Segmental Reporting (Tables)

9 Months Ended

Sep. 30, 2013

The following table analyzes sales and other financial information by the Company’s reportable segments:


	Three Months Ended September 30						Nine Months Ended September 30
(in millions)	2013			2012			2013			2012
Net sales:
Fuel Specialties	$	137.4		$	127.0		$	403.6		$	372.2
Performance Chemicals		47.9			46.8			140.2			138.2
Octane Additives		7.5			9.6			33.4			52.3

	$	192.8		$	183.4		$	577.2		$	562.7


Gross profit:
Fuel Specialties	$	42.6		$	36.8		$	130.1		$	110.2
Performance Chemicals		11.1			10.4			32.9			33.6
Octane Additives		3.7			3.5			17.6			27.6

	$	57.4		$	50.7		$	180.6		$	171.4


Operating income:
Fuel Specialties	$	22.3		$	19.6		$	66.4		$	58.2
Performance Chemicals		5.6			5.6			17.1			18.8
Octane Additives		2.1			1.5			13.0			21.9
Pension credit/(charge)		(0.7	)		0.0			(2.1	)		0.2
Corporate costs		(9.4	)		(9.1	)		(29.4	)		(25.5	)
Restructuring charge		0.0			(0.1	)		0.0			(0.2	)
Impairment of Octane Additives segment goodwill		(0.4	)		(0.3	)		(1.0	)		(0.9	)
Profit on disposal		0.0			0.1			0.0			0.1

Total operating income	$	19.5		$	17.3		$	64.0		$	72.6

Summary of Segment Depreciation and Amortization

The following table presents a summary of the depreciation and amortization charges incurred by the Company’s reportable segments:


	Three Months Ended September 30				Nine Months Ended September 30
(in millions)	2013		2012		2013		2012
Depreciation:
Fuel Specialties	$	0.5	$	0.4	$	1.7	$	1.4
Performance Chemicals		0.9		0.6		2.6		1.8
Octane Additives		0.1		0.2		0.5		0.5
Corporate		0.6		0.4		1.7		1.2

	$	2.1	$	1.6	$	6.5	$	4.9


Amortization:
Fuel Specialties	$	1.6	$	0.6	$	4.8	$	1.6
Performance Chemicals		0.6		0.3		1.3		1.0
Octane Additives		0.2		0.2		0.5		0.5

	$	2.4	$	1.1	$	6.6	$	3.1

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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