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. | ||