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Results in brief

Balance sheet
  March
2008
March
2007
Percentage
change
Portfolio value1 (% change like-for-like) £1,635.9 £1,535m (0.2)%
Net assets £1,049.4 £1,076m (2.4)%
Basic net assets per share 580p 594p (2.4)%
Adjusted net assets per share2 582p 594p (2.0)%
Income statement
  March
2008
March
2007
Percentage
change
Rental and joint venture fee income £50.2m £48.5m 3.5%
Total rental and joint venture fee income 1 £72.0m £54.1m 33.1%
(Loss)/profit before tax £(3.0)m £326.0m n/a
Adjusted profit before tax £23.8m £17.4m 36.8%
Basic EPS (2.2)p 235.7p n/a
Adjusted EPS2 12.6p 10.2p 23.5%
Dividends per share 11.9p 11.3p 5.3%

Notes

  1. Includes Group’s share of JVs
  2. EPRA adjustments on a diluted basis

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