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National Grid

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Annual Report and Accounts 2006/07

Report highlights

  • Chairman's statement

    I believe our refreshed strategy will position us to take full advantage of the value creating opportunities we foresee over the next few years.

  • Business overview

    National Grid's main operations are based in the UK and northeastern US.

  • Revenue*

    £8,695m

    2005/06: £8,868m, down 2%

  • Chief Executive's review

    National Grid is well positioned in the UK and US to take advantage of the global growth opportunity.

  • Adjusted operating profit *†

    £2,454m

    2005/06: £2,457m

     

    * for continuing operations

    † excludes the impact of exceptional items and remeasurements