| Continuing Group |
FY 2017
|
Change |
FY 2016
|
| Revenue £m |
3,965.2 |
7.9% |
3,676.2
|
| Operating profit* £m |
841.2 |
10.1% |
764.3
|
| Profit before tax and exceptional items £m |
812.0 |
10.7% |
733.4
|
| Profit for the year £m |
555.3 |
(5.8)% |
589.3
|
Adjusted basic earnings per share (pence) ††
|
20.2 |
11.6% |
18.1
|
| Basic earnings per share (pence) |
17.0 |
(6.1)%
|
18.1
|
| Tangible net asset value per share (pence)† |
95.7 |
8.0%
|
88.6 |
Year end net cash £m
|
511.8 |
40.3%
|
364.7
|
| Ordinary dividend per share (pence) (subject to shareholder approval) |
c.4.74 |
68.1% |
2.82
|
* Operating profit is defined as profit on ordinary activities from continuing operations before finance costs and exceptional items, after share of results of joint ventures.
† Tangible net assets per share is defined as net assets before any accrued dividends excluding goodwill and intangible assets divided by the number of ordinary shares in issue at the end of the period.
†† Adjusted basic earnings per share represents earnings attributed to the shareholders of the parent, excluding exceptional items and tax on exceptional items, divided by the weighted average number of shares in issue during the period.
|
UK Housing business highlights
|
2017 |
2016 |
| Homes legally completed (excluding joint ventures) |
14,387 |
13,808 |
Private home completions (excluding joint ventures)
|
11,602 |
11,145 |
Affordable home completions (excluding joint ventures)
|
2,785 |
2,663 |
| Joint Venture home completions |
154 |
73 |
Sales outlets at year end
|
278
|
285 |
| Average number of employees |
4,999 |
4,697 |
To find out more about our performance in 2017, please visit 2017 in review and our Reporting Centre, for more about Taylor Wimpey please visit About us.