Marks and Spencer 2004 Annual Report Download - page 30

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28
Marks and Spencer Group plc
Consolidated profit and loss account
53 weeks ended 3 April 2004 52 weeks ended 29 March 2003
Before
Before Exceptional exceptional Exceptional
exceptional items items items Total
items (note 4) Total As restated (note 4) As restated
Notes £m £m £m £m £m £m
Turnover – continuing operations 28,301.5 – 8,301.5 8,019.1 – 8,019.1
Operating profit – continuing operations 2,3 866.0 (42.1) 823.9 773.0 (43.9) 729.1
Profit on sale of property and
other fixed assets 4B –18.718.7 – 1.6 1.6
Loss on sale/termination of operations: 4C
Loss arising on sale/termination – (26.8) (26.8) – (12.3) (12.3)
Less provision made in 2001 –26.826.8 – 10.8 10.8
Net loss on sale/termination of operations –––– (1.5) (1.5)
Net interest expense 5(45.8) – (45.8) (40.5) – (40.5)
Other finance (charges)/income 11C (15.2) – (15.2) 27.0 – 27.0
Profit/(loss) on ordinary activities before taxation 805.0 (23.4) 781.6 759.5 (43.8) 715.7
Taxation on ordinary activities 6(242.0) 12.7 (229.3) (217.9) 9.1 (208.8)
Profit/(loss) on ordinary activities after taxation 563.0 (10.7) 552.3 541.6 (34.7) 506.9
Minority interests (all equity) –––0.4 – 0.4
Profit/(loss) attributable to shareholders 563.0 (10.7) 552.3 542.0 (34.7) 507.3
Dividends (including dividends in respect of
non-equity shares) 8(263.2) – (263.2) (246.0) – (246.0)
Retained profit/(loss) for the period 299.8 (10.7) 289.1 296.0 (34.7) 261.3
Earnings per share 924.2p 21.8p
Diluted earnings per share 924.1p 21.5p
Adjusted earnings per share 924.7p 23.3p
Diluted adjusted earnings per share 924.6p 23.0p
Dividend per share 811.5p 10.5p
NOTE OF GROUP HISTORICAL COST PROFITS AND LOSSES 52 weeks ended
53 weeks ended 29 March
3 April 2003
2004 As restated
Notes £m £m
Profit on ordinary activities before taxation 781.6 715.7
Realisation of property revaluation surplus 25 0.5 4.1
Share of joint venture’s revaluation surplus realised on disposal –10.4
Revaluation element of depreciation charge 25 1.0 1.4
Historical cost profit on ordinary activities before taxation 783.1 731.6
Historical cost retained profit for the period 290.6 277.2
CONSOLIDATED STATEMENT OF TOTAL RECOGNISED GAINS AND LOSSES 52 weeks ended
53 weeks ended 29 March
3 April 2003
2004 As restated
Notes £m £m
Profit attributable to shareholders 552.3 507.3
Exchange differences on foreign currency translation 25 (15.9) 3.4
Unrealised surplus/(deficit) on revaluation of
investment properties 25 7.3 (0.8)
Impairment of previously revalued properties 25 (20.0) –
Actuarial gains/(losses) net of taxation 25 150.4 (627.9)
Total recognised gains and losses relating to the period 674.1 (118.0)
Prior year adjustments 25 (928.3)
Total recognised gains and losses since last annual report (254.2)