Barclays 2005 Annual Report Download - page 99

Barclays PLC
Annual Report 2005 97
3.1
Consolidated profit and loss account summary – UK GAAP
For the year ended 31st December
2004 2003 2002 2001
£m £m £m £m
Interest receivable 13,665 12,427 12,044 13,458
Interest payable (6,823) (5,823) (5,839) (7,492)
Net interest income 6,842 6,604 6,205 5,966
Fees and commissions receivable 5,672 4,896 4,454 4,202
Less: fees and commissions payable (706) (633) (529) (465)
Dealing profits 1,493 1,054 833 1,011
Other operating income 644 490 364 428
Operating income 13,945 12,411 11,327 11,142
Administration expenses – staff costs (4,998) (4,295) (3,755) (3,714)
Administration expenses – other (2,758) (2,404) (2,312) (2,303)
Depreciation (295) (289) (303) (308)
Goodwill amortisation (299) (265) (254) (229)
Operating expenses (8,350) (7,253) (6,624) (6,554)
Operating profit before provisions 5,595 5,158 4,703 4,588
Provisions for bad and doubtful debts (1,091) (1,347) (1,484) (1,149)
Provisions for contingent liabilities and commitments (2) 1 (1) (1)
Provisions (1,093) (1,346) (1,485) (1,150)
Operating profit 4,502 3,812 3,218 3,438
(Loss)/profit from joint ventures (3) 1 (5) (1)
Profit/(loss) from associates 59 28 (5) (8)
Exceptional items 45 4 (3) (4)
Profit on ordinary activities before tax 4,603 3,845 3,205 3,425
Tax on profit on ordinary activities (1,289) (1,076) (955) (943)
Profit on ordinary activities after tax 3,314 2,769 2,250 2,482
Minority interests (including non-equity interests) (46) (25) (20) (36)
Profit for the financial year attributable to the members of Barclays PLC 3,268 2,744 2,230 2,446
Dividends (1,538) (1,340) (1,206) (1,110)
Profit retained for the financial year 1,730 1,404 1,024 1,336
Selected financial statistics
Basic earnings per share 51.2p 42.3p 33.7p 36.8p
Diluted earnings per share 51.0p 42.1p 33.4p 36.4p
Dividends per ordinary share 24.00p 20.50p 18.35p 16.63p
Dividend payout ratio 46.9% 48.5% 54.5% 45.2%
Attributable profit as a percentage of:
average shareholders’ funds 19.2% 17.0% 14.7% 17.4%
average total assets 0.5% 0.6% 0.5% 0.6%
Average United States Dollar exchange rate used in preparing the accounts 1.83 1.64 1.50 1.44
Average euro exchange rate used in preparing the accounts 1.47 1.45 1.59 1.61
Average Rand exchange rate used in preparing the accounts 11.83 12.33 15.75 12.18
The financial information shown here is extracted from the published accounts for the last four years. This information should be read together
with, and is qualified by reference to, the accounts and Notes included in this report on pages 147 and 283.