Ardagh Glass Finance plc - Irish Stock Exchange

BASIS OF PREPARATION
The unaudited consolidated interim financial information has been prepared in accordance with
the accounting policies of the non-statutory consolidated financial statements of Ardagh Glass Holdings
Limited as set out on pages F-9 to F-19. The accounting policies and methods of computations and
presentations adopted in the preparation of the financial information are consistent with those applied
in the non-statutory consolidated financial statements of Ardagh Glass Holdings Limited for the
financial year ended 31 December 2008 as described in those financial statements. This unaudited
consolidated interim financial information is not required to be prepared in accordance with
International Accounting Standard IAS 34—‘‘Interim Financial Information’’, and consequently has not
been prepared in accordance with IAS 34.
This unaudited consolidated financial information does not represent statutory accounts within the
meaning of Section 19 of the Companies (Amendment Act), 1986. Statutory accounts for Ardagh Glass
Holdings Limited for the year ended 31st December 2008, upon which the auditors have given an
unqualified audit report, have been filed with the Registrar of Companies.
Ardagh Glass Holdings Limited was incorporated and registered in the Republic of Ireland as a
private company on 5 August 2005. Its’ immediate parent is Ardagh Glass Group Holdings Limited.
The ultimate parent company is Ardagh Glass Group plc.
Adjustment to previously reported nine month results
Net finance expense for the nine months ended September 30, 2009 includes an expense of
A5.3 million. As part of the pay down of the Anglo Senior Secured Facility arising from the issuance of
the 2009 Senior Secured notes, a portion of the Group’s interest rate swaps were no longer classified as
hedging instruments. IFRS requires that any previous cumulative mark-to-market adjustments to the
fair value of this derivative be removed from equity and charged directly to the Income Statement with
no net impact on shareholder funds. This reclassification was not shown in the nine month results
presented to Bondholders on November 17, 2009.
Principal activities
The Company was formed as a holding company for the Groups’ glass container manufacturing
and engineering businesses. It is the Parent Guarantor for A175,000,000 8 7 ⁄8% Senior Notes due 2013
issued by Ardagh Glass Finance B.V., the 7.125% Senior Notes due 2017 and the 9.250% First Priority
Senior Secured Notes due 2016 both issued by Ardagh Glass Finance plc.
The Company’s Registered Office is:
4 Richview Office Park
Clonskeagh
Dublin 14
Ireland
This unaudited consolidated interim financial information has been approved for issue by the
Board of Directors on 11 January 2010 after the reclassification of the derivatives not recognised as
hedging instruments.
F-115