2013 Annual Report and Accounts
Welcome to the online home of our annual report. Below is a selection of the key chapters, which you can download individually - or download the whole report (2.9 MB). You may also request the print version.
Our AGM is on 25 April 2014 in London. For details and related documents visit our AGM page.
1. Chairman's introduction
"While the business environment remains challenging, the board is confident that Pearson is well placed with a clear plan to deliver future growth and create value for shareholders."
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2. Chief executive's overview
"By accelerating the transformation of Pearson we become more confident of our ability to seize that once in a generation opportunity to become directly accountable for helping people make progress in their lives through learning."
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3. Financial performance
"In 2013, Pearson increased sales by 2% in headline terms to £5.2bn generating adjusted operating profit of £736m after net restructuring charges."
Our chief financial officer Robin Freestone summarises our performance, including examples from our North American, International and Professional businesses, and the Financial Times Group and Penguin Random House.
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In November 2013, we announced a new commitment to report on learning outcomes across our product portfolio from 2018. This new and transparent approach to efficacy is central to our purpose to help people make progress in their lives through learning.
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5. Responsible business
Our purpose as a company is to help people all over the world make progress in their lives through learning.
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Pearson's chairman Glen Moreno describes how our board and its committees ensure good governance; and chair of the remuneration committee David Arculus presents our report on directors' remuneration.
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7. Financial statements
Our consolidated financial statements for 2013, including the independent auditors report.
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