Reported results - 2000
Group profit and loss - Final

Group profit and loss account

Year ended 31 December 2000

Group profit and loss

 

2000
$m*

2000
£m

1999
£m


Turnover

6,653.5

4,453.5

4,342.9

Duty

(5,101.7)

(3,414.8)

(3,381.7)

Other costs and overheads less other operating income

(903.6)

(604.8)

(544.5)

Operating profit

648.2

433.9

416.7

Interest

(140.4)

(94.0)

(75.7)

Profit on ordinary activities before taxation

507.8

339.9

341.0

Taxation

(136.4)

(91.3)

(99.6)

Profit on ordinary activities after taxation

371.4

248.6

241.4

Dividends

(217.5)

(145.6)

(147.3)

Retained profit for the year

153.9

103.0

94.1

Earnings per ordinary share

 

 

 

Basic

58.7c

39.3p

36.1p

Adjusted (a)

59.6c

39.9p

36.1p

Fully adjusted (b)

61.3c

41.0p

36.9p

Diluted

58.6c

39.2p

36.0p

Dividends per ordinary share

 

 

 

Final proposed

24.1c

16.1p

15.0p

Total for the year

35.5c

23.75p

22.25p


The turnover and profit figures above relate to continuing operations.

There is no difference between the profit on ordinary activities before taxation and the retained profit for the financial year stated above and their historical cost equivalents.

(a) Adjusted - before goodwill amortisation arising on the acquisition of Liggett-Ducat.
(b) Fully adjusted - before all intangible asset amortisation.

*

US dollar equivalents are provided for reader convenience at the 31 December 2000 exchange rate of £1:US$1.494.

Source: Final results 2000 news release