Beazley plc | Annual report and accounts 2010
Fencing combines discipline, agility and precision - all qualities we admire at Beazley.
Beazley has entered into a five year partnership with British Fencing/ Through our sponsorship, we aim to make a meaningful contribution to the continued development of the sport in Britain, both at the highest competitive level and through fencing schools through the country.
* Profit before income tax and earnings per share includes an exceptional foreign exchange gain of $33.7m, described in notes 1 and 4 to the financial statements.
** Return on equity is calculated as profit after tax divided by average daily shareholders funds during the year.