for the years ended 31 March |
|
2004 |
|
2003 |
|
2002 |
|
Notes |
£m |
|
£m |
|
£m |
 |
| Turnover, including share of joint ventures' |
|
9,104 |
|
9,566 |
|
7,821 |
| Less: share of joint ventures turnover continuing operations |
|
(71) |
|
(99) |
|
(141) |
Less: share of joint ventures turnover
discontinued operations |
|
|
|
(67) |
|
(126) |
|
| Group turnover continuing operations |
|
8,875 |
|
8,833 |
|
7,078 |
| Group turnover discontinued operations |
|
158 |
|
567 |
|
476 |
| Group turnover |
2(a) |
9,033 |
|
9,400 |
|
7,554 |
|
| Operating costs |
3 |
(7,178) |
|
(7,788) |
|
(6,494) |
|
| Operating profit of Group undertakings continuing operations |
2(b) |
1,855 |
|
1,806 |
|
1,558 |
| Operating loss of Group undertakings discontinued operations |
2(b) |
|
|
(194) |
|
(498) |
|
|
1,855 |
|
1,612 |
|
1,060 |
|
| Share of joint ventures operating profit/(loss) continuing operations |
2(b) |
7 |
|
15 |
|
(29) |
Share of joint ventures and associates operating profit/(loss)
discontinued operations |
2(b) |
|
|
109 |
|
(672) |
|
|
7 |
|
124 |
|
(701) |
|
| Operating profit |
|
|
|
|
|
|
| Before exceptional items and goodwill amortisation |
2(b) |
2,238 |
|
2,185 |
|
1,783 |
| Exceptional items continuing operations |
4(a) |
(277) |
|
(308) |
|
(285) |
| Exceptional items discontinued operations |
4(a) |
|
|
(39) |
|
(1,042) |
| Goodwill amortisation |
|
(99) |
|
(102) |
|
(97) |
| Total operating profit |
2(b) |
1,862 |
|
1,736 |
|
359 |
|
| Gain on assets held for exchange - discontinued operations |
4(b) |
226 |
|
- |
|
|
| Profit on disposal of tangible fixed assets continuing operations |
4(b) |
96 |
|
48 |
|
94 |
| Loss on sale or termination of operations discontinued operations |
4(b) |
|
|
(68) |
|
|
| Merger costs continuing operations |
4(b) |
|
|
(79) |
|
|
| Gain on sale of shares by employee share plan continuing operations |
4(b) |
|
|
|
|
31 |
| Profit on disposal of investments discontinued operations |
4(b) |
|
|
|
|
31 |
| Net interest |
|
|
|
|
|
|
| Excluding exceptional items |
8 |
(822) |
|
(939) |
|
(657) |
| Exceptional items |
4(c),8 |
|
|
(31) |
|
(142) |
| Total interest |
8 |
(822) |
|
(970) |
|
(799) |
|
| Profit/(loss) on ordinary activities before taxation |
|
1,362 |
|
667 |
|
(284) |
| Taxation |
|
|
|
|
|
|
| Excluding exceptional items |
9 |
(350) |
|
(373) |
|
(251) |
| Exceptional items |
4(d),9 |
89 |
|
128 |
|
166 |
| Total taxation |
9 |
(261) |
|
(245) |
|
(85) |
|
| Profit/(loss) on ordinary activities after taxation |
|
1,101 |
|
422 |
|
(369) |
| Minority interests |
|
|
|
|
|
|
| Excluding exceptional items |
|
(2) |
|
(3) |
|
(2) |
| Exceptional items |
4(e) |
|
|
(28) |
|
50 |
| Total minority interests |
|
(2) |
|
(31) |
|
48 |
|
| Profit/(loss) for the year |
|
|
|
|
|
|
| Before exceptional items and goodwill amortisation |
|
1,064 |
|
870 |
|
873 |
| Exceptional items operating |
4(a) |
(277) |
|
(347) |
|
(1,327) |
| Exceptional items non-operating |
4(b) |
322 |
|
(99) |
|
156 |
| Exceptional items financing |
4(c) |
|
|
(31) |
|
(142) |
| Exceptional items taxation |
4(d) |
89 |
|
128 |
|
166 |
| Exceptional items minority interests |
4(e) |
|
|
(28) |
|
50 |
| Goodwill amortisation |
|
(99) |
|
(102) |
|
(97) |
| Profit/(loss) for the year |
|
1,099 |
|
391 |
|
(321) |
| Dividends |
10 |
(609) |
|
(530) |
|
(580) |
|
| Profit/(loss) transferred to/(from) profit and loss account reserve |
24 |
490 |
|
(139) |
|
(901) |
|
| Earnings/(loss) per ordinary share |
|
|
|
|
|
|
| Basic, including exceptional items and goodwill amortisation |
11 |
35.8p |
|
12.7p |
|
(11.3)p |
| Adjusted basic, excluding exceptional items and goodwill amortisation |
11 |
34.7p |
|
28.3p |
|
30.8p |
| Diluted, including exceptional items and goodwill amortisation |
11 |
35.7p |
|
12.8p |
|
(10.1)p |
| Adjusted diluted, excluding exceptional items and goodwill amortisation |
11 |
34.6p |
|
27.9p |
|
30.2p |
|
|
The Notes to the Accounts form part of the Accounts.
|
| |
