Overview
Highlights
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 |
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 |
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| March 2005 | March 2004 | % Increase | |
|---|---|---|---|
| Net rental income 5 | £571.8m | £523.0m | 9.3 |
| Underlying profit before tax 1 | £174.8m | £149.4m | 17.0 |
| Underlying EPS 1,2 | 34.3p | 31.2p | 9.9 |
| Dividends per share | 15.7p | 14.5p | 8.3 |
| Net Asset Value pershare 2 | 1111p | 966p | 15.0 |
| Total return 3 | 16.6% | 14.1% | |
| Pre-exceptional total return 3,4 | 22.4% | 14.1% |
1 Excludes £180m exceptional charge relating to the refinance of Broadgate, net of tax where relevant (Note 3, 5 to the Financial Statements (FS)) and profits on asset disposals
2 Adjusted, diluted (Note 6, 21 FS)
3 Growth in adjusted, diluted net asset value per share plus dividends per share
4 Excludes exceptional charge (Note 5 FS) and the removal of Stamp
Duty exemption for disadvantaged areas (£166m)
5 (Note 3 FS)
2 Adjusted, diluted (Note 6, 21 FS)
3 Growth in adjusted, diluted net asset value per share plus dividends per share
4 Excludes exceptional charge (Note 5 FS) and the removal of Stamp
Duty exemption for disadvantaged areas (£166m)
5 (Note 3 FS)