|
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.
|