|
|
|
|
Restated |
|
|
|
|
Pre-goodwill |
|
Pre-goodwill |
|
|
|
|
and |
|
and |
|
|
|
|
exceptional |
|
exceptional |
|
|
|
|
operating |
|
operating |
Restated |
|
|
|
items |
Total |
items |
Total |
|
|
|
2002 |
2002 |
2001 |
2001 |
|
|
Year ended 30 September |
£m |
£m |
£m |
£m |
|
|
Turnover: Group and share of
joint ventures’ |
|||||
|
Continuing operations |
4,412.7 |
4,412.7 |
5,056.6 |
5,056.6 |
|
|
Acquisitions |
0.6 |
0.6 |
- |
- |
|
|
|
4,413.3 |
4,413.3 |
5,056.6 |
5,056.6 |
|
|
Discontinued operations |
- |
- |
22.3 |
22.3 |
|
|
|
4,413.3 |
4,413.3 |
5,078.9 |
5,078.9 |
|
|
Less:
share of joint ventures’ turnover |
|||||
|
Continuing operations |
(34.1) |
(34.1) |
(28.1) |
(28.1) |
|
|
Group
turnover |
4,379.2 |
4,379.2 |
5,050.8 |
5,050.8 |
|
|
Cost of sales |
(3,731.0) |
(3,760.5) |
(4,245.5) |
(4,245.5) |
|
|
Gross
profit |
648.2 |
618.7 |
805.3 |
805.3 |
|
|
Net operating expenses pre-goodwill |
(675.7) |
(680.1) |
(698.0) |
(722.3) |
|
|
Goodwill |
- |
(30.7) |
- |
(30.1) |
|
|
Net operating expenses |
(675.7) |
(710.8) |
(698.0) |
(752.4) |
|
|
Operating
(loss)/profit |
|||||
|
Continuing operations |
(24.9) |
(89.4) |
107.3 |
52.9 |
|
|
Acquisitions |
(2.6) |
(2.7) |
- |
- |
|
|
Group
operating (loss)/profit |
(27.5) |
(92.1) |
107.3 |
52.9 |
|
|
Income
from interests in joint ventures |
|||||
|
and
associates |
|||||
|
Joint ventures |
- continuing operations |
5.2 |
5.2 |
3.0 |
3.0 |
|
|
- goodwill |
- |
(1.2) |
- |
(1.2) |
|
Associates |
- continuing operations |
1.9 |
1.9 |
2.9 |
2.9 |
|
|
- goodwill |
- |
(0.6) |
- |
(0.5) |
|
Group and
share of joint ventures’ |
|
|
|
|
|
|
and
associates’ operating (loss)/profit |
(20.4) |
(86.8) |
113.2 |
57.1 |
|
|
Exceptional
items |
|
|
|
|
|
|
Profit on sale of subsidiary undertaking |
|
9.6 |
|
- |
|
|
Profit on sale of tangible fixed assets |
|
0.2 |
|
22.8 |
|
|
Provision for losses on terminated operations |
|
(2.5) |
|
- |
|
|
Losses on terminated operations |
|
(2.6) |
|
(19.7) |
|
|
Less utilisation of provision |
|
0.8 |
|
15.8 |
|
|
Costs of a fundamental reorganisation |
|
- |
|
(11.3) |
|
|
(Loss)/profit
on ordinary activities before |
|
|
|
|
|
|
finance
charges |
|
(81.3) |
|
64.7 |
|
|
Finance charges (net) |
|
|
|
|
|
|
Group |
|
9.8 |
|
(2.3) |
|
|
Joint ventures and associates |
|
(1.3) |
|
(0.1) |
|
|
(Loss)/profit
on ordinary activities before tax |
|
(72.8) |
|
62.3 |
|
|
Tax on (loss)/profit on ordinary activities |
|
29.5 |
|
(24.7) |
|
|
(Loss)/profit
on ordinary activities after tax |
|
(43.3) |
|
37.6 |
|
|
Equity minority interests |
|
(0.1) |
|
(3.5) |
|
|
Non-equity minority interests |
|
(16.7) |
|
(16.7) |
|
|
(Loss)/profit
for the financial year |
|
(60.1) |
|
17.4 |
|
|
Dividends |
|
(9.8) |
|
(46.6) |
|
|
Transfer from reserves |
|
(69.9) | |||