25th Jul 2005 10:00
Atkins (WS) PLC25 July 2005 WS Atkins plc Correction: Segmental Disclosure under International Financial Reporting Standards On 21 July 2005 Atkins announced restated segmental analysis for the year ended31 March 2005 under International Financial Reporting Standards. The correct restated segmental analysis for the year ended 31 March 2005 underIFRS is produced below. The correction solely relates to the allocation andpresentation of the goodwill impairment charge. Total turnover Inter-segment Turnover Operating Operating turnover profit margins (excluding impairment of goodwill) ------------------------------------------------------------------- £m £m £m £m % Rail 206.7 (19.1) 187.6 8.9 4.7%H&T 220.6 (13.8) 206.8 9.6 4.6%Design andEngineeringSolutions 279.3 (17.4) 261.9 21.1 8.1%China andMiddle East 26.5 - 26.5 2.0 7.5%Management andProjectServices 156.8 (4.6) 152.2 9.5 6.2%AssetManagement 59.5 (0.9) 58.6 (4.7) (8.0)%EquityInvestments 61.4 - 61.4 4.3 7.0% ----------------------------------------------------------Total beforebid costs 1,010.8 (55.8) 955.0 50.7 5.3%PFI/PPP Bidcosts - - - (0.5) n/a ----------------------------------------------------------Totalcontinuingsegments 1,010.8 (55.8) 955.0 50.2 5.3% ---------------------------------------------------------- Depreciation Goodwill Amortisation Share of impairment of intangibles operating profit of JVs & Assocs ---------------------------------------------------------------- £m £m £m £m Rail (2.8) - (0.3) -H&T (4.2) - (0.6) 0.8Design &EngineeringSolutions (6.1) - (0.8) 0.2China & MiddleEast (0.5) - - -Management andProjectServices (2.5) (7.2) (0.3) 0.7AssetManagement (1.3) - (0.2) -EquityInvestments (1.7) - (0.1) 8.5 ---------------------------------------------------------Totalcontinuingsegments (19.1) (7.2) (2.3) 10.2 --------------------------------------------------------- The information presented in the table above excludes the indicative pro formaadjustments in relation to IAS 32 and 39 and IFRIC Draft 12 to 14. No adjustment is required for the segmental analysis for the six months ended 30September 2004. Enquiries: Robert MacLeodGroup Finance DirectorTel No: 01372 752511 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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