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ICI » Topics » Notes to selected consolidated historical financial information

This excerpt taken from the ICI 20-F filed Mar 31, 2006.

Notes to selected consolidated historical financial information

(1) International Businesses

ICI management refers to National Starch, Quest, Uniqema and Paints collectively as “International Businesses”. The use of this term is a non-GAAP measure. A detailed explanation of management’s reasons for finding this non-GAAP financial measure to be useful is provided in the Basis of Presentation section of Item 5 “Operating and Financial Review and Prospects” under the heading “International Businesses” on page 14 of this Annual Report on Form 20-F.

Analyses of revenue and operating profit before special items for the International Businesses and a reconciliation of this sub-total to the respective totals for the Group are shown in the tables below.

Revenue

  Year ended  
  December 31,  
 
 
  2005   2004  
 
 
 
  £m   £m  
         
Continuing operations     
   National Starch  1,871   1,878  
   Quest  560   584  
   Uniqema  631   629  
   Paints  2,331   2,161  
 
 
 
   International Businesses  5,393   5,252  
   Regional and Industrial  428   375  
 
 
 
   Total reporting segments  5,821   5,627  
   Corporate and other  3   3  
 
 
 
  5,824   5,630  
Inter-segment revenue  (12 )  (21 ) 
 
 
 
Total Group  5,812   5,609  
 
 
 

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