Results of discontinued operations

3 Months Ended

Mar. 31, 2015

DiscontinuedOperationsAndDisposalGroupsAbstract

Results of discontinued operations Disclosure

7.Resultsof discontinued operations

Following the divestment of the Company's DERMAGRAFT business in January 2014, the operating results associated with the DERMAGRAFT business have been classified as discontinued operations in the consolidated statements of income for all periods presented. In the three months to March 31, 2015 the Company recorded a loss of $2.5 million, primarily relating to costs associated with the divestment. The components of discontinued operations which relate to the DERMAGRAFT business are as follows:

	3 months to	3 months to
	March 31,	March 31,
	2015	2014
	$’M	$’M
Revenues:	_______________	_______________
Product revenues	-	1.9
	_______________	_______________
Loss from discontinued operations before income taxes	(3.9)	(35.8)
Income taxes	1.4	13.1
	_______________	_______________
Loss from discontinued operations, net of taxes	(2.5)	(22.7)
	_______________	_______________