Highlights
Revenue*
£8,695m
2005/06: £8,868m, down 2%
Adjusted operating profit*†
£2,454m
2005/06: £2,457m
Adjusted earnings per share*†
47.7p
2005/06: 45.5p, up 5%
Cash generated from operations*
£3,090m
2005/06: £2,973m, up 4%
Operating profit*
£2,513m
2005/06: £2,374m, up 6%
Earnings per share*
48.1p
2005/06: 41.6p, up 16%
Capital expenditure*
£2,345m
2005/06: £1,907m, up 23%
Return on equity
12.4%
Three year average
Ordinary dividends
28.7p
2005/06: 26.1p, up 10%
Lost time injuries
142
2005/06: 117, up 21%
Percentage of females in workforce
23.7%
2005/06: 23.4%
Reduction in greenhouse gas emissions
35%
2005/06: 26%
New operating structure
New lines of business are now in place as part of the strategic review.
See Strategic review
Disposal of wireless business
Sale of the UK wireless business on 3 April 2007 for £2.5 billion and announced intended £1.8 billion share buy-back with the proceeds.
See Discontinued operations and Dividend and share buy-back policies
£169 million share buy-back
We have commenced a share buy-back programme, in 2006/07 this amounted to £169 million.
Responsible business approach
We have been recognised as a ‘Platinum’ company in the Business in the Community 2006 Corporate Responsibility Index.
See Responsibility
* for continuing operations
† excludes the impact of exceptional items and remeasurements
Important Notice:
This document contains certain statements that are neither reported financial statements nor other historical information. These statements are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. For a description of factors that could affect future results, reference should be made to the full 'Cautionary Statement' under General Information.