- Annual Report 2005
- Financial Section
- Group Profit and Loss Accout
GROUP PROFIT AND LOSS ACCOUNT
for the year ended 2nd October, 2005
Note | 2005 Before amortisation and impairment of intangible assets and exceptional items £m | 2005 Amortisation and impairment of intangible assets and exceptional items £m | 2005 Total £m | 2004 Total £m | |
|---|---|---|---|---|---|
| Turnover | |||||
| Continuing operations | 2,117.9 | – | 2,117.9 | 2,108.5 | |
| Acquisitions | 19.8 | – | 19.8 | – | |
| 1 | 2,137.7 | – | 2,137.7 | 2,108.5 | |
| Operating profit before amortisation and impairment of intangible assets and exceptional items | |||||
| Continuing operations | 291.2 | – | 291.2 | 283.6 | |
| Acquisitions | 6.1 | – | 6.1 | – | |
| 2 | 297.3 | – | 297.3 | 283.6 | |
| Operating exceptional items – continuing operations | – | (13.9) | (13.9) | (17.8) | |
| Amortisation and impairment of intangible assets | |||||
| Continuing operations | – | (71.5) | (71.5) | (84.1) | |
| Acquisitions | – | (4.7) | (4.7) | – | |
| 2 | – | (76.2) | (76.2) | (84.1) | |
| Operating profit | |||||
| Continuing operations | 291.2 | (85.4) | 205.8 | 181.7 | |
| Acquisitions | 6.1 | (4.7) | 1.4 | – | |
| 2 | 297.3 | (90.1) | 207.2 | 181.7 | |
| Share of operating profits and losses of joint ventures and associates | 4 | 8.4 | (11.1) | (2.7) | (8.8) |
| *Total operating profit – Group and share of joint ventures and associates* | 305.7 | (101.2) | 204.5 | 172.9 | |
| Profit on sale of fixed assets | 5 | – | 10.9 | 10.9 | 6.1 |
| Profit on disposal and closure of businesses | 6 | – | 2.3 | 2.3 | 5.3 |
| Income from other fixed asset investments | 7 | 2.6 | – | 2.6 | 3.4 |
| Amounts written off investments | 23 | – | (2.5) | (2.5) | – |
| Profit on ordinary activities before interest and finance charges | 308.3 | (90.5) | 217.8 | 187.7 | |
| Net interest payable | 8 | (51.6) | – | (51.6) | (59.7) |
| Other finance charges | 9 | (3.3) | – | (3.3) | (3.4) |
| Net interest payable and similar charges | (54.9) | – | (54.9) | (63.1) | |
| Profit on ordinary activities before taxation | 253.4 | (90.5) | 162.9 | 124.6 | |
| Taxation on profit on ordinary activities | 10 | (57.2) | 4.2 | (53.0) | (57.2) |
| Profit on ordinary activities after taxation | 196.2 | (86.3) | 109.9 | 67.4 | |
| Equity interest of minority shareholders | (13.3) | 2.2 | (11.1) | (5.7) | |
| Profit for the financial year | 182.9 | (84.1) | 98.8 | 61.7 | |
| Dividends | 12 | (47.5) | (43.7) | ||
| Retained profit | 32 | 51.3 | 18.0 | ||
| Basic earnings per share | 13 | 24.9p | 15.5p | ||
| Diluted earnings per share | 13 | 24.9p | 15.4p | ||
| *Adjusted earnings per share (before amortisation and impairment of intangible assets and exceptional items)* | 13 | 46.2p | 41.6p |