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Five Year Record

  2004
UK GAAP
£m
2005
IFRS
£m
2006
IFRS
£m
2007
IFRS
£m
2008
IFRS
£m
Revenue 513.7 556.1 595.5 652.8 666.1
Profit before goodwill and exceptional items 77.7 89.7 101.5 98.0 85.1
Exceptional items (0.5) (35.5) (3.3) (8.9)
Goodwill amortisation (7.0)
Profit before taxation 70.2 54.2 101.5 94.7 76.2
Taxation* (21.8) (15.1) (28.2) (12.4) (14.4)
Profit after taxation 48.4 39.1 73.3 82.3 61.8
Capital employed 648.3 640.2 653.2 748.5 706.9
Earnings per ordinary share† 16.7p 13.0p 23.8p 27.9p 22.7p
Goodwill and exceptional items† 2.2p 7.8p (1.7)p 2.9p
Earnings per ordinary share before goodwill and exceptional items† 18.9p 20.8p 23.8p 26.2p 25.6p
Dividend per ordinary share† 8.8p 9.7p 10.7p 12.8p 13.3p
Retail price index 100.0 102.7 106.4 110.6 116.1
Earnings per share growth 100.0 77.8 142.5 167.1 135.9
Earnings per share growth before goodwill and exceptional items 100.0 110.1 125.9 138.6 135.4
Dividend growth 100.0 110.2 121.6 145.5 151.1

* Taxation includes an exceptional charge of £1.4 million in 2008 relating to the phasing out of industrial buildings allowances and an exceptional credit of £7.2 million in 2007 relating to the change in tax rate and abolition of balancing charges.

† Adjusted to reflect the 4-for-1 share split on 9 January 2007.

Earnings per share growth is distorted by the transition from UK GAAP to IFRS but has been presented for completeness.

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