Financial performance

Notes

1. Results not restated under IFRS. The principal adjustments to translate the UK GAAP results to IFRS are: cease amortisation of goodwill and provide additional intangible asset amortisation; inclusion of the pension deficit; additional equity-settled share-based payments expense; the joint venture presentational adjustment which presents joint venture tax and interest within operating profit; and cease accruing for proposed dividends.

2. Adjusted operating profit is operating profit adjusted for integration and restructuring costs (2007), Richmond property disposal (2006), amortisation of intangible assets (2007, 2006, 2005), impairment of goodwill (2006), joint venture net financiang costs and taxation (2007, 2006, 2005) and amortisation of goodwill (2004, 2003, 2002). Basic adjusted earnings per share is basic earnings per share adjusted for the post tax effects of those items listed above.

3. Under adopted IFRS the final dividend proposed was not included as a liability in the balance sheet, in accordance with 'IAS 10 - Events after the Balance Sheet Date'.