Experian 2016 Annual Report Download - page 46

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44
Financial results presentation
We have changed the format of our
Group income statement this year,
to show Exceptional items and Other
adjustments made to derive Benchmark
PBT separately from underlying
performance for both years presented.
We believe that this improves the
transparency of our reporting.
Note 6(a) to the Group financial
statements explains the reasons for
the exclusion from our definition
of Benchmark PBT of Exceptional
items and Other adjustments made
to Benchmark PBT. These items are
summarised in the table opposite.
The profit on disposal of businesses in
the year ended 31 March 2016 primarily
related to the disposals of the FootFall
and Baker Hill businesses and the
consumer insights businesses, Hitwise
and Simmons.
Further information on the costs in
respect of the North America security
incident and an explanation of their
nature is given in notes 13, 34 and 40 to
the Group financial statements.
Exceptional items and Other adjustments
made to derive Benchmark PBT
2016
US$m
2015
US$m
Exceptional items:
(Profit)/loss on disposal of businesses (57) 2
North America security incident related costs 20
Exceptional items (37) 2
Other adjustments made to derive Benchmark PBT:
Amortisation of acquisition intangibles 119 134
Acquisition expenses 4 1
Adjustment to the fair value of
contingent consideration 2 7
Financing fair value remeasurements 21 81
Other adjustments made to derive Benchmark PBT 146 223
Net charge for Exceptional items and Other
adjustments made to derive Benchmark PBT 109 225
Financial review continued
p126
p168
p163p136
Strategic report Financial review