To start a new section, hold down the apple+shift keys and click to release this object and type the section title in the box below. Companies House, annual reports and results statements. Financial results include discontinued operations but exclude the results from joint ventures, and profit after tax is selected as the profit figure. There have been no adjustments made to reflect revenue or profit gained through internal or external operations. The ranking of companies by size is based on their most recent annual results, available as at 30 April 2016. As we are comparing the market at a point in time, we define 2015 revenue as that which was primarily recognised in that calendar year. As such, companies with financial year ends in January to June have had their revenue categorised as 2014, as six months or more relate to the 2014 calendar year. The financial results for all other calendar years have been treated the same way. Comparable measurements were selected across all companies where possible; however, there may be some discrepancies due to variations in reporting requirements across the listing (for example, UK GAAP versus IFRS). For advertising companies, where possible, net billings were cited as revenue instead of gross billings. Where a net billings number was unavailable, these have been identified in the full Top 100 listing. For further information about this research please contact: [email protected] Media Metrics The state of UK media and entertainment 35