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Report of the directors
Financial analysis
Statement of director's responsibility
Report of the auditors
Five year financial summary
Quarterly analysis of turnover and profit
Account policies
Group profit and loss account
Group statement of total recognised gains and losses
Group cash flow statement
Group balance sheet
Balance sheet of the company
Notes to the financial statements
Participating interests
United States Generally Accepted Accounting Principles reconciliations
Financial statistics
Operational statistics

Analysis of shareholders
Financial calender and supplementary information

Director's Report ans Financial Statements 1993Director's Report ans Financial Statements 1993 illustration of bird's eye view of houses
 

Quarterly analysis of turnover and profit
(unaudited)

 
  Year ended 31 March 1993 Quarters 1st
£m
2nd
£m
3rd
£m
4th
£m
Total
£m
 
  Turnover 3,273 3,258 3,281 3,430 13,242
 
  Operating profit (a) 799 491 830 329 2,449
  Loss (profit) on sale of subsidiary undertakings 135 - - (3) 132
 
  Profit before employee share ownership scheme and interest 664 491 830 332 2,317
  Employee share ownership scheme - - - 33 33
  Interest receivable (67) (72) (65) (47) (251)
  Interest payable 135 132 134 106 507
  Premium on repurchase of bonds - - 56 - 56
 
  Profit on ordinary activities before taxation 596 431 705 240 1,972
  Tax on profit on ordinary activities 245 144 255 80 724
 
  Profit on ordinary activities after taxation 351 287 450 160 1,248
  Minority interests 6 7 5 10 28
 
  Profit attributable to shareholders 345 280 445 150 1,220
 
  Earnings per share 5.6p 4.5p 7.2p 2.4p 19.8p
 
  (a) including redundancy charges 56 386 17 575 1,034
 
  Year ended 31 March 1992 Quarters 1st
£m
2nd
£m
3rd
£m
4th
£m
Total
£m
 
  Turnover 3,342 3,290 3,292 3,413 13,337
 
  Operating profit (a) 920 860 831 804 3,415
  Employee share ownership scheme - - - 38 38
  Interest receivable (49) (68) (69) (72) (258)
  Interest payable 144 143 141 134 562
 
  Profit on ordinary activities before taxation 825 785 759 704 3,073
  Tax on profit on ordinary activities 268 255 247 229 999
 
  Profit on ordinary activities after taxation 557 530 512 475 2,074
  Minority interests 6 9 6 9 30
 
  Profit attributable to shareholders 551 521 506 466 2,044
 
  Earnings per share 9.Op 8.5p 8.2p 7.6p 33.2p
 
  (a) including redundancy charges 6 3 9 12 30
 



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