The UK construction business is not the only area where Balfour Beatty has been having problems. The firm's business in Australia has been hit by a downturn in the mining and resources sector, with the firm having to take out £70m in annual costs in 2013. The Australian business was loss making in 2013, but the firm expects it to break even this year. Overall Balfour Beatty posted group revenue including share of joint ventures of £10.1bn in 2013, up 2% on 2012. But £155m in non-underlying costs dragged down the group's pre-tax profit to £32m - a fall of 78% on the previous year. The £155m costs included £52m for restructuring, with £20m related to the firm's Australian business; £26m related to its UK businesses - including a further £14m related to the UK construction business on top of the £34m it incurred in 2012.
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