Annual Report and Accounts - Hemscott IR

More documents

Recommendations

Info

Financial Highlights Operating Highlights Group revenue up 1.4% at £4,845m, down 1.4% on a like-for-like basis Adjusted operating profit, up 4.3% to £327m, adjusted PBT up 1.1% to £300m, and adjusted EPS up 2.1% to 95.1p Sustained adjusted operating margin at 6.7% Reported PBT after exceptional items up 16.2% to £313m Free cash flow generated of £242m Underlying £155m debt reduction, net debt down to £452m, and financing ratios further improved Full year dividend of 25p per share up 25%, with adjusted dividend cover now 3.8 times Increased BSS synergy target achieved and integration programme near completion Toolstation network expansion to 123 branches and Toolstation Europe trial launched Gross margin before synergies increased by 0.2% Tight cost control, like-forlike overheads down 2.3% Solfex systems acquired on 30 January 2013 for initial consideration of £8m 2
T R A V I S P E R K I N S A N N U A L R E P O R T A N D A C C O U N T S 2 0 1 2 Financial Summary 2012 2011 £m % £m OVERVIEW Revenue 4,844.9 1.4 4,779.1 Adjusted: * Note Operating profit 5a 326.6 4.3 313.2 Profit before taxation 5b 299.9 1.1 296.7 Profit after taxation 5b 226.8 3.6 219.0 Adjusted earnings per ordinary share (pence) 11b 95.1 2.1 93.1 Statutory: Operating profit 300.5 3.4 290.5 Profit before taxation 313.3 16.2 269.6 Profit after taxation 259.6 22.2 212.4 Basic earnings per ordinary share (pence) 108.9 20.6 90.3 Total dividend declared per ordinary share (pence) 12 25.0p 25.0 20.0p * Throughout this Annual Report the term ‘adjusted’ has been used to signify that the effects of the exceptional items, amortisation of intangible assets and the associated tax impacts have been excluded from the disclosure being made. 3
Page 1 and 2: TRAVIS PERKINS PLC Travis Perkins T
Page 3: T R A V I S P E R K I N S A N N U A
Page 7 and 8: T R A V I S P E R K I N S A N N U A
Page 17: T R A V I S P E R K I N S A N N U A
Page 20 and 21: Chairman’s Statement FOR THE YEAR
Page 22 and 23: Chief Executive’s Review of the Y
Page 24 and 25: C H I E F E X E C U T I V E ’ S R
Page 30 and 31: Post year end acquisition We expect
Page 32 and 33: Deputy Chief Executive’s Review o
Page 34 and 35: D E P U T Y C H I E F E X E C U T I
Page 40 and 41: Finance Director’s Review of the
Page 42 and 43: F I N A N C E D I R E C T O R ’ S
Page 44 and 45: F I N A N C E D I R E C T O R ’ S
Page 46 and 47: Statement of Principal Risks and Un
Page 48 and 49: Environmental Report FOR THE YEAR E
Page 50 and 51: E N V I R O N M E N T A L R E P O R
Page 52 and 53: Health and Safety Report FOR THE YE
Page 54 and 55:
H E A L T H A N D S A F E T Y R E P
Page 56 and 57:
Directors Robert Walker Geoff Coope
Page 58 and 59:
Corporate Responsibility Statement
Page 60 and 61:
Corporate Governance Board committe
Page 62 and 63:
Corporate Governance Audit committe
Page 64 and 65:
Audit Committee Report • The effe
Page 66 and 67:
Directors’ Remuneration Report FO
Page 68 and 69:
Directors’ Remuneration Report ta
Page 70 and 71:
Directors’ Remuneration Report Re
Page 72 and 73:
Directors’ Remuneration Report Ex
Page 74 and 75:
Directors’ Remuneration Report Tr
Page 76 and 77:
Directors’ Remuneration Report Ex
Page 78 and 79:
Directors’ Report FOR THE YEAR EN
Page 80 and 81:
Directors’ Report listed on the L
Page 82 and 83:
Statement of Directors’ Responsib
Page 84 and 85:
Income Statements FOR THE YEAR ENDE
Page 86 and 87:
Balance Sheets As at 31 December 20
Page 88 and 89:
Consolidated Statement of Changes i
Page 90 and 91:
Cash Flow Statements FOR THE YEAR E
Page 92 and 93:
NOTES TO THE FINANCIAL STATEMENTS
Page 94 and 95:
NOTES TO THE FINANCIAL STATEMENTS D
Page 96 and 97:
NOTES TO THE FINANCIAL STATEMENTS 4
Page 98 and 99:
Page 100 and 101:
Page 102 and 103:
Page 104 and 105:
Page 106 and 107:
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Five Year Record Consolidated incom
Page 134 and 135:
Notice of Annual General Meeting No
Page 136 and 137:
Notes to the Notice of Annual Gener
Page 138 and 139:
Directions to the Annual General Me
Page 140 and 141:
Other Shareholder Information recei
Page 142 and 143:
140 Shareholder Notes
Page 144:
TRAVIS PERKINS PLC Travis Perkins p
show all

Annual Report and Accounts - Hemscott IR

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?