Marks and Spencer 1999 Annual Report Download - page 22

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1999
2000 As restated
N otes £m £m
TURNOVER – continuing operations 2 8,224.0
Cost of sales (5,450.7)
GROSS PROFIT 2,773.3
N et operating expenses 3 (2,261.3)
OPERATING PROFIT – continuing operations
Before exceptional operating (charges)/income 600.5
Exceptional operating (charges)/income (88.5)
TOTAL OPERATING PROFIT 2, 3 512.0
Profit/(loss) on sale of property and other fixed assets 6.2
N et interest income 4 27.9
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION 2 546.1
Analysed between:
Profit on ordinary activities before taxation and exceptional items 634.6
Exceptional operating (charges)/income (88.5)
Taxation on ordinary activities 5 (176.1)
PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION 370.0
Minority interests (all equity) 2.1
PROFIT ATTRIBUTABLE TO SHAREHOLDERS 6 372.1
Dividends 7 (413.3)
RETAINED (LOSS)/PROFIT FOR THE YEAR 26 (41.2)
BASIC EARNINGS PER SHARE 8 13.0p
FULLY DILUTED BASIC EARNINGS PER SHARE 8 12.9p
ADJUSTED EARNINGS PER SHARE 8 15.8p
FULLY DILUTED ADJUSTED EARNINGS PER SHARE 8 15.7p
ANNUAL REPORT AND FIN ANCIAL STATEMENTS 1999
CO N SO LIDATED PRO FIT AN D LO SS ACCO UN T
FO R THE YEAR EN D ED 31 MARCH 2000
20
1999
2000 As restated
N otes £m £m
PROFIT ATTRIBUTABLE TO SHAREHOLDERS 372.1
Exchange differences on foreign currency translation 26 15.0
Unrealised surpluses on revaluation of investment properties 26 34.1
TOTAL RECOGNISED GAINS AND LOSSES RELATING TO THE YEAR 421.2
Prior year adjustment 26
TOTAL RECOGNISED GAINS AND LOSSES SINCE LAST ANNUAL REPORT
CO N SO LIDATED STATEMEN T
O F TOTAL RECO GN ISED GAIN S AN D LO SSES
FO R THE YEAR EN D ED 31 MARCH 2000