RWS AR 23 Final Single pages - Flipbook - Page 123
Segment results for the year ended 30
September 2023
Unallocated
Costs
£m
Group
£m
329.8
-
733.8
39.4
(3.2)
123.8
(14.4)
-
(38.8)
-
-
(62.4)
-
(5.1)
(5.1)
(6.3)
(22.6)
L&CT
£m
IP Services
£m
Regulated
Industries
£m
Language
Services
£m
136.7
104.8
162.5
37.0
27.7
22.9
Amortisation of acquired intangibles
(12.0)
(0.1)
(12.3)
Impairment losses (see Note 12)
(62.4)
-
-
-
-
-
(3.3)
(6.0)
(1.3)
(5.7)
Revenue from contracts with customers
Operating pro昀椀t/(loss) before charging:
Acquisition costs
Exceptional items (see Note 6)
Share based payment expense
(0.2)
-
(0.2)
(0.5)
(0.9)
(1.8)
(Loss)/ pro昀椀t from operations
(40.9)
21.6
9.1
18.8
(15.5)
(6.9)
Net 昀椀nance expense
(4.0)
Loss before taxation
Taxation
(10.9)
(16.8)
Loss for the year
(27.7)
Segment results for the year ended 30
September 2022
Revenue from contracts with customers
L&CT
£m
IP Services
£m
Regulated
Industries
£m
Language
Services
£m
Unallocated
Costs
£m
Group
£m
126.9
107.2
173.0
342.1
-
749.2
Operating pro昀椀t/(loss) before charging:
37.6
30.1
31.6
53.3
(14.1)
138.5
Amortisation of acquired intangibles
(8.0)
(0.2)
(12.4)
(13.8)
-
(34.4)
-
-
-
-
(2.1)
(2.1)
(3.0)
(0.5)
(2.3)
(3.9)
(2.8)
(12.5)
Acquisition costs
Exceptional items (see Note 6)
Share based payment expense
(1.8)
(0.2)
(0.3)
(0.4)
(0.5)
(3.2)
Pro昀椀t from operations
24.8
29.2
16.6
35.2
(19.5)
86.3
Net 昀椀nance expense
(3.1)
Pro昀椀t before taxation
83.2
Taxation
(20.5)
Pro昀椀t for the year
62.7
The table below shows revenue by the geographic market in which clients are located.
Revenue by client location
2023
£m
2022
£m
UK
81.7
85.9
Continental Europe
167.8
178.2
United States of America
393.2
390.2
91.1
94.9
733.8
749.2
Rest of the World
Total
The Group does not place reliance on any speci昀椀c customer and has no individual customers that generate more than
10% or more of its total Group revenue.
NOTES TO THE CONSOLIDATED STATEMENTS
RWS Holdings plc — Annual Report 2023
123