Informa Group plc consolidated profit and loss account Informa Group plc consolidated cashflow statement Informa group plc consolidated balance sheet Taylor & Francis Group plc consolidated profit and loss account Taylor & Francis Group plc consolidated cashflow statement Taylor & Francis Group plc – group and company balance sheets

Informa Group plc consolidated profit and loss account For the year ended 31 December 2003       2003     2002       Before Exceptional   Before Exceptional       Exceptional items   Exceptional items       items (note 4) Total items (note 4) Total   Notes £000 £000 £000 £000 £000 £000 Turnover   267,997 – 267,997 283,442 – 283,442   Operating profit before               goodwill amortisation   37,482 (8,543) 28,939 37,255 (6,454) 30,801 Goodwill amortisation   (11,534) – (11,534) (10,992) – (10,992) Operating profit   25,948 (8,543) 17,405 26,263 (6,454) 19,809 Loss on sale and termination of operations 4 – (3,822) (3,822) – (525) (525) Profit on ordinary activities               before interest   25,948 (12,365) 13,583 26,263 (6,979) 19,284 Net interest payable and similar charges 5 (5,847) – (5,847) (7,200) – (7,200) Profit on ordinary activities               before tax 6 20,101 (12,365) 7,736 19,063 (6,979) 12,084 Tax on profit on ordinary activities 9 (8,858) 2,065 (6,793) (9,167) 1,909 (7,258) Profit on ordinary activities               after tax   11,243 (10,300) 943 9,896 (5,070) 4,826 Minority interests – equity 23     (84)     (59) Profit for the year attributable               to the shareholders       859     4,767 Equity dividends paid and proposed 11     (11,089)     (9,692) Retained loss for the year       (10,230)     (4,925) Earnings per share (basic) 12     0.65p     3.74p Earnings per share (diluted) 12     0.65p     3.74p Adjusted basic earnings per share 12     17.23p     16.36p A note on historical cost profits and losses has not been included as part of these accounts as the results as disclosed in the profit and loss account are prepared on an unmodified historical cost basis. All results in the current and previous years are derived from continuing operations. Acquisitions made during 2003 contributed revenue of £9,596,000 which is included in the figures shown above. It is not possible to separately identify the profit from these operations as they have been integrated upon acquisition. To view the notes click here.