Group five-year summary results
As of 31 December
Group five-year summary results - As of 31 December| £m unless otherwise statedddCategoriesd1111 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Revenue | 5,441.3 | 5,034.5* | 6,470.5 | 6,922.8 | 6,964.8 |
| Profit before tax | 206.6 | 248.0 | 249.0 | 272.1 | 244.6 |
| Diluted earnings per share (p) | 133.8p | 160.9p | 159.1p | 173.2p | 152.9p |
| Net funds | 51.1 | 95.3 | 117.2 | 343.6 | 352.7 |
| Gross invoiced income | 5,441.3 | 6,923.5 | 9,052.2 | 10,081.4 | 9,916.5 |
| Adjusted operating profit | 206.5 | 262.8 | 269.1 | 271.5 | 246.7 |
| Adjusted profit before tax | 200.5 | 255.6 | 263.7 | 278.0 | 254.0 |
| Adjusted diluted earnings per share (p) | 126.4p | 165.6p | 169.7p | 174.8p | 159.9p |
| Adjusted net funds | 188.6 | 241.4 | 244.3 | 459.0 | 482.2 |
| Dividend per share (p) | 50.7p | 66.3p | 67.9p | 70.0p | 70.7p |
| Return on capital employed % | 46.7 | 52.2 | 42.9 | 55.4 | 73.2 |
*Revenue for the year ended 31 December 2021 has been restated to reflect the change in revenue recognition policies relating to software licences and third-party services agreements resold on a standalone basis following the finalisation of an agenda decision by the IFRS Interpretation Committee
Group five-year balance sheet
As of 31 December
Group five-year balance sheet - As of 31 December| £mCategories | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|
| Property, plant and equipment | 107.0 | 90.0 | 94.1 | 96.1 | 90.7 |
| Right-of-use assets | 129.6 | 138.1 | 119.4 | 104.5 | 119.0 |
| Intangible assets | 274.7 | 273.7 | 342.1 | 322.4 | 317.5 |
| Investment in associate | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Deferred tax asset | 10.1 | 30.2 | 11.3 | 11.6 | 6.3 |
| Non-current trade and other receivables | | | 9.9 | 21.1 | 32.7 |
| Non-current prepayments | 23.6 | 16.6 | 19.4 | 10.3 | 7.7 |
| Inventories | 211.3 | 341.3 | 417.7 | 216.0 | 307.2 |
| Trade and other receivables (including income tax receivables) | 1,105.8 | 1,263.5 | 1,698.4 | 1,510.6 | 1,677.2 |
| Prepayments and accrued income | 228.2 | 251.1 | 259.7 | 291.6 | 309.8 |
| Derivative financial instruments | 1.6 | 3.6 | 7.5 | 2.5 | 8.2 |
| Cash and short-term deposits | 309.8 | 285.2 | 275.1 | 471.2 | 489.6 |
| Current liabilities | (1,586.2) | (1,763.2) | (2,210.6) | (1,976.6) | (2,409.7) |
| Non-current liabilities | (184.7) | (185.4) | (161.4) | (132.0) | (137.3) |
| Net assets | 630.9 | 744.8 | 872.0 | 949.4 | 819.0 |