Carphone Warehouse 2011 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2011 Carphone Warehouse annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 86

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86

Carphone Warehouse Group plc Annual Report 2011 55
FINANCIAL STATEMENTS
2 SEGMENTAL REPORTING
Segmental results are analysed as follows:
2011
Best Buy Europe
(see note 14)
£m
Virgin Mobile
France
(see note 14)
£m
Investment
properties
and central
functions
£m
Total
£m
Revenue – – 5.6 5.6
Headline EBIT before share of results of joint ventures – – (3.1) (3.1)
Share of Headline results of joint ventures (post-tax) 60.4 8.2 – 68.6
Headline EBIT 60.4 8.2 (3.1) 65.5
Share of amortisation of joint venture acquisition intangibles (post-tax) – (2.2) – (2.2)
Statutory EBIT (segment results) 60.4 6.0 (3.1) 63.3
Assets 571.8 20.4 196.4 788.6
Liabilities – – (30.6) (30.6)
Net assets 571.8 20.4 165.8 758.0
2010
Best Buy Europe
(see note 14)
£m
Virgin Mobile
France
(see note 14)
£m
Investment
properties
and central
functions
£m
Total
£m
Revenue – – 5.5 5.5
Headline EBIT before share of results of joint ventures – – (0.5) (0.5)
Share of Headline results of joint ventures (post-tax) 47.3 (8.2) – 39.1
Headline EBIT 47.3 (8.2) (0.5) 38.6
Share of amortisation of joint venture acquisition intangibles (post-tax) – (0.6) – (0.6)
Statutory EBIT (segment results) 47.3 (8.8) (0.5) 38.0
Assets 512.6 29.2 172.4 714.2
Liabilities – – (23.7) (23.7)
Net assets 512.6 29.2 148.7 690.5
Transactions between segments are on an arm’s length basis.