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Financial Statements Notes
 
  01   02    
 
  2003   2002   2001   2000   1999  
Results £m   £m   £m   £m   £m  
                     
Turnover 91.5   60.1   31.1   17.0   11.1  
Operating profit 21.0   13.1   5.8   3.1   1.1  
Normalised profit before tax1 23.5   15.4   7.2   3.1   0.8  
 
  2003   2002   2001   2000   1999  
Key Statistics £m   £m   £m   £m   £m  
                     
Earnings per share 11.17p   7.69p   3.07p   1.95p   n/a2  
Diluted earnings per share 11.08p   7.61p   3.06p   1.95p   n/a2  
Underlying earnings per share 15.09p   10.49p   4.77p   2.46p   n/a2  
                     
Net debt/(funds) 2.9   (3.7)   13.5   3.6   1.2  
Net gearing 3.9%   (7.6)%   48.5%   37.2%   225.8%  
                     
Net cash flow from operating activities 23.5   16.9   8.3   (1.2)   2.9  
                     
Average monthly number of employees 580   430   252   162   81  
 
   
1 stated before amortisation of goodwill and exceptional items  
2 comparative EPS for 1999 is not applicable as period was pre-flotation  
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