RWS Annual Report 2022 web - Flipbook - Page 119
Segment results for the year ended 30
September 2022
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 profit/(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)
Revenue from contracts with customers
Acquisition costs
Exceptional items (see note 6)
Share-based payment expense
(1.8)
(0.2)
(0.3)
(0.4)
(0.5)
(3.2)
Profit from operations
24.8
29.2
16.6
35.2
(19.5)
86.3
Net finance expense
(3.1)
Profit before taxation
83.2
Taxation
(20.5)
Profit for the year
62.7
Segment results for the year ended 30
September 2021
L&CT1
£m
IP Services
£m
Regulated
Industries
£m
Language
Services1
£m
Revenue from contracts with customers
Unallocated
Costs
£m
Group
£m
108.1
113.6
163.1
309.7
-
694.5
Operating profit/(loss) before charging:
25.9
32.3
28.4
44.1
(12.2)
118.5
Amortisation of acquired intangibles
(7.4)
(0.1)
(14.5)
(12.4)
-
(34.4)
0.0
0.0
0.0
0.0
(11.2)
(11.2)
Exceptional items (see note 6)
0.0
(5.0)
(0.2)
(1.6)
(7.3)
(14.1)
Share-based payment expense
(0.8)
(0.2)
(0.1)
(0.2)
(0.1)
(1.4)
Profit/(loss) from operations
17.7
27.0
13.6
29.9
(30.8)
57.4
Acquisition costs
Net finance expense
(2.4)
Profit before taxation
55.0
Taxation
(13.8)
Profit for the year
1Webdunia
41.2
was previously included in Language Services and is now part of L&CT. This comparative table has been restated to reflect this change.
The table below shows revenue by the geographic market in which clients are located.
Revenue by client location
2022
£m
2021
£m
UK
85.9
77.3
Continental Europe
178.2
213.8
United States of America
390.2
322.9
94.9
80.5
749.2
694.5
Rest of the world
Total
The Group does not place reliance on any specific customer and has no individual customers that generate more than
10% or more of its total Group revenue.
NOTES TO THE CONSOLIDATED STATEMENTS
RWS — Annual Report 2022
119
