Quarterly analysis of revenue and profit
| |
|
Unaudited
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Quarters |
1st
|
|
2nd
|
|
3rd
|
|
4th
|
|
Total
|
|
| Year ended 31 March 2008 |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
|
Revenue |
|
5,033
|
|
5,095
|
|
5,154
|
|
5,422
|
|
20,704
|
|
|
Other operating income |
|
66
|
|
73
|
|
74
|
|
136
|
|
349
|
|
|
Operating costs |
|
(4,441
|
) |
(4,647
|
) |
(4,646
|
) |
(4,963
|
) |
(18,697
|
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit |
|
658
|
|
521
|
|
582
|
|
595
|
|
2,356
|
|
|
Net finance expense |
|
(55
|
) |
(92
|
) |
(134
|
) |
(97
|
) |
(378
|
) |
|
Share of post tax losses of associates and joint ventures |
|
(3
|
) |
(3
|
) |
(2
|
) |
(3
|
) |
(11
|
) |
|
Profit (loss) on disposal of associate |
|
–
|
|
9
|
|
1
|
|
(1
|
) |
9
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before taxation |
|
600
|
|
435
|
|
447
|
|
494
|
|
1,976
|
|
|
Taxation |
|
8
|
|
(96
|
) |
(82
|
) |
(68
|
) |
(238
|
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit for the period |
|
608
|
|
339
|
|
365
|
|
426
|
|
1,738
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share |
|
7.4
|
p |
4.2
|
p |
4.5
|
p |
5.4
|
p |
21.5
|
p |
|
Diluted earnings per share |
|
7.2
|
p |
4.1
|
p |
4.4
|
p |
5.3
|
p |
21.1
|
p |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before specific items and taxation |
|
650
|
|
617
|
|
581
|
|
658
|
|
2,506
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share before specific items |
|
5.9
|
p |
5.7
|
p |
5.7
|
p |
6.5
|
p |
23.9
|
p |
|
Diluted earnings per share before specific items |
|
5.8
|
p |
5.6
|
p |
5.6
|
p |
6.4
|
p |
23.4
|
p |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
Unaudited
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Quarters |
1st
|
|
2nd
|
|
3rd
|
|
4th
|
|
Total
|
|
|
Year ended 31 March 2007 |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
|
Revenue |
|
4,864
|
|
4,941
|
|
5,126
|
|
5,292
|
|
20,223
|
|
|
Other operating income |
|
50
|
|
52
|
|
55
|
|
76
|
|
233
|
|
|
Operating costs |
|
(4,255
|
) |
(4,334
|
) |
(4,626
|
) |
(4,700
|
) |
(17,915
|
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit |
|
659
|
|
659
|
|
555
|
|
668
|
|
2,541
|
|
|
Net finance (expense) income |
|
(46
|
) |
(55
|
) |
77
|
|
(70
|
) |
(94
|
) |
|
Share of post tax profits of associates and joint ventures |
|
2
|
|
5
|
|
7
|
|
1
|
|
15
|
|
|
Profit on disposal of associate |
|
–
|
|
20
|
|
–
|
|
2
|
|
22
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before taxation |
|
615
|
|
629
|
|
639
|
|
601
|
|
2,484
|
|
|
Taxation |
|
(151
|
) |
(154
|
) |
819
|
|
(146
|
) |
368
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit for the period |
|
464
|
|
475
|
|
1,458
|
|
455
|
|
2,852
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share |
|
5.6
|
p |
5.7
|
p |
17.6
|
p |
5.5
|
p |
34.4
|
p |
|
Diluted earnings per share |
|
5.5
|
p |
5.6
|
p |
17.1
|
p |
5.3
|
p |
33.6
|
p |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before specific items and taxation |
|
615
|
|
632
|
|
616
|
|
632
|
|
2,495
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share before specific items |
|
5.6
|
p |
5.7
|
p |
5.6
|
p |
5.8
|
p |
22.7
|
p |
|
Diluted earnings per share before specific items |
|
5.5
|
p |
5.6
|
p |
5.5
|
p |
5.6
|
p |
22.2
|
p |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
Unaudited
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| |
Quarters |
1st
|
|
2nd
|
|
3rd
|
|
4th
|
|
Total
|
|
|
Year ended 31 March 2006 |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
|
Revenue |
|
4,731
|
|
4,767
|
|
4,882
|
|
5,134
|
|
19,514
|
|
|
Other operating income |
|
42
|
|
53
|
|
54
|
|
78
|
|
227
|
|
|
Operating costs |
|
(4,137
|
) |
(4,234
|
) |
(4,265
|
) |
(4,610
|
) |
(17,246
|
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating profit |
|
636
|
|
586
|
|
671
|
|
602
|
|
2,495
|
|
|
Net finance expense |
|
(142
|
) |
(100
|
) |
(129
|
) |
(101
|
) |
(472
|
) |
|
Share of post tax profits of associates and joint ventures |
|
5
|
|
3
|
|
3
|
|
5
|
|
16
|
|
|
Profit on disposal of joint venture |
|
–
|
|
–
|
|
–
|
|
1
|
|
1
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before taxation |
|
499
|
|
489
|
|
545
|
|
507
|
|
2,040
|
|
|
Taxation |
|
(125
|
) |
(118
|
) |
(134
|
) |
(115
|
) |
(492
|
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit for the period |
|
374
|
|
371
|
|
411
|
|
392
|
|
1,548
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share |
|
4.4
|
p |
4.4
|
p |
4.9
|
p |
4.7
|
p |
18.4
|
p |
|
Diluted earnings per share |
|
4.4
|
p |
4.3
|
p |
4.8
|
p |
4.6
|
p |
18.1
|
p |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit before specific items and taxation |
|
511
|
|
559
|
|
545
|
|
562
|
|
2,177
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic earnings per share before specific items |
|
4.5
|
p |
5.0
|
p |
4.9
|
p |
5.1
|
p |
19.5
|
p |
|
Diluted earnings per share before specific items |
|
4.5
|
p |
4.9
|
p |
4.8
|
p |
5.1
|
p |
19.2
|
p |
|
|
|
|
|
|
|
|
|
|
|
|
|
