Barclays 2004 Annual Report Download - page 89

Barclays PLC Annual Report 2004
87
Financial data Barclays PLC
Consolidated profit and loss account summary(a)
2004 2003 2002 2001 2000
£m £m £m £m £m
Interest receivable 13,665 12,427 12,044 13,458 11,788
Interest payable (6,823) (5,823) (5,839) (7,492) (6,682)
Profit on redemption/repurchase of loan capital ––––2
Net interest income 6,842 6,604 6,205 5,966 5,108
Fees and commissions receivable 5,672 4,896 4,454 4,202 3,676
Less: fees and commissions payable (706) (633) (529) (465) (320)
Dealing profits 1,493 1,054 833 1,011 677
Other operating income 644 490 364 428 353
Operating income 13,945 12,411 11,327 11,142 9,494
Administration expenses – staff costs (4,998) (4,295) (3,755) (3,714) (3,219)
Administration expenses – other (2,758) (2,404) (2,312) (2,303) (1,967)
Depreciation (295) (289) (303) (308) (255)
Goodwill amortisation (299) (265) (254) (229) (51)
Operating expenses (8,350) (7,253) (6,624) (6,554) (5,492)
Operating profit before provisions 5,595 5,158 4,703 4,588 4,002
Provisions for bad and doubtful debts (1,091) (1,347) (1,484) (1,149) (817)
Provisions for contingent liabilities and commitments (2) 1(1) (1) 1
Provisions (1,093) (1,346) (1,485) (1,150) (816)
Operating profit 4,502 3,812 3,218 3,438 3,186
(Loss)/profit from joint ventures (3) 1(5) (1) (1)
Profit/(loss) from associated undertakings 59 28 (5) (8) (7)
Exceptional items 45 4(3) (4) 214
Profit on ordinary activities before tax 4, 603 3,845 3,205 3,425 3,392
Tax on profit on ordinary activities (1,289) (1,076) (955) (943) (901)
Profit on ordinary activities after tax 3,314 2,769 2,250 2,482 2,491
Minority interests (including non-equity interests) (46) (25) (20) (36) (46)
Profit for the financial year attributable to the members of Barclays PLC 3,268 2,744 2,230 2,446 2,445
Dividends (1,538) (1,340) (1,206) (1,110) (927)
Profit retained for the financial year 1,730 1,404 1,024 1,336 1,518
Selected financial statistics
Earnings per ordinary share 51.2p 42.3p 33.7p 36.8p 40.4p
Dividends per ordinary share 24.00p 20.50p 18.35p 16.63p 14.50p
Dividend payout ratio 46.9% 48.5% 54.5% 45.2% 35.9%
Attributable profit before tax as a percentage of:
average shareholders’ funds 26.7% 23.6% 21.0% 23.9% 33.8%
Attributable profit after tax as a percentage of:
average shareholders’ funds 19.2% 17.0% 14.7% 17.4% 24.8%
average total assets (Note (b)) 0.5% 0.6% 0.5% 0.6% 0.8%
Average United States Dollar exchange rate used in preparing the accounts 1.83 1.64 1.50 1.44 1.52
Average euro exchange rate used in preparing the accounts 1.47 1.45 1.59 1.61 1.64
See Notes on page 88.