|
1997 |
1996 |
All
figures in £ million |
|
|
Continuing
operations: |
|
|
Provision
against goodwill on sale of Mindscape Inc. (see below) |
(212.0) |
- |
Profit on sale of Churchill
Livingstone (see note 24) |
30.4 |
- |
Profit on sale of Troll Communications
LLC (see note 11) |
12.5 |
- |
Net loss on other businesses
(see note 24) |
(9.7) |
(1.9) |
Loss
on sale of business and associate |
(1.5) |
- |
|
|
|
|
(180.3) |
(1.9) |
|
|
|
Discontinued
operations: |
|
|
Profit on sale of Westminster
Press (see note 24) |
- |
231.3 |
|
|
|
Note: On 6 March 1998 Pearson entered into an agreement to sell Mindscape
Inc. (see note 31). As a result of this agreement
a provision of £212m has been recorded against the goodwill that arose
on the acquisition of Mindscape Inc. to reflect its net realisable value.