Quarterly analysis of turnover and profit
|
 |
|
|
|
|
|
|
|
|
|
|
|
| Year
ended 31 March 2003 |
|
Unaudited |
|
|
| |
|
|
| Quarters |
|
1st |
|
2nd |
|
3rd |
|
4th |
|
Total |
|
| Continuing
and total activities |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
|
| Total
turnover |
|
4,998 |
|
5,094 |
|
5,124 |
|
4,966 |
|
20,182 |
|
| Group’s
share of associates’ and joint ventures’ turnover |
|
(411 |
) |
(433 |
) |
(423 |
) |
(188 |
) |
(1,455 |
) |
|
| Group
turnover |
|
4,587 |
|
4,661 |
|
4,701 |
|
4,778 |
|
18,727 |
|
| Other
operating income |
|
52 |
|
44 |
|
52 |
|
67 |
|
215 |
|
|
| Group
operating profit |
562 |
|
726 |
|
555 |
|
729 |
|
2,572 |
|
| Group’s
share of operating profit of associates and joint
ventures |
49 |
|
66 |
|
197 |
|
17 |
|
329 |
|
|
| Total
operating profit |
611 |
|
792 |
|
752 |
|
746 |
|
2,901 |
|
| Profit
(loss) on sale of fixed asset investments and group
undertakings |
70 |
|
(4 |
) |
99 |
|
1,526 |
|
1,691 |
|
| Profit
on sale of property fixed assets |
3 |
|
3 |
|
1 |
|
4 |
|
11 |
|
| Amounts
written off investments |
|
– |
|
(7 |
) |
– |
|
– |
|
(7 |
) |
| Net
interest payable |
|
(300 |
) |
(295 |
) |
(285 |
) |
(559 |
) |
(1,439 |
) |
|
| Profit
on ordinary activities before taxation |
|
384 |
|
489 |
|
567 |
|
1,717 |
|
3,157 |
|
| Tax
on profit on ordinary activities |
|
(107 |
) |
(165 |
) |
(116 |
) |
(71 |
) |
(459 |
) |
|
| Profit
on ordinary activities after taxation |
|
277 |
|
324 |
|
451 |
|
1,646 |
|
2,698 |
|
| Minority
interests |
|
(2 |
) |
(9 |
) |
(6 |
) |
5 |
|
(12 |
) |
|
| Profit
for the financial period |
|
275 |
|
315 |
|
445 |
|
1,651 |
|
2,686 |
|
|
| Basic
earnings per share |
|
3.2 |
p |
3.7 |
p |
5.2 |
p |
19.1 |
p |
31.2 |
p |
| Diluted
earnings per share |
|
3.2 |
p |
3.6 |
p |
5.1 |
p |
19.0 |
p |
31.0 |
p |
|
| Profit
before goodwill amortisation, exceptional items
and taxation |
322 |
|
496 |
|
521 |
|
490 |
|
1,829 |
|
| Basic
earnings per share before goodwill amortisation
and |
|
|
|
|
|
|
|
|
|
|
| exceptional
items |
2.5 |
p |
3.7 |
p |
4.1 |
p |
3.9 |
p |
14.2 |
p |
| Diluted
earnings per share before goodwill amortisation
and |
|
|
|
|
|
|
|
|
|
|
| exceptional
items |
2.5 |
p |
3.7 |
p |
4.1 |
p |
3.9 |
p |
14.1 |
p |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Year
ended 31 March 2002 |
|
Unaudited |
|
|
| |
|
|
| Quarters |
|
1st |
|
2nd |
|
3rd |
|
4th |
|
Total |
|
| Continuing
activities |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
|
| Total
turnover |
|
5,434 |
|
5,487 |
|
5,383 |
|
5,511 |
|
21,815 |
|
| Group’s
share of associates’ and joint ventures’ turnover |
|
(1,101 |
) |
(1,087 |
) |
(929 |
) |
(932 |
) |
(4,049 |
) |
| Trading
between group and principal joint venture |
|
165 |
|
157 |
|
203 |
|
156 |
|
681 |
|
|
| Group
turnover |
|
4,498 |
|
4,557 |
|
4,657 |
|
4,735 |
|
18,447 |
|
| Other
operating income |
|
93 |
|
74 |
|
91 |
|
103 |
|
361 |
|
|
| Group
operating profit (loss) |
650 |
|
534 |
|
693 |
|
(1,923 |
) |
(46 |
) |
| Group’s
share of operating loss of associates and joint
ventures |
(70 |
) |
(816 |
) |
(174 |
) |
(383 |
) |
(1,443 |
) |
|
| Total
operating profit (loss) |
580 |
|
(282 |
) |
519 |
|
(2,306 |
) |
(1,489 |
) |
| Profit
(loss) on sale of fixed asset investments and group
undertakings |
127 |
|
2 |
|
(165 |
) |
57 |
|
21 |
|
| Profit
on sale of property fixed assets |
5 |
|
7 |
|
1,072 |
|
5 |
|
1,089 |
|
| Amounts
written off investments |
|
– |
|
(535 |
) |
– |
|
– |
|
(535 |
) |
| Net
interest payable |
|
(446 |
) |
(352 |
) |
(480 |
) |
(301 |
) |
(1,579 |
) |
|
| Profit
(loss) on ordinary activities before taxation |
|
266 |
|
(1,160 |
) |
946 |
|
(2,545 |
) |
(2,493 |
) |
| Tax
on profit (loss) on ordinary activities |
|
(102 |
) |
(117 |
) |
(124 |
) |
(42 |
) |
(385 |
) |
|
| Profit
(loss) on ordinary activities after taxation |
|
164 |
|
(1,277 |
) |
822 |
|
(2,587 |
) |
(2,878 |
) |
| Minority
interests |
|
– |
|
(1 |
) |
– |
|
(9 |
) |
(10 |
) |
|
| Profit
(loss) for the financial period |
|
164 |
|
(1,278 |
) |
822 |
|
(2,596 |
) |
(2,888 |
) |
|
| Basic
earnings (loss) per share |
|
2.2 |
p |
(15.0 |
)p |
9.6 |
p |
(30.2 |
)p |
(34.8 |
)p |
| Diluted
earnings (loss) per share |
|
2.2 |
p |
(15.0 |
)p |
9.5 |
p |
(30.2 |
)p |
(34.8 |
)p |
|
| Profit
before goodwill amortisation, exceptional items
and taxation |
200 |
|
321 |
|
381 |
|
371 |
|
1,273 |
|
| Basic
earnings per share before goodwill amortisation
and |
|
|
|
|
|
|
|
|
|
|
| exceptional
items |
1.3 |
p |
2.4 |
p |
2.6 |
p |
2.6 |
p |
8.8 |
p |
| Diluted
earnings per share before goodwill amortisation
and |
|
|
|
|
|
|
|
|
|
|
| exceptional
items |
1.2 |
p |
2.4 |
p |
2.6 |
p |
2.6 |
p |
8.8 |
p |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Year
ended 31 March 2002 |
|
Unaudited |
|
|
| |
|
|
| Quarters |
|
1st |
|
2nd |
|
3rd |
|
4th |
|
Total |
|
| Total
Group |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
|
| Total
turnover |
|
7,054 |
|
6,261 |
|
5,816 |
|
5,511 |
|
24,642 |
|
| Group’s
share of associates’ and joint ventures’ turnover |
|
(1,765 |
) |
(1,114 |
) |
(953 |
) |
(932 |
) |
(4,764 |
) |
| Trading
between group and principal joint venture |
|
165 |
|
157 |
|
203 |
|
156 |
|
681 |
|
|
| Group
turnover |
|
5,454 |
|
5,304 |
|
5,066 |
|
4,735 |
|
20,559 |
|
| Other
operating income |
|
96 |
|
72 |
|
91 |
|
103 |
|
362 |
|
|
| Group
operating profit (loss) |
500 |
|
344 |
|
600 |
|
(1,923 |
) |
(479 |
) |
| Group’s
share of operating loss of associates and joint
ventures |
(10 |
) |
(814 |
) |
(174 |
) |
(383 |
) |
(1,381 |
) |
|
| Total
operating profit (loss) |
490 |
|
(470 |
) |
426 |
|
(2,306 |
) |
(1,860 |
) |
| Profit
on sale of fixed assets investments and group undertakings |
4,484 |
|
11 |
|
(163 |
) |
57 |
|
4,389 |
|
| Profit
on sale of property fixed assets |
5 |
|
7 |
|
1,072 |
|
5 |
|
1,089 |
|
| Amounts
written off investments |
|
– |
|
(535 |
) |
– |
|
– |
|
(535 |
) |
| Net
interest payable |
|
(474 |
) |
(362 |
) |
(485 |
) |
(301 |
) |
(1,622 |
) |
|
| Profit
(loss) on ordinary activities before taxation |
|
4,505 |
|
(1,349 |
) |
| |
