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Notes to Financial Statements

  Sales Profit before interest Profit after tax and
minority interests
3. DISCONTINUED ACTIVITIES
   AND EXCEPTIONAL ITEMS
1997
US$m
1996
US$m
1997
US$m
1996
US$m
1997
US$m
1996
US$m
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Discontinued activities:
  • Trading results*
  •    Mannings, Taiwan 33.1 40.9 (8.0) (8.1) (9.6) (9.2)
       Simago, Spain 433.6 503.9 3.2 0.5 (0.5) (5.4)
       Wellsave, Japan 52.8 32.8 (14.6) (13.2) (8.9) (8.0)
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    519.5 577.6 (19.4) (20.8) (19.0) (22.6)
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       Nestlé Dairy Farm (6.0) (8.0) (6.0) (8.0)
  • Profit on sale Nestlé Dairy Farm
  • 24.6 - 24.6 -
  • Closure costs
  •    Mannings, Taiwan (14.3) - (13.9) -
       Wellsave, Japan (40.2) - (24.1) -
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    (55.3) (28.8) (38.4) (30.6)
    Repositioning provisions in Franklins and Kwik Save - (77.5) - (74.8)
    Deficits on revaluation of properties - (5.0) - (5.0)
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    (55.3) (111.3) (38.4) (110.4)
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    * Prior year comparative figures have been restated to conform with current year's presentation.

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