Marks and Spencer 2006 Annual Report Download - page 22

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20 www.marksandspencer.com/financialreview2006 Marks and Spencer Group plc
Financial review
Group summary
2006 2005
Summary of results £m £m
Continuing operations before exceptional items and asset disposals
Revenue 7,797.7 7,490.5
Operating profit 855.8 649.1
Net interest payable (121.9) (104.4)
Other finance income 17.5 11.4
Profit before tax, exceptional items and asset disposals 751.4 556.1
Loss on property disposals (5.7) (0.4)
Exceptional operating charges –(50.6)
Group profit before tax from continuing operations 745.7 505.1
Earnings per share from continuing operations
Basic earnings per share 31.3p 17.6p
Adjusted earnings per share 31.4p 19.2p
Earnings per share
Basic earnings per share 31.4p 29.1p
Adjusted earnings per share 31.5p 20.8p
Continuing operations include the results of the UK Retail and International Retail businesses. The results for Financial Services,
which was sold last year, have been disclosed as discontinued operations together with the results from Kings Super Markets.
Income received under the arrangement with HSBC is included within UK Retail.
Adjusted earnings per share excludes the impact of exceptional items and asset disposals and is provided to allow shareholders to
understand the underlying performance of the Group.
Group revenue from continuing operations
2006 Total
£7,797.7m
International
Retail
£522.7m
UK Retail
£7,275.0m
2005 Total
£7,490.5m
International
Retail
£455.8m
UK Retail
£7,034.7m
Group operating profit from continuing operations
(before exceptional items and assets disposals)
2006 Total
£855.8m
International
Retail
£65.7m
UK Retail
£790.1m
2005 Total
£649.1m
International
Retail
£60.7m
UK Retail
£588.4m