 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
1999
£m |
1998
£m |
1997
£m |
1996
£m |
1995
£m |
1994
£m |
1993*
£m |
1992*
£m |
1991*
£m |
1990*
£m |
 |
| Profit and loss account |
|
|
|
|
|
|
|
|
|
|
| Turnover (1) |
1,928.2 |
1,835.4 |
1,749.7 |
1,677.5 |
1,579.6 |
1,404.7 |
1,004.7 |
635.2 |
538.0 |
697.6 |
| Headline operating profit (1) |
319.5 |
318.0 |
317.9 |
291.0 |
248.5 |
187.7 |
118.4 |
85.3 |
65.0 |
115.2 |
| Headline profit before tax (1) |
321.3 |
330.4 |
326.7 |
295.7 |
253.7 |
190.2 |
126.1 |
100.2 |
79.2 |
103.1 |
| Retained profit/(loss) |
(12.9) |
112.8 |
121.0 |
118.5 |
96.0 |
66.6 |
46.1 |
29.2 |
18.3 |
32.1 |
 |
| Headline earnings per share (1)(2) |
33.8p |
34.1p |
34.8p |
31.7p |
27.3p |
21.5p |
16.8p |
13.4p |
10.2p |
12.6p |
| Total dividend per Ordinary share |
15.05p |
13.65p |
12.4p |
11.1p |
9.4p |
8.3p |
7.5p |
6.8p |
6.2p |
5.6p |
| Dividend cover (times covered) (3) |
1.0 |
2.3 |
2.6 |
2.7 |
2.6 |
2.2 |
2.2 |
2.0 |
1.6 |
2.2 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
1999
£m |
1998
£m |
1997
£m |
1996
£m |
1995
£m |
1994
£m |
1993
£m |
1992
£m |
1991
£m |
1990
£m |
 |
| Balance sheet |
|
|
|
|
|
|
|
|
|
|
| Fixed assets |
567.9 |
426.3 |
383.8 |
312.4 |
295.6 |
290.5 |
268.2 |
213.9 |
170.3 |
178.6 |
| Net current assets |
548.5 |
438.8 |
533.8 |
484.7 |
442.0 |
351.8 |
356.9 |
336.7 |
283.3 |
247.1 |
| Long term creditors and deferred taxation |
(610.7) |
(366.8) |
(366.6) |
(266.2) |
(268.9) |
(295.6) |
(196.0) |
(163.6) |
(97.5) |
(83.4) |
 |
| Net assets |
505.7 |
498.3 |
551.0 |
530.9 |
468.7 |
346.7 |
429.1 |
387.0 |
356.1 |
342.3 |
 |
| *Restated for FRS3. |
|
|
|
|
|
|
|
|
|
(1) 1999 figures are stated before exceptional items and Digital Television. Digital Television results comprised turnover £9.9m (1998 - £6.7m), operating loss £37.9m (1998 - £9.6m) and loss before tax £132.7m (1998 - £27.9m). The net reduction in basic EPS due to Digital Telelvision was 15.4 pence (1998 - 3.4 pence).
(2) Basic earnings per share and dividends per share have been restated for a 3 for 2 capitalisation issue on 26 February 1996.
(3) Dividend cover is stated after charging Digital Television results.
Historical record - Euro conversion (1)
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
1999 |
1998 |
1997 |
1996 |
1995 |
1994 |
1993 |
1992 |
1991 |
1990 |
 |
| Profit and loss account |
|
|
|
|
|
|
|
|
|
|
| Turnover |
2,981.0 |
2,837.5 |
2,705.0 |
2,593.4 |
2,442.1 |
2,171.7 |
1,553.3 |
982.0 |
831.7 |
1,078.5 |
| Headline operating profit |
493.9 |
491.6 |
491.5 |
449.9 |
384.2 |
290.2 |
183.0 |
131.9 |
100.5 |
178.1 |
| Headline profit before tax |
496.7 |
510.8 |
505.1 |
457.1 |
392.2 |
294.0 |
194.9 |
154.9 |
122.4 |
159.4 |
| Retained profit/(loss) |
(19.9) |
174.4 |
187.1 |
183.2 |
148.4 |
103.0 |
71.3 |
45.1 |
28.3 |
49.6 |
 |
| Headline earnings per share (Euro) |
0.52 |
0.53 |
0.54 |
1.49 |
0.42 |
0.33 |
0.26 |
0.21 |
0.16 |
0.19 |
| Total dividend per Ordinary share (Euro) |
0.23 |
0.21 |
0.19 |
0.17 |
0.15 |
0.13 |
0.12 |
0.11 |
0.10 |
0.08 |
| Dividend cover (times covered) |
1.0 |
2.3 |
2.6 |
2.7 |
2.7 |
2.6 |
2.2 |
2.0 |
1.6 |
2.2 |
 |
Euro millions |
1999 |
1998 |
1997 |
1996 |
1995 |
1994 |
1993 |
1992 |
1991 |
1990 |
 |
| Balance sheet |
|
|
|
|
|
|
|
|
|
|
| Fixed assets |
878.0 |
659.1 |
593.4 |
483.0 |
457.0 |
449.1 |
414.6 |
330.7 |
263.3 |
276.1 |
| Net current assets |
847.9 |
678.4 |
825.3 |
749.3 |
683.3 |
543.9 |
551.8 |
520.5 |
438.0 |
382.0 |
| Long term creditors and deferred taxation |
(944.1) |
(567.1) |
(566.9) |
(411.5) |
(415.7) |
(457.0) |
(303.0) |
(252.9) |
(150.8) |
(128.9) |
 |
| Net assets |
781.8 |
770.4 |
851.8 |
820.8 |
724.6 |
536.0 |
663.4 |
598.3 |
550.5 |
529.2 |
 |
(1) The £-denominated historical record has been translated at the £/Euro of 1.546, the rate in effect at 30 September 1999. |