>Reed Elsevier at a glance
----------

>Financial highlights
----------

>Report of the Chairman and the CEO
----------

>Directors
----------

>Operating and financial review
----------

>Product review
----------

>Corporate social responsibility
----------

>Corporate governance
----------

>Summary financial statements
----------

>Investor information
----------

>Annual Report and downloads
----------

  

 

>Introduction
----------

>Science & Medical
----------

>Legal
----------

>Education
----------

>Business
----------

>Reed Elsevier Combined
----------

>Reed Elsevier PLC
----------

>Reed Elsevier NV
----------

>Highlights
----------

>Turnover
----------

>Adjusted operating profit
----------

>Adjusted pre-tax profit
----------

>Adjusted operating cash flow
----------

>Introduction
----------

>Financial results
----------

>Progress on strategy
----------

>Parent company earnings and dividends
----------

>Board changes
----------

>Outlook
----------

>Directors’ biographies
----------

>Summary directors’ remuneration report
----------

>Remuneration policy
----------

>Total shareholder return
----------

>Directors’ emoluments
----------

>Summary of executive share options
and shareholdings
----------

>Reed Elsevier combined businesses
----------

>Review of operations
----------

>Science & Medical
----------

>Legal
----------

>Education
----------

>Business
----------

>Parent companies
----------

>Forward looking statements
----------

>Introduction
----------

>Science & Medical
----------

>Legal
----------

>Education
----------

>Business
----------

>Introduction
----------

>Facts and figures
----------

>Introduction
----------

>Facts and figures
----------

>Introduction
----------

>Facts and figures
----------

>Introduction
----------

>Facts and figures
----------

>Valuing our people
----------

>Environment
----------

>Community
----------

>Introduction
----------

>Summary report of the directors
----------

>Basis of preparation
----------

>Auditors’ statement
----------

>Summary combined financials
----------

>Reed Elsevier PLC summary financials
----------

>Reed Elsevier NV summary financials
----------

>Summary combined profit and loss account
----------

>Summary combined cash flow statement
----------

>Summary combined balance sheet
----------

>Adjusted figures
----------

>Summary consolidated profit and
loss account
----------

>Dividends
----------

>Consolidated statement of total recognised
gains and losses
----------

>Summary consolidated cash flow statement
----------

>Reconciliation of shareholders’ funds
----------

>Summary consolidated balance sheet
----------

>Summary profit and loss account
----------

>Dividends
----------

>Summary cash flow statement
----------

>Reconciliation of shareholders’ funds
----------

>Summary balance sheeet
----------

>Structure
----------

>Corporate governance
----------

>Boards
----------

>Committees
----------

>Internal control
----------

>Going concern
----------

>Shareholder information
----------

>Financial calendar
----------

>Registered offices
----------

>Share price information
----------

>Information for Reed Elsevier PLC
ordinary shareholders
----------

>Information for Reed Elsevier NV
ordinary shareholders
----------

>Information for Reed Elsevier PLC
and Reed Elsevier NV ADS holders
----------

Reed Elsevier Annual review and summary financial statements 2002
            Science & Medical     140m  
               
  Woman in library Arrow Backfiles on ScienceDirect:
In 2000, Elsevier began its programme to add backfiles of its journals to the online platform, ScienceDirect. Used by academics and researchers as a key source of information, ScienceDirect already offers subscribers desktop access to over 1,500 journals published by Elsevier. By the end of 2002 more than 12 million pages of back copies of journals were loaded, bringing the total number of text articles on ScienceDirect to 3.3 million.		  
  60m                  
        Arrow

Nursing students in the US learn through Virtual Clinical Excursions (VCE) a CD-ROM based teaching aid which enables nursing students to interact with virtual patients to test their diagnostic and treatment skills. Since its launch in September 2001, the VCE series has been adopted by over 250 academic institutions to complement, and drive adoption of, Elsevier’s comprehensive list of nursing texts.
                   
    Arrow
Permanent digital archive assures perpetual accessibility of scientific heritage at the Koninklijke Bibliotheek (KB), the Royal National Library of The Netherlands. During the summer of 2002, Elsevier signed a groundbreaking new agreement to provide electronic archiving to the library. As the home of the first official digital archive for Elsevier journals, KB will receive digital copies of all journals published on ScienceDirect covering all areas of science, technology and medicine. These will be available in perpetuity to the research community, including authors, researchers, historians and librarians.
 95%  
           
          Nursing students
                       
           
1 2 i ii 3 4 5
© 2003 Reed Elsevier | Forward looking statements | www.reedelsevier.com