REUTERS GROUP PLC ANNUAL REPORT AND ACCOUNTS 1999

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Summary of 1998 and 1999 results1999 1998Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4Revenue £M £M £M £M £M £M £M £MReuters InformationEurope, Middle East and Africa 247 243 243 241 227 230 230 244Asia/Pacific 75 74 75 78 71 72 69 71The Americas 83 86 87 87 77 77 82 81Total 405 403 405 406 375 379 381 396Reuters Trading SystemsDealing 101 99 99 98 108 109 106 104Financial Enterprise Systems 59 63 68 70 58 57 67 93Risk Management Systems 18 26 15 30 13 20 15 35Other 7 6 7 14 3 6 8 6Reuters Voice Systems(disposed of in December 1998) – – – – 2 5 8 4Total 185 194 189 212 184 197 204 242InstinetUS 98 102 99 108 82 86 96 97International 27 28 30 32 19 21 23 22Fixed Income – – – 1 – – – –Total 125 130 129 141 101 107 119 119Reuters Ventures 37 37 41 42 38 38 38 40Reuters Business Briefing (RBB) 15 16 – – 13 12 14 15TIBCO Software (TSI) (see note 32) 8 13 – – 7 7 10 11Intra group revenue (4) (2) (1) (1) (3) (2) (5) (5)Total revenue 771 791 763 800 715 738 761 818Adjustment for TSI/RBB (23) (29) – – (20) (19) (24) (26)Divisional revenue 748 762 763 800 695 719 737 79282 Reuters Group PLC Annual Report 1999
1999 1998H1 H2 FY H1 H2 FYCosts £M £M £M £M £M £MReuters Information (694) (672) (1,366) (662) (711) (1,373)Reuters Trading Systems (262) (288) (550) (246) (295) (541)Instinet (175) (221) (396) (133) (158) (291)Reuters Ventures (79) (93) (172) (88) (93) (181)RBB (32) – (32) (33) (33) (66)TSI (27) – (27) (15) (23) (38)Intra group costs 6 2 8 5 10 15Total costs (1,263) (1,272) (2,535) (1,172) (1,303) (2,475)Adjustment for TSI/RBB 59 – 59 48 56 104Divisional costs (1,204) (1,272) (2,476) (1,124) (1,247) (2,371)ContributionReuters Information 114 139 253 92 66 158Reuters Trading Systems 117 113 230 135 151 286Instinet 80 49 129 75 80 155Reuters Ventures (5) (10) (15) (12) (15) (27)RBB (1) – (1) (8) (4) (12)TSI (6) – (6) (1) (2) (3)Total contribution 299 291 590 281 276 557Adjustment for TSI/RBB 7 – 7 9 6 15Divisional contribution 306 291 597 290 282 572Reuters Group PLC Annual Report 1999 83
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REUTERS GROUP PLC ANNUAL REPORT AND
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2 Financial highlights3 Five year s
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From the Chairman.Theus now is Inte
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Reuters, wherChief Executive Peter
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Peter Job talks about theprojection
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TO FIND OUT MORE VISITwww.reuters.c
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Board of Directors1 2 34 567 8Non-e
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Financial Review and Statements Con
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the world. In 1999, television, tex
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appointments of non-executive direc
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EXECUTIVE DIRECTORS’ SERVICECONTR
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The table below shows the number of
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Vested options on Reuters Group PLC
Page 33 and 34: Statement of directors’ responsib
Page 35 and 36: Operating and financial reviewThe f
Page 37 and 38: growth of 6% at comparable rates. I
Page 39 and 40: OtherYear to 31 December£m 1999 19
Page 41 and 42: ownership trust compared with £7 m
Page 43 and 44: market value of the Greenhouse Fund
Page 45 and 46: through internet-based infrastructu
Page 47 and 48: Notes on the consolidated profit an
Page 49 and 50: 2. Operating costs1999 % 1998 % 199
Page 51 and 52: 4. Taxation on profit on ordinary a
Page 53 and 54: Consolidated cash flow statement fo
Page 55 and 56: 11. Analysis of net fundsBANK/OTHER
Page 57 and 58: 12. Derivatives and other financial
Page 59 and 60: Reconciliation of movements in shar
Page 61 and 62: 15. Tangible assetsOFFICECOMPUTER E
Page 63 and 64: 17. Stocks1999 1998 1997£M £M £M
Page 65 and 66: 23. Pensions and similar obligation
Page 67 and 68: 26. Capital and reservesPROFIT ANDC
Page 69 and 70: 29. Employee share option plansReut
Page 71 and 72: 32. Acquisitions and disposalsDurin
Page 73 and 74: Balance sheet of Reuters Group PLC
Page 75 and 76: Accounting policiesAccounting basis
Page 77 and 78: Summary of differences between UK a
Page 79 and 80: 38. Adjustments to shareholders’
Page 81 and 82: Other information for shareholdersI
Page 83: Financial diary for 2000Tuesday 8 F
Page 87 and 88: 1999 1998Net assets £M £MReuters
Page 89 and 90: 1996 1995 1994 1993 1992 1991 1990
Page 91: Where to find usCorporate headquart
Page 94: www.reuters.com/ REUTERS GROUP PLC
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REUTERS GROUP PLC ANNUAL REPORT AND ACCOUNTS 1999

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