| Income statement | 2011 £m |
2010 £m |
2009 £m |
2008 £m |
2007 £m |
|---|---|---|---|---|---|
| Revenue | 11,124 | 11,085 | 10,414 | 9,082 | 7,435 |
| Profit before net research and development and share of results of joint ventures and associates | 1,536 | 1,463 | 1,458 | 1,191 | 827 |
| Research and development (net)1 | (463) | (422) | (379) | (403) | (381) |
| Share of results of joint ventures and associates | 116 | 93 | 93 | 74 | 66 |
| Profit before financing | 1,189 | 1,134 | 1,172 | 862 | 512 |
| Net financing | (84) | (432) | 1,785 | (2,754) | 221 |
| Profit/(loss) before taxation2 | 1,105 | 702 | 2,957 | (1,892) | 733 |
| Taxation | (257) | (159) | (740) | (547) | (133) |
| Profit/(loss) for the year | 848 | 543 | 2,217 | (1,345) | 600 |
| Attributable to: | |||||
| Equity shareholders of the parent | 850 | 539 | 2,221 | (1,340) | 606 |
| Non-controlling interests | (2) | 4 | (4) | (5) | (6) |
| Profit/(loss) | 848 | 543 | 2,217 | (1,345) | 600 |
| 1 Research and development (gross) | (908) | (923) | (864) | (885) | (824) |
| 2 Underlying profit before taxation | 1,157 | 955 | 915 | 880 | 800 |
| Earnings per ordinary share: | |||||
| Underlying | 48.54p | 38.73p | 39.67p | 36.70p | 34.06p |
| Basic | 45.95p | 29.20p | 120.38p | (73.63p) | 33.67p |
| Payments to shareholders per ordinary share | 17.50p | 16.00p | 15.00p | 14.30p | 13.00p |
| Balance Sheet | 2011 £m |
2010 £m |
2009 £m |
2008 £m |
2007 £m |
|---|---|---|---|---|---|
| Assets | 16,423 | 16, 234 | 15,422 | 15,348 | 11,459 |
| Liabilities | (11,904) | (12,255) | (11,640) | (13,123) | (7,910) |
| 4,519 | 3,979 | 3,782 | 2,225 | 3,549 | |
| Called-up share capital | 374 | 374 | 371 | 369 | 364 |
| Reserves | 4,144 | 3,601 | 3,411 | 1,847 | 2,815 |
| Equity attributable to equity holders of the parent | 4,518 | 3,975 | 3,782 | 2,216 | 3,179 |
| Non-controlling interests | 1 | 4 | – | 9 | 12 |
| 4,519 | 3,979 | 3,782 | 2,225 | 3,191 |
| Cash flow | 2011 £m |
2010 £m |
2009 £m |
2008 £m |
2007 £m |
|---|---|---|---|---|---|
| Cash inflow from operating activities | 1,306 | 1,378 | 859 | 1,015 | 705 |
| Cash outflow from investing activities | (2,207) | (759) | (606) | (645) | (572) |
| Cash (outflow)/inflow from financing activities | (655) | (743) | 384 | (221) | (473) |
| (Decrease)increase in cash and cash equivalents | (1,556) | (124) | 637 | 149 | (340) |
| Net funds | 223 | 1,533 | 1,275 | 1,458 | 888 |
