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

Taylor & Francis Group plc – group and company balance sheets As at 31 December 2003     Group Company     2003 2002 2003 2002   Notes £’000 £’000 £’000 £’000 Fixed assets           Intangible assets 11 177,054 109,658 – – Tangible assets 12 6,194 4,565 – – Investments 13 6,705 – 163,268 94,029     189,953 114,223 163,268 94,029 Current assets           Stocks 14 34,995 31,098 – – Debtors due within one year 15(a) 38,194 34,754 4,357 9,496 Debtors due after more than one year 15(b),18 500 1,028 – – Investments 16 – 11,988 – 11,988 Cash at bank and in hand   13,132 6,070 3,448 1,301     86,821 84,938 7,805 22,785 Creditors: amounts falling due within one year 17(a) (19,173) (63,188) (3,165) (44,573) Net current assets/(liabilities)   67,648 21,750 4,640 (21,788) Total assets less current liabilities   257,601 135,973 167,908 72,241   Creditors: amounts falling due after more than one year 17(b) (95,099) – (95,099) – Accruals and deferred income 20 (72,835) (58,089) (665) (991)     89,667 77,884 72,144 71,250 Capital and reserves           Called up share capital 21 4,293 4,284 4,293 4,284 Share premium account 22 44,842 44,283 44,842 44,283 Reserve for own shares 23 1,267 1,267 1,267 1,267 Profit and loss account 24 39,265 28,050 21,742 21,416 Equity shareholders’ funds   89,667 77,884 72,144 71,250 These financial statements were approved by the Board of Directors on 2 March 2004 and were signed on its behalf by: D Smith         A Foye Director         Director To view the notes click here.