Carphone Warehouse 2016 Annual Report Download - page 134

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Notes to the Group financial statements
132
25 Discontinued operations and assets held for sale continued
13 months ended 2 May 2015
V
irgin
Mobile
France
£million
Phone
House
Germany
£million
Phone
House
Netherlands
£million
Phone
House
Portugal
£million
Total
£million
Revenue — 323 159 47 529
Expenses — (364) (239) (55) (658)
Loss before tax — (41) (80) (8) (129)
Income tax — — — — —
— (41) (80) (8) (129)
Profit on disposal 87 — — — 87
Impairment losses recognised on classification as
held for sale — (16) (43) (13) (72)
87 (57) (123) (21) (114)
b) Assets held for sale
The Group’s assets held for sale and associated liabilities are analysed as follows:
30 April
2016
£million
2 Ma
y
2015
£million
Inventory — 16
Receivables — 66
Cash and cash equivalents — 55
A
ssets held for sale — 137
Liabilities associated with assets held for sale – current liabilities — (68)
Net assets held for sale — 69
c) Cash flows from discontinued operations
Year ended
30 April
2016
£million
13 months
ended
2 May
2015
£million
Operating activities 2 (78)
Investing activities 30 81
32 3
00_DC 2016 Annual Report.pdf 132 11/07/2016 18:34