5. Revenue and Operating Segments

IFRS 8 requires operating segments to be identified on the basis of internal reports about components of the Group that are regularly reviewed by the Chief Operating Decision Maker to allocate resources and assess performance. The Chief Operating Decision Maker is considered to be the Chief Executive Officer of Animalcare Group plc. Performance assessment is based on underlying operating profit.

The Group solely comprises one reportable segment, being Companion Animal.

NoteCompanion Animal
2014
£'000
Companion Animal
2013
£'000
Revenue12,88112,118
Gross Profit7,1426,781
Underlying Operating Profit2,8022,684
Other Items4(119)(119)
Exceptional items4(273)
Operating Profit2,6832,292
Finance income92738
Finance expense9(38)
Profit before tax2,6722,330
NoteCompanion Animal

2014
£'000
Companion Animal

2013
£'000
Products and Services
Licensed veterinary7,8837,200
Animal identification2,4182,244
Animal welfare2,5802,674
12,88112,118
Other information
Intangible asset additions14199129
Property, plant and equipment additions1532379
Depreciation and amortisation1415479351
Consolidated assets22,52521,486
Consolidated liabilities(3,072)(3,524)
Consolidated net assets19,45317,962
2014
£'000
2013
£'000
Key customers
Number33
Percentage of total revenue82%80%

Key customers, all within the Companion Animal segment, are those responsible for 10% or more of segmental revenue.

2014
£'000
2013
£'000
Geographical market
United Kingdom11,55711,061
Europe and Rest of World1,3241,057
12,88112,118

All the Group assets are wholly located in the United Kingdom and accordingly no geographical analysis of assets and liabilities is presented.

An analysis of total Group revenue is as follows:

2014
£'000
2013
£'000
Revenue from sale of goods11,95111,250
Revenue from provision of services930868
12,88112,118
Finance income2727
12,90812,145