REG - Spirax-Sarco Engng - 2014 Preliminary Results <Origin Href="QuoteRef">SPX.L</Origin> - Part 3

SpiraxAnnouncement

05/03/2015 07:00

- Part 3: For the preceding part double click  ID:nRSE5799Gb 

paid on 29th May 2015 to shareholders on the register at 1st May 2015.
 No scrip alternative to the cash dividends is being offered. 
 
Copies of the Annual Report will be sent on 20th March 2015 to shareholders
and can be obtained from our registered office at Charlton House, Cirencester
Road, Cheltenham, Gloucestershire GL53 8ER.  The report is also available on
our website at www.SpiraxSarcoEngineering.com. 
 
11.   RESPONSIBILITYstatement OF THE DIRECTORS ON THE ANNUAL REPORT 
 
The responsibility statement below has been prepared in connection with the
company's full annual report for the year ending 31st December 2014. Certain
parts thereof are not included within this announcement. 
 
We confirm to the best of our knowledge: 
 
·     The financial statements, prepared in accordance with IFRS as adopted by
the European Union, give a true and fair view of the assets, liabilities,
financial position and profit and loss of the company and the undertakings
included in the consolidation taken as a whole; and 
 
·     The strategic report includes a fair review of the development and
performance of the business and the position of the company and the
undertakings included in the consolidation taken as a whole, together with a
description of the principal risks and uncertainties they face; and 
 
·     The annual report and financial statements, taken as a whole, are fair,
balanced and understandable and provide the information necessary to assess
the Company's performance, business model and strategy. 
 
This responsibility statement was approved by the board of directors on 4th
March 2015 and is signed on its behalf by: 
 
 N J Anderson   Chief Executive  D J Meredith   Finance Director  
 
 
12.  Cautionary statement 
 
All statements other than statements of historical fact included in this
document, including, without limitation, those regarding the financial
condition, results, operations and businesses of Spirax-Sarco Engineering plc
and its strategy, plans and objectives and the markets and economies in which
it operates, are forward-looking statements. These forward-looking statements
which reflect management's assumptions made on the basis of information
available to it at this time, involve known and unknown risks, uncertainties
and other important factors which could cause the actual results, performance
or achievements of Spirax-Sarco Engineering plc or the markets and economies
in which we operate to be materially different from future results,
performance or achievements expressed or implied by such forward-looking
statements. Spirax-Sarco Engineering plc and its directors accept no liability
to third parties in respect of this report save as would arise under English
law. Accordingly, any liability to a person who has demonstrated reliance on
any untrue or misleading statement or omission shall be determined in
accordance with schedule 10A of the Financial Services and Markets Act 2000.
It should be noted that schedule 10A contains limits on the liability of the
directors of Spirax-Sarco Engineering plc so that their liability is solely to
Spirax-Sarco Engineering plc. 
 
13.   EXCHANGE RATE IMPACTS 
 
Whilst not an IFRS disclosure or part of the audited accounts, set out below
is an additional disclosure that highlights the movements in a selection of
average exchange rates between 2014 and 2013. 
 
Average exchange rates to sterling have been as follows: 
 
                                 Average2014  Average2013  Change%  
 Bank of England sterling index  87.1         81.7         -6%      
 US$                             1.65         1.57         -5%      
 Euro                            1.24         1.18         -5%      
 RMB                             10.15        9.66         -5%      
 Won                             1,734        1,716        -1%      
 Real                            3.88         3.41         -12%     
 Argentine Peso                  13.32        8.65         -35%     
 Australian $                    1.83         1.64         -10%     
 Rouble                          64.13        50.12        -22%     
 Rand                            17.85        15.16        -15%     
 Turkish Lira                    3.60         3.01         -16%     
 
 
This information is provided by RNS
The company news service from the London Stock Exchange