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Profit & Loss Account

For the fifty two weeks ended 26 March 2005

Notes

Continuing operations
£'000

Discontinued operations
£'000
2005 Total
£'000
2004 Total
£'000
Turnover
1
117,042
32,117
149,159
135,937

Operating Profit
2
15,399
2,948
18,347
17,097

Exceptional items
Profit on disposal of Joplings -
3,414
3,414 -
Goodwill written off on disposal of Joplings -
(4,725)
(4,725) -
Net exceptional loss on disposal -
(1,311)
(1,311) -

Profit before interest
15,399
1,637
17,036
17,097
Interest
(208)
(640)
Profit before tax
16,828
16,457

Taxation
(3,754)
(4,756)
Profit for the financial year
13,074
11,701
Dividends (including non-equity)
4
(5,515)
(3,826)
Retained profit for the financial year
7,559
7,875

Earnings per share
8
-Basic 11.94p 10.76p
-Diluted 11.68p 10.63p

Dividends per ordinary share 5.00p 3.50p

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