1 This flow-chart is of Smiths Industries prior to the merger with TI Group in December 2000. Kelvin Hughes has since acquired and assimilated both Lokata and Qubit into its operations.

2 The exchange rate of the UK(£)and the Japanese yen is: £1 = 190 yen.

3 Figures are based on Smiths Group Interim Report 2000. FY 2000 refers to Smiths Industries: 12 months to July 2000 and TI Group: 12 months to June 2000.

4 Both Sperry Marine and Racal Decca, which were previously under Litton Industries, have been part of Northrop Grumman since April 03, 2001.

5 The exchange rate of the US($)and the Japanese yen is: 1US($)= 125 yen.

6 Litton Marine Systems acquired shipbuilder Avondale Industries for $529 million(66.1 billion yen)in June 1999.

7 Litton Industries 2000 2nd Quarter Report

8 The exchange rate of the German mark(DM)and the Japanese yen is: 1 DM = 57 yen.

9 The exchange rate of the euro and the Japanese yen is: 1 euro = 115 yen.

10 The exchange rate of the Norwegian kroner and the Japanese yen is: 1 NKr = 15 yen.

11 Information to evaluate profit for 1999 could not be obtained.

12 The exchange rate of the German mark(DM)and the Japanese yen is: 1 DM = 57 yen.

13 2000 turnover included the offloading of the company's marine recreational business, which was sold in January 2001.

14 A repeater is a device for the automatic retransmission or amplification of an electrically transmitted message.

15 MOSFET is a field-effect transistor in which there is a thin layer of silicon oxide between the gate and the channel. It is an acronym of Metal Oxide Semiconductor Field-Effect Transistor(MOSFET).

16 Council Directive 96/98/EC

17 TFT is the abbreviation for thin-film transistor, denoting a technology used to make flat colour display screens, usually for high-end portable computers.