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Summarised results are presented for five years. The Group was formed on 28 September 2001.

The principle adjustment to restate the results for 2003 under IFRS would be the elimination of goodwill amortisation.

Discontinued operations have been excluded from this table.

Overview
£ million Under IFRS
2007
Under IFRS
2006
Under IFRS
2005
Restated Under IFRS
2004
Under UK GAAP
2004
Under UK GAAP
2003
 
Continuing operations before exceptional items
Revenue
Foundry 349.7 327.3 304.2 269.4 269.4 245.0
Steel 81.6 81.5 72.6 69.9 69.9 67.9
Total 431.3 408.8 376.8 339.3 339.3 312.9
Operating profit before exceptionals
Foundry 54.7 47.7 41.4 34.6 34.5 26.7
Steel 0.5 3.0 2.4 5.0 5.0 4.9
Central Costs (4.9) (4.6) (3.9) (3.2) (4.1) (4.4)
Total 50.3 46.1 39.9 36.4 35.4 27.2
Continuing operations after exceptional items
Operating profit before exceptionals 50.3 46.1 39.9 36.4 35.4 27.2
Exceptional items (9.9) - (3.8) (2.3) (2.5) (4.1)
Group operating profit 40.4 46.1 36.1 34.1 32.9 23.1

Source: Foseco plc Annual Report 2007 and Five Year Summary (unaudited information) in the Foseco plc Annual Report 2006

 

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