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Share Price: . WTB. 1089.00 -48.00 . at 21/08/08 . 06:08 PM GMT

Investors

5 Year Financial Summary


Profit and Loss Account - £m


  2003/4 2004/5 2005/6 2006/7 2007/8
  UKGAAP IFRS IFRS IFRS IFRS
Group turnover * 1,788.2 1,450.5 1,584.0 1,410.8 1,216.70
Profit before exceptional items and tax * 240.8 160.1 181.1 213.0 210.3
Profit before tax 211.7 222.8 303.6 434.8 602.8
Basic earnings per share (pence) 55.74 56.63 99.85 123.43 288.22
Adjusted basic earnings per share (pence) 58.22 60.28 56.67 66.31 86.37
Ordinary dividends per share (pence) 22.30 25.25 27.30 30.25 36
Average number of employees 52,437 53,483 34,419 31,703 27,141

NOTES:

  1. A reconciliation between UKGAAP and IFRS for 2004/5, is available under the Presentations and Webcasts section
  2. Prior years have been restated for the introduction of accounting policies where appropriate.
  • * 2004/5, 2005/6, 2006/07 and 2007/8 refer to continuing operations only.

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Balance Sheets - £m


  2004 2005 2006 2007 2008
  UKGAAP IFRS IFRS IFRS IFRS
Intangible fixed assets 147.6 193.3 79.0 78.5 125.2
Tangible fixed assets 2,989.7 2,604.0 2,677.1 2,487.6 2,127.40
Investments 113.7 100.0 119.9 59.9 502
Total fixed assets 3,251.0 2,897.3 2,876.0 2,626.0 2,257.80
Current assets 254.9 224.4 217.3 166.2 183.2
Assets held for sale 992.3 302.6 59.1 -
Creditors - amounts falling due within one year (420.2) (460.9) (423.8) (379.6) (657.8)
Net current liabilities (165.3) 755.8 96.1 (154.3) (474.6)
Total assets less current liabilities 3,085.7 3,653.1 2,972.1 2,471.7 1,783.20
Creditors - amounts falling due after more than one year (807.5) (1,219.0) (874.8) (882.8) (155.9)
Pension liability (346.0) (338.0) (196.0) (33)
Provisions for liabiliities and charges (179.8) (272.0) (212.8) (333.8) (332.4)
  2,098.4 1,816.1 1,546.5 1059.0 1261.9
Called up share capital 148.7 149.6 151.1 151.9 148.8
Share premium account 13.5 23.2 36.1 38.1 43.8
Reserves 1,929.4 1,637.5 1,356.5 868.8 1069.3
Shareholders' fund 2,091.6 1,810.3 1,543.7 1,058.8 1,261.90
Minority interests 6.8 5.8 2.8 0.3 -
  2,098.4 1,816.1 1,546.5 1,059.1 1,261.90
Net debt † 792.6 1,348.7 970.3 898.6 425.8

NOTES:

† Net debt is loan capital and bank overdrafts less cash at bank and in hand (see notes 23 and 24)

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Cash Flow - £m


  2003/4 2004/5 2005/6 2006/7 2007/8
Cash flow from operating activities 382.9 440.0 234.8 298.4 225.8
Dividends from joint ventures and associates 21.4 23.1 82.7 - 0.7
Returns on investments and servicing of finance (56.0) (70.4) (90.0) (36.1) (30.3)
Tax paid (28.0) (48.8) (40.7) (12.8) (25.8)
Capital expenditure and financial investment § (102.0) (204.7) (211.3) 244.3 (285)
Acquisitions and disposals q (20.6) (553.8) 870.8 358.8 930.5
Net cash inflow/(outflow) before financing 197.7 (414.6) 846.3 852.6 815.9
Equity dividends paid (60.4) (68.2) (475.5) (529.0) (60.7)
Management of liquid resources 5.3
Financing (136.7) 485.4 (393.4) (316.4) (771)
Increase in cash 5.9 2.6 (22.6) 7.2 (15.8)
 
§ Capital expenditure and financial investment          
Property and plant purchased (209.0) (260.9) (230.2) (243.3) (284.7)
Property and plant sold 112.3 64.8 12.0 487.6 (0.3)
Net investment and loan (increase)/decrease (5.3) (8.6) 6.9 - -
  (102.0) (204.7) (211.3) 244.3 (285)
 
q Acquisitions and disposals          
New businesses acquired (20.6) (553.8) (0.2) (2.7) (53.8)
Businesses sold - - 871.0 361.5 984.8
  (20.6) (553.8) 870.8 358.8930.5

For the full report and accounts, visit the Annual & Interim Reports page.

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