Vodafone 2003 Annual Report Download - page 133

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Vodafone Group Plc Annual Report & Accounts and Form 20-F 2003 131
The following proforma information presents the impact of results under US GAAP, had the Group accounted for its goodwill and identifiable intangible assets
under SFAS No. 142 for all periods presented after giving effect to such reclassfications for all periods presented.
For the year ended 31 March
2003 2002 2001
£m £m £m
Reported net income (9,055) (16,688) (7,071)
Unamortised licences net of income taxes –704 681
Adjusted net income (9,055) (15,984) (6,390)
Reported earnings per share (basic and diluted) (13.29)p (24.56)p (11.51)p
Unamortised licences net of income taxes –1.04p 1.11p
Adjusted earnings per share (basic and diluted) (13.29)p (23.52)p (10.40)p
Joint ventures and associated undertakings
Summary aggregated financial information of the Group’s joint ventures, extracted on a 100% basis from accounts prepared under UK GAAP to 31 March
2003, is set out below: 2003 2002
£m £m
Assets
Current assets –41
Non-current assets –110
–151
Liabilities and equity shareholders’ funds
Liabilities –743
Minority interests –(54)
Total equity shareholders’ funds –(538)
–151
Turnover 16 6
Operating loss (77) (410)