Notes to the Interim Report & Accounts
(unaudited)
2 Analyses of revenue and operating profit by business segment
For management purposes, the Group is organised into three business segments – Detection, Medical and Specialty Engineering. These business segments are the basis on which the Group reports its primary segment information.
For reporting purposes, Specialty Engineering is analysed into two segments: John Crane and Specialty – Other.
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Period ended 2 February 2008 |
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Specialty Engineering |
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Detection |
Medical |
John Crane |
Specialty |
Total |
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Revenue |
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222.0 |
346.3 |
282.8 |
236.7 |
1,087.8 |
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Headline operating profit |
|
31.0 |
60.6 |
36.8 |
29.7 |
158.1 |
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Exceptional operating items (note 4) |
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(0.1) |
(2.4) |
(6.1) |
27.5 |
18.9 |
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Amortisation of acquired intangible assets |
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(0.2) |
(5.5) |
(0.6) |
(0.9) |
(7.2) |
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Operating profit |
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30.7 |
52.7 |
30.1 |
56.3 |
169.8 |
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Exceptional finance costs – adjustment to discounted provision (note 4) |
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(2.5) |
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(2.5) |
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Net finance costs – other |
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(1.9) |
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Share of post-tax (losses)/profits of associated companies |
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(0.4) |
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0.4 |
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Profit before taxation |
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165.4 |
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Taxation |
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(32.5) |
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Profit for the period – continuing operations |
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132.9 |
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Period ended 3 February 2007 |
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Specialty Engineering |
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Detection |
Medical |
John Crane |
Specialty |
Total |
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Revenue |
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182.0 |
347.0 |
251.9 |
240.3 |
1,021.2 |
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Headline operating profit |
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27.3 |
60.4 |
31.2 |
29.3 |
148.2 |
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Exceptional operating items (note 4) |
|
0.2 |
(5.1) |
12.3 |
0.7 |
8.1 |
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Amortisation of acquired intangible assets |
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(0.2) |
(5.4) |
(0.2) |
(1.2) |
(7.0) |
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Financing losses |
|
(0.3) |
0.4 |
0.1 |
(0.1) |
0.1 |
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Operating profit |
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27.0 |
50.3 |
43.4 |
28.7 |
149.4 |
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Net finance costs |
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(12.4) |
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Share of post-tax (losses)/profits of associated companies |
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(1.0) |
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0.3 |
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(0.7) |
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Profit before taxation |
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136.3 |
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Taxation |
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(30.4) |
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Profit for the period – continuing operations |
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105.9 |
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Period ended 31 July 2007 |
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Specialty Engineering |
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Detection |
Medical |
John Crane |
Specialty |
Total |
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Revenue |
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437.5 |
690.6 |
532.4 |
500.4 |
2,160.9 |
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Headline operating profit |
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78.6 |
127.3 |
75.3 |
66.4 |
347.6 |
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Exceptional operating items (note 4) |
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(13.0) |
(9.6) |
(73.2) |
(2.4) |
(98.2) |
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Amortisation of acquired intangible assets |
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(0.4) |
(11.5) |
(0.6) |
(2.3) |
(14.8) |
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Financing losses |
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(0.1) |
(0.2) |
(0.2) |
(1.0) |
(1.5) |
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65.1 |
106.0 |
1.3 |
60.7 |
233.1 |
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Profit on sale of financial assets |
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24.0 |
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Operating profit |
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|
257.1 |
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Net finance costs |
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(0.6) |
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Share of post-tax (losses)/profits of associated companies |
|
(1.1) |
|
0.6 |
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(0.5) |
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Profit before taxation |
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256.0 |
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Taxation |
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(53.1) |
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Profit for the period – continuing operations |
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202.9 |