Taylor and Francis Group plc five year record

	1999	2000	2001	2002	2003
	£’000	£’000	£’000	£’000	£’000
Turnover	95,879	116,355	137,326	147,365	173,679
Operating profit before exceptional items and goodwill amortisation	19,949	25,496	30,580	35,743	43,110
Exceptional items and goodwill amortisation	(5,864)	(5,571)	(8,284)	(9,832)	(13,062)
Operating profit	14,085	19,925	22,296	25,911	30,048
Profit on ordinary activities before taxation	10,540	15,791	18,475	23,097	26,523
Taxation	(5,096)	(6,890)	(7,579)	(9,420)	(9,750)
Profit on ordinary activities after taxation	5,444	8,901	10,896	13,677	16,773
Earnings per ordinary share
– basic	6.99p	11.05p	13.09p	16.12p	19.69p
– diluted before exceptional items and goodwill amortisation	12.77p	16.75p	22.00p	26.97p	34.19p
Dividends per share (net)	3.30p	3.63p	3.99p	4.39p	4.83p
	1999	2000	2001	2002	2003
	£’000	£’000	£’000	£’000	£’000
Fixed assets
Intangible assets	98,177	101,172	119,466	109,658	177,054
Tangible assets	4,281	3,560	3,415	4,565	6,194
Investments	–	–	–	–	6,705
	102,458	104,732	122,881	114,223	189,953
Current assets
Stocks	24,176	25,492	28,835	31,098	34,995
Debtors	25,605	28,888	36,106	35,782	38,694
Investments and cash at bank and in hand	20,848	21,112	13,664	18,058	13,132
	70,629	75,492	78,605	84,938	86,821
Creditors: amounts falling due within one year	(48,931)	(49,887)	(57,042)	(63,188)	(19,173)
Net current assets	21,698	25,605	21,563	21,750	67,648
Total assets less current liabilities	124,156	130,337	144,444	135,973	257,601
Creditors: amounts falling due after more than one year	(35,406)	(30,166)	(16,514)	–	(95,099)
Provisions for liabilities and charges	(58)	(343)	–	–	–
Accruals and deferred income	(32,640)	(36,367)	(54,348)	(58,089)	(72,835)
Net assets	56,052	63,461	73,582	77,884	89,667
Figures prior to 2001 have not been restated for the adoption of FRS 19.