1988 — Page 6

*

*

*

FINANCIAL HIGHLIGHTS

1988

1987

Turnover

$M

674

636

+ 6.0%

Profit attributable to shareholders

$M

89

85

+ 4.8%

Dividends

$M

46

37

+ 25.0%

Shareholders' funds

$M

1,026

810

+26.7%

Earnings per share

Cents

51.1

51.1

Dividend per share

Cents

25.0

22.0

+13.6%

Dividend cover

Times

1.9

2.3 -17.4%

Return on equity

8.7%

10.5% -17.1%

5.6

4.9 +14.3%

Net assets per share

* These items have been affected by property revaluation.

GROUP PROFIT AFTER TAXATION

GROUP TURNOVER

900

90

88 28

800

80

85

89

700

70

600

60

500

674

50

636

400

40

30

43

42

20

10

0

561

300

486

392

438

200

100

$ Millions

4

1984

1985

1986

1987

1988

$ Millions

1984

1985

1986

1987

1988