Marks and Spencer 2010 Annual Report Download - page 15
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* 52 weeks.
Brand & Marketplace p20
Operating & Financial review p26
Governance p50
Financial statements p78
To find out more, visit marksandspencer.com/annualreport2010 11
Overview p01
Performance and KPIs
How we do business
Integrating Plan A across the business
£694.6m
+14.9%
33.0p£702.7m
-0.5%
2008/09 28.0p
2007/08 43.6p
2006/07 40.4p
Improve store energy efficiency kWhs/sq ft
Send no operational waste to landfill tonnes
International revenue as proportion of Group revenue
Analysis: Expanding our International
business is a key part of our future
plan and in 2007/08 we set a target
for it to account for 15-20% of
Group revenues within five years.
Our investment under Project 2020
will support this growth.
2008/09 £706.2m
2007/08 £1,129.1m
2006/07 £936.7m
Improve carbon efficiency tonnes CO2e per 1000 sq ft
How we sell
Building our Multi-channel business
2006/07
69,000
2009/10
46,000 -25%
2009/10
41* -20%
2006/07
51*
2012 target
0
2012 target
0
Store, office, warehouse, business travel
and logistics carbon dioxide emissions in
tonnes CO2e per 1000 sq ft of salesfloor.
Residual emissions will be offset in 2012.
Why carbon efficiency?
Improving carbon efficiency reduces
green house emissions and costs.
* Recalculated in accordance with 2009 DEFRA/DECC carbon conversion factors
and reporting guidelines.
† Gas usage included in this calculation has been adjusted using standard degree days
to reflect the cold winter of 2009/10.
10.2%*
+0.3% pts
2009/10
54.8† -19%
2012 target
51 -25%
2006/07
67.9
Store energy usage in kWhs/sq ft
of sales floor
Why energy efficiency?
Improving energy efficiency
reduces costs and helps to
meets the requirements of new
legislation effective from 2010.
Waste sent to landfill from M&S
stores, offices and warehouses
in tonnes
Why no waste to landfill?
Sending no waste to landfill will
reduce costs in the longer term
and help reduce carbon
emissions.
*The adjusted profit measures are stated before property disposals and exceptional items.
Adjusted Group profit before tax*
Group profit before tax Adjusted earnings per share*
M&S Direct sales
Analysis: We continue to invest
in our Direct business as part of
our commitment to become a
multi-channel retailer and remain
firmly on track to reach our £500m
target next year. See more on
page 28.
£413m*
+27%
80%
Analysis: Since 2005 we have
refurbished over 80% of our stores.
This year we opened 30 new
stores, adding approximately
3.2% of trading space. We continue
to invest in our stores to ensure
they offer a bright, contemporary
shopping environment.
However, this year our capital
expenditure has been focused on
laying the foundations for future
growth under Project 2020.
Percentage of our stores refurbished since 2005
Where we sell
Expanding our International business
2009/10
2008/09
£965.2m
£694.6m
2006/07
2007/08 £1,007.1m
£604.4m
p28
p32
p36