Marks and Spencer 2005 Annual Report Download - page 32

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30 MARKS AND SPENCER GROUP PLC
Consolidated profit and loss account
52 weeks ended 2 April 2005 53 weeks ended 3 April 2004
Before Exceptional After Before Exceptional After
exceptional items exceptional exceptional items exceptional
items (note 4) items items (note 4) items
Notes £m £m £m £m £m £m
Turnover
Continuing operations 7,710.3 – 7,710.3 7,971.5 – 7,971.5
Discontinued operations 232.0 – 232.0 330.0 – 330.0
Total turnover 2, 3 7,942.3 – 7,942.3 8,301.5 –8,301.5
Operating profit
Continuing operations 667.6 (91.4) 576.2 809.4 (42.1) 767.3
Acquired operations 9.5 – 9.5 –––
677.1 (91.4) 585.7 809.4 (42.1) 767.3
Discontinued operations 32.3 – 32.3 56.6 – 56.6
Total operating profit 2, 3 709.4 (91.4) 618.0 866.0 (42.1) 823.9
(Loss)/profit on sale of property and other fixed assets 4B – (0.4) (0.4) – 18.7 18.7
Profit on sale/closure of operations: 4C
Profit/(loss) arising on sale/closure – 208.9 208.9 – (26.8) (26.8)
Release/utilisation of prior year provision – 9.7 9.7 – 26.8 26.8
Net profit on sale/closure of operations – 218.6 218.6 –––
Net interest expense 5(102.3) – (102.3) (45.8) – (45.8)
Other finance income/(charges) 11C 11.4 – 11.4 (15.2) – (15.2)
Profit/(loss) on ordinary activities before taxation 618.5 126.8 745.3 805.0 (23.4) 781.6
Analysed between:
Continuing operations (including acquired operations) 586.2 (91.8) 494.4 748.4 (23.4) 725.0
Discontinued operations 32.3 218.6 250.9 56.6 – 56.6
Taxation on ordinary activities 6(176.5) 18.2 (158.3) (242.0) 12.7 (229.3)
Profit/(loss) attributable to shareholders 442.0 145.0 587.0 563.0 (10.7) 552.3
Dividends (including dividends in respect of
non-equity shares) 8(203.3) – (203.3) (263.2) – (263.2)
Retained profit/(loss) 238.7 145.0 383.7 299.8 (10.7) 289.1
Earnings per share 929.1p 24.2p
Diluted earnings per share 928.9p 24.1p
Adjusted earnings per share 921.9p 24.7p
Diluted adjusted earnings per share 921.7p 24.6p
Dividend per share 812.1p 11.5p
NOTE OF GROUP HISTORICAL COST PROFITS AND LOSSES 52 weeks ended 53 weeks ended
2 April 3 April
2005 2004
Notes £m £m
Profit on ordinary activities before taxation 745.3 781.6
Revaluation surplus realised on disposals 26 28.6 0.5
Revaluation element of depreciation charge 26 1.0 1.0
Historical cost profit on ordinary activities before taxation 774.9 783.1
Historical cost retained profit for the period 413.3 290.6
CONSOLIDATED STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES 52 weeks ended 53 weeks ended
2 April 3 April
2005 2004
Notes £m £m
Profit attributable to shareholders 587.0 552.3
Exchange differences on foreign currency translation 26 0.2 (15.9)
Unrealised surplus on revaluation of investment properties 26 4.0 7.3
Impairment of previously revalued properties –(20.0)
Actuarial (losses)/gains net of taxation 26 (55.1) 150.4
Total recognised gains and losses relating to the period 536.1 674.1