Carphone Warehouse 2001 Annual Report Download - page 34

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2Segmental analysis
Divisional results are analysed as follows:
2001 2000
Turnover Profit Net assets Turnover Profit Net assets
before tax before tax
£’000 £’000 £’000 £’000 £’000 £’000
Distribution 1,079,143 101,160 363,970 685,838 63,136 21,019
Telecoms Services 30,481 18,125 21,802 10,456 9,746 11,270
Wireless Data Services 1,054 (5,265) 52,673 1,426 977 11,131
Common costs –(48,004) – – (32,470) –
1,110,678 66,016 438,445 697,720 41,389 43,420
Depreciation (18,788) (10,617)
Amortisation (8,771) (340)
Operating profit 38,457 30,432
Exceptional items 6,555 (5,132)
Net interest receivable (payable) 2,385 (196)
Profit before tax 47,397 25,104
Results by geographical location are analysed by origin as follows:
2001 2000
Turnover Profit Net assets Turnover Profit Net assets
before tax before tax (liabilities)
£’000 £’000 £’000 £’000 £’000 £’000
United Kingdom 749,160 91,118 391,220 532,618 61,436 47,770
Rest of Europe 361,518 22,902 47,225 165,102 12,423 (4,350)
Common costs –(48,004) –– (32,470) –
1,110,678 66,016 438,445 697,720 41,389 43,420
Depreciation (18,788) (10,617)
Amortisation (8,771) (340)
Operating profit 38,457 30,432
Exceptional items 6,555 (5,132)
Net interest receivable (payable) 2,385 (196)
Profit before tax 47,397 25,104
There is not a material difference between turnover by destination and turnover by origin.
Acquisitions during the period generated the following turnover and profit before tax by segment:
Turnover Profit before tax
£’000 £’000
Distribution 102,920 187
Telecoms Services 16,068 3,704
Common costs –(3,134)
118,988 757
United Kingdom 107,112 3,562
Rest of Europe 11,876 329
Common costs –(3,134)
118,988 757
Details of acquisitions in the period are given in note 12.
It is not practicable to determine the operating assets for acquisitions made during the period at 31 March 2001 as, subsequent to the
acquisitions, these assets were incorporated into the operations of other Group undertakings for financial reporting purposes.
Notes to the financial statements continued
32 The Carphone Warehouse Group PLC Annual Report 2001