Asos Results Presentation Deck
HY22 RESULTS - ADJUSTING ITEMS
Adjusting items for the half total £30.6m, including a one-off, non-cash
impairment charge relating to Leavesden of £18.3m
Reported loss before tax
ASOS Reimagined
Main Market transition
Leavesden impairment
Employee and other cost provision release
Amortisation of acquired intangibles
Total adjusting items
Adjusted profit before tax
Leavesden
?
One-off, non-cash
impairment charge relating
to the right-of-use assets
and associated fixtures
and fittings
All sources: ASOS internal operational records
H1 impact £m
(15.8)
7.9
5.5
18.3
(6.4)
5.3
30.6
14.8
Required under IAS36 as
a result of vacating and
subletting part of the
building to third parties
H2 expected
impact £m
10-15
c. 6
c. 16-21
P&L and cash flow positive
over lease term, due to rental
income and reduced
depreciation relating to
remaining right-of-use assets
AB
SA
15
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