| The group made a return
before goodwill amortisation and impairment of 14.9% on the average capital
employed in its business excluding goodwill, on a historical cost basis, in the
2001 financial year, compared with returns of 18.2% and 19.2% in the 2000 and
1999 financial years, respectively. The declining returns reflect the reduced
margins earned in an increasingly capital intensive business. |
