Chemring Group PLC |Annual Report and Accounts 2012

67
A segmental analysis of revenue and operating profit is set out below:
Business segments
Revenue
Counter-IED 205.3 167.6
Countermeasures 184.1 200.8
Pyrotechnics 123.0 118.7
Munitions 227.9 237.0
Revenue from continuing operations 740.3 724.1
Revenue from discontinued operations
Pyrotechnics 15.1 21.2
Total revenue 755.4 745.3
Operating profit
Counter-IED 43.9 31.9
Countermeasures 18.3 46.7
Pyrotechnics 12.3 26.4
Munitions 24.3 40.8
Unallocated corporate costs (10.5) (10.0)
2012
£m
2012
£m
2011
£m
2011
£m
Business review Corporate governance Financial statements Other information
Underlying operating profit from continuing operations 88.3 135.8
Underlying operating profit from discontinued operations
Pyrotechnics 3.1 6.0
Total underlying operating profit 91.4 141.8
Acquisition and disposal related costs (see note 32) (8.2) (5.7)
Restructuring and incident costs (11.9) (7.2)
Profit on disposal of business (see note 33) 10.3 -
Impairment of goodwill (see note 13) (22.5) -
Intangible amortisation arising from business combinations (see note 14) (20.9) (24.3)
Gain on fair value movements on derivatives (see note 24) 1.9 2.4
Non-underlying items (see note 6) (51.3) (34.8)
Operating profit from continuing operations (see note 6) 37.0 101.0
Share of post-tax results of associate 0.1 0.1
Finance income 0.1 0.1
Finance expense (18.4) (15.8)
Profit before tax from continuing operations 18.8 85.4
Tax (5.6) (15.4)
Profit after tax from continuing operations 13.2 70.0
Profit after tax from discontinued operations 2.1 3.9
Profit after tax for the year 15.3 73.9
Chemring Group PLC Report and Accounts 2012