Change in presentational currency

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	Half year 2014 $'000	Full year 2013 $'000
Continuing operations
Revenue	193,058	332,936
Operating expenses	(185,262)	(317,080)

Operating profit before exceptional items	8,816	16,253
Exceptional items	(1,020)	(397)
Operating profit	7,796	15,856

Finance income	83	88
Finance costs	-	(27)
Net pension finance charge	(591)	(1,445)
Net finance cost	(508)	(1,384)
Profit before tax	7,288	14,472
Taxation	(2,113)	(3,857)
Profit for the period from continuing operations	5,175	10,615
Discontinued operations
Loss from discontinued operations	(1,279)	(4,825)
Profit for the period	3,896	5,790
Earnings per share
Basic
From continuing operations	19.28c	40.11c
From continuing and discontinued operations	14.51c	21.88c
Diluted
From continuing operations	18.40c	38.13c
From continuing and discontinued operations	13.85c	20.80c
Underlying
From continuing operations	26.69c	55.55c

	Half year 2014 $'000	Full year 2013 $'000
Profit for the period	3,896	5,790
Other comprehensive (expense)/income
Items that may be reclassified subsequently to the income statement:
Exchange differences on translation of foreign subsidiaries	190	377
Exchange differences recycled to income statement on disposal of business	1,347	-
Items that will not be reclassified subsequently to the income statement:
Remeasurement (losses)/gains on post employment obligations	(5,176)	7,173
Tax relating to components of other comprehensive income	1,113	(3,502)
Effect of change in UK tax rate	(52)	(755)
Other comprehensive (expense)/income net of tax	(2,578)	3,293
Total comprehensive income for the period	1,318	9,083

	Half year 2014 $'000	Full year 2013 $'000
Total comprehensive income attributable to equity Shareholders arising from - Continuing operations - Discontinued operations	1,250 68	13,908 (4,825)
	1,318	9,083

	At 28 June 2014 $'000	At 28 Dec 2013 $'000
Non current assets
Property, plant and equipment	9,046	8,803
Intangible assets	1,402	1,349
Deferred tax assets	7,257	6,324
	17,705	16,476
Current assets
Assets held for sale	-	13,824
Inventories	3,373	3,686
Trade and other receivables	31,660	30,105
Other financial assets - bank deposits	14,634	8,165
Cash and cash equivalents	29,832	17,825
	79,499	73,605
Current liabilities
Trade and other payables	(38,677)	(29,684)
Current tax	(1,656)	(247)
Liabilities held for sale	-	(4,364)
	(40,333)	(34,295)
Net current assets	39,166	39,310
Non current liabilities
Retirement benefit obligations	(31,879)	(27,398)
Deferred tax liability	(381)	(477)
Provisions for other liabilities and charges	(248)	(242)
	(32,508)	(28,117)
Net assets	24,363	27,669

Shareholders' equity
Share capital	18,777	17,988
Share premium reserve	68,451	68,451
Capital redemption reserve	369	369
Currency translation reserve	6,997	5,460
Retained earnings	(70,231)	(64,599)
Total Shareholders' equity	24,363	27,669

	Half year 2014 $'000	Full year 2013 $'000
Cash flows from operating activities
Cash generated from operations	14,163	17,913
Net tax paid	(177)	(2,714)
Finance income	72	108
Finance costs	-	(22)
Net cash generated from operating activities	14,058	15,285
Cash flows from investing activities
Purchases of property, plant and equipment	(843)	(1,542)
Purchases of intangible assets	(235)	(486)
Net proceeds from sale of business	9,721	1,484
Net cash generated from/(used in) investing activities	8,643	(544)
Cash flows from financing activities
Repayment of borrowings	-	(10,064)
Capital element of finance lease payments	-	(236)
Amounts placed on deposit	(6,093)	(3,050)
Proceeds from issue of ordinary shares	789	322
Purchase of own shares	(789)	(200)
Dividends paid to Shareholders	(5,118)	(6,558)
Net cash used in financing activities	(11,211)	(19,786)
Net movement in cash and cash equivalents	11,490	(5,045)
Cash and cash equivalents at beginning of the period	17,825	22,780
Exchange gains on cash and cash equivalents	517	90
Cash and cash equivalents at end of the period	29,832	17,825
Analysis of cash and cash equivalents
Cash at bank and in hand	24,047	10,815
Short term deposits	5,785	7,010
	29,832	17,825

Revenue - continuing operations
	Half year 2014 $'000	Full year 2013 $'000
North America	185,094	320,035
UK and Ireland	7,964	12,901
Total	193,058	332,936

Other comprehensive (expense)/income net of tax

Current assets

Current liabilities

Total Shareholders' equity

Cash flows from operating activities

Cash flows from investing activities

Cash flows from financing activities

Cash and cash equivalents at end of the period

Analysis of cash and cash equivalents

Cash at bank and in hand

Short term deposits

Companies

UK 100

Latest directors dealings

Profit - continuing operations	Underlying*		Total
	Half year 2014 $'000	Full year 2013 $'000	Half year 2014 $'000	Full year 2013 $'000
4imprint Direct Marketing	11,533	22,839	11,533	22,839
Head office	(1,844)	(3,345)	(1,844)	(3,345)
Underlying operating profit	9,689	19,494	9,689	19,494
Exceptional items - Head office			(1,020)	(397)
Share option related charges			(526)	(2,493)
Defined benefit pension scheme administrative expenses			(347)	(748)
Operating profit	9,689	19,494	7,796	15,856
Net finance income	83	61	83	61
Defined benefit pension finance charge			(591)	(1,445)
Profit before tax	9,772	19,555	7,288	14,472

	Half year 2014 $'000	Full year 2013 $'000
Profit after tax - continuing operations	5,175	10,615
Loss after tax - discontinued operations	(1,279)^†	(4,825)
Profit for the period	3,896	5,790
Underlying profit after tax - continuing operations	7,165	14,700

	Half year 2014 Number '000	Full year 2013 Number '000
Basic weighted average number of shares	26,847	26,463
Dilutive potential ordinary shares - employee share options	1,276	1,372
Diluted weighted average number of shares	28,123	27,835

	Half year 2014 cents	Full year 2013 cents
Basic earnings per share from continuing operations	19.28	40.11
Basic loss per share from discontinued operations	(4.77)	(18.23)
Basic earnings per share	14.51	21.88

Diluted earnings per share from continuing operations	18.40	38.13
Diluted loss per share from discontinued operations	(4.55)	(17.33)
Diluted earnings per share	13.85	20.80

Underlying basic earnings per share from continuing operations	26.69	55.55
Underlying diluted basic earnings per share from continuing operations	25.48	52.81

	Half year 2014 $'000	Full year 2013 $'000
Operating profit - continuing operations	7,796	15,856
- discontinued operations	(98)	1,439
Adjustments for:
Depreciation charge	678	2,133
Amortisation of intangibles	280	626
Exceptional non cash items	706	119
Decrease in exceptional accrual/provisions	(40)	(25)
Share option charges - continuing	494	1,226
- discontinued	-	17
Defined benefit pension administration charge	347	748
Contributions to defined benefit pension scheme - normal - flexible early retirement offer	(2,853) (422)	(4,966) -
Changes in working capital:
Increase in inventories	(130)	(1,268)
Decrease/(increase) in trade and other receivables	142	(5,362)
Increase in trade and other payables	7,263	7,370
Cash generated from operations	14,163	17,913