for the year ended 31 March 2001

 
2001
£000
2000
£000
Turnover: Group and Share of Joint Ventures
712,364
525,819
Less: Share of Joint Ventures' turnover
(38,327)
(8,995)
Turnover
674,037
516,824
Cost of sales
(420,713)
(331,871)
Gross profit
253,324
184,953
Administrative expenses
(226,177)
(156,731)
 
Operating profit
27,147
28,222
Operating profit is analysed between: Earnings before interest, taxation, depreciation and amortisation
51,637
45,394
Depreciation
(11,513)
(9,348)
Own shares amortisation
(3,645)
(3,139)
Goodwill amortisation
(9,332)
(4,685)
 


 
Operating profit
27,147
28,222
Share of operating profit in Joint Ventures
8,709
3,215
 
35,856
31,437
Interest receivable and similar income
3,701
3,599
Operations
3,476
3,510
Joint Ventures
225
89
Interest payable and similar charges
(8,070)
(3,580)
Operations
(3,486)
(1,198)
Joint Ventures
(4,584)
(2,382)
Profit on ordinary activities before taxation
31,487
31,456
Operations
27,137
30,534
Joint Ventures
4,350
922
Taxation on profit on ordinary activities
(12,239)
(12,538)
Operations
(11,050)
(12,389)
Joint Ventures
(1,189)
(149)
Profit on ordinary activities after taxation
19,248
18,918
Operations
16,087
18,145
Joint Ventures
3,161
773
Dividends
(9,911)
(8,817)
Retained profit for the year transferred to reserves
9,337
10,101
Basic earnings per share
21.4p
21.9p
Fully Diluted earnings per share
20.7p
21.0p
Earnings per share before amortisation of goodwill and the Employee Benefit Trusts.
31.7p
26.1p
Dividends per share
Interim - paid
3.60p
3.35p
Final - proposed
7.20p
6.65p
 
10.80p
10.00p
The results for the period are wholly derived from continuing operations.