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- BOC INVESTOR RELATIONS |
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Annual review and summary financial statements 2004 |
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- ANNUAL REPORT 2004 |
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HIGHLIGHTS |
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CHAIRMAN'S STATEMENT |
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CHIEF EXECUTIVE'S REVIEW |
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IMPLEMENTING OUR STRATEGY AROUND THE WORLD |
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OPERATING REVIEW |
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CORPORATE RESPONSIBILITY |
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OUR KEY PEOPLE |
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RESULTS |
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| Turnover (subsidary companies) |
| 2004 |
| £3,885.4m |
| 2003 £3,718.3m |
| 2002 £3,657.7m |
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| Operating profit |
| 2004 |
| £559.5m |
| 2003 £438.6m |
| 2002 £425.6m |
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| Profit before tax |
| 2004 |
| £412.3m |
| 2003 £351.9m |
| 2002 £335.3m |
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Turnover – including share of
joint ventures and associates |
| 2004 |
| £4,599.3m |
| 2003 £4,323.2m |
| 2002 £4,017.9m |
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| Adjusted operating profit |
| 2004 |
| £576.9m |
| 2003 £505.6m |
| 2002 £500.1m |
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| Adjusted profit before tax |
| 2004 |
| £504.3m |
| 2003 £418.9m |
| 2002 £430.0m |
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| Earnings per share |
| 2004 |
| 53.5p |
| 2003 44.5p |
| 2002 41.4p |
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| Dividends per share |
| 2004 |
| 40.0p |
| 2003 39p |
| 2002 38p |
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| Return on capital employed |
| 2004 |
| 14.9% |
| 2003 10.9% |
| 2002 10.6% |
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| Adjusted earnings per share |
| 2004 |
| 63.2p |
| 2003 52.9p |
| 2002 55.9p |
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| Adjusted return on capital employed |
| 2004 |
| 15.4% |
| 2003 12.6% |
| 2002 12.5% |
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Figures shown as 'adjusted' exclude exceptional items. Other figures shown are prepared under UK Generally Accepted Accounting Principles (GAAP) and include all exceptional items.
Adjusted figures are presented to provide a more meaningful indication of underlying business performance and trends. These are the primary performance figures used by Group management.
In accordance with guidance and regulations issued by UK and US regulatory bodies, where adjusted (or non-GAAP) figures are shown, the comparable GAAP figures are also shown. |
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