|
|
|
|
|
|
|
all figures in
£ millions |
1995
|
1996
|
1997
|
1998
|
1999
|
|
|
|
|
|
|
Sales |
|
|
|
|
|
Continuing operations |
1,484
|
1,830
|
2,011
|
2,251
|
3,332
|
Discontinued operations |
346
|
356
|
282
|
144
|
––
|
|
|
|
1,830
|
2,186
|
2,293
|
2,395
|
3,332
|
Operating profit |
|
|
|
|
|
FT Group |
68
|
89
|
108
|
114
|
103
|
Pearson Education |
23
|
60
|
60
|
(34)
|
36
|
The Penguin Group |
26
|
(73)
|
58
|
46
|
64
|
Pearson Television |
65
|
40
|
26
|
61
|
67
|
Cedar Fair |
10
|
16
|
––
|
––
|
––
|
|
|
Continuing operations |
192
|
132
|
252
|
187
|
270
|
Discontinued operations |
75
|
57
|
76
|
63
|
48
|
|
|
|
|
|
|
Operating profit |
267
|
189
|
328
|
250
|
318
|
Operating profit before internet
enterprises, |
|
|
|
|
|
goodwill and other items |
267
|
289
|
328
|
389
|
588
|
Profit/(loss) on sale of fixed
assets and investments |
123
|
(14)
|
23
|
142
|
352
|
Profit/(loss) on sale of businesses
and associates |
6
|
229
|
(180)
|
276
|
(43)
|
|
|
Profit before interest |
396
|
404
|
171
|
668
|
627
|
Net interest payable |
(31)
|
(37)
|
(42)
|
(39)
|
(147)
|
Loan stock redemption premium |
––
|
(10)
|
––
|
––
|
––
|
|
|
Profit before taxation |
365
|
357
|
129
|
629
|
480
|
Taxation |
(93)
|
(109)
|
(89)
|
(188)
|
(180)
|
|
|
Profit after taxation |
272
|
248
|
40
|
441
|
300
|
Equity minority interests |
(11)
|
(8)
|
(2)
|
(4)
|
(6)
|
|
|
Profit for the financial year |
261
|
240
|
38
|
437
|
294
|
|
|
Adjusted earnings per equity
share before |
|
|
|
|
|
internet enterprises• |
28.8p
|
30.6p
|
34.9p
|
42.0p
|
53.3p
|
Adjusted earnings per equity
share after |
|
|
|
|
|
internet enterprises |
28.8p
|
30.6p
|
34.9p
|
42.0p
|
48.5p
|
Earnings per equity share
|
47.1p
|
42.8p
|
6.6p
|
74.1p
|
48.2p
|
Diluted earnings per equity
share |
46.4p
|
42.5p
|
6.4p
|
73.3p
|
47.5p
|
Dividends per equity share |
16.5p
|
18.0p
|
19.5p
|
21.0p
|
22.5p
|
|
|
Adjusted
in accordance with note 9. Other items comprise a £100m charge
for Penguin
improper accounting in 1996 and Year 2000 compliance costs of
£5m (1998: £7m) and
integration costs of £95m (1998: £120m) in 1999.
|
all figures in
£ millions |
1995
|
1996
|
1997
|
1998
|
1999
|
|
|
|
|
|
|
Capital employed |
|
|
|
|
|
Net assets |
856
|
393
|
156
|
1,084
|
1,327
|
Deferred tax and other provisions |
134
|
189
|
212
|
273
|
227
|
Net debt |
63
|
430
|
707
|
2,279
|
1,995
|
|
|
|
1,053
|
1,012
|
1,075
|
3,636
|
3,549
|
|
|
Share statistics |
|
|
|
|
|
Equity shares – weighted average |
554.1m
|
560.6m
|
572.8m
|
589.8m
|
610.2m
|
Share price – year end |
624p
|
750p
|
791p
|
1193p
|
2004p
|
Share price – high |
684p
|
760p
|
849p
|
1193p
|
2004p
|
Share price – low |
543p
|
601p
|
665p
|
757p
|
1173p
|
|
|
Average number employed |
|
|
|
|
|
Continuing operations |
12,540
|
13,741
|
14,526
|
15,579
|
23,872
|
Discontinued operations |
6,882
|
6,206
|
3,780
|
2,821
|
– –
|
|
|
|
19,422
|
19,947
|
18,306
|
18,400
|
23,872
|
|
|
|
|
|