Elementis plc: Annual Report & Accounts 2001 - Notes to the financial statements: Segmental information

Notes to the financial statements (continued)

2. Segmental information


	Group turnover		Group operating profit/(loss)		Net assets
	2001 £million	2000 £million	2001 £million	2000 £million	2001 £million	2000 £million

Analysis by activity

Chromium

Before exceptionals	126.9	131.7	4.0	23.7	118.0	122.1

Inter-group turnover	(8.0)	(6.9)	-	-	-	-

Exceptionals	-	-	-	0.7	-	-

	118.9	124.8	4.0	24.4	118.0	122.1

Pigments & Specialties

Before goodwill amortisation and exceptionals	228.0	234.9	12.2	31.1	330.7	349.9

Goodwill amortisation	-	-	(14.0)	(13.3)	-	-

Exceptionals	-	-	-	(1.4)	-	-

	228.0	234.9	(1.8)	16.4	330.7	349.9

Specialty Rubber

Before exceptionals	46.0	54.1	(0.5)	2.6	22.9	23.7

Exceptionals	-	-	(0.5)	(2.3)	-	-

	46.0	54.1	(1.0)	0.3	22.9	23.7

Group exceptionals	-	-	(4.6)	-	-	-

Total - continuing operations

Before goodwill amortisation and exceptionals	392.9	413.8	15.7	57.4	471.6	495.7

Goodwill amortisation	-	-	(14.0)	(13.3)	-	-

Exceptionals	-	-	(5.1)	(3.0)	-	-

	392.9	413.8	(3.4)	41.1	471.6	495.7

Total - discontinued operations	137.5	160.0	2.4	6.0	-	7.6

Unallocated liabilities	-	-	-	-	(71.4)	(89.6)

	530.4	573.8	(1.0)	47.1	400.2	413.7



Analysis by area of operations

Continuing operations:

North America	213.3	229.0	(1.8)	27.4	334.8	351.4

Europe	156.7	163.4	(3.0)	12.2	122.6	128.9

Rest of the World	22.9	21.4	1.4	1.5	14.2	15.4

	392.9	413.8	(3.4)	41.1	471.6	495.7

Discontinued operations:

North America	137.5	160.0	2.4	6.0	-	7.6

Unallocated liabilities	-	-	-	-	(71.4)	(89.6)

	530.4	573.8	(1.0)	47.1	400.2	413.7



	Continuing operations		Discontinued operations		Total
	2001 £million	2000 £million	2001 £million	2000 £million	2001 £million	2000 £million

Group turnover analysed by geographical markets

North America	197.0	208.3	137.5	160.0	334.5	368.3

Europe	134.6	143.0	-	-	134.6	143.0

Rest of the World	61.3	62.5	-	-	61.3	62.5

	392.9	413.8	137.5	160.0	530.4	573.8

Unallocated liabilities comprise:


	2001 £ million	2000 £ million

Net borrowings	(40.0)	(41.7)

Taxation and dividends	(6.0)	(20.7)

Post retirement benefits and government grants	(12.3)	(14.8)

Other	(13.1)	(12.4)

	(71.4)	(89.6)

3 Supplementary profit & loss account information


	2001 £million	2000 £million

Group turnover

Continuing operations	392.9	413.8

Discontinued operations	137.5	160

	530.4	573.8

Cost of sales

Continuing operations:

Before exceptionals	(267.2)	(260.7)

Exceptionals	(0.5)	(1.8)

	(267.7)	(262.5)

Discontinued operations:

Before and after exceptionals	(111.3)	(128.8)

	(379)	(391.3)

Gross profit

Continuing operations:

Before exceptionals	125.7	153.1

Exceptionals	(0.5)	(1.8)

	125.2	151.3

Discontinued operations:

Before and after exceptionals	26.2	31.2

	151.4	182.5

Distribution costs

Continuing operations:

Before exceptionals	(66.9)	(60.8)

Exceptionals	-	(0.4)

	(66.9)	(61.2)

Discontinued operations:

Before and after exceptionals	(20.6)	(21.5)

	(87.5)	(82.7)

Administrative expenses

Continuing operations:

Before goodwill amortisation and exceptionals	(43.1)	(34.9)

Goodwill amortisation	(14.0)	(13.3)

Exceptionals	(4.6)	(0.8)

	(61.7)	(49)

Discontinued operations:

Before and after exceptionals	(3.2)	(3.7)

	(64.9)	(52.7)

Group operating profit/(loss)

Continuing operations:

Before goodwill amortisation and exceptionals	15.7	57.4

Goodwill amortisation	(14.0)	(13.3)

Exceptionals	(5.1)	(3.0)

	(3.4)	41.1

Discontinued operations:

Before and after exceptionals	2.4	6

	(1.0)	47.1

The Notes to the financial statements continue on the next page >>
[page 2 of 13]


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