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Imperial Chemical Industries (ICI)
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ICI » Topics » Revenue

This excerpt taken from the ICI 6-K filed Mar 21, 2007.
Revenue
Revenue represents the fair value of consideration received or receivable for goods supplied to customers, excluding intergroup income and after deducting sales allowances, rebates and value added taxes. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the customer, the revenue and costs incurred in respect of the transaction can be measured reliably and collectability is reasonably assured.

Revenue includes the Group share of the revenue of joint ventures, net of the Group share of any sales to the joint ventures already included in the Group figures, but does not include the Group’s share of the revenue of associates.

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

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  
 
 
 

EXCERPTS ON THIS PAGE:

6-K
Mar 21, 2007
20-F
Mar 31, 2006

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