 |
|
|
|
|
Notes and page numbers |
2000
£m |
1999
£m |
 |
| Group and share of joint venture sales |
1 (p39) |
8,327.8 |
8,098.9 |
| Less: Share of joint venture sales |
|
(88.3) |
(27.7) |
|
| Group sales |
1 (p39) |
8,239.5 |
8,071.2 |
| Value added tax |
|
(580.3) |
(560.5) |
|
| Turnover, excluding value added tax |
1 (p39) |
7,659.2 |
7,510.7 |
| Cost of sales |
|
(6,045.3) |
(5,893.8) |
|
| Gross profit |
|
1,613.9 |
1,616.9 |
| Net operating expenses |
2 (p39) |
(1,296.5) |
(1,195.1) |
|
| Operating profit |
1 (p39) |
317.4 |
421.8 |
| Share of joint venture operating profit |
3 (p39) |
0.1 |
0.2 |
| Net property losses |
4 (p39) |
(9.0) |
(16.5) |
| Net interest payable and similar charges |
5 (p39) |
(72.4) |
(64.9) |
|
| Profit on ordinary activities before taxation |
6 (p40) |
236.1 |
340.6 |
| Tax on profit on ordinary activities |
8 (p40) |
(76.0) |
(107.1) |
|
| Profit on ordinary activities after taxation |
|
160.1 |
233.5 |
| Minority interest |
|
7.1 |
9.7 |
|
| Profit for the financial year |
|
167.2 |
243.2 |
| Dividends paid and proposed |
9 (p40) |
(82.7) |
(157.6) |
|
| Retained profit for the year |
|
84.5 |
85.6 |
| Repurchase of share capital, including expenses |
|
(161.7) |
- |
| QUEST contribution to share capital |
|
(2.7) |
- |
|
| Retained profit, beginning of the year |
|
1,163.6 |
1,078.0 |
|
| Retained profit, end of the year |
|
1,083.7 |
1,163.6 |
|
| Earnings per share |
10 (p41) |
|
|
| Before net property losses |
|
17.1p |
23.8p |
| Net property losses |
|
(0.9p) |
(1.5p) |
|
| Earnings per share |
|
16.2p |
22.3p |
|
| Diluted earnings per share |
|
16.2p |
22.2p |
|
There are no recognised gains or losses other than those shown in the profit and loss account above.
The accompanying Notes 1.0 to 24.0 and statement of general accounting policies form part of this profit and loss account.
A summary of profit before taxation is shown on page 29 and also in Note 1.0 on page 39.
These accounts are for the 52 week period to 1 April 2000 compared with the 53 week period to 3 April 1999. |
