| Quarters |
1st £m |
2nd £m |
3rd £m |
4th £m |
Total £m |
|
|
Turnover |
3,798 |
3,951 |
3,939 |
3,952 |
15,640 |
|
|
Other operating income (a) |
25 |
26 |
279 |
42 |
372 |
|
|
Operating profit (b) |
891 |
813 |
1,149 |
804 |
3,657 |
|
|
Group’s share of profits (losses) of associated undertakings |
6 |
(91) |
(90) |
(77) |
(252) |
|
|
Profit (loss) on sale of group undertakings |
20 |
(2) |
45 |
– |
63 |
|
|
Interest receivable |
59 |
72 |
20 |
14 |
165 |
|
|
Interest payable |
(95) |
(104) |
(105) |
(110) |
(414) |
|
|
Profit on ordinary activities before taxation |
881 |
688 |
1,019 |
631 |
3,219 |
|
|
Tax on profit on ordinary activities: |
||||||
|
Corporation and similar taxes |
(278) |
(216) |
(285) |
(199) |
(978) |
|
|
Windfall tax |
– |
(510) |
– |
– |
(510) |
|
|
Profit (loss) on ordinary activities after taxation |
603 |
(38) |
734 |
432 |
1,731 |
|
|
Minority interests |
(4) |
6 |
(14) |
(13) |
(25) |
|
|
Profit (loss) for the financial period |
599 |
(32) |
720 |
419 |
1,706 |
|
|
Earnings (loss) per share |
9.4p |
(0.5p) |
11.2p |
6.5p |
26.7p |
|
|
Earnings per share before exceptional items |
9.4p |
7.5p |
8.3p |
6.5p |
31.7p |
|
|
Fully diluted earnings per share |
9.2p |
n/a |
11.0p |
6.5p |
26.3p |
|
|
Fully diluted earnings per share before exceptional items |
9.2p |
7.3p |
8.2p |
6.5p |
31.2p |
|
|
(a)Including MCI merger break up fee net of expenses |
– |
– |
238 |
– |
238 |
|
|
(b)Including redundancy charges |
16 |
1 |
15 |
74 |
106 |
|
(UNAUDITED) YEAR ENDED 31 MARCH 1997
| Quarters |
1st £m |
2nd £m |
3rd £m |
4th £m |
Total £m |
|
|
Turnover |
3,641 |
3,725 |
3,763 |
3,806 |
14,935 |
|
|
Other operating income |
34 |
17 |
31 |
24 |
106 |
|
|
Operating profit (a) |
870 |
770 |
910 |
695 |
3,245 |
|
|
Group’s share of profits of associated undertakings |
38 |
44 |
27 |
30 |
139 |
|
|
Profit on sale of group undertakings |
4 |
– |
4 |
– |
8 |
|
|
Interest receivable |
44 |
60 |
53 |
49 |
206 |
|
|
Interest payable |
(87) |
(84) |
(85) |
(79) |
(335) |
|
|
Premium on repurchase of bonds |
– |
(60) |
– |
– |
(60) |
|
|
Profit on ordinary activities before taxation |
869 |
730 |
909 |
695 |
3,203 |
|
|
Tax on profit on ordinary activities |
(296) |
(261) |
(309) |
(236) |
(1,102) |
|
|
Profit on ordinary activities after taxation |
573 |
469 |
600 |
459 |
2,101 |
|
|
Minority interests |
(4) |
(8) |
(1) |
(11) |
(24) |
|
|
Profit for the financial period |
569 |
461 |
599 |
448 |
2,077 |
|
|
Earnings per share |
9.0p |
7.3p |
9.4p |
7.1p |
32.8p |
|
|
Fully diluted earnings per share |
8.9p |
7.2p |
9.2p |
6.9p |
32.2p |
|
|
(a)Including redundancy charges |
52 |
183 |
39 |
93 |
367 |
|
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