Group OverviewSenior Management ReviewOperating and Financial ReviewDirectors’ ReportsAccountsShareholder Information
Year ended 31 December IFRS
2006
£m
IFRS
2005
£m
IFRS
2004
£m
UK GAAP
2003
£m
UK GAAP
2002
£m
Revenue 2,525.5 2,216.0 2,354.5 2,565.7 2,572.3
Normalised* operating profit 184.8 155.5 143.3 128.9 125.9
Group operating profit 141.6 109.5 99.9 83.2 67.2
Profit before tax 104.1 89.3 77.9 54.1 (85.6)
Statistics        
Basic earnings/(loss) per share 50.7p (2.0)p 45.7p 31.9p (80.0)p
Normalised* diluted earnings per share 76.5p 76.3p 69.3p 50.1p 52.3p
Dividends per share 34.75p 32.25p 30.0p 26.0p 24.5p
Net assets 345.5 312.3 266.8 264.2 262.6
Net (debt)/funds        
Cash in bank and in hand 143.6 145.5 147.2 97.0 93.7
Other debt receivable 1.0 1.0
Loan notes (0.8) (0.8) (7.5) (8.4) (9.1)
Bank and other loans (478.1) (594.5) (215.5) (324.4) (361.2)
Bank overdrafts (5.5) (0.2)
Finance lease obligations (103.1) (109.1) (61.8) (53.1) (58.0)
  (438.4) (563.4) (136.6) (289.1) (334.6)
Net gearing 127% 180% 51% 109% 127%

*Normalised results are defined as the statutory results before the following as appropriate: profit or loss on sale of businesses, exceptional profit or loss on sale of non-current assets and charges for goodwill impairment, intangible asset amortisation, property, plant and equipment impairments, exceptional items and tax relief on qualifying exceptional items.