 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended 31 July 2001 |
Year ended 31 July 2000 |
|
|
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|
Note |
Ordinary
activities
£m |
Discontinued
businesses
£m |
Goodwill
amortisation
£m |
Exceptional
items
£m |
Total
£m |
Ordinary
activities
£m |
Discontinued
businesses
£m |
Goodwill
amortisation
£m |
Exceptional
items
£m |
Total
£m |
|
| Continuing operations |
|
3,398.3 |
|
|
|
3,398.3 |
3,061.5 |
|
|
|
3,061.5 |
| Acquisitions |
|
67.9 |
|
|
|
67.9 |
|
|
|
|
|
| Discontinued businesses |
|
|
1,492.0 |
|
|
1,492.0 |
|
1,591.4 |
|
|
1,591.4 |
|
| Turnover |
1 & 2 |
3,466.2 |
1,492.0 |
|
|
4,958.2 |
3,061.5 |
1,591.4 |
|
|
4,652.9 |
|
| Continuing operations |
3 & 4 |
516.0 |
|
(31.0) |
(115.8) |
369.2 |
464.9 |
|
(20.5) |
(10.6) |
433.8 |
| Acquisitions |
|
8.6 |
|
(3.6) |
|
5.0 |
|
|
|
|
|
| Discontinued businesses |
|
|
123.7 |
(14.1) |
(17.7) |
91.9 |
|
153.6 |
(15.0) |
(8.7) |
129.9 |
|
| Operating profit |
5 & 6 |
524.6 |
123.7 |
(48.7) |
(133.5) |
466.1 |
464.9 |
153.6 |
(35.5) |
(19.3) |
563.7 |
| Share of profits of associated companies |
|
|
3.0 |
|
|
3.0 |
|
4.3 |
|
|
4.3 |
|
| Total group operating profit |
|
524.6 |
126.7 |
(48.7) |
(133.5) |
469.1 |
464.9 |
157.9 |
(35.5) |
(19.3) |
568.0 |
| Exceptional items – merger costs |
6 |
|
|
|
(54.2) |
(54.2) |
|
|
|
|
|
| – loss on disposal of businesses |
6 |
|
|
|
(286.0) |
(286.0) |
|
|
|
(3.3) |
(3.3) |
| – write-down of goodwill on anticipated future
disposals |
6 |
|
|
|
(125.0) |
(125.0) |
|
|
|
|
|
|
| Profit before interest and tax |
|
524.6 |
126.7 |
(48.7) |
(598.7) |
3.9 |
464.9 |
157.9 |
(35.5) |
(22.6) |
564.7 |
| Net interest payable |
7 |
(76.5) |
(39.7) |
|
|
(116.2) |
(37.1) |
(43.6) |
|
|
(80.7) |
|
| Profit/(loss) before taxation |
|
448.1 |
87.0 |
(48.7) |
(598.7) |
(112.3) |
427.8 |
114.3 |
(35.5) |
(22.6) |
484.0 |
| Taxation |
9 |
(129.9) |
(26.3) |
3.6 |
60.5 |
(92.1) |
(131.0) |
(35.0) |
1.6 |
6.1 |
(158.3) |
|
| Profit/(loss) after taxation |
|
318.2 |
60.7 |
(45.1) |
(538.2) |
(204.4) |
296.8 |
79.3 |
(33.9) |
(16.5) |
325.7 |
| Minority interests |
|
(1.1) |
(0.5) |
|
|
(1.6) |
(1.0) |
(0.7) |
|
|
(1.7) |
|
| Profit/(loss) for the period |
|
317.1 |
60.2 |
(45.1) |
(538.2) |
(206.0) |
295.8 |
78.6 |
(33.9) |
(16.5) |
324.0 |
| Dividends |
10 |
(199.5) |
|
|
|
(199.5) |
(165.6) |
|
|
|
(165.6) |
|
| Retained profit/(loss) |
29 & 30 |
117.6 |
60.2 |
(45.1) |
(538.2) |
(405.5) |
130.2 |
78.6 |
(33.9) |
(16.5) |
158.4 |
|
| Earnings/(loss) per share |
11 |
|
|
|
|
|
|
|
|
|
|
| Basic |
|
57.4p |
10.9p |
(8.2p) |
(97.4p) |
(37.3p) |
54.2p |
14.4p |
(6.2p) |
(3.0p) |
59.4p |
| Fully-diluted |
|
57.2p |
10.8p |
(8.1p) |
(97.0p) |
(37.1p) |
54.0p |
14.4p |
(6.2p) |
(3.0p) |
59.2p |
|
Note: Dividends totalling £199.5m include a special
interim dividend of 12p per share (£60.6m) paid on TI Group plc shares
in issue
prior to the merger.
|
