Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
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Consolidated profit and loss account<br />
for the year ended 3l March <strong>1995</strong><br />
<br />
Turnover<br />
Continuing operations<br />
Acquisitions<br />
<br />
<br />
<br />
<br />
<br />
<br />
Cost of sales<br />
Gross profit<br />
Distribution costs<br />
Administration expenses<br />
Other operating income (expenses)<br />
<br />
<br />
<br />
<br />
<br />
Utilisation ofprovisions by discontinued operations 2 -<br />
Share ofprofits less losses ofassociated undertakings 2<br />
Operating profit<br />
Continuing operations<br />
<br />
Discontinued operations<br />
Non-operating exceptional items :<br />
Profrts (losses) on businesses disposed<br />
of or terminated<br />
- continuing operations<br />
- discontinued operations<br />
Profits (losses) on disposal of fixed assets<br />
and investments<br />
Profit before frnance charges<br />
Finance charges<br />
<br />
<br />
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<br />
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<br />
- continuing operations 9.7 9.7<br />
Profit on ordinary activities before taxation<br />
Taxation on profrt on ordrnary activities<br />
Profit on ordinary activities after taxation<br />
Minority interests (equity)<br />
<br />
<br />
<br />
<br />
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<br />
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<br />
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<br />
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<br />
Profit attributable to members of the Holding Company<br />
<br />
<br />
Transfer (from) to profit and loss reserve<br />
<br />
<br />
Note: Reconciliation of adiusted earnings<br />
Profit attributable to members of the Holding Company 9<br />
Adjustments : Exceptional items<br />
Attributable taxation<br />
Adjusted earnings<br />
<br />
<br />
<br />
Eanings<br />
<br />
<br />
<br />
<br />
<br />
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Tbe bas;. eardings per Ordinary Sbare of25.0p (1994: 48.2p) is c.lculated upon the Profrt attributable to nenb€rs of the Holdin8 Company.<br />
Th€re is no dilution inpact on basic earninss in the year and the fully diluted earnin8s p€r ordinary Shar€ ; therefore also 25.0p (1994: 477p).
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