Elementis Annual Report 2000
  Reconciliation of operating profit to net
for the year ended 31 December 2000
Specialty Rubber

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  2000 1999
  £million £million
Operating profit 47.2 29.0
Goodwill amortisation 13.3 12.5
Depreciation (less grants credited) 17.3 15.3
Share of profits of associated undertakings (0.1) (0.1)
Loss on disposal of fixed assets - 0.2
Exceptionals in operating profit 3.0 15.3
Cash outflow on exceptionals (3.9) (12.2)
(Increase)/decrease in stocks (1.8) 15.0
Increase in debtors (8.4) (6.2)
(Decrease)/increase in creditors (2.2) 10.6
Decrease in provisions (6.0) (5.3)
  58.4 74.1

 



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