Guinness Peat Group plc Annual Report 2011 (pdf version)

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Guinness Peat Group plc Annual Report 2011 (pdf version)

32ANNUAL REPORT 2011Notes to Financial Statements – continued2. Segmental Analysis – continuedOPERATING SEGMENTS – continuedThread Fruit/produceNon-operatingInvestment manufacture distribution Unallocated (see note (i)) Total2010 – continued £m £m £m £m £m £md) Other disclosuresTangible fixed assets – additions – 25 7 – – 32Intangible assets – additions – 2 1 – – 3Depreciation charge – (32) (7) (2) – (41)Amortisation charge – (6) (1) – – (7)Investment impairment write-back 4 – – – – 4The accounting policies of the reportable operating segments are the same as the Group’s accounting policies described innote 1. Profit/(loss) after tax is the measure reported to the GPG directors for the purpose of resource allocation and assessmentof segment performance.GEOGRAPHIC SEGMENTS2011 2010Non-currentNon-currentExternal revenue assets External revenue* assets**By origin By destination (see note (iii)) By origin By destination (see note (iii))£m £m £m £m £m £mUnited Kingdom 19 23 154 17 20 163Europe– Germany 66 42 14 66 42 16– Rest of Europe 195 212 50 154 170 53North America– USA 157 154 24 151 150 25– Rest of North America 12 16 – 30 34 6Asia & Rest of world– New Zealand 2 2 79 2 2 213– Brazil 117 117 34 115 114 31– India 114 108 30 106 102 36– China 99 96 38 101 100 40– Australia 82 81 207 46 45 228– Other 278 290 90 278 287 89Total 1,141 1,141 720 1,066 1,066 900Notes:(i) Non-operating items comprise:Profit on disposal of non-current investments and investment impairment provisions – in operating subsidiaries, which are not considered tobe financial operations;Interest receivable – in operating subsidiaries, which are not considered to be financial operations;Assets – cash and cash equivalents, derivatives and investments held by operating subsidiaries, which are not considered to be financialoperations, plus taxation assets and non-current assets classified as held for sale; andLiabilities – borrowings, taxation liabilities and liabilities directly associated with non-current assets classified as held for sale.(ii) Other revenue includes profit on disposal of non-current investments (note 4).(iii) Non-current assets exclude financial instruments, deferred tax, pension assets, rights under insurance contracts and non-current assets heldfor sale.(iv) Non-operating assets and liabilities include those associated with operations classified as held for sale (see note 37), including Turners &Growers Ltd which previously comprised the fruit/produce distribution segment.*Restated to reflect Turners & Growers Ltd as a discontinued operation.**2010 analysis restated from that presented in the notes to the 2010 financial statements.

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