Annual Report and Accounts 2008
Five year summary
| Year ended 31 December | IFRS 2008 £m |
IFRS 2007 £m |
IFRS 2006 £m |
IFRS 2005 £m |
IFRS 2004 £m |
|---|---|---|---|---|---|
| Revenue | 2,767.0 | 2,612.3 | 2,525.5 | 2,216.0 | 2,354.5 |
| Normalised* operating profit | 253.9 | 210.4 | 184.8 | 155.5 | 143.3 |
| Group operating profit | 167.8 | 161.7 | 141.6 | 109.5 | 99.9 |
| Profit before tax | 109.9 | 149.3 | 104.1 | 89.3 | 77.9 |
| Statistics | |||||
| Basic earnings/(loss) per share | 77.9p | 69.2p | 50.7p | (2.0p) | 45.7p |
| Normalised* diluted earnings per share | 93.6p | 83.9p | 76.5p | 76.3p | 69.3p |
| Dividends per share | 22.72p | 37.96p | 34.75p | 32.25p | 30.0p |
| Net assets | 585.4 | 437.0 | 345.5 | 312.3 | 266.8 |
| Net (debt)/funds | |||||
| Cash at bank and in hand | 105.9 | 157.2 | 143.6 | 145.5 | 147.2 |
| Other debt receivable | 0.9 | – | – | 1.0 | 1.0 |
| Loan notes | (0.8) | (0.8) | (0.8) | (0.8) | (7.5) |
| Bank and other loans | (1,150.8) | (947.4) | (478.1) | (594.5) | (215.5) |
| Bank overdrafts | – | – | – | (5.5) | – |
| Finance lease obligations | (133.9) | (119.8) | (103.1) | (109.1) | (61.8) |
| Other debt payable | (1.1) | – | – | – | – |
| (1,179.8) | (910.8) | (438.4) | (563.4) | (136.6) |
*Normalised results are defined as the statutory results before the following as appropriate: profit or loss on sale of businesses, exceptional profit or loss on sale of non-current assets and charges for goodwill impairment, intangible amortisation, property, plant and equipment impairments, exceptional items and tax relief on qualifying exceptional items.