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 consolidated profit and loss account For the year ended 31 December 2003 2003 Before goodwill 2003 amortisation Goodwill and amortisation exceptional and exceptional 2003 2002 items items Total Total Notes £’000 £’000 £’000 £’000 Turnover Continuing operations 147,108 – 147,108 147,365 Acquisitions 26,571 – 26,571 – Total turnover 2 173,679 – 173,679 147,365 Net operating costs Operating costs before goodwill amortisation 3,5 (130,569) (3,286) (133,855) (114,203) Goodwill amortisation 11 – (9,776) (9,776) (7,251) Total net operating costs (130,569) (13,062) (143,631) (121,454) Operating profit Continuing operations 37,653 (10,059) 27,594 25,911 Acquisitions 5,457 (3,003) 2,454 – Total operating profit 3 43,110 (13,062) 30,048 25,911 Interest receivable and similar income 6 95 166 Interest payable and similar charges 7 (3,620) (2,980) Profit on ordinary activities before taxation 26,523 23,097 Tax on profit on ordinary activities 8 (9,750) (9,420) Profit on ordinary activities after taxation 16,773 13,677 Dividends 9 (4,114) (3,761) Profit for the financial year transferred to reserves 12,659 9,916 Earnings per ordinary share Diluted (normalised) (p) 10 34.19 26.97 Diluted (p) 10 19.55 15.96 Basic (p) 10 19.69 16.12 To view the notes click here.