| |
|
|
2002 |
2001 |
| |
|
|
£m |
£m |
| Notes |
|
|
|
Restated |
 |
|
| 2 |
|
Turnover: Group and share of joint ventures |
656.7 |
596.5 |
| |
|
Less: share of joint ventures' turnover |
(54.4) |
(48.8) |
|
|
| |
|
Group turnover |
|
|
| |
|
Continuing operations |
602.3 |
526.1 |
| |
|
Discontinued operations |
- |
21.6 |
|
|
| |
|
|
602.3 |
547.7 |
| |
|
Cost of sales |
(521.3) |
(475.6) |
|
|
| |
|
Gross profit |
81.0 |
72.1 |
| |
|
Administrative expenses |
(48.3) |
(41.0) |
|
|
| |
|
Group operating profit |
32.7 |
31.1 |
| |
|
Share of operating profit in: |
|
|
| |
|
Joint ventures |
8.6 |
7.3 |
| |
|
Associates |
1.1 |
0.9 |
|
|
| |
|
|
|
|
| 2 |
|
Operating profit |
|
|
|
|
| |
|
Continuing operations |
42.4 |
35.6 |
| |
|
Discontinued operations |
- |
3.7 |
|
|
| |
|
|
42.4 |
39.3 |
| |
|
Gain on disposal of discontinued operations |
- |
19.6 |
| |
|
Goodwill previously written-off to reserves |
- |
(5.2) |
| 3 |
|
Net interest payable |
(15.0) |
(15.5) |
|
|
| 6 |
|
Profit on ordinary activities before taxation |
|
|
| |
|
Continuing operations |
27.4 |
20.1 |
| |
|
Discontinued operations |
- |
18.1 |
|
|
| |
|
|
27.4 |
38.2 |
| 8 |
|
Taxation |
(7.8) |
(10.1) |
|
|
| |
|
Profit after taxation for the financial year |
19.6 |
28.1 |
| 9 |
|
Dividends |
(4.5) |
(4.0) |
|
|
| |
|
|
|
|
| 19 |
|
Transfer to reserves |
15.1 |
24.1 |
|
|
| |
|
|
|
|
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