Financial Highlights

  2017
£M
2016
£M
HEADLINE GROWTH CER GROWTH UNDERLYING GROWTH
BUSINESS PERFORMANCE          
Sales 4,513 4,552 (1)% (4)% (4)%
Adjusted operating profit 576 635 (9)% (13)% (9)%
Adjusted earnings per share 54.1p 58.8p (8)%    
Deferred revenue* 839 883 (5)% 2% 5%
Operating cash flow 669 663 1%    
Net debt (432) (1,092) 60%    
Dividend 17p 52p (67)%    
STATUTORY P&L          
Adjusted operating profit 576 635
     
Amortisation of intagibles (166) (221)      
Other net gains and losses 128 (25)      
Restructuring cost (79) (338)      
Impairement - (2,548)      
Impact of US tax reform (8) -      
Operating profit/(loss)
451 (2,497)      
Interest (79) (59)      
Other net finance income/(costs) 49 (1)      
Profit/(loss) before tax 421 (2,557)      
Taxation (13) 222      
Profit/(loss) after tax 408 (2,335)      
Basic EPS 49.9p (286.8)p