1 Management sales and trading pro t aggregate the sales and trading pro t of subsidiaries (excluding certain subsidiary businesses sold and closed) with the Group’s share of the sales and trading pro t of equity accounted investments. Management pro t before tax is management trading pro t less net subsidiary interest payable and receivable and the Group’s share of net interest payable and receivable and taxation of equity accounted investments. Management earnings includes subsidiary tax related to subsidiary management pro t before tax less other non-controlling interests. 2 As restated for the impact of IAS 19 (revised) and for the impact of the changes to the acquisition balance sheet related to the purchase of Volvo Aerospace on 1 October 2012.
GKN plc Annual Report and Accounts