REUTERS GROUP PLC ANNUAL REPORT AND ACCOUNTS 1999

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Notes on the consolidated balance sheet13. Segmental analysisThe tables below show total assets and non-interest bearing net assets by division and by location on a basis consistent with the segmental analysis of profit in note1. For the reasons discussed in that note, the assets in any location are not matched with the revenue earned in that location.NON-INTEREST BEARINGTOTAL ASSETSNET ASSETS1999 1998 1997 1999 1998 1997By division £M £M £M £M £M £MReuters Information 613 680 532 276 298 169Reuters Trading Systems 313 360 316 154 202 176Instinet 656 368 461 214 92 314Reuters Ventures 162 86 74 110 28 19TIBCO Software Inc. – 24 21 – 16 8Central 908 1,187 1,509 (194) (241) (291)Total assets/non-interest bearing net assets 2,652 2,705 2,913 560 395 395Interest bearing net assets/(liabilities) 41 (6) 1,284601 389 1,679TOTAL ASSETSNON-INTEREST BEARINGNET ASSETS1999 1998 1997 1999 1998 1997By location £M £M £M £M £M £MEurope, Middle East and Africa 1,419 710 727 503 242 322Asia/Pacific 194 241 242 66 96 101The Americas 530 754 633 196 127 152Central 509 1,000 1,311 (205) (70) (180)Total assets/non-interest bearing net assets 2,652 2,705 2,913 560 395 395Fixed assets 1,205 1,098 1,046Current assets 1,447 1,607 1,8672,652 2,705 2,913Central total assets by division consist principally of all cash and short-term investments plus interests in own shares, joint ventures and associates. Central totalassets by location consist principally of those assets held by head office operations together with unamortised goodwill.14. Intangible assets: GoodwillNET BOOKCOST AMORTISATION AMOUNT£M £M £M31 December 1998 526 (322) 204Additions (see note 32) 31 – 31Charged in year – (47) (47)Reclassification (18) 7 (11)31 December 1999 539 (362) 177The reclassification comprises goodwill of TIBCO Software Inc. which became an associated undertaking in July 1999 (see note 16).58 Reuters Group PLC Annual Report 1999
15. Tangible assetsOFFICECOMPUTER EQUIPMENTFREEHOLD LEASEHOLD SYSTEMS AND MOTORPROPERTY PROPERTY EQUIPMENT VEHICLES TOTAL£M £M £M £M £MCost31 December 1998 181 142 1,698 227 2,248Translation differences – 1 4 – 5Additions 23 19 168 34 244Owned by subsidiaries acquired – – – 1 1Disposals (6) (6) (190) (20) (222)31 December 1999 198 156 1,680 242 2,276Depreciation31 December 1998 66 68 1,184 151 1,469Translation differences – – 3 – 3Charged in the year 3 15 257 35 310On disposals (6) (2) (179) (17) (204)31 December 1999 63 81 1,265 169 1,578Net book amount31 December 1999 135 75 415 73 69831 December 1998 115 74 514 76 7791999 1998 1997Net book amount of leasehold property £M £M £MLong-term leaseholds 14 14 16Short-term leaseholds 61 60 53Capital commitments75 74 69Contracted for 15 35 47Reuters Group PLC Annual Report 1999 59
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REUTERS GROUP PLC ANNUAL REPORT AND
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2 Financial highlights3 Five year s
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From the Chairman.Theus now is Inte
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Reuters, wherChief Executive Peter
Page 10 and 11: Peter Job talks about theprojection
Page 12 and 13: TO FIND OUT MORE VISITwww.reuters.c
Page 18 and 19: Board of Directors1 2 34 567 8Non-e
Page 20: Financial Review and Statements Con
Page 23 and 24: the world. In 1999, television, tex
Page 25 and 26: appointments of non-executive direc
Page 27 and 28: EXECUTIVE DIRECTORS’ SERVICECONTR
Page 29 and 30: The table below shows the number of
Page 31 and 32: Vested options on Reuters Group PLC
Page 33 and 34: Statement of directors’ responsib
Page 35 and 36: Operating and financial reviewThe f
Page 37 and 38: growth of 6% at comparable rates. I
Page 39 and 40: OtherYear to 31 December£m 1999 19
Page 41 and 42: ownership trust compared with £7 m
Page 43 and 44: market value of the Greenhouse Fund
Page 45 and 46: through internet-based infrastructu
Page 47 and 48: Notes on the consolidated profit an
Page 49 and 50: 2. Operating costs1999 % 1998 % 199
Page 51 and 52: 4. Taxation on profit on ordinary a
Page 53 and 54: Consolidated cash flow statement fo
Page 55 and 56: 11. Analysis of net fundsBANK/OTHER
Page 57 and 58: 12. Derivatives and other financial
Page 59: Reconciliation of movements in shar
Page 63 and 64: 17. Stocks1999 1998 1997£M £M £M
Page 65 and 66: 23. Pensions and similar obligation
Page 67 and 68: 26. Capital and reservesPROFIT ANDC
Page 69 and 70: 29. Employee share option plansReut
Page 71 and 72: 32. Acquisitions and disposalsDurin
Page 73 and 74: Balance sheet of Reuters Group PLC
Page 75 and 76: Accounting policiesAccounting basis
Page 77 and 78: Summary of differences between UK a
Page 79 and 80: 38. Adjustments to shareholders’
Page 81 and 82: Other information for shareholdersI
Page 83 and 84: Financial diary for 2000Tuesday 8 F
Page 85 and 86: 1999 1998H1 H2 FY H1 H2 FYCosts £M
Page 87 and 88: 1999 1998Net assets £M £MReuters
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Page 91: Where to find usCorporate headquart
Page 94: www.reuters.com/ REUTERS GROUP PLC
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REUTERS GROUP PLC ANNUAL REPORT AND ACCOUNTS 1999

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