Melrose Results Presentation Deck slide image

Melrose Results Presentation Deck

Reconciliation between statutory and adjusted ¹ results 1 Melrose Continuing operations £m Statutory operating loss Amortisation of intangible assets acquired in business combinations Restructuring costs Equity settled compensation scheme charges Exchange movements not hedge accounted Net release of fair value items Adjustments to statutory operating loss Adjusted¹ operating profit Statutory results ▪ The IFRS measure of results includes certain items which are significant in size or volatility or by nature are non-trading or non-recurring, or are items released to the Income Statement that were previously a fair value item booked on an acquisition Adjusted¹ results ▪ The Melrose Board considers the adjusted results to be an important measure to monitor how the businesses are performing because they achieve consistency and comparability when all businesses are held for the complete reporting periods Restructuring costs £m Engines Structures. Corporate Total 1. Described in the glossary to the 2023 Interim Financial Statements and considered by the Board to be a key measure of performance Total (18) 131 49 26 (28) (1) 177 159 Income Statement charge 12 36 1 49 Cash spent H1 2023 53 53 Cash spent in H1 2023 12 40 1 53 28
View entire presentation