2010 operating highlights
We had another very good year in 2010 and we continued to drive profit and market share growth, delivering real value for our shareholders.
Financial highlights
-
£ million
-
Gross turnover (including duty, excise and other taxes)
43,855
+8%
-
£ million
-
Revenue
14,883
+5%
-
£ million
-
Organic revenue2
at constant exchange
rates13,814
+3%
-
£ million
-
Profit from operations
4,318
+5%
-
£ million
-
Adjusted profit
from operations14,984
+12%
-
Pence
-
Basic earnings per share
145.2
+6%
-
Pence
-
Adjusted diluted earnings per share1
175.7
+15%
-
Pence
-
Dividends per share
114.2
+15%
-
£ million
-
Free cash flow
3,240
+23%
-
Billion
-
Group cigarette volumes, excluding associates
708
-2%
Total shareholder return (annual %)
FTSE 100 – 1 January 2008 to 31 December 2010
The FTSE 100 comparison is based on three months’ average values
10 year dividend per share (pence)
1 January 2001 to 31 December 2010
| Year | Dividend per share returned to shareholders (in pence) | 2001 | 32.0 |
|---|---|
| 2002 | 35.2 |
| 2003 | 38.8 |
| 2004 | 41.9 |
| 2005 | 47.0 |
| 2006 | 55.9 |
| 2007 | 66.2 |
| 2008 | 83.7 |
| 2009 | 99.5 |
| 2010 | 114.2 |
1Adjusted profit from operations is derived after excluding the adjusting items from the profit from operations. These adjusting items include restructuring and integration costs, amortisation and impairment of trademarks, goodwill impairment and gains on disposal of businesses or trademarks.
2Organic growth is the growth after adjusting for mergers and acquisitions and discontinued activities. Adjustments are made to current and prior year numbers, based on the 2010 Group position.