|
| |
|
 |
Group turnover of £18.5
billion |
|
New wave turnover of
£3.4 billion, up 30%
|
|
Profit before taxation,
goodwill amortisation and exceptional items of £2.0 billion, up 10%
|
|
Earnings per share
before goodwill amortisation and exceptional items of 16.9 pence, up 19% |
|
Net debt reduced from
£9.6 billion to £8.4 billion |
|
Dividends of 8.5 pence
per share for the year, up 31% |
| Years ended 31 March |
Continuing
activities |
|
|
|
|
| In £ million unless
otherwise stated |
2004 |
|
2003 |
|
2002 |
|
|
|
|
|
|
|
|
| Group turnover |
18,519 |
|
18,727 |
|
18,447 |
|
| Exceptional operating costs |
(33 |
) |
(48 |
) |
(3,990 |
) |
| Total operating profit (loss) |
2,839 |
|
2,901 |
|
(1,489 |
) |
| Profit on sale of fixed asset investments |
38 |
|
1,700 |
|
169 |
|
| Loss on sale of group undertakings |
(2 |
) |
(9 |
) |
(148 |
) |
| Profit on sale of property fixed assets |
14 |
|
11 |
|
1,089 |
|
| Amounts written off investments |
– |
|
(7 |
) |
(535 |
) |
| Profit (loss) before taxation |
1,948 |
|
3,157 |
|
(2,493 |
) |
| Profit (loss) after taxation |
1,409 |
|
2,698 |
|
(2,878 |
) |
|
|
|
|
|
|
|
| Basic earnings (loss) per share |
16.4 |
p |
31.2 |
p |
(34.8 |
)p |
| Dividends per share |
8.5 |
p |
6.5 |
p |
2.0 |
p |
|
|
|
|
|
|
|
| Profit before goodwill amortisation,
exceptional items and taxation |
2,016 |
|
1,829 |
|
1,273 |
|
| Basic earnings per share before goodwill
amortisation and exceptional items |
16.9 |
p |
14.2 |
p |
8.8 |
p |
|
|
|
|
|
|
|
| Net cash inflow from operating activities |
5,389 |
|
6,023 |
|
5,023 |
|
| Capital expenditure on property, plant
and equipment |
2,673 |
|
2,445 |
|
3,100 |
|
|
|
|
|
|
|
|
The financial information above is
discussed in the Financial review,
together with the reasons for focusing on the results from continuing
activities before goodwill amortisation and exceptional items.
The
Consolidated financial
statements can be found at this link.
|
