NATS-Annual-Report-2015

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Annual Report and Accounts 2015 | NATS Holdings Limited Financial Statements 104 Notes forming part of the consolidated accounts (continued) 5. Business and geographical segments (continued) Operating profit Service line contribution represents the revenue and costs which are directly attributed to a service line. A reconciliation of service line contribution to operating profit is provided below: 2015 2014 £m £m NATS Airspace 380.2 391.6 NATS Airports 62.1 57.3 NATS Engineering 4.8 2.2 Other NATS Service lines 4.3 4.8 Service line contribution 451.4 455.9 Costs not directly attributed to service lines: Depreciation and amortisation (net of deferred grants released) (109.5) (107.0) Impairment of goodwill (17.0) (32.0) (Loss)/profit on disposal of non-current assets (0.2) 4.2 Pension accrual rate variances to budget - (20.7) Employee share scheme costs - (4.4) Redundancy and relocation costs (10.8) (41.3) Cost of investment in business growth (6.2) (6.2) Professional fees and costs (0.1) - Consolidation adjustments (0.6) (0.9) Other costs not directly attributed to service lines (80.2) (80.4) Above the line tax credits 0.8 0.5 Less: share of results of associates and joint ventures (1.0) (0.2) Operating profit 226.6 167.5 The performances of NATS Airspace, NATS Airports and NATS Engineering include the group share of the results of European Satellite Services Provider SAS, FerroNATS Air Traffic Services SA and Aquila Air Traffic Management Services Limited respectively (see note 30). Other costs not directly attributed to service lines include corporate costs providing central support functions. Non-current assets additions The group reports additions to non-current assets by legal entity rather than by operating segment. Additions in NERL were £152.3m (2014: £125.6m) and in NATS Services £1.2m (2014: £4.1m). Financial Statements
Annual Report and Accounts 2015 | NATS Holdings Limited Financial Statements 105 Notes forming part of the consolidated accounts (continued) 5. Business and geographical segments (continued) Geographical segments The following table provides an analysis of the group’s revenue by geographical area based on the geographical location of its customers, and non-current assets (excluding goodwill and financial assets) by geographical location: Revenue from external customers Non-current assets 2015 2014 2015 2014 £m £m £m £m UK 492.6 486.1 979.3 934.2 Rest of Europe 261.2 260.7 1.7 2.2 North America 112.6 115.8 0.9 0.9 Other 56.0 55.0 - - 922.4 917.6 981.9 937.3 Information about major customers Included in revenues arising from NATS Airspace are revenues of £81.2m (2014: £83.0m – NATS Airspace) which arose from the group’s largest customer. Financial Statements
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