There were no discontinued operations in 2002.In 2001 discontinued
operations contributed turnover of £137.5 million,cost of sales
of £111.3 million, distribution costs of £20.6 million and administrative
expenses of £3.2 million.
4 Exceptionals
|
 |
 |
2002
£million |
|
2001
restated
£million |
|
 |
| Operating exceptionals: |
|
|
|
|
 |
| Impairment charge against Chromium assets |
35.4 |
|
– |
|
 |
| Restructuring of combined Chromium businesses |
5.1 |
|
– |
|
 |
| Restructuring of Linatex business |
0.7 |
|
0.5 |
|
 |
| Restructuring of Pigments & Specialties
Birtley operation |
4.5 |
|
– |
|
 |
| Chromium insurance recovery |
(1.0 |
) |
– |
|
 |
| Costs of preparing company for sale |
– |
|
4.6 |
|
 |
| |
44.7 |
|
5.1 |
|
 |
| Non-operating exceptionals: |
|
|
|
|
 |
| Profit on disposal of properties – continuing
operations |
(4.8 |
) |
– |
|
 |
| Profit on disposal of properties – discontinued
operations |
(1.4 |
) |
– |
|
 |
| Loss on disposal of businesses – continuing
operations |
2.9 |
|
– |
|
 |
| Profit on disposal of businesses – discontinued
operations |
(1.0 |
) |
(1.3 |
) |
 |
| |
(4.3 |
) |
(1.3 |
) |
 |
| |
40.4 |
|
3.8 |
|
 |
| Tax credit on exceptionals |
(3.6 |
) |
(4.9 |
) |
 |
| |
36.8 |
|
(1.1 |
) |
 |
| |
The profit on disposal of businesses from respect of a business discontinued
operations includes £1.9 million in that was sold in 1997.