Experian 2009 Annual Report Download - page 97

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95Experian Annual Report 2009
Introduction
2 – 7
Business review
8 – 43
Governance
44 – 72
Financial statements
Group nancial statements
4. Segmental information (continued)
Geographical segments – 2008
(a) Income statement – Year ended 31 March 2008
Continuing operations
North Latin UK & EMEA/ Central Total Discontinued To t a l
America America Ireland Asia Pacific Activities continuing operations1 Group
US$m US$m US$m US$m US$m US$m US$m US$m
Revenue from external customers2 2,061 324 1,024 380 – 3,789 341 4,130
Prot
Operating prot/(loss) 473 44 155 29 (76) 625 29 654
Net nancing costs – – – – (154) (154) (1) (155)
Share of post-tax prots of associates 49 – – 1 – 50 – 50
Prot/(loss) before tax 522 44 155 30 (230) 521 28 549
Group tax expense (91) (6) (97)
Prot for the nancial year 430 22 452
Reconciliation from EBIT to prot/(loss) before tax – continuing operations
EBIT 608 75 232 50 (57) 908
Net interest – – – – (125) (125)
Benchmark PBT 608 75 232 50 (182) 783
Exceptional items (note 8) (12) – (28) (9) (6) (55)
Amortisation of acquisition intangibles (48) (31) (35) (7) – (121)
Goodwill adjustment (2) – – – – (2)
Charges in respect of the demerger-related
equity incentive plans (18) – (14) (4) (13) (49)
Financing fair value remeasurements – – – – (29) (29)
Tax expense on share of prot of associates (6) – – – – (6)
Prot/(loss) before tax 522 44 155 30 (230) 521
1. As indicated in note 2, the segmental information for the year ended 31 March 2008 has been restated to reect the reclassication of the Group’s transaction
processing activities in France as a discontinued operation. Additional information on discontinued operations, the results of which were formerly reported
within the EMEA/Asia Pacic geographical segment, is shown in note 11.
2. Revenue from external customers arose principally from the provision of services.
(b) Balance sheet at 31 March 2008
North Latin UK & EMEA/ Central To t a l
America America Ireland Asia Pacific Activities1 Group
US$m US$m US$m US$m US$m US$m
Goodwill 1,474 1,033 711 387 – 3,605
Investments in associates 294 – – 1 – 295
Other assets 1,080 743 657 502 387 3,369
Total segment assets 2,848 1,776 1,368 890 387 7,269
Total segment liabilities (496) (138) (382) (328) (288) (1,632)
Segment net assets 2,352 1,638 986 562 99 5,637
Net present value of put option in respect of Serasa minority interest (583)
Net debt (2,699)
Tax (238)
Group net assets 2,117
1. Segment net assets for Central Activities represents corporate head ofce balances including retirement benet assets and obligations and derivative assets
and liabilities.