These statements of consolidated financial information (pages 70 and 71) reflect a translation of the Group's 1999 profit and loss account and balance sheet, prepared under UK Generally Accepted Accounting Principles (GAAP), using Euro 1.546/£, the rate in effect at 30 September 1999.

	1999				1998
Consolidated profit and loss account	Total Euro m	Excep-tional items Euro m	Digital TV Euro m	Before excep-tional items and Digital TV Euro m	Before excep-tional items and Digital TV Euro m	Digital TV Euro m	Excep-tional items Euro m	Total Euro m
Turnover	3,042.1	-	32.0	3,010.1	2,877.1	10.4	-	2,887.5
Less: share of joint ventures	(45.8)	-	(16.7)	(29.1)	(39.6)	-	-	(39.6)
Group turnover	2,996.3	-	15.3	2,981.0	2,837.5	10.4	-	2,847.9
Operating costs	(2,560.9)	-	(73.9)	(2,487.1)	(2,345.9)	(25.2)	-	(2,371.1)
Exceptional operating charges	(17.9)	(17.9)	-	-	-	-	-	-
Group operating profit	417.4	(17.9)	(58.6)	493.9	491.6	(14.8)	-	476.8
Share of operating results of joint ventures	(114.7)	-	(118.1)	3.4	2.5	(23.9)	-	(21.4)
Share of operating results of associated undertakings	(1.1)	-	(14.7)	13.6	9.1	-	-	9.1
	301.6	(17.9)	(191.4)	510.9	503.2	(38.7)	-	464.5
Profit on sale of investment	-	-	-	-	-	-	14.8	14.8
Loss on sale of business	(38.0)	(38.0)	-	-	-	-	-	-
Profit on ordinary activities before interest	263.6	(55.9)	(191.4)	510.9	503.2	(38.7)	14.8	479.3
Net interest receivable/(payable)	(28.0)	-	(13.8)	(14.2)	7.6	(4.4)	-	3.2
Profit on ordinary activities before taxation	235.6	(55.9)	(205.2)	496.7	510.8	(43.1)	14.8	482.5
Taxation on profit on ordinary activities	(90.4)	5.5	59.6	(155.5)	(166.0)	11.2	-	(154.8)
Profit on ordinary activities after taxation	145.2	(50.4)	(145.6)	341.2	344.8	(31.9)	14.8	327.7
Minority interests	0.9	-	-	0.9	-	-	-	-
Profit attributable to shareholders	146.1	(50.4)	(145.6)	342.1	344.8	(31.9)	14.8	327.7
Dividends paid and proposed	(166.0)	-	-	(166.0)	(153.3)	-	-	(153.3)
Retained (loss)/profit for the year	(19.9)	(50.4)	(145.6)	176.1	191.5	(31.9)	14.8	174.4

	1999 Euro	1998 Euro
Reconciliation of headline earnings per share
Basic earnings per Ordinary share	20.3	49.9
Exceptional items after tax	8.1	2.4
	28.4	47.5
Digital Television	23.9	5.2
Headline earnings per Ordinary share	52.3	52.7
Diluted earnings per Ordinary share	19.5	45.9
Exceptional items after tax	7.6	(2.0)
	27.1	43.9
Digital Television	21.8	4.5
Headline diluted earnings per Ordinary share	48.9	48.4

Consolidated balance sheet	Euro m	1999 Euro m	Euro m	1998 Euro m
Fixed assets
Intangible assets		225.6		67.2
Tangible assets		555.3		534.5
Investments in joint ventures:
Share of gross assets	125.3		42.2
Share of gross liabilities	(124.1)		(21.1)
Loan to joint venture	47.9		-
	49.1		21.1
Investments in associated undertakings	21.3		21.8
Other investments	26.7		14.5
		97.1		57.4
		878.0		659.1
Current assets
Stocks	89.4		87.3
Programme and film rights	237.0		214.3
Trade debtors	596.4		562.6
Other debtors	275.8		296.6
Investments	13.1		14.1
Cash and other liquid funds	633.2		431.0
	1,844.9		1,606.2
Creditors: amounts falling due within one year	(997.0)		(927.9)
Net current assets		847.9		678.3
Total assets less current liabilities		1,725.9		1,337.4
Creditors: amounts falling due after more than one year
Loans	758.2		376.5
Convertible debt	135.0		130.6
Other creditors	31.1		43.9
Provisions for liabilities and charges
Deferred taxation	19.8		16.0
		944.1		567.0
Net assets		781.8		770.4
Capital and reserves
Called up share capital		74.0		74.8
Share premium account		200.2		182.7
Other reserves		11.6		8.3
Profit and loss account		495.4		503.3
Shareholders' funds		781.2		769.1
Minority interests - equity		0.6		1.3
		781.8		770.4
Attributable to:
Equity shareholders' funds (before goodwill)		3,140.7		3,129.5
Cumulative goodwill written off directly to reserves		(2,887.3)		(2,926.9)
Equity shareholders' funds		253.4		202.6
Non-equity shareholders' funds		527.8		566.5
Total shareholders' funds		781.2		769.1