Tesco 2007 Annual Report Download - page 4

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2Tesco PLC Annual report and financial statements 2007 Find out more at www.tesco.com/corporate
financial highlights growth on 2006*
2007 2006 2006*
On a continuing operations basis 52 weeks 60 weeks 52 weeks
Group sales (£m) (including value added tax) 46,611 43,137 42,016
Group revenue (£m) (excluding value added tax) 42,641 39,454 38,443
Underlying Group profit before tax†(£m) 2,545 2,277 2,248
Group profit before tax (£m) 2,653 2,235 2,206
Underlying diluted earnings per share†(p) 22.36 20.30 20.04
Diluted earnings per share (p) 23.31 19.92 19.67
Dividend per share (p) 9.64 8.63 –
Group enterprise value (£m)
(market capitalisation plus net debt) 40,469 30,841 –
Return on capital employed 12.6% 12.7% 12.5%
† Adjusted for IAS 32, IAS 39, the net difference between the IAS 19 income statement charge and ‘normal’ cash
contributions for pensions, the Pensions Adjustment – Finance Act 2006 and impairment of the Gerrards Cross site.
* Restated for the year ended 25 February 2006 including 52 weeks for the UK and ROI and a comparable
12 months (March – February) for the majority of the remaining International businesses.
Including the one-off gain from Pensions A-Day, ROCE was 13.6%.
10.9%
Group sales
(including VAT)
13.2%
Underlying Group
profit before tax†
20.3%
Group profit before tax
11.6%
Underlying diluted
earnings per share†
18.5%
Diluted earnings
per share
11.7%
Dividend per share
**
**