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
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