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Consolidated income statement

For the year ended 31 December 2012

Before exceptional items 2012 Notes Continuing operations Revenue Other operating income Operating expenses Exceptional operating items Amortisation of intangible assets arising on acquisitions Share of results from joint ventures and associates (after tax) Group operating profit from continuing operations 3.1 2 797.8 7.9 -637 -25.7 7.2 150.2 -0.9 -0.9 m Exceptional items 2012 m

Financing income Financing expense Net financing expense

5.4 5.4 5.4

5.5 -30.6 -25.1

3.1 3.1

Profit before tax from continuing operations

125.1

2.2

Tax Profit for the year from continuing operations

3.2

-6.1 119.0

2.2

Discontinued operations (Loss)/profit for the year from discontinued operations (Loss)/profit for the year 6.4 16.5 135.5 -179.6 -177.4

Attributable to: Owners of the parent entity Non-controlling interests

Earnings per share (pence) Continuing operations basic Continuing operations diluted Profit for the year basic Profit for the year diluted 3.3 3.3 3.3 3.3

Group operating profit from continuing operations Exceptional operating items Amortisation of intangible assets arising on acquisitions Share of tax on profit in joint ventures and associates Adjusted operating profit from discontinued operations Adjusted Group operating profit1 6.4 3.1

Restated before exceptional Total 2012 m items 2011 m Restated exceptional items 2011 m Restated total 2011 m

797.8 7.9 -637 -0.9 -25.7 7.2 149.3

782.3 9.4 -620.5 -26.4 2.3 147.1

-8.5 -8.5

782.3 9.4 -620.5 -8.5 -26.4 2.3 138.6

5.5 -27.5 -22

5.4 -29.4 -24

-29.4 -29.4

5.4 -58.8 -53.4

127.3

123.1

-37.9

85.2

-6.1 121.2

-12.9 110.2

-37.9

-12.9 72.3

-163.1 -41.9

13.6 123.8

0.2 -37.7

13.8 86.1

-52.4 10.5 -41.9

75.7 10.4 86.1

45.3p 44.5p (21.4)p (21.4)p

25.4p 25.0p 31.1p 30.6p

m 149.3 0.9 25.7 1.1 26.7 203.7

m 138.6 8.5 26.4 0.7 27.7 201.9

Consolidated Statement of comprehensive income


for the year ended 31 December 2012 2012 Notes (Loss)/profit for the year Other comprehensive income/(loss) Currency translation differences on foreign operations Group Net investment hedge 5.5 5.5 15.6 -28.2 1.3 -0.7 m -41.9 2011 m 86.1

Actuarial losses recognised in the pension schemes Irrecoverable element of pension surplus

-28.6 3.6

-27.3 -1

Share of other comprehensive income of joint ventures and associates: Currency translation differences on foreign operations Share of actuarial losses of associates -0.2 -0.4 -0.6 0.1 -0.4 -0.3

Income tax relating to components of other comprehensive income Other comprehensive loss for the year net of tax

3.2

-38.2

-28

Total comprehensive (loss)/income for the year net of tax

-80.1

58.1

Attributable to: Owners of the parent entity Non-controlling interests -88.4 8.3 -80.1 47.3 10.8 58.1

Consolidated statement of financial position


at 31 December 2012 31-Dec 2012 Notes Assets Non-current assets Goodwill Intangible assets Property, plant and equipment Investments in joint ventures and associates Derivative financial instruments Retirement benefit surplus Deferred tax asset 3.2 4.1 790.6 112.0 28.4 23.1 26.5 4.2 3.0 987.8 Current assets Inventories Trade and other receivables Cash and cash equivalents Assets of disposal group classified as held for sale 6.4 0.3 200.9 78.5 207.4 487.1 Total assets Liabilities Current liabilities Current tax liabilities Trade and other payables Provisions Borrowings Derivative financial instruments Liabilities associated with assets of disposal group classified as held for sale 5.3 3.2 52.7 333.1 10.5 0.2 3.4 6.4 69.2 469.1 Non-current liabilities Deferred tax liabilities Trade and other payables Provisions Borrowings Derivative financial instruments Retirement benefit obligation 5.3 3.2 27.6 6.0 11.4 661.1 15.9 54.4 776.4 Total liabilities Equity attributable to owners of the parent entity Share capital Share premium Other reserves 5.5 5.5 24.5 6.6 -608.3 24.5 4.1 -605.1 1,245.5 44.9 13.7 14.3 580.1 35.6 42.4 731.0 1,272.9 65.9 407.8 15.0 53.0 0.2 541.9 1,474.9 6.3 227.8 106.7 340.8 1,684.9 1,088.0 162.8 40.8 18.3 23.3 10.9 1,344.1 m 31-Dec 2011 m

Retained earnings Put options over non-controlling interests Total equity attributable to owners of the parent entity Non-controlling interests Total equity Total equity and liabilities

792.4 -13 202.2 27.2 229.4 1,474.9

973.9 -12.4 385.0 27.0 412.0 1,684.9

Consolidated statement of cash flows


for the year ended 31 December 2012 2012 Notes Cash flows from operating activities Reconciliation of (loss)/profit to operating cash flows Profit for the year from continuing operations (Loss)/profit for the year from discontinued operations (Loss)/profit for the year Add back: Exceptional items and charges to provisions (excluding fair value adjustments below) Fair value adjustments of contingent consideration Tax Amortisation of intangible assets Amortisation of website development costs Depreciation Share of results from joint ventures and associates (after tax) Financing income Financing expense Other non-cash items 5.4 5.4 6.1 3.2 180.3 -2.9 6.3 35.7 3.9 12.6 -7.9 -5.5 30.6 6.1 217.3 Payments against provisions Pension deficit contributions Decrease in inventories Increase in trade and other receivables (Decrease)/increase in trade and other payables Cash generated from operations Interest and finance income received Interest and finance costs paid Tax paid Dividends received from joint ventures and associates Net cash flows from operating activities Net cash flows from operating activities continuing Net cash flows from operating activities discontinued Cash flows from investing activities Acquisition of interests in subsidiaries, net of cash acquired Purchase of property, plant and equipment Expenditure on intangible assets Proceeds from sale of businesses, net of cash disposed Advances to joint ventures and associates Advances to non-controlling interest partners Net cash flows from investing activities Net cash flows from investing activities continuing Net cash flows from investing activities discontinued 6.3 6.1 -57.6 -11.6 -16.5 10.1 -0.4 -2.9 -78.9 -73.7 -5.2 -62.4 -14.8 -5.2 12.1 -70.3 -65.7 -4.6 3.2 -11.9 -3.2 0.2 -8.5 -4.1 189.8 1.0 -31.2 -29.7 1.1 131.0 116.0 15.0 39.6 -1.9 15.9 37.5 2.4 14.4 -2.9 -5.4 29.4 5.8 220.9 -14.2 -3.1 1.0 -23.8 22.9 203.7 1.0 -28.8 -29.9 1.3 147.3 130.7 16.6 6.4 121.2 -163.1 -41.9 72.3 13.8 86.1 m 2011 m

Cash flows from financing activities Proceeds from issuance of ordinary share capital Acquisition of non-controlling interests Dividends paid to shareholders Dividends paid to non-controlling interests Investment in own shares ESOP Increase in borrowings Repayment of 53.1m floating rate reset loans Repayment of 75m floating rate reset bonds Net cash flows from financing activities Net cash flows from financing activities continuing Net cash flows from financing activities discontinued 6.2 2.5 -30.7 -65.3 -9.5 -8.1 94.9 -52.7 -68.9 -55.1 -13.8 1.1 -0.1 -61.5 -10.6 68.5 -94.1 -96.7 -81.1 -15.6

Net decrease in cash and cash equivalents Net foreign exchange difference Cash and cash equivalents at 1 January Cash and cash equivalents at 31 December

-16.8 -3.1 106.6 86.7

-19.7 0.5 125.8 106.6

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