| |
|
2001
£m |
2000
£m |
1999
£m |
1998
£m |
1997
£m |
 |
| Turnover |
– continuing operations |
3,446.2 |
3,061.5 |
2,814.0 |
2,225.1 |
2,014.5 |
|
– discontinued operations |
1,492.0 |
1,591.4 |
957.3 |
912.0 |
868.2 |
|
|
|
4,958.2 |
4,652.9 |
3,771.3 |
3,171.1 |
2,882.7 |
|
| Operating prrofit |
– continuing operations |
524.6 |
464.9 |
421.9 |
375.6 |
337.1 |
|
– discontinued operations |
126.7 |
157.9 |
109.3 |
94.2 |
88.9 |
|
| |
|
651.3 |
622.8 |
531.2 |
469.8 |
426.0 |
| Goodwill amortisation |
(48.7) |
(35.5) |
(5.9) |
|
|
| Operating profit (after goodwill amortisation) |
602.6 |
587.3 |
525.3 |
469.8 |
426.0 |
| Net interest |
(116.2) |
(80.7) |
(46.7) |
(22.6) |
(12.8) |
| Profit before exceptional items |
486.4 |
506.6 |
478.6 |
447.2 |
413.2 |
| Exceptional items |
(598.7) |
(22.6) |
(15.0) |
3.7 |
(1.0) |
| Profit before taxation |
(112.3) |
484.0 |
436.6 |
450.9 |
412.2 |
| Profit after taxation |
(204.4) |
325.7 |
316.8 |
305.7 |
281.2 |
| Minority interests |
(1.6) |
(1.7) |
(1.1) |
(2.3) |
(2.3) |
|
| Shareholders' equity |
865.7 |
787.4 |
605.7 |
275.8 |
614.5 |
| Represented by: |
|
|
|
|
|
| Intangible fixed assets |
678.3 |
851.4 |
380.5 |
0.0 |
0.0 |
| Tangible fixed assets and investments |
957.2 |
1,018.8 |
907.8 |
723.0 |
584.8 |
| Net current assets |
350.0 |
382.9 |
290.8 |
193.8 |
164.6 |
| Net debt |
(1,119.8) |
(1,465.7) |
(973.4) |
(641.0) |
(134.9) |
|
| Funds employed |
865.7 |
787.4 |
605.7 |
275.8 |
614.5 |
| Goodwill charged directly to reserves |
1,753.3 |
2,223.6 |
2,223.6 |
2,222.3 |
1,576.0 |
|
| Shareholder investment |
2,619.0 |
3,011.0 |
2,829.3 |
2,498.1 |
2,190.5 |
|
| |
|
|
|
|
|
|
Ratios
|
|
|
|
|
|
| Operating profit before goodwill amortisation:
turnover (%) |
13.1 |
13.4 |
14.1 |
15.0 |
14.8 |
| Taxation before goodwill amortisation and
exceptional items (%) |
29.2 |
30.6 |
30.9 |
31.2 |
31.8 |
| After tax return on average shareholder
investment (%) |
12.5 |
12.9 |
12.6 |
13.1 |
12.6 |
| |
|
|
|
|
|
| Cash-flow |
|
|
|
|
|
| Cash-flow from operating activities |
701.0 |
666.6 |
551.3 |
484.9 |
444.6 |
| Less capital expenditure (net) |
(188.0) |
(168.2) |
(135.1) |
(102.2) |
(105.8) |
|
| Operating cash after capital expenditure |
513.0 |
498.4 |
416.2 |
382.7 |
338.8 |
| Free cash-flow (before acquisitions and
dividends, after capital expenditure) |
279.5 |
336.5 |
223.7 |
215.7 |
201.0 |
| Free cash-flow per share (p) |
50.6 |
61.7 |
41.8 |
40.9 |
38.4 |
|
| |
|
|
|
|
|
| Earnings per share before
goodwill amortisation and exceptional items (p) |
68.3 |
68.6 |
62.7 |
58.4 |
53.8 |
| Dividends |
|
|
|
|
|
| Pence per share |
25.0 |
23.80 |
21.65 |
19.65 |
17.85 |
| Times covered before goodwill amortisation |
2.7 |
2.5 |
2.4 |
2.4 |
2.4 |
| |
|
|
|
|
|
| Number of employees (000's)
|
|
|
|
|
|
| UK |
13.5 |
15.1 |
15.4 |
15.6 |
10.9 |
| Overseas |
24.2 |
45.7 |
37.4 |
32.3 |
27.6 |
|
|
37.7 |
60.8 |
52.8 |
47.9 |
38.5 |
|
|
