Reigniting growth - Annual Report and Accounts 2024

Financial Statements

Strategic Report

Governance Report

Other Information

3. Segmental information continued

UK Investment Management £’000

Group and consolidation adjustments £’000

International £’000

Total £’000

Year ended 30 June 2024

Statutory operating costs included the following: – Amortisation

4,296 2,175 1,709

941 809 516

2,214

7,451 2,995 2,831

11

– Depreciation – Interest income

606

UK Investment Management £’000

Group and consolidation adjustments £’000

International £’000

Total £’000

Year ended 30 June 2023

Total revenue

109,737

20,319

– – –

130,056

Inter-segment revenue

(6,279)

(6,279)

External revenue

103,458 (47,405) 56,053 (22,127)

20,319 (13,576)

123,777 (94,354)

Underlying administrative costs

(33,373) (33,373)

Operating contribution

6,743

29,423

Allocated costs Net finance costs

(6,844)

28,971

590

226 125

88

904

Underlying profit/(loss) before tax

34,516

(4,314)

30,327

Amortisation of client relationships Dual running costs of operating platforms Acquisition and integration-related costs

(3,205) (1,424)

(2,465)

– –

(5,670) (1,616)

(192)

(499)

– –

(69) (173) (54)

(568) (173)

Changes in fair value of deferred contingent consideration Finance cost of deferred contingent consideration

– –

(7)

(61)

Profit/(loss) mark-up on Group allocated costs

299

(299)

Total underlying adjustments

(4,829)

(2,963)

(296)

(8,088)

Profit/(loss) before tax

29,687

(2,838)

(4,610)

22,239 (4,090)

Taxation

Profit for the year attributable to equity holders of the Company

18,149

Brooks Macdonald Group plc Annual Report and Accounts 2024

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