Carphone Warehouse 2014 Annual Report Download - page 73

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Carphone Warehouse Group plc
Annual Report 2014 71
FINANCIAL STATEMENTS
2 OPERATING SEGMENTS continued
b) SEGMENTAL RESULTS continued
CPW
Joint ventures
(see note 24)
UK and CPW
Virgin
Mobile
Ireland Europe France Total
2013 (restated) £m £m £m £m
Revenue 11 — — 11
Headline EBIT before share of results of joint ventures 3 — — 3
Share of Headline results of joint ventures (post-tax) —48 —48
Headline EBIT 348 —51
Share of joint venture exceptional items (post-tax)* — (5) —(5)
French operations (in process of closure)* —(45) —(45)
Statutory EBIT (segment results) 3(2) — 1
Assets 148 524 13 685
Liabilities (24) — — (24)
Net assets 124 524 13 661
Capital expenditure — — — —
* See note 4 for further details.
Transactions between segments are on an arm’s length basis.
c) GEOGRAPHICAL INFORMATION
The geographical information below further analyses the Group’s revenue and non-current assets. Revenue and non-current assets
areallocated based on the location of customers and assets.
2014 2013
i) Headline revenue* £m £m
United Kingdom 1,402 11
Netherlands 127 —
Spain 386 —
Germany 395 —
Other 195 —
2,505 11
* Non-Headline revenue of £71m (2013: nil) relates to French retail operations, which are in the process of closure.
2014 2013
ii) Non-current assets £m £m
United Kingdom 779 552
Netherlands 60 —
Spain 60 —
Germany 26 —
Other 27 13
952 565