| IFRS | UK GAAP | |||||
|---|---|---|---|---|---|---|
| 2006
$m |
2005
$m |
2004
$m |
2003
$m |
2002
$m |
||
| Revenue | ||||||
| UK and Ireland | 4,811 | 4,353 | 3,692 | 3,013 | 2,439 | |
| France | 3,085 | 3,044 | 2,840 | 1,049 | 792 | |
| Central Europe | 1,315 | 1,188 | 911 | 654 | 437 | |
| Europe | 9,211 | 8,585 | 7,443 | 4,716 | 3,668 | |
| US Plumbing and Heating | 9,651 | 7,142 | 5,940 | 5,033 | 4,707 | |
| US Building Materials | 5,305 | 4,164 | 3,581 | 2,732 | 2,707 | |
| Canada | 1,155 | 948 | 782 | 632 | 526 | |
| North America | 16,111 | 12,254 | 10,303 | 8,397 | 7,940 | |
| 25,322 | 20,839 | 17,746 | 13,113 | 11,608 | ||
| Trading profit | ||||||
| UK and Ireland | 359 | 339 | 286 | 230 | 191 | |
| France | 163 | 181 | 161 | 62 | 48 | |
| Central Europe | 55 | 55 | 37 | 25 | 16 | |
| Europe Central Costs | (12) | (7) | - | - | - | |
| Europe | 565 | 568 | 484 | 317 | 255 | |
| US Plumbing and Heating | 676 | 481 | 403 | 287 | 262 | |
| US Building Materials | 343 | 243 | 191 | 129 | 137 | |
| Canada | 79 | 67 | 56 | 45 | 38 | |
| North America Central Costs | (20) | (2) | - | - | - | |
| North America | 1,078 | 789 | 650 | 461 | 437 | |
| Group Central Costs | (66) | (46) | (49) | (24) | (16) | |
| 1,577 | 1,311 | 1,085 | 754 | 676 | ||
| Amortisation of acquired intangibles | (86) | (11) | - | - | - | |
| Goodwill amortisation | - | - | (68) | (48) | (39) | |
| Operating profit | 1,491 | 1,300 | 1,017 | 706 | 637 | |
| Net interest (payable) | (116) | (69) | (37) | (27) | (39) | |
| Profit on ordinary activities before tax | 1,375 | 1,231 | 980 | 679 | 598 | |
| Current tax charge | (406) | (263) | (268) | (188) | (158) | |
| Deferred tax charge | (9) | (81) | (16) | (15) | (20) | |
| Profit on ordinary activities after tax | 960 | 887 | 696 | 476 | 420 | |
| Ordinary dividends | (313) | (288) | (244) | (196) | (159) | |
| Net assets employed | ||||||
| Intangible fixed assets | 2,812 | 1,665 | 1,212 | 1,104 | 785 | |
| Property, plant and equipment | 2,136 | 1,463 | 1,308 | 1,152 | 910 | |
| Other net assets, excluding liquid funds | 3,533 | 2,970 | 2,654 | 1,925 | 1,657 | |
| 8,481 | 6,098 | 5,174 | 4,181 | 3,352 | ||
| Financed by | ||||||
| Share capital | 278 | 260 | 266 | 233 | 226 | |
| Share premium | 538 | 423 | 364 | 286 | 264 | |
| Foreign currency translation reserve | (91) | 144 | - | - | - | |
| Profit and loss account | 4,115 | 3,214 | 2,831 | 2,333 | 2,010 | |
| Shareholders' funds | 4,840 | 4,041 | 3,461 | 2,852 | 2,500 | |
| Net debt | 3,641 | 2,057 | 1,713 | 1,329 | 852 | |
| Net assets employed | 8,481 | 6,098 | 5,174 | 4,181 | 3,352 | |
| Cumulative goodwill written off | 1,245 | 1,087 | 1,115 | 922 | 849 | |
| Gross capital employed | 9,726 | 7,185 | 6,289 | 5,103 | 4,201 | |
The above information has been extracted from the five year summary. Income statement figures have been translated using the relevant year's income statement/profit and loss US dollar translation rate. Balance sheet figures have been translated at the relevant year's balance sheet US dollar translation rate.
