Peachtree 2012 Annual Report Download - page 91

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Overview
Performance
Governance
Results for the year continued
Year ended 30 September 2011
Reconciliation of Non-GAAP EBITA† to IFRS statutory operating profit
Europe
£m
Americas
£m
AAMEA
£m
Group
£m
Non-GAAP EBITA† 229.3 99.7 36.5 365.5
Amortisation of acquired intangible assets (15.3) (5.5) (0.9) (21.7)
Amortisation of software development expenditure (0.1) – – (0.1)
Acquisition-related items (0.2) – (0.2) (0.4)
Operating profit 213.7 94.2 35.4 343.3
1.3 Assets and liabilities by segment
Year ended 30 September 2012 Note
Europe
£m
Americas
£m
AAMEA
£m
Group
£m
The assets and liabilities by segment were as follows:
Segment assets 1,109.8 1,248.8 114.7 2,473.3
Segment liabilities (502.7) (315.0) (83.4) (901.1)
Segment net assets 607.1 933.8 31.3 1,572.2
Unallocated liabilities
– Corporate borrowings (199.2)
Total net assets 1,373.0
Other segment information by segment was as follows:
Capital expenditure – property, plant and equipment 611.1 5.1 3.1 19.3
Capital expenditure – intangible assets 5.2 5.3 5.5 – 10.8
Depreciation 613.8 5.7 2.2 21.7
Amortisation of intangible assets 5.2 13.1 11.6 0.9 25.6
Other non-cash expenses – share-based payments 14.2 1.2 (0.2) 0.3 1.3
Segment assets include all intangible assets, property, plant and equipment, inventories, trade and other receivables, cash and cash equivalents and tax assets.
Segment liabilities comprise mainly trade and other payables, deferred income, post-employment benefit obligations, tax liabilities, financial instruments and
certain borrowings that can be attributed to the segment but exclude borrowings that are for general corporate purposes. Capital expenditure comprises
additions to property, plant and equipment and intangible assets.
Year ended 30 September 2011 Note
Europe
£m
Americas
£m
AAMEA
£m
Group
£m
The assets and liabilities by segment were as follows:
Segment assets 1,261.4 1,111.7 119.1 2,492.2
Segment liabilities (518.1) (204.4) (73.4) (795.9)
Segment net assets 743.3 907.3 45.7 1,696.3
Unallocated liabilities
– Non-current assets classified as held for sale 15.4 251.1
– Non-current liabilities classified as held for sale 15.4 (49.7)
– Corporate borrowings (189.9)
Total net assets 1,707.8
Other segment information by segment was as follows:
Capital expenditure – property, plant and equipment 614.9 8.2 2.4 25.5
Capital expenditure – intangible assets 5.2 2.5 6.8 – 9.3
Depreciation 614.0 5.6 2.2 21.8
Amortisation of intangible assets 5.2 17.2 10.0 0.9 28.1
Other non-cash expenses – share-based payments 14.2 2.0 0.8 0.4 3.2
Financial statements
89
The Sage Group plc | Annual Report & Accounts 2012