Financial Results 2008
Financial Highlights
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20041
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2005
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2006
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2007
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2008
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€m
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€m
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€m
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€m
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€m
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| Turnover |
707.3
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730.2
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893.7
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1,023.8
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1,129.7
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EBITDA
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378.9
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458.6
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527.3
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542.4
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654.3
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| Income from operating activities |
233.4
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303.3
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352.9
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353.2
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460.6
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Net Income before exceptional items
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122.9
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165.6
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209.1
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238.5
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254.1
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| Net Income |
122.9
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165.6
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209.1
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238.5
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239.7
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Capital expenditure
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250.4
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313.4
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351.5
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517.3
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820.8
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| Cash generated from operations (before interest & tax) |
302.5
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459.2
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563.42
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577.8
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616.0
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Key ratios
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| Net asset turnover4 |
1.45
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1.21
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1.30
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1.29
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1.49
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| Return on sales3 |
17.4%
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22.7%
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234.%
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23.3%
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21.2%
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| Return on equity4 |
25.2%
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27.5%
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30.4%
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30.1%
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31.6%
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| Basic Earnings per Share before exceptionals (€cents) |
73.2
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98.6
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124.5
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142.0
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151.3
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| Basic Earnings per Share (€cents) |
73.2
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98.6
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124.5
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142.0
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142.7
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1 2004 IFRS figures have been restated due to a change in the accounting policy for stock.
2 Cash generated from operations in 2006 has been restated to include fixed asset prepayments within Investing Activities and provisions have been adjusted to reflect decommissioning asset additions.
3 Return on sales is net income (after exceptional items) as a percentage of turnover.
4 Net asset turnover and Return on equity have been calculated using an average of Net assets and equity (excluding minorities) respectively.2004 IFRS ratios are calculated using an average of the 2004 IFRS figures and 2003 UK GAAP figures; the ratios have been given for illustrative purposes.
