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Five Year Summary

    IFRS   IFRS   IFRS   IFRS   UK GAAP
    2007   2006   2005   2004   2003
    £m   £m   £m   £m   £m
Revenue                    
Existing operations   640.5   558.6   470.9   426.4   435.7
Discontinued operations   –   –   1.5   30.8   12.7
Revenue - continuing and discontinued operations   640.5   558.6   472.4   457.2   448.4
Profit/(losses) for continuing and discontinued operations:                    
Headline operating profit   91.3   79.7   67.8   53.1   41.7
Share of results of associates’ interest and tax   –   (0.6)   (0.8)   –   –
Gain)/loss on disposal of tangible and intangible fixed assets   (0.1)   0.3   (0.6)   0.5   –
Amortisation and impairment of goodwill and intangibles   (9.1)   (7.0)   (6.0)   –   (9.1)
Impairment of investment in associate   –   (8.3)   –   –   –
Major facility closure costs   (5.4)   (5.0)   –   –   –
Change to pension scheme rules   4.1   –   –   –   –
Bid response costs   (2.1)   –   –   –   –
Operating exceptional items   –   –   –   –   (7.5)
                     
Operating profit before restructuring and disposals of operations and fixed assets   78.7   59.1   60.4   53.6   25.1
(Loss)/profit on disposal of operations   –   –   –   (3.8)   3.5
Restructuring costs   –   –   –   (7.4)   (30.0)
Gain/(loss) on disposal of fixed assets   0.1   (0.3)   0.6   (0.5)   –
                     
Profit/(loss) before interest and tax   78.8   58.8   61.0   41.9   (1.4)
Net interest payable   (10.3)   (12.2)   (8.3)   (8.8)   (9.7)
Profit/(loss) before taxation   68.5   46.6   52.7   33.1   (11.1)
Taxation   (14.7)   (2.7)   (11.8)   (4.6)   (6.2)
Profit/(loss) after taxation   53.8   43.9   40.9   28.5   (17.3)
Minority interests   (1.0)   (0.8)   (0.2)   (0.2)   (0.1)
Profit/(loss) attributable to the equity holders of the parent   52.8   43.1   40.7   28.3   (17.4)
                     
Headline earnings per share (pence)   20.3   17.3   14.6   11.7   9.1
Dividends per share (pence)   8.0   7.0   6.4   6.1   5.7
                     
                     
Assets employed                    
Intangible fixed assets   227.3   212.3   157.9   141.1   137.5
Tangible fixed assets   508.9   448.4   442.9   425.9   478.7
Other current assets and liabilities   (41.4)   (45.9)   (58.7)   (54.7)   (34.1)
    694.8   614.8   542.1   512.3   582.1
                     
Financed by                    
Share capital   32.4   32.2   32.1   32.1   25.7
Reserves   457.6   417.3   400.0   388.9   345.2
                     
Shareholders' funds   490.0   449.5   432.1   421.0   370.9
Minority interests   6.6   4.4   1.4   1.0   0.9
Net borrowings   198.2   160.9   108.6   90.3   210.3
    694.8   614.8   542.1   512.3   582.1
                     
Net assets per share (pence)   151.4   139.5   134.5   131.2   144.5
                     
Return on capital employed:                    
Headline operating profit before amortisation of acquired intangibles and impairment of goodwill (%)   13.9   13.8   12.9   9.7   6.9
Profit/(loss) before interest and tax (%)   12.0   10.2   11.6   7.7   (0.2)
                     
Return on capital employed (including cumulative goodwill written back to reserves):                    
Headline operating profit before amortisation of acquired intangibles and impairment of goodwill (%)   11.3   10.8   9.9   7.6   5.5