Marks and Spencer 2003 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2003 Marks and Spencer annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 56

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56

www.marksandspencer.co m 53
Index
A Page
Accounting policies 29
Assets in the course of construction 40
Audit committee 10
Auditors’ remuneration 32
Auditors’ report 25
Authorised share capital 47
B
B shares 47, 48
Bad debt 6
Balance sheets 27
Bonus (management) 4
Borrowing facilities 7, 45
C
Capital commitments 50
Capital expenditure 40
Cash flow statement 28
Chairman’s message 1
Charitable donations 24
Chief Executive’s review 2
Contingent liabilities 50
Corporate governance 10
Cost of sales 32
Creditors 44
Currency risk 8, 47
Customer balances 5, 42
D
Debtors 42
Deferred taxation 45, 46
Depreciation 32, 40
Diluted earnings per share 34
Directors’ emoluments 16
Directors’ interests 21
Directors’ report 22
Directors’ responsibilities 21
Dividend cover 52
Dividend per share 21, 34, 52
E
Earnings per share 34, 52
Employee emoluments 35
Employee numbers 35
Equity shareholders’ funds 27
F Page
Financial assets 43
Financial instruments 46
Financial liabilities 44, 45
Financial record 51
Financial review 3
Financial Services 5
Fixed assets 40
Fixed charge cover 52
Foreign exchange 50
Free cash flow 6
G
Gearing (retail) 8, 52
Geographical analysis 31
Going concern 9
Goodwill 32, 48
Gross profit 32
I
Interest 33
International Retail 5
Investment properties 40
Investments 41, 43
Issued share capital 47
J
Joint venture 41
L
Liquid resources 49
M
Margin (gross and net) 32, 52
Minority interest 26
N
Net debt 28, 49
Non-equity shareholders’ funds 27
Notes to the financial statements 29
O
Operating assets 31
Operating costs 5, 32
Operating leases 32, 50
Operating profit 31, 32
Ordinary shares 47
Occupancy costs 32
P Page
Pensions 9, 37
Profit and loss account 26
Profit and loss reserve 47
Profit share 35
Profitability 52
Property valuation 40, 41
Provisions 45
Q
Quasi-subsidiary 42
QUEST 41, 47
R
Related party transactions 50
Remuneration report 13
Reserves 47, 48
Retained profit 26
Return on equity 52
Risk management 11
S
Segmental information 31
Share buy back 22, 47
Share capital 47
Share Incentive Plan 35
Share issues 22, 47
Share options 18, 19, 20, 36, 37
Shareholders’ funds 27, 47, 48
Shareholdings 22
Social security 35
Stock 27
Subsidiary undertakings 42
Swaps 8, 46
T
Taxation 33
Treasury Management 8
Turnover 31, 32
U
UK Retail 3
Design and production: Pauffley Printing: St Ives, Westerham Press
Cover printed on Mega Matt, 50% totally chlorine-free pulp from sustainable forests and 50% recycled fibre.
Text printed on Sequel Offset paper made from elemental chlorine-free bleached pulp sourced from sustainable managed forests.