2005 annual review raising our game value in steel ifc1 document heading section running header how is corus performing we have delivered strong financial and operating results underlying profit increased 14 a challenging year underpinned by benefits of some 220 million from restoring success programme 1 highlights group 680m before restructuring impairment costs on disposals 720m improvement over 2004 has the after taxation 451m earnings per share 10 17p net debt reduced to 821m gearing ratio 25 proposed final dividend 1p taking full 5p contents 2 at glance 5 chairman s statement 9 chief executive 13 period strip products division 16 long 18 distribution & building systems 20 aluminium 22 central other 23 topics 26 board directors 28 summary report 30 remuneration 34 auditors 35 consolidated income 36 balance sheet 37 recognised expense 38
