full year results presentation ended 2 october 2004 23 november agenda introduction peter brooks financial performance dave wrench review mcculloch 2005 overview outlook q & a 3 continued progress profit before tax 109 0 85 8 15 9 25 120 100 80 60 40 20 2001 2002 2003 m 4 net debt 365 186 1 139 7 91 50 150 200 250 300 350 400 dividend status i adjusted for exceptional items goodwill amortisation eps further all deferred ii disposals and foreign exchange but not the extra week iii iv in 21 916 1interest 35139 791 3net pre 18638 941 2profit 88 08 6adjusted diluted earnings per share pence 6 857 3operating 5 679 4656 1sales like change