2793 Business Training & Employment Agencies

Randstad Holding NV Period End 31 December 2010

Randstad Holding NV Annual Report 2010
Choice of classification of local value-added tax charge increases pre-tax profit
Dutch recruitment agency Randstad classifies as income tax a €39.2 million tax charge arising from a component of French business tax calculated on value-added, in a treatment that leads to 12.3% increase in profit before tax and illustrates lack of comparability in the absence of specific IFRS guidance.

Hays plc Period End 30 June 2010

Hays plc Annual Report 2010
Legal judgement and other exceptional items reduce profit by 58%
UK recruitment agency Hays classifies as exceptional a £29 million charge in the current year, following a judgement against it by the Office of Fair Trading against which it states it intends to appeal which, with other exceptional items, reduces profit before tax by 58%.

Beginning of the end for authorised share capital in the UK
UK recruitment agency Hays discloses that it has passed a resolution ending restrictions on authorised share capital, following the coming into effect of part of the Companies Act 2006 under which the requirement for an authorised share capital lapses.

Hays plc Period End 30 June 2010

Hays plc Annual Report 2010
Legal judgement and other exceptional items reduce profit by 58%
UK recruitment agency Hays classifies as exceptional a £29 million charge in the current year, following a judgement against it by the Office of Fair Trading against which it states it intends to appeal which, with other exceptional items, reduces profit before tax by 58%.

Beginning of the end for authorised share capital in the UK
UK recruitment agency Hays discloses that it has passed a resolution ending restrictions on authorised share capital, following the coming into effect of part of the Companies Act 2006 under which the requirement for an authorised share capital lapses.

Hays plc Period End 30 June 2009

Goodwill sensitivity analysis lacks clarity and write-back of goodwill remains short of detail
UK recruitment agency Hays provides a goodwill sensitivity analysis, although reasons for potential impairment lack clarity, and it continues not to indicate to which acquisition goodwill write back relates.