10 Mar 2014 16:08
GUINNESS PEAT GROUP plc("GPG" or "the Company")
CORRECTION TO PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 2013
GPG announces that it has identified the following errors in its Preliminary Announcement of Results for the year ended 31 December 2013 released on 25 February 2014 (the "Preliminary Results").
1. Earnings per share
The earnings per ordinary share from continuing and discontinued operations in the Preliminary Results was shown as 1.57p, whereas the correct figure was 1.62p. Similarly the loss per ordinary share from continuing operations was reported as 1.53p, whereas the correct figure was 1.58p.
2. Impact of the adoption of IAS19 (revised) 'Employee Benefits'
In note 1 to the GPG Financial Information incorrect data were used in the table showing the impact of IAS19 (revised) on the 2013 unaudited results. The correct data are set out below:
Correct Data | As Reported | ||
Year to | Year to | ||
31 December | 31 December | ||
2013 | 2013 | ||
Increase in operating expenses re administration costs | (6) | (4) | |
Increase in finance costs | (29) | (24) | |
Decrease in tax charge | 1 | 1 | |
Increase in net actuarial gains/decrease in net actuarial losses in other comprehensive income |
34 |
27 |
Chris HealyCompany SecretaryGuinness Peat Group plc
Tel: +44 20 7663 3992
10 March 2014
Enquiry details are:
New Zealand and Australian media: Geoff Senescall on: +64 9 309 5659
UK media: Kevin Smith on: +44 20 7282 1054
Coats (COA)