Marks and Spencer 2011 Annual Report Download - page 112

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Marks and Spencer Group plc Annual report and financial statements 2011
110
Key performance measures
2011
52 weeks
£m
2010
53 weeks
£m
2009
52 weeks
£m
2008
52 weeks
£m
2007
52 weeks
£m
Income statement
Revenue ¹
UK 8,733.0 8,567.9 8,164.3 8,309.1 7,977.5
International 1,007.3 968.7 897.8 712.9 610.6
9,740.3 9,536.6 9,062.1 9,022.0 8,588.1
Operating profit ¹
UK 679.0 701.1 755.0 1,095.9 956.7
International 157.9 150.9 115.7 115.4 89.2
Total operating profit 836.9 852.0 870.7 1,211.3 1,045.9
Net interest payable (93.9) (160.1) (199.9) (141.1) (130.0)
Pension finance income 37.6 10.8 35.4 58.9 20.8
Profit on ordinary activities before taxation – continuing operations 780.6 702.7 706.2 1,129.1 936.7
Analysed between:
Underlying profit before ta
x
714.3 694.6 604.4 1,007.1 965.2
djustments 66.3 8.1 101.8 122.0 (28.5)
Income tax expense (182.0) (179.7) (199.4) (308.1) (277.5)
Profit after taxation 598.6 523.0 506.8 821.0 659.2
2011
52 weeks
2010
53 weeks
2009
52 weeks
2008
52 weeks
2007
52 weeks
Net margin¹ Operating profit/ 8.6% 8.9% 9.6% 13.4% 12.2%
Revenue
Net underlying operating margin 8.5% 8.8% 8.5% 12.1% 12.2%
Basic earnings per share¹ Basic earnings/ 38.8p 33.5p 32.3p 49.2p 39.1p
Weighted average ordinary shares
in issue
Underlying basic earnings per share¹ 34.8p 33.0p 28.0p 43.6p 40.4p
Dividend per share declared
in respect of the year 17.0p 15.0p 17.8p 22.5p 18.3p
Dividend cover Profit attributable to shareholders/ 2.3x 2.2x 1.8x 2.3x 2.1x
Dividend payable
Retail fixed charge cover Operating profit before depreciation
and operating lease charges/ 4.0x 4.0x 3.5x 5.3x 5.9x
Fixed charges
Net debt² (£m) 1,900.9 2,068.4 2,490.8 3,077.7 1,949.5
1Based on continuing operations.
2Excludes accrued interest.
A to reported profit