Five Year Record
  2005
£ million
  2006
£ million
  2007
£ million
  2008
£ million
  2009
£ million
 
 
 
 
 
Revenue 4,626.2   4,755.9   6,151.7   7,498.7   7,847.8
 
 
 
 
 
Sales excluding the value of precious metals 1,187.7   1,341.2   1,454.2   1,750.2   1,796.9
 
 
 
 
 
EBITDA 284.2   305.5   329.9   374.1   398.1
Depreciation (62.7)   (64.7)   (68.6)   (68.3)   (88.7)
Amortisation (4.9)   (5.3)   (6.1)   (9.0)   (10.9)
 
 
 
 
 
Underlying operating profit 216.6   235.5   255.2   296.8   298.5
Amortisation of acquired intangibles -   (0.8)   (2.8)   (3.1)   (9.1)
Impairment and restructuring charges (36.7)   (6.0)   -   -   (9.4)
 
 
 
 
 
Operating profit 179.9   228.7   252.4   293.7   280.0
Net finance costs (13.0)   (14.7)   (26.8)   (30.3)   (32.6)
Share of profit / (loss) of associates 0.5   (0.2)   0.9   (1.1)   2.0
 
 
 
 
 
Profit before tax 167.4   213.8   226.5   262.3   249.4
Income tax expense (46.5)   (62.5)   (64.7)   (77.2)   (76.7)
 
 
 
 
 
Profit after taxation 120.9   151.3   161.8   185.1   172.7
(Loss) / profit for the year from discontinued operations (6.4)   -   43.7   0.3   1.2
Minority interests 1.0   0.8   1.0   0.8   0.2
 
 
 
 
 
Profit attributable to equity holders of the parent company 115.5   152.1   206.5   186.2   174.1
 
 
 
 
 
                   
Underlying earnings per ordinary share 67.0p   73.0p   82.2p   89.5p   89.6p
                   
Earnings per ordinary share 53.2p   70.8p   96.9p   88.5p   82.6p
                   
Dividend per ordinary share 27.7p   30.1p   33.6p   36.6p   37.1p
                   
Summary Balance Sheet                  
Assets employed:                  
Goodwill 375.1   402.4   399.2   480.4   516.0
Property, plant and equipment / other intangible assets 620.4   702.4   640.8   827.9   1,060.5
Non-current investments / associates / joint ventures 6.7   10.2   9.6   8.9   12.1
Inventories 307.3   345.8   362.7   380.4   371.7
Receivables / current investments / tax assets / financial assets 375.3   497.1   549.2   712.4   585.9
Payables / provisions / tax liabilities / financial liabilities (382.3)   (520.2)   (519.5)   (655.7)   (684.1)
Post-employment benefits net assets / employee benefits obligations (3.0)   18.8   0.9   16.4   (151.6)
 
 
 
 
 
  1,299.5   1,456.5   1,442.9   1,770.7   1,710.5
 
 
 
 
 
Financed by:                  
Net borrowings and finance leases 369.6   412.0   364.8   610.4   534.4
Retained earnings 594.5   708.0   783.7   879.1   849.6
Share capital, share premium, shares held in ESOTs and other reserves 327.9   330.1   292.0   279.8   325.7
Minority interests 7.5   6.4   2.4   1.4   0.8
 
 
 
 
 
Capital employed 1,299.5   1,456.5   1,442.9   1,770.7   1,710.5
 
 
 
 
 
                   
Return on invested capital 16.7%   17.1%   17.6%   18.5%   17.1%
(Underlying operating profit / average capital employed)
 
Figures for 2006 onwards have been prepared under IFRS. Figures for 2005 have been restated for IFRS. The balance sheet for 2008 has been restated for the changes to Argillon Group’s fair value at acquisition and goodwill on acquisition.
 
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