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Contents
Financial highlights
Group profile
Chairman's statement
Review of operations
Consolidated profit & loss account
Consolidated balance sheet
Cash flow statement
Reconciliation of operating profit
Statement of total recognised gains & losses
Reconciliation of movements
Notes to the financial statements
Independent review report to Elementis plc
Shareholder services
Shareholder information
Information for calculation of capital gains tax
Financial calendar
for the six months to 30 June 2001
2001
Six months
to 30 June
2000
Six months
to 30 June
2000
Year
to 31 Dec
£million
£million
£million
Operating profit
5.5
23.0
47.2
Goodwill amortisation
6.9
6.4
13.3
Depreciation (less grants credited)
9.4
8.5
17.3
Share of profits of associated undertakings
-
-
(0.1)
Profit on disposal of fixed assets
-
(0.2)
-
Exceptionals in operating profit
5.1
2.8
3.0
Cash outflow on exceptionals
(4.3)
(2.2)
(3.9)
Increase in stocks
(5.1)
(1.0)
(1.8)
Increase in debtors
(9.5)
(14.8)
(8.4)
Decrease in creditors
(6.4)
(2.7)
(2.2)
Decrease in provisions
(1.2)
(1.7)
(6.0)
Net cash inflow from operating activities
0.4
18.1
58.4
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