All figures in £ millions |
2006 |
2007 |
2008 |
2009 |
2010 |
Sales |
|
|
|
|
|
North American Education |
1,679 |
1,667 |
2,002 |
2,470 |
2,640 |
International Education |
640 |
735 |
866 |
1,035 |
1,234 |
Professional |
211 |
226 |
244 |
275 |
333 |
Education |
2,530 |
2,628 |
3,112 |
3,780 |
4,207 |
FT Group |
280 |
344 |
390 |
358 |
403 |
Penguin |
848 |
846 |
903 |
1,002 |
1,053 |
Continuing |
3,658 |
3,818 |
4,405 |
5,140 |
5,663 |
Discontinued |
765 |
511 |
414 |
484 |
296 |
Total sales |
4,423 |
4,329 |
4,819 |
5,624 |
5,959 |
|
|
|
|
|
|
Adjusted operating profit |
|
|
|
|
|
North American Education |
280 |
273 |
303 |
403 |
469 |
International Education |
73 |
92 |
135 |
141 |
171 |
Professional |
17 |
27 |
36 |
43 |
51 |
Education |
370 |
392 |
474 |
587 |
691 |
FT Group |
27 |
56 |
74 |
39 |
60 |
Penguin |
66 |
74 |
93 |
84 |
106 |
Continuing |
463 |
522 |
641 |
710 |
857 |
Discontinued |
129 |
112 |
121 |
148 |
81 |
Total adjusted operating profit |
592 |
634 |
762 |
858 |
938 |
|
|
|
|
|
|
Operating margin – continuing |
12.7% |
13.7% |
14.6% |
13.8% |
15.1% |
|
|
|
|
|
|
Adjusted earnings |
|
|
|
|
|
Total adjusted operating profit |
592 |
634 |
762 |
858 |
938 |
Net finance costs |
(90) |
(85) |
(88) |
(97) |
(85) |
Income tax |
(130) |
(145) |
(178) |
(194) |
(215) |
Non-controlling interest |
(28) |
(32) |
(36) |
(44) |
(17) |
Adjusted earnings |
344 |
372 |
460 |
523 |
621 |
Weighted average number of shares (millions) |
798.4 |
796.8 |
797.0 |
799.3 |
801.2 |
Adjusted earnings per share |
43.1p |
46.7p |
57.7p |
65.4p |
77.5p |
Cash flow |
|
|
|
|
|
Operating cash flow |
575 |
684 |
796 |
913 |
1,057 |
Operating cash conversion |
97% |
108% |
104% |
106% |
113% |
Operating free cash flow |
434 |
533 |
631 |
723 |
904 |
Operating free cash flow per share |
54.4p |
66.9p |
79.2p |
90.5p |
112.8p |
Total free cash flow |
433 |
407 |
631 |
723 |
904 |
Total free cash flow per share |
54.2p |
51.1p |
79.2p |
90.5p |
112.8p |
|
|
|
|
|
|
Net assets |
3,644 |
3,874 |
5,024 |
4,636 |
5,605 |
|
|
|
|
|
|
Net debt |
1,059 |
973 |
1,460 |
1,092 |
430 |
|
|
|
|
|
|
Return on invested capital (gross basis) |
|
|
|
|
|
Total adjusted operating profit |
592 |
634 |
762 |
858 |
938 |
Cash tax paid |
(59) |
(61) |
(89) |
(103) |
(85) |
Return |
533 |
573 |
673 |
755 |
853 |
Average invested capital |
6,553 |
6,423 |
7,337 |
8,504 |
8,315 |
Return on invested capital |
8.1% |
8.9% |
9.2% |
8.9% |
10.3% |
|
|
|
|
|
|
Dividend per share |
29.3p |
31.6p |
33.8p |
35.5p |
38.7p |