Carphone Warehouse 2014 Annual Report Download - page 75
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Carphone Warehouse Group plc
Annual Report 2014 73
FINANCIAL STATEMENTS
4 NON‑HEADLINE ITEMS
Non-Headline items comprise:
i) French operations
— The results, including closure provisions, of the Group's French retail business, which is in the process of closure.
ii) CPW Europe Acquisition
— Exceptional items associated with the transaction.
iii) CPW Europe Reorganisation
— Exceptional items incurred in the prior year in relation to restructuring activity within CPW Europe.
iv) Amortisation of acquisition intangibles
— Amortisation of acquisition intangibles, relating principally to the CPW Europe Acquisition.
The items above have affected the results of both the wholly owned Group and the Group's joint ventures and are analysed as follows:
Restated
2014 2013
Notes £m £m
Continuing operations
Revenue:
French operations i) 71 —
Cost of sales:
French operations i) (48) —
Operating expenses:
French operations i) (29) —
CPW Europe Acquisition ii) (15) —
Amortisation of acquisition intangibles iv) (16) —
(60) —
Share of results of joint ventures (post-tax):
French operations i) (23) (45)
CPW Europe Reorganisation iii) —(5)
(23) (50)
Taxation:
CPW Europe Acquisition ii) 3—
Amortisation of acquisition intangibles iv) 3—
6—
Loss for the year from continuing operations (54) (50)
Discontinued operations:
Amortisation of joint venture acquisition intangibles —(1)
Loss for the year (54) (51)