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Strategic Review


64 Finsbury Food Group Annual Report & Accounts 2018


Notes to the Consolidated Financial Statements


Corporate Governance


Financial Statements


2. Revenue and Segment Information (continued) An analysis by geographical segment is shown below:


Geographical split of revenue by destination


Continuing: United Kingdom Europe


Total continuing


Capital expenditure on segment assets is detailed in Note 2. Geographical split by country of origin


2018 Continuing revenue


Adjusted operating profit Unadjusted operating profit Total assets


Total liabilities Net assets


2018 £000


2017 £000


257,701 45,899


303,600


276,177 38,119


314,296


United Kingdom £000


Europe £000


Total £000


271,127 15,496 2,695


197,874 (95,748) 102,126


United Kingdom £000


2017 Continuing revenue


Adjusted operating profit Unadjusted operating profit Total assets


Total liabilities Net assets


32,473 2,348 2,542 7,231


(4,775) 2,456


Europe £000


303,600 17,844 5,237


205,105 (100,523) 104,582


Total £000


281,580 15,216 11,066


193,262 (89,762) 103,500


32,716 2,219 2,498 6,543


(5,041) 1,502


314,296 17,435 13,564


199,805 (94,803) 105,002


The net assets shown under Europe comprises Lightbody Stretz Ltd, being the 50% owned Parent Company of Lightbody Europe SAS, the French based selling and distribution business.


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