Admission Document - BrainJuicer

Notes to the financial information
1 Basis of preparation
The interim financial information has been prepared on the same basis and using the same accounting
policies as used in the audited financial statements for the year ended 31 December 2005.
The BrainJuicer UK Group has expenditure which has been capitalised as fixed assets in the period and has
been depreciated accordingly.
2 Segmental reporting
Turnover is attributable to market research and is split between the UK and overseas as follows:
6 months 6 months
ended ended
30 June 30 June
2005 2006
£’000 £’000
United Kingdom 944 1,220
Overseas 424 629
––––––––– –––––––––
1,368 1,849
––––––––– –––––––––
3 Tax on (loss)/profit on ordinary activities
The tax charge for the period is £50,000 (2005: £nil). The tax charge is based on the (loss)/profit for the
period and represents:
6 months 6 months
ended ended
30 June 30 June
2005 2006
£’000 £’000
(Loss)/profit before taxation (44) 126
Expected corporation tax on (loss)/profit at 30% (2005: 30%) (13) 38
Effects of:
Expenses not deductible for tax purposes 9 20
Difference between depreciation and capital allowances 2 (5)
Creation of tax losses 2 –
Difference between UK and overseas tax rates – (4)
Prior year adjustment in respect of R&D tax credit – 1
––––––––– –––––––––
Current tax charge for the period – 50
––––––––– –––––––––
4 Dividends
No dividends have been declared in respect of the period ended 30 June 2006 (2005: nil).
47