Experian 2010 Annual Report Download - page 119

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117
Introduction
2 – 11
Business review
12 – 51
Governance
52 – 84
Financial statements
85 – 160
13. Discontinued operations
The Group disposed of its transaction processing activities in France on 31 October 2008 and the results and cash ows of that
business are accordingly classied as discontinued.
Results for discontinued operations
2010
US$m
2009
US$m
Revenue - 201
Cost of sales - (147)
Gross prot - 54
Distribution costs -(6)
Administrative expenses -(49)
Operating expenses - (55)
Loss for discontinued operations - (1)
(Loss)/prot on disposal of discontinued operations:
(Loss)/prot on disposal (8) 27
Tax charge in respect of (loss)/prot on disposal - (14)
(Loss)/prot after tax on disposal of discontinued operations (8) 13
(Loss)/prot for the year from discontinued operations (8) 12
There was a net cash inow on the disposal of the transaction processing activities in France of US$191m in the year ended
31 March 2009 on the completion of the sale and a further cash outow of US$17m in the year ended 31 March 2010 on the
settlement of additional related costs. These cash ows are disclosed within net cash ows used in investing activities from
continuing operations in the Group cash ow statement.
Cash ows attributable to discontinued operations
2010
US$m
2009
US$m
From operating activities - (10)
From investing activities - (10)
Exchange and other movements - 3
Net decrease in cash equivalents in discontinued operations - (17)