Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
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Notes to the accounts<br />
Operating Operating<br />
Turnover profit .tsets<br />
Opcratint<br />
Turnover profit<br />
Operating Averare<br />
assets enployees<br />
<br />
<br />
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<br />
<br />
<br />
<br />
Principal businesses 4'281.6<br />
Other businesses 47.4<br />
Corporate<br />
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Continuing operations <br />
Discontinued operations <br />
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Operating exceptional items<br />
Operating profrt<br />
<br />
<br />
By orlgin:<br />
United Kingdom<br />
Rest ofEurope<br />
North America<br />
Asia-Pacific<br />
Other<br />
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Operatingexceptionalitems (126.91<br />
Operating profrt<br />
By destlnation:<br />
United Kingdom<br />
Rest ofEurope<br />
North America<br />
Asia-Pacific<br />
Other<br />
<br />
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Operating exceptional items arise by business and origin as follows:<br />
By class of businessr <strong>EMI</strong> Music €ll.2m; THORN f113.9m; HMV !1.8m.<br />
By origin: United Kingdom i115.7m; Rest of Europe f4.5m; North America f 1.5m;<br />
Asia-Pacifrc i5.2m.<br />
The reconciliation of operating assets to net assets is as follows:<br />
Operating assets<br />
Tax, dividends and net interest payable<br />
<br />
<br />
Capital employed<br />
<br />
Net borrowings<br />
<br />
<br />
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Net assets
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