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ICI » Topics » Developments in 2004

This excerpt taken from the ICI 20-F filed Apr 1, 2005.
Developments in 2004
During 2004, the Group sold 18.9% of the issued share capital of Pakistan PTA Limited by private placement. Gross proceeds from the disposal amounted to £26m.


 

ICI ANNUAL REPORT AND ACCOUNTS 2004

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24
   OPERATING AND FINANCIAL REVIEW

This excerpt taken from the ICI 6-K filed Mar 16, 2005.
Developments in 2004
During 2004, the Group sold 18.9% of the issued share capital of Pakistan PTA Limited by private placement. Gross proceeds from the disposal amounted to £26m.


 

ICI ANNUAL REPORT AND ACCOUNTS 2004

Back to Contents

20    OPERATING AND FINANCIAL REVIEW  

 

  In a much better external environment,
the Group’s financial performance improved
significantly in 2004.
Tim Scott Chief Financial Officer    

 

   Operating and financial review

 

   Group operating performance

In the following review, references to “comparable” performance exclude the effect of currency translation differences and the impact of acquisitions and divestments. References to “as reported” performance include the effects of currency translation, acquisitions and divestments. Reconciliations between “comparable” and “as reported” performance and between operating profit and trading profit can be found on pages 27 and 28. A more detailed explanation of “comparable” performance appears on page 130.

EXCERPTS ON THIS PAGE:

20-F
Apr 1, 2005
6-K
Mar 16, 2005

RELATED TOPICS for ICI:

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