 |
|
|
|
|
|
|
|
|
|
|
|
1999
 |
1998
|
|
Notes |
Total
£m |
Except- ional items
£m |
Digital TV (note 2)
£m |
Before except- ional items and Digital TV
£m |
Before except- ional items and Digital TV
£m |
Digital TV (note 2)
£m |
Except- ional items
£m |
Total
£m |
|
| Turnover |
|
1,967.7 |
- |
20.7 |
1,947.0 |
1,861.0 |
6.7 |
- |
1,867.7 |
| Less: share of joint ventures |
|
(29.6) |
- |
(10.8) |
(18.8) |
(25.6) |
- |
- |
(25.6) |
|
| Group turnover |
1 |
1,938.1 |
- |
9.9 |
1,928.2 |
1,835.4 |
6.7 |
- |
1,842.1 |
| Operating costs |
|
(1,656.5) |
- |
(47.8) |
(1,608.7) |
(1,517.4) |
(16.3) |
- |
(1,533.7) |
| Exceptional operating charges |
5 |
(11.6) |
(11.6) |
- |
- |
- |
- |
- |
- |
|
| Group operating profit |
1,3 |
270.0 |
(11.6) |
(37.9) |
319.5 |
318.0 |
(9.6) |
- |
308.4 |
| Share of operating results of joint ventures |
|
(74.2) |
- |
(76.4) |
2.2 |
1.6 |
(15.5) |
- |
(13.9) |
| Share of operating results of associated undertakings |
|
(0.7) |
- |
(9.5) |
8.8 |
5.9 |
- |
- |
5.9 |
|
|
|
195.1 |
(11.6) |
(123.8) |
330.5 |
325.5 |
(25.1) |
- |
300.4 |
| Profit on sale of investment |
|
- |
- |
- |
- |
- |
- |
9.6 |
9.6 |
| Loss on sale of business |
5 |
(24.6) |
(24.6) |
- |
- |
- |
- |
- |
- |
|
| Profit on ordinary activities before interest |
|
170.5 |
(36.2) |
(123.8) |
330.5 |
325.5 |
(25.1) |
9.6 |
310.0 |
| Net interest receivable/(payable) |
6 |
(18.1) |
- |
(8.9) |
(9.2) |
4.9 |
(2.8) |
- |
2.1 |
|
| Profit on ordinary activities before taxation |
|
152.4 |
(36.2) |
(132.7) |
321.3 |
330.4 |
(27.9) |
9.6 |
312.1 |
| Taxation on profit on ordinary activities |
7 |
(58.5) |
3.6 |
38.5 |
(100.6) |
(107.4) |
7.2 |
- |
(100.2) |
|
| Profit on ordinary activities after taxation |
|
93.9 |
(32.6) |
(94.2) |
220.7 |
223.0 |
(20.7) |
9.6 |
211.9 |
| Minority interests |
|
0.6 |
- |
- |
0.6 |
- |
- |
- |
- |
|
| Profit attributable to shareholders |
|
94.5 |
(32.6) |
(94.2) |
221.3 |
223.0 |
(20.7) |
9.6 |
211.9 |
| Dividends paid and proposed |
8 |
(107.4) |
- |
- |
(107.4) |
(99.1) |
- |
- |
(99.1) |
|
| Retained (loss)/profit for the year |
|
(12.9) |
(32.6) |
(94.2) |
113.9 |
123.9 |
(20.7) |
9.6 |
112.8 |
|
All operations in the year and in the comparative year were continuing.
There is no material difference between profits and losses as reported above and historical cost profits and losses.
Movement on consolidated profit and loss account - note 28. The notes on pages 46 to 69 form part of these accounts. Auditors' report page 41.
|
|
|
|
|
Notes |
1999
pence |
1998
pence |
|
| Reconciliation of headline earnings per share |
9 |
|
|
| Basic earnings per Ordinary share |
|
13.1 |
32.3 |
| Exceptional items after tax |
|
5.3 |
(1.6) |
|
|
|
18.4 |
30.7 |
| Digital Television |
|
15.4 |
3.4 |
|
| Headline earnings per Ordinary share |
|
33.8 |
34.1 |
|
| Diluted earnings per Ordinary share |
|
12.6 |
29.7 |
| Exceptional items after tax |
|
4.9 |
(1.3) |
|
|
|
17.5 |
28.4 |
| Digital Television |
|
14.1 |
2.9 |
|
| Headline diluted earnings per Ordinary share |
|
31.6 |
31.3 |
|
|
