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96 Experian Annual Report 2009
4. Segmental information (continued)
(c) Other nancial information
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
Benchmark PBT is stated after charging:
Depreciation of property,
plant and equipment 42 12 30 6 3 93 8 101
Amortisation of intangible assets
(other than acquisition intangibles) 104 26 33 16 – 179 8 187
Benchmark PBT includes:
Share of prot of associates 49 – – 1 – 50 – 50
Capital expenditure 164 50 72 31 4 321 23 344
1. As indicated in note 2, the segmental information in respect of 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.
Business segments
(a) Income statement
Year ended 31 March 2009
Continuing operations1
Credit Decision Marketing Central Total Discontinued Total
Services Analytics Services Interactive Activities continuing operations2 Group
US$m US$m US$m US$m US$m US$m US$m US$m
Revenue from external customers3 1,666 487 770 950 – 3,873 201 4,074
Prot
Operating prot/(loss) 415 120 24 171 (117) 613 26 639
Net nancing costs – – – – (77) (77) – (77)
Share of post-tax prots of associates 42 – – – – 42 – 42
Prot/(loss) before tax 457 120 24 171 (194) 578 26 604
Group tax expense (84) (14) (98)
Prot for the nancial year 494 12 506
Reconciliation from EBIT to prot/(loss) before tax – continuing operations
EBIT 554 142 88 212 (57) 939
Net interest – – – – (96) (96)
Benchmark PBT 554 142 88 212 (153) 843
Exceptional items (note 8) (41) (16) (23) (9) (28) (117)
Amortisation of acquisition intangibles (54) (6) (40) (32) – (132)
Goodwill adjustment – – (1) – – (1)
Charges in respect of the demerger-related
equity incentive plans4 – – – – (32) (32)
Financing fair value remeasurements – – – – 19 19
Tax expense on share of prot of associates (2) – – – – (2)
Prot/(loss) before tax 457 120 24 171 (194) 578
1. As indicated in note 2 to the nancial statements, there have been some reclassications in respect of three of the Group’s smaller businesses within the reporting of results
for continuing operations by business segment and the above results reect the new reporting structure. These reclassications relate to the Vente, Baker Hill and Experian
Payments businesses.
The effect of these reclassications on the reported results has been to increase the revenue reported for Decision Analytics and Interactive by US$39m and US$14m respectively
and to reduce that for Credit Services and Marketing Services by US$15m and US$38m respectively. The associated effect has been to increase operating prot and prot before
tax for Decision Analytics and Credit Services by US$7m and US$1m respectively and to reduce operating prot and prot before tax for Marketing Services by US$8m.
2. As indicated in note 2 to the nancial statements, discontinued operations comprise the Group’s transaction processing activities in France. Additional information on
discontinued operations, the results of which were formerly reported within the Credit Services business segment, is shown in note 11.
3. Revenue from external customers arose principally from the provision of services.
4. No allocation by business segment is made for charges in respect of the demerger-related equity incentive plans as the underlying data is maintained only to provide an
allocation by geographical segment.
Notes to the Group nancial statements continued
Financial statements