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  Pearson Annual Report 2001    

Notes to the Accounts

   
 

2d. Analysis of capital employed





all figures in £ millions note 2001 2000
       
Business sectors      
Pearson Education   4,676 4,864
FT Group   427 542
The Penguin Group   521 569




Continuing operations   5,624 5,975




Discontinued operations   763 801




    6,387 6,776




Geographical location      
United Kingdom   382 379
Continental Europe   249 237
North America   4,810 5,217
Asia Pacific   99 39
Rest of world   84 103




Continuing operations   5,624 5,975




Discontinued operations   763 801




    6,387 6,776




Reconciliation of capital employed to net assets      
Capital employed   6,387 6,776
Less: deferred taxation 22 (5) (9)
Less: other provisions 23 (239) (257)
Less: net debt excluding finance leases 28 (2,379) (2,301)




Net assets   3,764 4,209




 
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