Appendices

Appendix 1
Marks and Spencer plc
Group Profit and Loss account for the year Ended 06, 07, 08
3/31/2008 3/31/2007 3/31/2006   
12 months 12 months 12 months   
GBP GBP GBP   
Cons. Cons. Cons.   
UK GAAP UK GAAP UK GAAP   

Turnover 9,022,000 8,588,100 7,797,700

UK Turnover 8,309,100 7,977,500
Overseas Turnover 712,900 610,600
Cost of Sales -5,535,200 -5,246,900 -4,812,100
Exceptional Items pre GP
Other Income pre GP
Gross Profit 3,486,800 3,341,200 2,985,600
Administration Expenses -2,474,200 -2,365,200 -2,149,000
Other Operating Income pre OP
Exceptional Items pre OP
Operating Profit 1,012,600 976,000 836,600
Other Income 263,000 103,700 50,100
Total Other Income & Int. Received 263,000 103,700 50,100
Exceptional Items -5,700
Profit (Loss) on Sale of Operations
Costs of Reorganisation
Profit (Loss) on Disposal
Other Exceptional Items
Profit (Loss) before Interest 1,275,600 1,079,700 881,000
Interest Received
Interest Paid -146,600 -142,800 -132,800
Paid to Bank
Paid on Hire Purchase
Paid on Leasing
Other Interest Paid
Net Interest -146,600 -142,800 -132,800
Profit (Loss) before Tax 1,129,000 936,900 748,200
Taxation -308,100 -277,500 -225,100
Profit (Loss) after Tax 820,900 659,400 523,100
Extraordinary Items 2,500
Minority Interests
Profit (Loss) for Period 820,900 659,400 525,600
Dividends -34,400 -260,600 -205,200
Retained Profit(Loss) 786,500 398,800 320,400
Appendix 2
Marks and Spencer plc
Group Balance Group for the year Ended 06, 07, 08
BALANCE SHEET 3/31/2008 3/31/2007 3/31/2006   
12 months 12 months 12 months   
GBP GBP GBP   
Cons. Cons. Cons.   
UK GAAP UK GAAP UK GAAP   

Fixed Assets
Tangible Assets 4,704,000 4,044,500 3,575,800
Land & Buildings 2,607,700
Freehold Land
Leasehold Land
Fixtures & Fittings 2,096,300
Plant & Vehicles 0
Plant
Vehicles
Other Fixed Assets 0
Intangible Assets 305,500 194,100 163,500
Investments 1,029,800 324,100 338,800
Fixed Assets 6,039,300 4,562,700 4,078,100

Current Assets
Stock & W.I.P. 488,900 416,300 374,300
Stock
W.I.P.
Finished Goods
Trade Debtors 84,600 67,900 42,000
Bank & Deposits 318,000 180,100 362,600
Other Current Assets 222,800 128,700 2,219,800
Group Loans (asset) 0 0 2,051,700
Directors Loans (asset) 0 0 0
Other Debtors 222,800 128,700 168,100
Prepayments
Deferred Taxation
Investments 2,651,800 2,114,100 194,700
Current Assets 3,766,100 2,907,100 3,193,400

Current Liabilities
Trade Creditors -226,900 -259,700 -242,600
Short Term Loans & Overdrafts -878,600 -461,000 -97,100
Bank Overdrafts -159,700 0 -90,000
Group Loans (short t.) 0 0 0
Director Loans (short t.) 0 0 0
Hire Purch. & Leas. (short t.) -7,100 -4,400 -2,700
Hire Purchase (short t.)
Leasing (short t.) -7,100 -4,400 -2,700
Other Short Term Loans -711,800 -456,600 -4,400
Total Other Current Liabilities -882,400 -884,600 -1,622,300
Corporation Tax -37,500 -87,300 -58,700
Dividends 0 0 0
Accruals & Def -267,100 -385,600 -387,600
Social Securities & V.A.T. -56,100 -49,600 -40,700
Other Current Liabilities -521,700 -362,100 -1,135,300
Current Liabilities -1,987,900 -1,605,300 -1,962,000

Net Current Assets (Liab.) 1,778,200 1,301,800 1,231,400

Net Tangible Assets (Liab.) 7,512,000 5,670,400 5,146,000
Working Capital 346,600 224,500 173,700
Total Assets 9,805,400 7,469,800 7,271,500
Total Assets less Cur. Liab. 7,817,500 5,864,500 5,309,500

Long Term Liabilities

Long Term Debt -1,936,500 -1,234,500 -354,800
Group Loans (long t.) 0 0 0
Director Loans (long t.) 0 0 0
Hire Purch. & Leas. (long t.) -215,500 0 -47,500
Hire Purchase (long t.)
Leasing (long t.) -215,500 -47,500
Other Long Term Loans -1,721,000 -1,234,500 -307,300
Total Other Long Term Liab. -884,900 -584,700 -863,300
Accruals & Def. Inc. (l. t.) 0 0 -74,800
Other Long Term Liab. -884,900 -584,700 -788,500
Provisions for Other Liab. -386,700 -307,400 -820,100
Deferred Tax -372,100 -7,300 -6,100
Other Provisions -14,600 -300,100 -814,000
Pension Liabilities
Balance Sheet Minorities -7,300 -1,400
Long Term Liabilities -3,215,400 -2,128,000 -2,038,200

Total Assets less Liabilities 4,602,100 3,736,500 3,271,300

Shareholders Funds
Issued Capital 712,500 712,500 712,500
Ordinary Shares
Preference Shares
Other Shares
Total Reserves 3,889,600 3,024,000 2,558,800
Share Premium Account 386,100 386,100 386,100
Revaluation Reserves 0 0 0
Profit (Loss) Account 3,532,400 2,634,300 2,172,700
Other Reserves -28,900 3,600 0
Shareholders Funds 4,602,100 3,736,500 3,271,300
Appendix 3
RATIOS   
3/31/2008 3/31/2007 3/31/2006
Profit Margin (%) 12.51 10.91 9.6
Return on Capital Employed (%) 14.44 15.98 14.09
Return on Total Assets (%) 11.51 12.54 10.29
Interest Cover 8.7 7.56 6.63
Stock Turnover 18.45 20.63 20.83
Debtors Turnover 106.64 126.48 185.66
Debtor Collection (days) 3.42 2.89 1.97
Creditors Payment (days) 9.18 11.04 11.36
Net Assets Turnover 1.15 1.46 1.47
Gross Margin (%) 38.65 38.9 38.29
PBIT Margin (%) 14.14 12.57 11.3
PBITDA Margin (%) 17.45 15.86 14.81
Current Ratio 1.89 1.81 1.63
Liquidity Ratio 1.65 1.55 1.44
Gearing (%) 88.96 69.29 65.27
EPS 49.2 39.1 31.4
Dividend Per Share 22.5 18.3 14