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Directors’ responsibilities statement
Independent auditors’ report
Consolidated profit & loss account
Balance sheet
Cash flow statement
Movement in net borrowings
Statement of total recognised gains and losses
Reconciliation of movements in shareholders’ funds
Notes to the financial statements
Five year record
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First day of trading of redeemable B shares
3
Nov
2003
2
May
2003
4
Nov
2002
2
May
2002
2
Nov
2001
2
May
2001
Number of redeemable B shares issued of 1 penny nominal value for each ordinary share held
1.1
1.1
1.1
1.0
2.1
3.3
Redeemable B share price on the first day of trading
0.750
p
0.750
p
0.875
p
0.875
p
0.750
p
0.625
p
Ordinary share price on the same day
37.37
p
24.75
p
24.75
p
31.5
p
30.0
p
67.0
p
Apportionment percentage for the calculation of capital gains tax:
Ordinary shares
97.84
%
96.78
%
96.36
%
97.30
%
95.02
%
97.01
%
Redeemable B shares
(apportioned to the number of redeemable B shares issued for each ordinary share held)
2.16
%
3.22
%
3.64
%
2.70
%
4.98
%
2.99
%
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