Marks and Spencer 2005 Annual Report Download - page 5

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MARKS AND SPENCER GROUP PLC 3
Financial review
Group summary
2005 2004 2004
52 weeks 52 weeks 53 weeks
Summary of results £m £m £m
Continuing operations before exceptional items
Turnover (ex VAT) 7,710.3 7,824.8 7,971.5
Operating profit 677.1 766.3 809.4
Net interest expense (102.3) (44.5) (45.8)
Other finance income/(charges) 11.4 (15.2) (15.2)
Profit before tax from continuing operations before exceptional items 586.2 706.6 748.4
Operating profit from discontinued operations 32.3 56.6 56.6
Profit before tax and exceptional items 618.5 763.2 805.0
Exceptional income/(charges) 126.8 (23.4) (23.4)
Group profit before tax 745.3 739.8 781.6
Earnings per share from continuing operations
Basic earnings per share 16.8p 20.6p 21.9p
Adjusted earnings per share 20.4p 21.1p 22.4p
Earnings per share
Basic earnings per share 29.1p 22.9p 24.2p
Adjusted earnings per share 21.9p 23.4p 24.7p
Continuing operations include the results of the UK Retail and International Retail businesses. The results for Financial Services, which was
sold during the year, have been disclosed as discontinued operations.
2005 2004 2004
52 weeks 52 weeks 53 weeks
Group turnover from continuing operations £m £m £m
UK Retail 7,034.7 7,159.8 7,293.7
International Retail 675.6 665.0 677.8
Total 7,710.3 7,824.8 7,971.5
2005 2004 2004
Group operating profit from continuing operations 52 weeks 52 weeks 53 weeks
before exceptional items £m £m £m
UK Retail 612.1 722.1 762.0
International Retail 65.0 44.2 47.4
Total 677.1 766.3 809.4
The reporting period for this financial year covers the 52 weeks to 2 April 2005, whereas the prior period covered the 53 weeks to
3 April 2004. For comparative purposes, the commentary that follows, in so far as it relates to the profit and loss account, is provided
on a 52 week basis (to 2 April 2005 and 27 March 2004).