|
| Year
ended 31 March 2004 |
|
|
Unaudited |
|
|
|
|
|
| |
|
|
|
|
|
|
|
| Quarters |
1st |
|
2nd |
|
3rd |
|
4th |
|
Total |
|
| |
£m |
£m |
£m |
£m |
£m |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| Total
turnover |
4,693 |
|
4,667 |
|
4,676 |
|
4,878 |
|
18,914 |
|
| Group’s
share of associates’ and joint ventures’ turnover |
(107 |
) |
(99 |
) |
(98 |
) |
(91 |
) |
(395 |
) |
|
|
|
|
|
|
|
|
|
|
|
| Group
turnover |
4,586 |
|
4,568 |
|
4,578 |
|
4,787 |
|
18,519 |
|
| Other
operating income |
52 |
|
44 |
|
37 |
|
44 |
|
177 |
|
|
|
|
|
|
|
|
|
|
|
|
| Group
operating profit |
727 |
|
745 |
|
740 |
|
661 |
|
2,873 |
|
| Group’s
share of operating (loss) profit of associates and joint ventures |
(3 |
) |
(4 |
) |
5 |
|
(32 |
) |
(34 |
) |
|
|
|
|
|
|
|
|
|
|
|
| Total
operating profit |
724 |
|
741 |
|
745 |
|
629 |
|
2,839 |
|
| Profit
(loss) on sale of fixed asset investments and group undertakings |
(1 |
) |
– |
|
33 |
|
4 |
|
36 |
|
| Profit
on sale of property fixed assets |
– |
|
1 |
|
1 |
|
12 |
|
14 |
|
| Net
interest payable |
(225 |
) |
(234 |
) |
(260 |
) |
(222 |
) |
(941 |
) |
|
|
|
|
|
|
|
|
|
|
|
| Profit
on ordinary activities before taxation |
498 |
|
508 |
|
519 |
|
423 |
|
1,948 |
|
| Tax
on profit on ordinary activities |
(153 |
) |
(132 |
) |
(133 |
) |
(121 |
) |
(539 |
) |
|
|
|
|
|
|
|
|
|
|
|
| Profit
on ordinary activities after taxation |
345 |
|
376 |
|
386 |
|
302 |
|
1,409 |
|
| Minority
interests |
6 |
|
1 |
|
– |
|
1 |
|
8 |
|
|
|
|
|
|
|
|
|
|
|
|
| Profit
for the financial period |
351 |
|
377 |
|
386 |
|
303 |
|
1,417 |
|
|
|
|
|
|
|
|
|
|
|
|
| Basic
earnings per share |
4.1 |
p |
4.3 |
p |
4.5 |
p |
3.5 |
p |
16.4 |
p |
| Diluted
earnings per share |
4.0 |
p |
4.3 |
p |
4.4 |
p |
3.5 |
p |
16.3 |
p |
|
|
|
|
|
|
|
|
|
|
|
| Profit
before goodwill amortisation, exceptional items and taxation |
502 |
|
529 |
|
526 |
|
459 |
|
2,016 |
|
| Basic
earnings per share before goodwill amortisation and |
|
|
|
|
|
|
|
|
|
|
| exceptional
items |
4.1 |
p |
4.4 |
p |
4.4 |
p |
3.9 |
p |
16.9 |
p |
| Diluted
earnings per share before goodwill amortisation and |
|
|
|
|
|
|
|
|
|
|
| exceptional
items |
4.1 |
p |
4.4 |
p |
4.4 |
p |
3.9 |
p |
16.8 |
p |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Year
ended 31 March 2003 |
|
|
Unaudited |
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
| Quarters |
1st |
|
2nd |
|
3rd |
|
4th |
|
Total |
|
| |
£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 |
|
|
|
|
|
|
|
|
|
|
|
|
