EMBRACING CHANGE
PASSION, PEOPLE, PRODUCT
PRODUCT AND PRICE
BEST AT FRESH
BEST AT AVAILABILITY
BEST AT CUSTOMER SERVICE
THE SAFEWAY BOARD
FINANCIAL REVIEW
THE ACCOUNTS
OUR STORES |
|
|
|
|
|
|
|
Group |
|
Company |
 |
|
2000 |
1999 |
2000 |
1999 |
|
£m |
£m |
£m |
£m |
|
| Profit for the financial year |
167.2 |
243.2 |
68.7 |
160.1 |
| Dividends paid and proposed |
(82.7) |
(157.6) |
(82.7) |
(157.6) |
|
| Retained profit for the year |
84.5 |
85.6 |
(14.0) |
2.5 |
| New share capital subscribed, including premium |
8.3 |
6.9 |
8.3 |
6.9 |
| New share capital issued, by way of scrip dividends |
- |
23.7 |
- |
23.7 |
| Repurchase of share capital, including expenses |
(161.7) |
- |
(161.7) |
- |
| QUEST contribution to share capital |
(2.7) |
- |
(2.7) |
- |
|
| Net (reduction in)/addition to shareholders' funds |
(71.6) |
116.2 |
(170.1) |
33.1 |
| Equity shareholders' funds, beginning of year |
2,123.1 |
2,006.9 |
1,900.7 |
1,867.6 |
|
| Equity shareholders' funds, end of year |
2,051.5 |
2,123.1 |
1,730.6 |
1,900.7 |
|
The accompanying Notes 1.0 to 24.0 and statement of general accounting policies form part of this reconciliation. |
