Regis! red number: 3898338 ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED DIRECTORS' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 79101" ‘479101 ats 28/06/2018 102 COMPANIES HOUSEASHFIELD HEALTHCARE COMMUNICATIONS LIMITED COMPANY INFORMATION Directors. Registered number Registered office Independent auditors ©. Corbin S. Bainbridge V. Adshead C. McConkey 3898338 Ashfield House Resolution Road Ashby de la Zouch Leicestershire Lees 1HW. Emst & Young Chartered Accountants Harcourt Building Harcourt Street Dublin 2 Pinsent Masons LLP. 3 Hardman Street Manchester M3.3AUASHFIELD HEALTHCARE COMMUNICATIONS LIMITED CONTENTS Page Directors’ Report 1-2 Directors’ Responsibilities Statoment 3 Independent Auditor's Report 48 Statement of Profit and Loss and other Comprehensive Income 7 Balance Sheet 8 Statement of Changes in Equity 9-10 Notes to the Financial Statements 11-18ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED DIRECTORS’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2017 The directors present their report and the financial statements for the year ended 30 September 2017. Results and dividends On 1 October 2016 the Company transferred certain of its assets and liabilties to a related party, Ashfield Healthcare Communications Group Limited. The consideration for this transfer being the book value amounts of the assets and liabilities at the date of transaction. The Company retained ownership of its subsidiaries, as disclosed in note 7 ‘The proft for the year, after taxation, amounted to £1,475,546 (2016 - £2, 988,728). Dividends of £1,500,000 were paid in the year (2016: £3,000,000). Directors ‘The directors who served during the year were: ©. Carbin S. Bainbridge V. Adshead C. McConkey Directors of the Company do not hold interest in the shares of the Company. Political contributions ‘The Company did not make any political donations or incurred any political expenditure during the year. ‘Small company exemption ‘The Company has availed of the exemption under Section 414 (B) of the Companies Act 2006 Regulations 2013, from implementing the Strategic Report requirements as the Company qualifies as a small company for ‘company law purposes. Disclosure of information to auditors. Each of the persons who are directors at the time when this Directors’ Report is approved has confirmed that ‘+ so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and ‘+ the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Companys auditors are aware ofthat information. Post balance sheet events ‘There have been no significant events affecting the Company since year end. Going concern ‘The financial statements of the Company are prepared on a going concem basis. Please refer to note 1.1 for deta Page 1ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED DIRECTORS’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2017 Auditors KPMG resigned as the Company auditors and Ernst & Young was appointed instead. The auditors, Emst & Young, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006. This report was approved by the board and signed on its behalf. C. McConkey Director Date: 95 Jun WIE Page 2ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED DIRECTORS’ RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2017 The directors are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 101 ‘Reduced Disclosure Framework’. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view ofthe state of affairs of the Company and of the proft or loss of the Company for that period In preparing these financial statements, the directors are required to. ‘+ select suitable accounting policies and then apply them consistently; ‘+ make judgments and accounting estimates that are reasonable and prudent; ‘+ state whether applicable UK Accounting Standards have been followed, subject to any material departures. disclosed and explained in the financial statements; ‘+ prepare the financial statements on the going concem basis unless it is inappropriate to presume that the will continue in business. ‘The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Companys transactions and disclose with reasonable accuracy at any time the financial position of the ‘Company and to enable them to ensure that the financial statements comply with the Companies Act 2008. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. (On behalf of the Board © McConkey’ Director Date: 2 Uime HH Page 3wd EY Building a better working word INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED Opinion We have audited the financial statements of Ashfield Healthcare Communications Limited (the ‘company’) for the year ended 30 September 2017 which comprise the Profit and Loss Account, the Balance Sheet, the Statement of changes in equity and the related notes 1 to 15, including a summary of significant accounting policies The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including FRS 101 “Reduced Disclosure Framework (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: ‘© give a true and fair view of the company's affairs as at 30 September 2017 and of its profit for the year then ended; ‘+ have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and ‘+ have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report below. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion Use of our report ‘This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require Us to report to you where: ‘+ the directors’ use of the going concern basis of accounting in the preparation of the financial statements is not appropriate; or ‘+ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least tweive months from the date when the financial statements are authorised for issue.INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED (Continued) Other information The other information comprises the information included in the Directors’ Report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in this report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibilty isto read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowiedge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is 2 material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of the other information, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: + the information given in the Directors’ Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and © the Directors’ Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors’ Report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of directors’ remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemptions in preparing the directors’ report and from the requirement to prepare a strategic report2 EY Building a better ‘working world INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED (Continued) Responsibilities of directors ‘As explained more fully in the directors’ responsibilities statement set out on page 3, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements (Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists, Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements, ‘A further description of our responsibilities for the audit ofthe financial statements is located on the Financial Reporting Council's website at https://www.frc.org.uk/auditorsresponsibilties, This description forms part of our auditor's report Lrwat L Yasny Roger Wallace for and on behalf of Ernst & Young Dublin, Ireland me 9g Aut 201‘ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED ‘STATEMENT OF PROFIT AND LOSS AND OTHER COMPREHENSIVE INCOME FOR THE YEAR ENDED 30 SEPTEMBER 2017 2017 2016 Note £ £ Dividend income from sharas in group undertakings 5 1,800,000 3,000,000 Profit before tax 41,800,000 3,000,000 Tax on profit 4 (24,454) (11,272) Profit for the financial year 4,478,546 2,988,728 ‘The notes on pages 11 to 18 form part ofthese financial statements, All results presented relate to continuing activities. Page 7ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED REGISTERED NUMBEI 3898338, BALANCE SHEET AS AT 30 SEPTEMBER 2017 2017 2017 2016 2016 Note £ £ £ £ Fixed assets Tangible assets 6 a 246,670 Investments, 7 374 374 374 247,044 Current assets Debtors, 8 578,895 468,395 Cash at bank and in hand 7 287,022 578,895 725,417 Creditors: amounts falling due within one year 9 (52,470) (421,208) Net current assets 526,425 304,209 Total assets less current liabilities 526,799 551,253 Capital and reserves, Called up share capital - presented as equity 11 153,044 153,044 ‘Share premium account 2 83,039 83,039 Profit and toss account 290,716 315,170 526,799 551,253 The Company's financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the board and were signed on its behalf on oy Jie WN ©. McConkey Director The notes on pages 11 to 18 form part ofthese financial statements. Page 8ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 SEPTEMBER 2017 Called up share capital Share presented premium Profit and ‘as equity account loss account £ £ £ At October 2016 153,044 83,039 315,170 Comprehensive income for the year Profit for the year : = 1,475,548 Transaction with owners directly recorded in equity Dividends paid (note 6) : (1,800,000) ‘At 30 September 2017 153,044 83,039 (290,716 Total equity £ 551,253 1,478,546 (1,500,000) 526,799 Page 9ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED. ‘STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 SEPTEMBER 2016 Calied up share capital Share “presented premium Profit and as equity ‘account loss account Total equity £ £ £ £ C1 October 2015 453064 83,039 326442 «562,525 Comprehensive income for the year Proft forthe year : = -2988,728 2,988,728 Transaction with owners directly recorded in equity Dividends paid (note 6) - 7 (3,000,000) (3,000,000) At 20 September 2016, 153,064 63,039 «15,470 «884,263 ‘The notes on pages 11 to 18 form part of these financial statements. Page 10ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 PRINCIPAL ACCOUNTING POLICIES Ashfield Healthcare Communications Limited (the Company’) is a private company incorporated, domiciled and registered in England, 14. Basis of preparation of financial statements (On 14 October 2016, the Company transferred its trade, assets, labiliies and its employees to a related party Ashfield Healthcare Communications Group Limited. The consideration for this transfer being the carrying value of the assets and liabilities at the date of transfer. The transfer represents a cessation of trade by the Company and accordingly, the financial statements are prepared on the breakup basis. Accordingly, the carrying value of assets represents the lower of their existing carrying value and estimated realisable amounts and all abilities which will arise have been accrued for. All non-current assets per the balance sheet are classified as current assets. All liabilities per the balance sheet are classified as current liabilities. The Company is exempt by virtue of small companies regime of the Companies Act 2006 from the requirement to prepare group financial statements. These financial statements present information about the Company as an individual undertaking and not about its group, ‘The Company's ultimate parent undertaking, UDG Healthcare ple incorporated in the Republic of Ireland, includes the Company in its consolidated financial statements. The consolidated financial statements of UDG Healthcare ple are prepared in accordance with International Financial Reporting Standards. These are available to the public and may be obtained from the company website. 1.2. Statement of compliance These financial statements were prepared in accordance with Financial Reporting Standard 101 Reduced Disclosure Framework (‘FRS 101") issued in March 2014 and are in accordance with the Fequirements of the Companies Act 2006. The amendments to FRS 101 (2015/16 Cycle) issued in July 2016 and effective immediately have been applied 4.3. FRS101 disclosure exemptions In these financial statements, the Company has applied the exemptions available under FRS 101 in respect of the following disclosures: + A Cash Flow Statement and related notes; + Comparative period reconeiliaions for fixed assets; + Disclosures in respect of transactions with wholly owned subsidiaries; + Disclosures in respect of capital management; + The effects of new but not yet effective IFRSs; and + Disclosures in respect of the compensation of Key Management Personnel. ‘The accounting policies set out below have, unless otherwise stated, been applied consistently to all periods presented in these financial statements, 4.4 Measurement convention These financial statements are prepared on the historical cost basis, Page 11ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 1 PRINCIPAL ACCOUNTING POLICIES (continued) 18 16 47 18 19 Basis of preparation of financial statements ‘The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework’ and the Companies Act 2006. ‘The preparation of financial statements in compliance with FRS 101 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company accounting policies. ‘The following principal accounting policies have been applied: Non-derivative financial instruments Non-derivative financial instruments comprise trade and other debtors, cash and cash equivalents and trade and other creditors, ‘Trade and other debtors - Trade and other debtors are recognised initially at fair value. Subsequent {o intial recognition they are measured at amortised cost using the effective interest method, less any impairment losses. Trade and other creditors - Trade and other creditors are recognised initially at fair value. ‘Subsequent to intial recognition they are measured at amortised cost using the effective interest method. ‘Cash and cash equivalent - Cash and cash equivalents comprise cash balances and call deposits with maturities of less than 3 months. Investments, Investments in subsidiaries are carried at cost less impairment. Foreign Currency ‘Transactions in foreign currencies are translated to the Company's functional currency at the foreign ‘exchange rate ruling at the date of the transaction. Monetary assets and liabilties denominated in foreign currencies at the balance sheet date are retranslated fo the functional currency at the foreign. exchange rate ruling at that date. Non-monetary assets and liabilties that are measured in terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction. Non-monetary assets and liabilities denominated in foreign currencies that are stated at fair value are retranslated to the functional currency at foreign exchange rates ruling at the dates the fair value was determined. Foreign exchange differences arising on translation are recognised in the profit and loss account. Expenses and other income Operating lease payments - Payments (excluding costs for services and insurance) made under operating leases are recognised in the profit and loss account on a straight-line basis over the term of the lease. Lease incentives received are recognised in the profit and loss account as an integral part of the total lease expense. Page 12ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 PRINCIPAL ACCOUNTING POLICIES (continued) 4.10 Dividend income Dividend income is recognised in the profit and loss account on the date the entity's right to receive payments is established. Foreign currency gains and losses are reported on a net basis. Operating profit ‘The operating proft is stated after charging: 2017 2016 £ £ Depreciation of tangible fixed assets, : 87,080 Auditors’ remuneration : . - audit ofthese financial statements, : 1,875 - audit of subsidiaries financial statements : 7,500 Operating lease payments Operating lease payments Itis noted that the total administration expenses in the profit and loss account is Enil because all of the costs incurred by this holding company are recorded in behalf of its subsidiaries and are accordingly recharged out to the Company's trading subsidiaries with this recharge credited against administration expenses, ‘The auditor's remuneration for the financial statement audit amounting to £530 (2016: £1,875) is bone by 4 related party, Ashfield Healthcare Communications Group Limited Employees ‘The Company did not have any employees during the year other than the directors, whose emoluments, were fril for the year (2016: Eni). The directors of the company are employed and remunerated as ‘employees of ather subsidiaries of the UDG Healthcare Ple group of companies, Page 13,ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 2017 2016 £ £ Corporation tax Current tax on profits for the year - 3,455 ‘Adjustments in respect of previous periods 1,360 10 Total current tax 4,350 Deferred tax Origination and reversal of timing diferences 13,508 (3,751) ‘Adjustment in respect of prior years, 9,596 3143 Impact of change in future tax rate : 3415 Total deferred tax 23,104 7,807 ‘Taxation on profit on ordinary activities Factors affecting tax charge for the year ‘The tax assessed for the year Is lower than (2016 - lower than) the standard rate of corporation tax in the UK of 19.5% (2076 - 209%). The differences are explained below: 2017, 2016 £ £ Profit on ordinary activities before tax 1,500,000 3,000,000 Profit on ordinary activities mutipied by standard rate of corporation tax in the UK of 19.5% (2016 - 20%) 292,500 600,000 Effects of: Expenditure not deductible for taxation purposes. 13,508 (296) ‘Adjustment to tax charge in respect of prior years 10,946 8,153 Non-taxable dividend income (292,500) (600,000) Impact of change in future tax rates - 3415 Total tax charge for the year 24,454 11,272 The adjustment in respect of prior periods relates to an overfunder estimate in the tax provision in the prior financial year, Page 14ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 Taxation (continued) Factors that may affect future tax charges ‘The main rate of UK corporation tax reduced to 19% with effect from 1 April 2017 and as a result of substantially enacted legislation is expected to reduce to 17% by 1 April 2020. It is expected that this {gradual fall in the main rate of corporation tax will result in a reduction of the company's current tax charge. Dividends 2017 2016 £ £ Dividends received from subsidary undertakings, 1,500,000 3,000,000 Tangible fixed assets Leasehold improvemenFixtures and Computer ts fittings equipment Total £ £ £ £ Cost Att October 2016 311,256 63,573 373,296 748,125 Transfers intra group (311,256) (63,573) (373,296) (748,125) ‘At 30 September 2017 : : : ‘Accumulated depreciation Att October 2016 141,998 61,406 298,061 501,455 Transfers intra group (141,988) (61,406) (298,061) (501,455) ‘At 30 September 2017 7 : : . Net book value ‘At 30 September 2017 7 : : : ‘At 30 September 2016 246,670 Page 15ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 Investments Cost At 1 October 2016 ‘A130 September 2017 ‘Subsidiary undertakings Investments subsidiary 374 374 The following were subsidiary undertakings of the Company: Country of | - Class of Name incorporation shares Ashfield Insight & United Performance Lid Kingdom =A axv ‘Communications United lta Kingdom A Med Communications United uta Kingdom A United InforMed Insight Ltd Kingdom A Medea ‘Communications United td Kingdom A Debtors, Trade debtors Amounts due from subsidiary undertakings Other and VAT debtors Prepayments Deferred tax asset (see note 10) Principal Holding activity Provision of marketing training services for 75% the pharmaceutical industry Provision of marketing services for the 100% pharmaceutical industry Provision of marketing services for the 100% pharmaceutical industry Provision of marketing services for the 100% pharmaceutical industry Provision of marketing services for the 100% pharmaceutical industry 2017 2016 £ £ : 14,942 578,895 245,582 . 101,775 : 82,992 : 23,104 578,895 468,395 ‘Amounts due from subsidiary undertakings were interest free and repayable on demand, Page 16‘ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 Creditors: Amounts falling due within one year 2017 2016 £ £ Trade creditors : 102,716 ‘Amounts owed to subsidiary undertakings : 84,792 Corporation tax 4,206 4917 Other taxes and social security costs : 72,568 Other creditors : 16,686 Accruals and deferred income 47,664 139,529 52,470 421,208 ‘Amounts owed to subsidiary undertakings were interest free and repayable on demand. Deferred taxation Deferred tax assets are attributable to the following: Assets Net 2017 2016 2017 2016 £ £ £ £ Tangible fxed assets + 23014 - 23,404 Total assets = 23,014 + 23,404 Movernent in deferred tax during the year: 1 October Recognised 30 September 2016 —inincome 2017 £ £ £ Tangible fixed assets, 23,104 (23,104) : 23,404 (23,104) : Page 17ASHFIELD HEALTHCARE COMMUNICATIONS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017 1 2 13. 14. 45, Share capital 2017 2016 £ £ Shares classified as equity Authorised, allotted, called up and fully paid 3,060,880 Ordinary shares of £0.05 each 153,044 153,044 The holders of ordinary shares are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the Company. Share premium account Share premium balance arose from the the excercise of share options. ‘The Company is a wholly owned subsidiary of UDG Healthcare (UK) Holdings Limited, a company registered and operating in the United Kingdom, whose ultimate parent undertaking is UDG Healthcare pic, a public limited company incorporated and operating in the Republic of Ireland. The only group in which the results of the company are consolidated is that headed by UDG Healthcare ple. The consolidated financial statements of UDG Healthcare plc are available to the public and may be obtained from The Secretary, UDG Healthcare plc, 20 Riverwalk, Citywest Business Campus, Citywest Road, Dublin 24, ‘Subsequent events ‘There have been no significant events affecting the Company since the year end. Accounting estimates and judgements There have been no key sources of estimation uncertainty at the balance sheet date. Page 18