Jetix Europe N.V. Annual Review and Financial Statements 2005

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(1) Unaudited results for the year ended May 31, 2001.  
(2) Unaudited results for the year ended June 30, 2002.  
(3) Results for the 13-months ended June 30, 2001.  
(4) Results for the 15-months ended September 30, 2002.  
(5) Consistent with prior years, EBITDA is stated before programme amortisation, impairment and depreciation. EBITDA less depreciation, amortisation and impairment is equivalent to operating income.

 
(6) Excluding our share of non-consolidated joint ventures.  
(7) Including other small non-advertising channel revenues.  
(8) Including online advertising revenues.  
(9) Before cumulative effect of change in accounting principle.  
(10) Results for the year ended September 30, 2004, as reported (i.e. including non-recurring charge discussed below).  
(11) To enhance comparability, the Company has also provided operating results on a pro forma basis for the year ending September 30, 2004, which exclude the impact of non-recurring relocation charges recognised during the year. These charges relate to the relocation of
the Company’s UK and French based operations to Disney’s premises within these markets. The Company believes that pro forma results provide additional information useful in analysing the underlying business results.