GUS Annual Report 2004 - Financial statements: Note of Group historical cost profits

Group overview

Financial highlights

Chairman's statement

Chief executive's review

Operational review

Financial review

Responsibilities and governance

Financial statements

Group profit and loss account

Statement of Group total recognised gains and losses

Note of Group historical cost profits

Reconciliation of movement in Group shareholders' funds

Group balance sheet

Parent company balance sheet

Group cash flow statement

Notes to the financial statements

Five year summary

Principal subsidiary undertakings

Shareholder information


	Download page (PDF)

	Add to print basket

	Show print basket

	Download centre

www.gusplc.com

Accessibility

for the year ended 31 March 2004

	2004 £m	2003 £m
Reported profit on ordinary activities before taxation	692	409
Realisation of property revaluation gains of previous years	93	8
Historical cost profit on ordinary activities before taxation	785	417
Historical cost retained profit for the year after taxation, minority interests and dividends	295	27

There is no difference between the actual depreciation charge for the year and the depreciation charge on the historical cost basis.

In the year ended 31 March 2004, the realisation of property revaluation gains of previous years arises principally as a result of the sale of the home shopping and Reality businesses and the disposal of the interest in BL Universal PLC.