NEWCASTLE United PLC (the Group) has, historically, prepared its consolidated financial statements under UK Generally Accepted Accounting Practice (UK GAAP).

Following the adoption by the European Parliament, in July 2002, of Regulation No 1606/2002 the Group is, with effect from the year ending 31 July 2006, required to prepare its accounts in accordance with International Financial Reporting Standards as adopted by the EU.

The Group's first published information prepared on the basis of adopted IFRS will be in respect of its results for the six months ended 31 January 2006.This document explains how the Group's reported performance and financial information are affected by the change from UK GAAP to Adopted IFRS.

Click here for the full Newcastle United PLC IFRS Document 2006