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Annual Report and Financial Statements 2010
Notes to the Financial Statements
continued
1. Segment analysis
Geographical segments
| Group | Revenue | Impairment | Profit before taxation | |||||
|---|---|---|---|---|---|---|---|---|
| 2010 £m | 2009 £m | 2010 £m | 2009 £m | 2010 £m | 2009 £m |
|||
| Poland | 245.3 | 226.3 | 75.1 | 63.5 | 49.0 | 46.2 | ||
| Czech-Slovakia | 137.7 | 128.5 | 27.3 | 25.9 | 41.7 | 37.5 | ||
| Hungary | 74.0 | 84.8 | 11.3 | 34.1 | 9.1 | (7.2) | ||
| UK – central costs* | – | – | – | – | (12.9) | (12.7) | ||
| Established businesses | 457.0 | 439.6 | 113.7 | 123.5 | 86.9 | 63.8 | ||
| Mexico | 101.2 | 74.8 | 36.9 | 27.7 | 3.5 | 0.3 | ||
| Romania | 50.5 | 35.8 | 17.5 | 13.1 | 1.7 | (2.4) | ||
| Total – pre-exceptional items | 608.7 | 550.2 | 168.1 | 164.3 | 92.1 | 61.7 | ||
| Exceptional items | – | – | – | – | (3.9) | – | ||
| Total – continuing operations | 608.7 | 550.2 | 168.1 | 164.3 | 88.2 | 61.7 | ||
| Discontinued operations | – | – | – | – | – | (10.7) | ||
| Total | 608.7 | 550.2 | 168.1 | 164.3 | 88.2 | 51.0 | ||
| Group | Segment assets | Segment liabilities | |||
|---|---|---|---|---|---|
| 2010 £m | 2009 £m | 2010 £m | 2009 £m |
||
| Poland | 269.1 | 272.2 | 141.6 | 133.2 | |
| Czech-Slovakia | 169.3 | 156.3 | 62.6 | 68.8 | |
| Hungary | 87.4 | 89.6 | 59.3 | 57.4 | |
| UK | 28.6 | 27.7 | 46.7 | 103.4 | |
| Mexico | 92.1 | 76.2 | 54.3 | 37.0 | |
| Romania | 56.2 | 48.5 | 29.2 | 10.9 | |
| Total | 702.7 | 670.5 | 393.7 | 410.7 | |
| Group | Capital expenditure | Depreciation | |||
|---|---|---|---|---|---|
| 2010 £m | 2009 £m | 2010 £m | 2009 £m |
||
| Poland | 0.7 | 0.6 | 3.5 | 4.2 | |
| Czech-Slovakia | 2.2 | 1.2 | 2.3 | 2.7 | |
| Hungary | 0.9 | 1.0 | 2.0 | 2.3 | |
| UK | 4.9 | 3.4 | 2.1 | 2.1 | |
| Mexico | 1.6 | 0.8 | 0.8 | 1.1 | |
| Romania | 0.3 | 0.9 | 0.7 | 1.0 | |
| Total | 10.6 | 7.9 | 11.4 | 13.4 | |
* Although the UK central costs are not classified as a separate segment in accordance with IFRS 8 ‘Operating segments’, they are shown separately above in order to provide a reconciliation to profit before taxation.
All revenue comprises amounts earned on amounts receivable from customers.
The Group is domiciled in the UK, no revenue is generated in the UK. Total revenue from external customers is £608.7m (2009: £550.2m) and the breakdown by geographical area is disclosed above.
The total of non-current assets other than financial instruments and deferred tax assets located in the UK is £17.8m (2009: £19.6m), and the total of non-current assets located in other countries is £24.7m (2009: £31.3m).
There is no single external customer from which significant revenue is generated.
Expenditure on intangible assets of £0.5m (2009: £1.9m) and amortisation of £5.1m (2009: £5.0m) all relates to the UK.
The segments shown above are the segments for which management information is presented to the Board which is deemed to be the Group’s chief operating decision maker. The Board considers the business from a geographic perspective.
© International Personal Finance 2012