Vodafone 2000 Annual Report Download - page 63

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Vodafone AirTouch Plc Annual Report & Accounts for the year ended 31 March 2000 61
Unaudited Pro Forma Financial Information continued
Pro forma segmental analysis
Pro forma turnover and pro forma total Group operating profit by geographical region is set out below. Pro forma total Group operating profit is stated
after the inclusion of the Group’s share of operating profit, before goodwill and exceptional items, of joint ventures and associated undertakings.
2000 1999
£m £m
Group turnover
Europe, Middle East & Africa 2,030 1,617
United Kingdom 2,901 2,088
United States & Asia Pacific 3,956 3,313
–––––––– ––––––––
8,887 7,018
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Total Group operating profit (before goodwill and exceptional items)
Europe, Middle East & Africa 1,321 983
United Kingdom 706 644
United States & Asia Pacific 915 633
–––––––– ––––––––
2,942 2,260
Amortisation of goodwill (2,275) (2,258)
Exceptional reorganisation costs (30) –
–––––––– ––––––––
637 2
–––––––– ––––––––
Profit on ordinary activities before taxation, goodwill and exceptional items:
Total Group operating profit (before goodwill and exceptional reorganisation costs) 2,942 2,260
Net interest payable (before exceptional finance costs) (468) (460)
–––––––– ––––––––
2,474 1,800
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Exceptional reorganisation costs are in respect of the merger with AirTouch and have been incurred in the United States. Exceptional finance costs of
£17m have been incurred in restructuring the Group’s borrowing facilities as a result of the acquisition of Mannesmann.
Pro forma earnings per share
2000 1999
£m £m
Earnings/(loss) for the financial year for basic earnings/(loss) per share 104 (1,106)
Amortisation of goodwill 2,275 2,258
Exceptional reorganisation costs, net of attributable taxation 19 –
Disposals of fixed asset investments, net of attributable taxation (975) (98)
Exceptional finance costs, net of attributable taxation 12 –
–––––––– ––––––––
Earnings for adjusted basic earnings per share 1,435 1,054
–––––––– ––––––––
Weighted average number of shares (millions):
Basic and adjusted 30,908 30,381
–––––––– ––––––––