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| Group Five Year Financial Review |
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Year ended 31 December |
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|
Prepared under UK GAAP |
Prepared under IFRS |
|
|
|
| |
2003 |
2004 |
2005 |
2006 |
2007 |
|
£m |
£m |
£m |
£m |
£m |
|
| Revenue |
2,481.3 |
2,410.6 |
2,285.2 |
2,269.9 |
2,379.1 |
|
| Adjusted* operating profit |
65.9 |
66.2 |
28.9 |
33.3 |
41.7 |
|
| Profit before tax* |
65.2 |
67.9 |
35.7 |
38.0 |
42.7 |
|
| Profit for the year |
46.3 |
48.3 |
20.4 |
18.9 |
28.9 |
|
| Adjusted* diluted earnings per share
|
24.6p |
25.6p |
11.8p |
13.8p |
18.5p |
|
| Year-end headcount |
9,716 |
9,610 |
9,370 |
9,328 |
9,903 |
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| * Before amortisation of acquired intangibles and exceptional items. Adjusted operating profit is stated after charging finance costs on customer-specific financing. |
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| Group Summary Balance Sheet |
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Year ended 31 December |
|
|
Prepared under UK GAAP |
Prepared under IFRS |
|
|
|
| |
2003 |
2004 |
2005 |
2006 |
2007 |
| |
£m |
£m |
£m |
£m |
£m |
|
| Tangible assets |
100.6 |
89.9 |
81.6 |
84.9 |
116.4 |
|
| Intangible assets |
4.2 |
7.9 |
9.5 |
9.9 |
45.2 |
|
| Investments |
11.0 |
0.4 |
0.3 |
– |
– |
|
| Deferred tax asset |
– |
1.5 |
5.5 |
6.2 |
8.2 |
|
| Inventories |
134.1 |
118.9 |
100.2 |
94.6 |
110.5 |
|
| Trade and other receivables |
394.1 |
399.4 |
383.0 |
427.3 |
454.2 |
|
| Prepayments and accrued income |
48.2 |
55.2 |
63.5 |
50.4 |
61.4 |
|
| Forward currency contracts |
– |
– |
0.2 |
0.1 |
(0.4) |
|
| Cash |
97.0 |
138.2 |
164.8 |
77.9 |
29.2 |
|
| Assets held in disposal groups held for sale |
– |
9.2 |
– |
– |
– |
|
| Current liabilities |
(466.8) |
(468.6) |
(461.9) |
(459.8) |
(496.1) |
|
| Non-current liabilities |
(13.9) |
(19.8) |
(16.0) |
(26.4) |
(50.4) |
|
| Liabilities included in disposal groups held for sale |
– |
(6.9) |
– |
– |
– |
|
| Net assets |
308.5 |
325.3 |
330.7 |
265.1 |
278.2 |
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 Revenue |
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| Adjusted operating profit |
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| Profit before tax |
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| Profit for the year |
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| Adjusted diluted earnings per share |
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