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Financial headlines
  • Group turnover of £18.6 billion
  • New wave turnover of £4.5 billion, up 32%
  • Profit before taxation, goodwill amortisation and exceptional items of £2.1 billion, up 4%
  • Earnings per share before goodwill amortisation and exceptional items of 18.1 pence, up 7%
  • Net debt reduced from £8.4 billion to £7.8 billion
  • Dividends of 10.4 pence per share for the year, up 22%

Years ended 31 March  
In £ million unless otherwise stated
    2005     2004 a   2003 a

 
Group turnover
    18,623     18,519     18,727  
Exceptional operating costs
    (84 )   (33 )   (48 )
Total operating profit
    2,764     2,836     2,905  
Profit on sale of fixed asset investments
    358     38     1,705  
Loss on sale of group undertakings
        (2 )   (9 )
Profit on sale of property fixed assets
    22     14     11  
Profit before taxation
    2,343     1,945     3,173  
Profit after taxation
    1,820     1,406     2,714  

 
Basic earnings per share
    21.4 p   16.4 p   31.4 p
Dividends per share
    10.4 p   8.5 p   6.5 p

 
Profit before goodwill amortisation, exceptional items and taxation
    2,085     2,013     1,840  
Basic earnings per share before goodwill amortisation and exceptional items
    18.1 p   16.9 p   14.4 p

 
Net cash inflow from operating activities
    5,898     5,389     6,023  
Capital expenditure on property, plant and equipment
    3,011     2,673     2,445  

 
aRestated following the adoption of UITF17 and UITF38 (see note 1)

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.


 

     
group turnover net_debt earnings_chart
     

 

 

 

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