Notes

During the six months to 30 June 1997, the Group closed its New Zealand subsidiary. As a result, closure costs of £400,000 were charged to the profit and loss account. Acorn products continue to be sold to the New Zealand market through a local distributor.
The calculation of earnings/(loss) per ordinary share is based on the profit/(loss) on ordinary activities after taxation and the weighted average number of shares in issue during the period.
The figures for the year ended 31 December 1997 are abridged from the accounts of Acorn Group plc and do not comprise full statutory accounts within the meaning of Section 240 of the Companies Act 1985. Full accounts of that year, which received an unqualified report, have been filed with the Registrar of Companies.