|
02
Segmental analysis |
NOTES TO
THE FINANCIAL STATEMENTS
| The principal activity of the Group is the
development and supply of software application products
and related services to the healthcare sector. All turnover
and profit is generated from this activity. |
| |
|
|
|
|
|
|
| Turnover by geographical market |
|
2005 |
|
|
2004 |
|
| |
|
£’000
|
|
|
£’000 |
|
| |
|
|
|
|
|
|
| United Kingdom and other EU states
|
|
245,322 |
|
|
134,563 |
|
| Asia Pacific |
|
16,670 |
|
|
14,697 |
|
| |
|
261,992 |
|
|
149,260 |
|
|
|
|
|
|
| |
Geographical
operations |
|
| |
United Kingdom
and other EU states |
|
Asia Pacific |
|
Rest of
World |
|
|
Total |
|
Total |
| |
2005 |
|
|
2004 |
|
|
2005 |
|
|
2004 |
|
|
2005 |
|
|
2004 |
|
|
2005 |
|
2004 |
| |
£’000 |
|
|
£’000 |
|
|
£’000 |
|
|
£’000 |
|
|
£’000 |
|
|
£’000 |
|
|
£’000 |
|
£’000 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total turnover |
247,377 |
|
|
135,320 |
|
|
17,817 |
|
|
14,697 |
|
|
11,466 |
|
|
2,845 |
|
|
276,660 |
|
152,862 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Internal turnover
|
(2,055) |
|
|
(757) |
|
|
(1,147) |
|
|
– |
|
|
(11,466) |
|
|
(2,845) |
|
|
(14,668) |
|
(3,602) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| External
turnover |
245,322 |
|
|
134,563 |
|
|
16,670 |
|
|
14,697 |
|
|
– |
|
|
– |
|
|
261,992 |
|
149,260 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit
before
goodwill amortisation
and exceptional items |
65,020 |
|
|
36,858 |
|
|
4,464 |
|
|
2,166 |
|
|
2,474 |
|
|
509 |
|
|
71,958 |
|
39,533 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Goodwill amortisation |
(24,939) |
|
|
(11,145) |
|
|
(218) |
|
|
(130) |
|
|
(64) |
|
|
(35) |
|
|
(25,221) |
|
(11,310) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exceptional items |
1,284 |
|
|
(7,911) |
|
|
– |
|
|
– |
|
|
– |
|
|
– |
|
|
1,284 |
|
(7,911) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Operating
profit |
41,365 |
|
|
17,802 |
|
|
4,246 |
|
|
2,036 |
|
|
2,410 |
|
|
474 |
|
|
48,021 |
|
20,312 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net assets |
461,842 |
|
|
442,948 |
|
|
12,688 |
|
|
7,795 |
|
|
3,962 |
|
|
1,456 |
|
|
478,492 |
|
452,199 |
|
|
| |
| |
Turnover, operating profit and net assets from acquisitions
are materially derived from Asia Pacific in the current year. |
|
| |
|
|
03
Operating
profit |
Net operating costs are analysed as follows:
| |
|
|
|
|
Continuing operations |
|
|
|
|
|
|
|
|
| |
|
|
Note |
|
|
Ongoing |
|
|
Acquisitions |
|
|
Total |
|
|
Total |
|
|
| |
|
|
|
|
|
2005 |
|
|
2005 |
|
|
2005 |
|
|
2004 |
|
|
| |
|
|
|
|
|
£’000 |
|
|
£’000 |
|
|
£’000 |
|
|
£’000 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Change in stocks
of finished goods |
|
|
|
(2,626) |
|
|
– |
|
|
(2,626) |
|
|
(280) |
|
|
| |
|
Other
external charges |
|
|
|
(48,366) |
|
|
– |
|
|
(48,366) |
|
|
(35,823) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Staff costs |
5 |
|
|
(91,309) |
|
|
– |
|
|
(91,309) |
|
|
(48,338) |
|
|
| |
|
Exceptional staff costs |
|
|
|
1,284 |
|
|
– |
|
|
1,284 |
|
|
(5,864) |
|
|
| |
|
Total staff costs |
5 |
|
|
(90,025) |
|
|
– |
|
|
(90,025) |
|
|
(54,202) |
|
|
| |
|
Depreciation of tangible fixed
assets |
12 |
|
|
(3,617) |
|
|
– |
|
|
(3,617) |
|
|
(1,994) |
|
|
| |
|
Goodwill amortisation |
11 |
|
|
(25,221) |
|
|
– |
|
|
(25,221) |
|
|
(11,310) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Other operating charges |
|
|
|
(43,962) |
|
|
(154) |
|
|
(44,116) |
|
|
(23,292) |
|
|
| |
|
Exceptional
other operating charges |
|
|
|
– |
|
|
– |
|
|
– |
|
|
(2,047) |
|
|
| |
|
Total other operating charges |
|
|
|
(43,962) |
|
|
(154) |
|
|
(44,116) |
|
|
(25,339) |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Total operating
costs |
|
|
|
(213,817) |
|
|
(154) |
|
|
(213,971)
|
|
|
(128,948) |
|
|
Exceptional income in 2005 comprises the crediting to profit and
loss account of redundancy provisions no longer required which
were created in 2004 for the costs of rationalising and reorganising
the Group following the merger with Torex. |
|
|
|
