Energizer 2014 Annual Report Download - page 57

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(f) Net earnings were (reduced)/increased by the following items:
FOR THE YEARS ENDED SEPTEMBER 30,
2014 2013 2012 2011 2010
2013 restructuring (g) $ (70.5) $ (97.9) $ (4.6) $ $
Spin-off costs (28.1) ———
Feminine care acquisition/integration costs (6.2) (0.8) —
Acquisition inventory valuation (5.0) — (4.4)
ASR integration/transaction costs (0.6) (1.6) (5.3) (8.5)
Other realignment/integration costs (0.3) (0.2) (0.3) (2.0) (7.4)
Net pension/post-retirement gains 0.8 67.5 — —
Venezuela devaluation/other impacts (6.3) (1.8) (14.2)
Prior restructuring 5.7 (63.3)
Early termination of interest rate swap — (1.1)
Early debt retirement/duplicate interest — (14.4)
Voluntary retirement/reduction in force costs ———0.1
Adjustments to valuation allowances and prior years tax accruals 7.7 8.3 7.0 (9.7) 6.1
Tax benefits - special foreign dividend — — — 23.5
Total $ (102.2) $ (31.0) $ 1.4 $ (104.1) $ 8.1
(g) Includes net of tax costs of $7.6, $3.4 and zero for the twelve months ended September 30, 2014, 2013 and 2012, respectively, associated with certain
information technology and related activities, which are included in SG&A on the Consolidated Statements of Earnings and Comprehensive Income.
Additionally, this includes net of tax costs of $0.8, $3.8 and zero for the twelve months ended September 30, 2014, 2013 and 2012, respectively, associated
with obsolescence charges related to the exit of certain non-core product lines as a result of our restructuring, which are included in Cost of products sold on
the Consolidated Statements of Earnings and Comprehensive Income.
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