Investors

Company results
Take an instant look over our company results with our handy five-year summary.
Continuing operations   2016 £m 2015 Restated £m
2014 Restated £m
2013 £m 2012 £m
Turnover   1,786.9
1,801.3
1,756.7
1,831.6
1,770.6
Profit before interest, tax and exceptional items   522.8
540.3
523.8
495.4
504.2
Net exceptional items before tax   1.0
(18.7)
(15.2)
(5.8)
(50.9)
Net interest payable before gains/(losses) on financial instruments and exceptional finance costs   (209.3)
(240.0)
(247.9)
(244.3)
(229.0)
Gains/(losses) on financial instruments   7.7
(133.5)
58.0
(45.3)
(67.7)
Results of associates and joint ventures   0.1
0.1
0.2
0.2
0.1
Profit on ordinary activities before taxation   322.3
148.2
318.9
200.2
156.7
Current tax on profit on ordinary activities   (55.2)
(37.8)
(55.8)
(27.9)
(60.5)
Deferred tax   (13.7)
5.1
(21.5)
8.2
78.2
Exceptional tax   78.6
  230.2
38.4
 
Profit on ordinary activities after tax   332.0
115.5
471.8
218.9
174.4
Results from discontinued operations   (0.7) 4.7      
Profit for the period   331.3 120.2 471.8 218.9 174.4
             
Fixed assets
  7,810.8
7,620.0
7,418.3
6,906.1
6,743.6
Other net liabilities excluding net debt, retirement benefit obligation, provisions and deferred tax
  (798.4)
(799.0)
(631.1)
(273.8)
(341.3)
Derivative financial instruments1
  (166.3)
(177.7)
(197.1)
(279.8)
(261.8)
Retirement benefit obligation
  (309.5)
(468.9)
(348.3)
(383.7)
(345.8)
Provisions for liabilities and charges and deferred tax
  (694.7)
(725.4)
(758.5)
(827.5)
(845.5)
Net assets held for sale
    72.6
     
    5,841.9
5,521.6
5,483.3
5,141.3
4,949.2
Financed by
 
       
Called up share capital   234.3
233.7
233.9
233.3
232.6
Reserves   783.1
521.9
789.4
599.9
740.9
Total shareholders’ funds   1,017.4
755.6
1,023.3
833.2
973.5
Non-controlling interests   1.1
13.4
12.5
10.8
7.9
Net debt2   4,823.4
4,752.6
4,447.5
4,297.3
3,967.8
    5,841.9
5,521.6
5,483.3
5,141.3
4,949.2
Statistics            
Earnings per share (continuing) – pence   140.0
48.3
198.5
90.9
72.5
Adjusted earnings per share – pence   108.7
107.2
92.5
92.6
88.9
Dividends per share (excluding special dividend) – pence   80.7
84.9
80.4
75.8
70.1
Dividend cover (before exceptional items and deferred tax)   1.3
1.3
1.2
1.3
1.3
Gearing   82.6%
86.1% 81.1% 83.6%
80.2%
Ordinary share price at 31 March – pence   2,173.0
2,059.0
1,823.0
1,712.0
1,544.0
Average number of employees            
Severn Trent Water   5,236
5,532
5,634
5,458
5,162
Other   2,122
1,910
1,914
2,763
2,889