MIRA INFORM REPORT

 

 

Report Date :

12.11.2012

 

IDENTIFICATION DETAILS

 

Name :

MARKS AND SPENCER PLC

 

 

Registered Office :

Waterside House, 35 North Wharf Road, London, W2 1NW

 

 

Country :

United Kingdom 

 

 

Financials (as on) :

31.03.2012

 

 

Date of Incorporation :

17.06.1926

 

 

Com. Reg. No.:

00214436

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

distributors of clothing, furniture and home entertainment products

 

 

No. of Employees :

81,208

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

 

Status :

Good

Payment Behaviour :

No Complaints

Litigation :

Clear

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

United Kingdom 

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

United Kingdom - ECONOMIC OVERVIEW

 

The UK, a leading trading power and financial center, is the third largest economy in Europe after Germany and France. Over the past two decades, the government has greatly reduced public ownership and contained the growth of social welfare programs. Agriculture is intensive, highly mechanized, and efficient by European standards, producing about 60% of food needs with less than 2% of the labor force. The UK has large coal, natural gas, and oil resources, but its oil and natural gas reserves are declining and the UK became a net importer of energy in 2005. Services, particularly banking, insurance, and business services, account by far for the largest proportion of GDP while industry continues to decline in importance. After emerging from recession in 1992, Britain's economy enjoyed the longest period of expansion on record during which time growth outpaced most of Western Europe. In 2008, however, the global financial crisis hit the economy particularly hard, due to the importance of its financial sector. Sharply declining home prices, high consumer debt, and the global economic slowdown compounded Britain's economic problems, pushing the economy into recession in the latter half of 2008 and prompting the then BROWN (Labour) government to implement a number of measures to stimulate the economy and stabilize the financial markets; these include nationalizing parts of the banking system, temporarily cutting taxes, suspending public sector borrowing rules, and moving forward public spending on capital projects. Facing burgeoning public deficits and debt levels, in 2010 the CAMERON-led coalition government (between Conservatives and Liberal Democrats) initiated a five-year austerity program, which aims to lower London's budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November 2011, Chancellor of the Exchequer George OSBORNE announced additional austerity measures through 2017 because of slower-than-expected economic growth and the impact of the euro-zone debt crisis. The CAMERON government raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce the corporation tax rate to 23% by 2015. The Bank of England (BoE) implemented an asset purchase program of up to £325 billion (approximately $525 billion) as of February 2011. During times of economic crisis, the BoE coordinates interest rate moves with the European Central Bank, but Britain remains outside the European Economic and Monetary Union (EMU).

 

Source : CIA

 

Company name & address 

 

Marks and Spencer PLC

Chester Business Park

Wrexham Road

Chester, CH4 9GA

United Kingdom

(Trading Address)

Registered Address

Tel:       02079354422

Fax:      020 7268 2608

Web:    www.marksandspencer.com

           

 

Synthesis

 

Employees:                  81,208

Company Type:            Private Subsidiary

Corporate Family:          337 Companies

Ultimate Parent:             Marks and Spencer Group Plc

Quoted Status:             Non-quoted Company

Incorporation Date:         17-Jun-1926

Auditor:                         PricewaterhouseCoopers LLP    

Financials in:                 USD (Millions)

Fiscal Year End:            02-Apr-2011

Reporting Currency:       British Pound Sterling

Annual Sales:               15,143.2  1

Net Income:                   951.5

Total Assets:                 15,976.0  2

 

 

Business Description     

 

Marks and Spencer plc is one of the leading distributors of clothing, furniture and home entertainment products in the United Kingdom. The company owns and operates a chain of retail stores throughout the world that sells sportswear and formal and casual clothing for men, women and children. Its stores market and distribute a range of home furniture, televisions, computers, iPods, cameras and other home appliances. The company’s stores also manage a finance division that offers a variety of loans, insurance schemes, and savings and investment plans. In addition, it maintains a stock of flowers, wines, and beauty and skin care products.

 

Industry             

Industry            Retail (Department and Discount)

ANZSIC 2006:    4260 - Department Stores

NACE 2002:      5212 - Other retail sale in non-specialised stores

NAICS 2002:     45211 - Department Stores

UK SIC 2003:    5212 - Other retail sale in non-specialised stores

UK SIC 2007:    4719 - Other retail sale in non-specialised stores

US SIC 1987:    5311 - Department Stores

 

Key Executives   

             

Name

Title

Marc Bolland

Chief Executive Officer

Alan Stewart

Chief Financial Officer

Patrick Bousquet-Chavanne

Director, Strategy Implementation and Business Development

Amanda Mellor

Board Member, Group Secretary and Head of Corporate Governance

Darrell Stein

Chief Information Officer

 

 

news

 

Title

Date

Stores are rock stars of South Florida retail
South Florida Sun-Sentinel (FL) (735 Words)

10-Nov-2012

Maroon Goons clear way for Sumlin Era at Texas A&M
Fort Worth Star-Telegram (TX) (792 Words)

10-Nov-2012

Texas A&M tops Louisiana Tech 71-59
Associated Press (704 Words)

10-Nov-2012

BKC Louisiana Tech Texas A&M
Associated Press (726 Words)

10-Nov-2012

M&S sees lingerie as the secret to spark up its sales: Appointment of Knickerbox founder could bring glitz to sensible smalls department
Guardian (UK) (843 Words)

10-Nov-2012

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = GBP 0.6432136

2 - Balance Sheet Item Exchange Rate: USD 1 = GBP 0.6237914

 

 

Corporate Overview

 

Location

Chester Business Park

Wrexham Road

Chester, CH4 9GA

Cheshire County

United Kingdom

Tel:       02079354422

Fax:      020 7268 2608

Web:    www.marksandspencer.com


           

Sales GBP(mil):             9,740.3

Assets GBP(mil):           9,965.7

Employees:                   81,208

Fiscal Year End:            02-Apr-2011

Industry:                        Retail (Department and Discount)

           

Registered Address:

Waterside House

35 North Wharf Road

London, W2 1NW

United Kingdom

 

Incorporation Date:         17-Jun-1926

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(UK):       00214436

Chief Executive Officer:   Marc Bolland

 

Contents

Industry Codes

Business Description

Financial Data

Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

4260     -          Department Stores

4213     -          Houseware Retailing

4251     -          Clothing Retailing

 

NACE 2002 Codes:

5212     -          Other retail sale in non-specialised stores

5244     -          Retail sale of furniture, lighting equipment and household articles not elsewhere classified

5242     -          Retail sale of clothing

 

NAICS 2002 Codes:

45211   -          Department Stores

442299  -          All Other Home Furnishings Stores

448140  -          Family Clothing Stores

 

US SIC 1987:

5311     -          Department Stores

5651     -          Family Clothing Stores

5719     -          Miscellaneous home furnishings Stores

 

UK SIC 2003:

5212     -          Other retail sale in non-specialised stores

5244     -          Retail sale of furniture, lighting equipment and household articles not elsewhere classified

5242     -          Retail sale of clothing

 

UK SIC 2007:

4719     -          Other retail sale in non-specialised stores

47599   -          Retail sale of furniture, lighting equipment and other household articles (other than musical

instruments) n.e.c., in specialised stores

4771     -          Retail sale of clothing in specialised stores

 

Business Description

Marks and Spencer plc is one of the leading distributors of clothing, furniture and home entertainment products in the United Kingdom. The company owns and operates a chain of retail stores throughout the world that sells sportswear and formal and casual clothing for men, women and children. Its stores market and distribute a range of home furniture, televisions, computers, iPods, cameras and other home appliances. The company’s stores also manage a finance division that offers a variety of loans, insurance schemes, and savings and investment plans. In addition, it maintains a stock of flowers, wines, and beauty and skin care products.

 

More Business Descriptions

Marks and Spencer PLC is a United Kingdom-based company, which provides clothing, furniture and homeware, flowers, gifts and wine. The Company focuses on retailers of clothing, food and financial services. It offers women's wear, lingerie, men's wear and kids wear. Its products include gift vouchers and cards, lunchtogom flowers, food and wine gifts. It provides flowers and gifts that comprise bouquets, books and DVDs, flowers and plants, cards, and stationery products; and food and wine gifts, and personalized and wedding cakes, as well as offers procurement and financial services. The Company has over 703 stores across the United Kingdom, streets and retail parks as well as stations, airports and other locations ranging from out-of-town and flagship stores. Marks and Spencer PLC has not disclosed any comparable financial information.

 

Marks & Spencer PLC is a subsidiary of Marks & Spencer Group PLC. Marks & Spencer is one of the United Kingdom’s leading retailers, with approximately 15 million people visiting its stores weekly. The company strives to offer customers high quality, great value clothes, food and home products in its stores. Marks & Spencer employs more than 65,000 people in nearly 400 UK stores and offices. Additionally, the company maintains its growing international business, including wholly owned stores in Ireland and Hong Kong, franchises in 30 territories and Kings Super Markets in the United States. Marks & Spencer PLC maintains its head office in London. (Updated by OneSource Information Services)

 

Representative Office

 

Marks & Spencer plc (UK) is a global retailer of clothing, food and household goods with about 700 company-owned and franchised stores in more than 30 countries.

Financial Data

Financials in:

GBP(mil)

 

Revenue:

9,740.3

Net Income:

612.0

Assets:

9,965.7

Long Term Debt:

1,924.1

 

Total Liabilities:

4,670.6

 

Working Capital:

2.2

 

 

 

Date of Financial Data:

02-Apr-2011

 

1 Year Growth

2.1%

NA

NA

Key Corporate Relationships

Auditor:

PricewaterhouseCoopers LLP

 

Auditor:

PricewaterhouseCoopers LLP, PricewaterhouseCoopers LLP

 

 

 

GBP(mil)

Audit Fees:

1.0

Non Audit Fees:

0.8

Audit Fiscal Year:

03-31-2012

 

 

 

 

 

Corporate Family

Corporate Structure News:

 

Marks and Spencer Group Plc
Marks and Spencer PLC

Marks and Spencer PLC 
Total Corporate Family Members: 337 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Marks and Spencer Group Plc

Parent

London

United Kingdom

Retail (Department and Discount)

15,850.4

81,208

Marks and Spencer PLC

Subsidiary

Chester

United Kingdom

Retail (Department and Discount)

15,143.2

81,208

Marks And Spencer Finance PLC

Subsidiary

London

United Kingdom

Commercial Banks

 

3,500

Marks & Spencer Simply Foods Ltd.

Subsidiary

Upminster

United Kingdom

Business Services

651.8

3,286

Marks & Spencer Outlet Ltd.

Subsidiary

London

United Kingdom

Retail (Grocery)

25.7

1,520

Marks & Spencer

UK Branch/Trading address

Bromley

United Kingdom

Retail (Grocery)

15,143.2

750

Marks & Spencer

UK Branch/Trading address

Sheffield

United Kingdom

Retail (Grocery)

15,143.2

700

Marks & Spencer

UK Branch/Trading address

Milton Keynes

United Kingdom

Retail (Grocery)

15,143.2

650

Marks & Spencer

UK Branch/Trading address

Pudsey

United Kingdom

Retail (Grocery)

15,143.2

650

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

600

Marks & Spencer

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Grocery)

15,143.2

600

Marks & Spencer

UK Branch/Trading address

Wilmslow

United Kingdom

Retail (Grocery)

15,143.2

600

Marks & Spencer

UK Branch/Trading address

Southampton

United Kingdom

Retail (Grocery)

15,143.2

600

Marks & Spencer

UK Branch/Trading address

Chester

United Kingdom

Retail (Grocery)

15,143.2

600

Marks & Spencer

UK Branch/Trading address

Poole

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Leicester

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Solihull

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer Plc

UK Branch/Trading address

Manchester

United Kingdom

Retail (Department and Discount)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Watford

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Brierley Hill

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Norwich

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer Plc

UK Branch/Trading address

Croydon

United Kingdom

Retail (Department and Discount)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Grays

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Waltham Cross

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Nottingham

United Kingdom

Retail (Grocery)

15,143.2

500

Marks & Spencer

UK Branch/Trading address

Cardiff

United Kingdom

Retail (Grocery)

15,143.2

488

Marks & Spencer

UK Branch/Trading address

Warrington

United Kingdom

Retail (Grocery)

15,143.2

469

Marks & Spencer

UK Branch/Trading address

Aberdeen

United Kingdom

Retail (Grocery)

15,143.2

450

Marks & Spencer

UK Branch/Trading address

Cardiff

United Kingdom

Retail (Grocery)

15,143.2

450

Marks & Spencer

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Grocery)

15,143.2

427

Marks & Spencer

UK Branch/Trading address

York

United Kingdom

Retail (Grocery)

15,143.2

425

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

400

Marks & Spencer

UK Branch/Trading address

Edinburgh

United Kingdom

Retail (Grocery)

15,143.2

400

Marks & Spencer Plc

UK Branch/Trading address

Bournemouth

United Kingdom

Retail (Department and Discount)

15,143.2

400

Marks & Spencer

UK Branch/Trading address

Bath

United Kingdom

Retail (Grocery)

15,143.2

400

Marks & Spencer

UK Branch/Trading address

Middlesbrough

United Kingdom

Retail (Grocery)

15,143.2

400

Marks & Spencer

UK Branch/Trading address

Gateshead

United Kingdom

Retail (Grocery)

15,143.2

400

Marks & Spencer

UK Branch/Trading address

St Albans

United Kingdom

Retail (Grocery)

15,143.2

386

Marks & Spencer

UK Branch/Trading address

Liverpool

United Kingdom

Retail (Grocery)

15,143.2

380

Marks & Spencer

UK Branch/Trading address

Birmingham

United Kingdom

Retail (Grocery)

15,143.2

350

Marks & Spencer

UK Branch/Trading address

Belfast

United Kingdom

Retail (Grocery)

15,143.2

350

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

306

Marks And Spencer Shared Services Ltd.

Subsidiary

London

United Kingdom

Business Services

9.8

304

Marks & Spencer

UK Branch/Trading address

Harlow

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Bedford

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Chichester

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Leeds

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Sunderland

United Kingdom

Retail (Department and Discount)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Oxford

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Exeter

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Peterborough

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Truro

United Kingdom

Retail (Grocery)

15,143.2

300

Marks & Spencer

UK Branch/Trading address

Harrogate

United Kingdom

Retail (Grocery)

15,143.2

290

Marks & Spencer

UK Branch/Trading address

Romford

United Kingdom

Retail (Grocery)

15,143.2

282

Marks & Spencer

UK Branch/Trading address

Cambridge

United Kingdom

Retail (Grocery)

15,143.2

270

Marks & Spencer

UK Branch/Trading address

Weybridge

United Kingdom

Retail (Grocery)

15,143.2

260

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Plymouth

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Ilford

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Guildford

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Sheffield

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Cheltenham

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Tunbridge Wells

United Kingdom

Retail (Grocery)

15,143.2

250

Marks & Spencer

UK Branch/Trading address

Southampton

United Kingdom

Retail (Grocery)

15,143.2

230

Marks & Spencer

UK Branch/Trading address

Swansea

United Kingdom

Retail (Grocery)

15,143.2

230

Marks & Spencer

UK Branch/Trading address

Leicester

United Kingdom

Retail (Grocery)

15,143.2

224

Marks & Spencer

UK Branch/Trading address

Carlisle

United Kingdom

Retail (Grocery)

15,143.2

204

Marks & Spencer

UK Branch/Trading address

Falkirk

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Inverness

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Swindon

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Colchester

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Taunton

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer Plc

UK Branch/Trading address

London

United Kingdom

Retail (Department and Discount)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Torquay

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Harrow

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Birkenhead

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Chelmsford

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Stoke-On-Trent

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Worcester

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Bristol

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Bournemouth

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Brighton

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Sutton Coldfield

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Gillingham

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Preston

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Sutton

United Kingdom

Retail (Grocery)

15,143.2

200

Marks & Spencer

UK Branch/Trading address

Bexleyheath

United Kingdom

Retail (Grocery)

15,143.2

180

Marks & Spencer

UK Branch/Trading address

Coventry

United Kingdom

Retail (Grocery)

15,143.2

180

Marks & Spencer

UK Branch/Trading address

Stockport

United Kingdom

Retail (Grocery)

15,143.2

170

Marks & Spencer

UK Branch/Trading address

Llandudno

United Kingdom

Retail (Grocery)

15,143.2

170

Marks & Spencer

UK Branch/Trading address

Perth

United Kingdom

Retail (Grocery)

15,143.2

160

Marks & Spencer

UK Branch/Trading address

Uxbridge

United Kingdom

Retail (Grocery)

15,143.2

160

Marks & Spencer

UK Branch/Trading address

Shrewsbury

United Kingdom

Retail (Grocery)

15,143.2

160

Marks & Spencer Plc

UK Branch/Trading address

Gloucester

United Kingdom

Retail (Department and Discount)

15,143.2

150

Marks & Spencer Plc

UK Branch/Trading address

Aylesbury

United Kingdom

Retail (Department and Discount)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Leeds

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Doncaster

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Stratford-Upon-Avon

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Dundee

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Southend-On-Sea

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Maidenhead

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Darlington

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Hereford

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Redhill

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer Plc

UK Branch/Trading address

Richmond

United Kingdom

Retail (Department and Discount)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Chesterfield

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Newbury

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Bury St Edmunds

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Hemel Hempstead

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Stirling

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Hamilton

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Surbiton

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Ayr

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Ballymena

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Northampton

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Enfield

United Kingdom

Retail (Grocery)

15,143.2

150

Marks & Spencer

UK Branch/Trading address

Maidstone

United Kingdom

Retail (Grocery)

15,143.2

149

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

149

Per Una Group Ltd.

Subsidiary

London

United Kingdom

Retail (Apparel)

435.4

149

Marks & Spencer

UK Branch/Trading address

Leamington Spa

United Kingdom

Retail (Grocery)

15,143.2

141

Marks & Spencer

UK Branch/Trading address

Salisbury

United Kingdom

Retail (Grocery)

15,143.2

140

Marks & Spencer

UK Branch/Trading address

Epsom

United Kingdom

Retail (Grocery)

15,143.2

140

Marks & Spencer

UK Branch/Trading address

Lincoln

United Kingdom

Retail (Grocery)

15,143.2

140

Marks & Spencer

UK Branch/Trading address

Altrincham

United Kingdom

Retail (Grocery)

15,143.2

140

Marks & Spencer

UK Branch/Trading address

Telford

United Kingdom

Retail (Grocery)

15,143.2

130

Marks & Spencer

UK Branch/Trading address

Walsall

United Kingdom

Retail (Grocery)

15,143.2

130

Marks & Spencer

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Grocery)

15,143.2

130

Marks & Spencer

UK Branch/Trading address

Barnstaple

United Kingdom

Retail (Grocery)

15,143.2

130

Marks & Spencer

UK Branch/Trading address

Hull

United Kingdom

Retail (Grocery)

15,143.2

125

Marks & Spencer

UK Branch/Trading address

Slough

United Kingdom

Retail (Grocery)

15,143.2

125

Marks & Spencer

UK Branch/Trading address

Yeovil

United Kingdom

Retail (Grocery)

15,143.2

125

Marks & Spencer

UK Branch/Trading address

Burnley

United Kingdom

Retail (Grocery)

15,143.2

122

Marks & Spencer

UK Branch/Trading address

Brentwood

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

Staines

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

Londonderry

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer Plc

UK Branch/Trading address

Surbiton

United Kingdom

Retail (Department and Discount)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

Wakefield

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

Milton Keynes

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

Hastings

United Kingdom

Retail (Grocery)

15,143.2

120

Marks & Spencer

UK Branch/Trading address

Windsor

United Kingdom

Retail (Grocery)

15,143.2

115

Marks & Spencer

UK Branch/Trading address

Newport

United Kingdom

Retail (Grocery)

15,143.2

110

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

110

Marks & Spencer

UK Branch/Trading address

Halifax

United Kingdom

Retail (Grocery)

15,143.2

110

Marks & Spencer

Subsidiary

Doha

Qatar

Miscellaneous Capital Goods

18.0

110

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

107

Marks & Spencer

UK Branch/Trading address

Grimsby

United Kingdom

Retail (Grocery)

15,143.2

105

Marks & Spencer

UK Branch/Trading address

Pontefract

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

Twickenham

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

Huddersfield

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

Macclesfield

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

Castleford

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

103

Marks & Spencer

UK Branch/Trading address

Birmingham

United Kingdom

Retail (Grocery)

15,143.2

101

Marks & Spencer

UK Branch/Trading address

Fareham

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Stevenage

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Greenock

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Welwyn Garden City

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Paisley

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Rickmansworth

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Winchester

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Scarborough

United Kingdom

Retail (Department and Discount)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Basildon

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Barrow-In-Furness

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Stafford

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Lancaster

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Burton-On-Trent

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Kilmarnock

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Rotherham

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Hounslow

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Northwich

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Bradford

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Banbury

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

St Helens

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Dumfries

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Bangor

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Boston

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

UK Branch/Trading address

Kendal

United Kingdom

Retail (Grocery)

15,143.2

100

Marks & Spencer

Franchise

Kaula Lumpar City Centre, Kuala Lumpur

Malaysia

Retail (Specialty)

 

100

Marks & Spencer

Branch

Jakarta Pusat

Indonesia

Retail (Specialty)

 

100

Marks & Spencer

UK Branch/Trading address

Glasgow

United Kingdom

Retail (Grocery)

15,143.2

95

Marks & Spencer

UK Branch/Trading address

Durham

United Kingdom

Retail (Grocery)

15,143.2

95

Marks & Spencer

UK Branch/Trading address

Wigan

United Kingdom

Retail (Grocery)

15,143.2

94

Marks & Spencer

UK Branch/Trading address

Horsham

United Kingdom

Retail (Grocery)

15,143.2

90

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

87

Marks & Spencer

UK Branch/Trading address

Newport

United Kingdom

Retail (Grocery)

15,143.2

85

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

85

Marks & Spencer

UK Branch/Trading address

Rochdale

United Kingdom

Retail (Grocery)

15,143.2

85

Marks & Spencer

UK Branch/Trading address

Bootle

United Kingdom

Retail (Grocery)

15,143.2

82

Marks & Spencer

UK Branch/Trading address

Crewe

United Kingdom

Retail (Grocery)

15,143.2

80

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

80

Marks & Spencer

UK Branch/Trading address

Kirkcaldy

United Kingdom

Retail (Grocery)

15,143.2

80

Marks & Spencer

UK Branch/Trading address

Neath

United Kingdom

Retail (Grocery)

15,143.2

80

Marks & Spencer Plc

UK Branch/Trading address

Haywards Heath

United Kingdom

Retail (Department and Discount)

15,143.2

80

Marks & Spencer

UK Branch/Trading address

Workington

United Kingdom

Retail (Grocery)

15,143.2

80

Marks & Spencer

UK Branch/Trading address

Sutton Coldfield

United Kingdom

Retail (Grocery)

15,143.2

80

Marks & Spencer

UK Branch/Trading address

Broadstairs

United Kingdom

Retail (Grocery)

15,143.2

77

Marks & Spencer

UK Branch/Trading address

King's Lynn

United Kingdom

Retail (Grocery)

15,143.2

75

Marks & Spencer

UK Branch/Trading address

Carmarthen

United Kingdom

Retail (Grocery)

15,143.2

75

Marks & Spencer Plc

UK Branch/Trading address

Luton

United Kingdom

Retail (Department and Discount)

15,143.2

72

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

70

Marks & Spencer

UK Branch/Trading address

Newark

United Kingdom

Retail (Grocery)

15,143.2

70

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

66

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

65

Marks & Spencer

UK Branch/Trading address

Aldershot

United Kingdom

Retail (Grocery)

15,143.2

65

Marks & Spencer

UK Branch/Trading address

Lowestoft

United Kingdom

Retail (Grocery)

15,143.2

63

Marks & Spencer

UK Branch/Trading address

Clacton-On-Sea

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

Andover

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

Rhyl

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

Edgware

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

Redcar

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

Ellesmere Port

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

60

Marks & Spencer

UK Branch/Trading address

Buxton

United Kingdom

Retail (Grocery)

15,143.2

55

Marks & Spencer

UK Branch/Trading address

Bishop's Stortford

United Kingdom

Retail (Grocery)

15,143.2

55

Marks & Spencer

UK Branch/Trading address

Keighley

United Kingdom

Retail (Grocery)

15,143.2

55

Marks & Spencer

UK Branch/Trading address

Falmouth

United Kingdom

Retail (Grocery)

15,143.2

55

Marks & Spencer

UK Branch/Trading address

Wokingham

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Salford

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Ashford

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Basingstoke

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Leeds

United Kingdom

Retail (Apparel)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Rugby

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Redditch

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

Dorchester

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

South Shields

United Kingdom

Retail (Grocery)

15,143.2

50

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

46

Marks & Spencer

UK Branch/Trading address

Bridlington

United Kingdom

Retail (Grocery)

15,143.2

45

Marks & Spencer

UK Branch/Trading address

Newton Abbot

United Kingdom

Retail (Grocery)

15,143.2

45

Marks & Spencer

UK Branch/Trading address

London

United Kingdom

Retail (Grocery)

15,143.2

45

Marks & Spencer

UK Branch/Trading address

Bishop Auckland

United Kingdom

Retail (Grocery)

15,143.2

40

Marks & Spencer

UK Branch/Trading address

Pontypridd

United Kingdom

Retail (Grocery)

15,143.2

40

Marks & Spencer

UK Branch/Trading address

Great Yarmouth

United Kingdom

Retail (Grocery)

15,143.2

40

Marks & Spencer

UK Branch/Trading address

Deal

United Kingdom

Retail (Grocery)

15,143.2

40

Marks & Spencer

UK Branch/Trading address

Dover

United Kingdom

Retail (Grocery)

15,143.2

40

Marks & Spencer

UK Branch/Trading address

Newmarket

United Kingdom

Retail (Grocery)

15,143.2

38

Marks & Spencer

UK Branch/Trading address

Hatfield

United Kingdom

Retail (Grocery)

15,143.2

35

Marks & Spencer

UK Branch/Trading address

Felixstowe

United Kingdom

Retail (Grocery)

15,143.2

35

Marks & Spencer

UK Branch/Trading address

Beckenham

United Kingdom

Retail (Grocery)

15,143.2

30

Marks & Spencer

UK Branch/Trading address

Ashford

United Kingdom

Retail (Grocery)

15,143.2

30

Marks & Spencer

UK Branch/Trading address

Walsall

United Kingdom

Retail (Grocery)

15,143.2

28

Marks & Spencer

UK Branch/Trading address

Marlow

United Kingdom

Retail (Grocery)

15,143.2

26

Marks & Spencer

UK Branch/Trading address

Reigate

United Kingdom

Retail (Grocery)

15,143.2

25

Marks And Spencer France Ltd.

Subsidiary

London

United Kingdom

Business Services

 

1

M & S Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

1

Marks & Spencer

UK Branch/Trading address

Belfast

United Kingdom

Retail (Grocery)

15,143.2

 

Marks & Spencer Plc

UK Branch/Trading address

Uxbridge

United Kingdom

Retail (Department and Discount)

15,143.2

 

Marks & Spencer Plc

UK Branch/Trading address

Blackpool

United Kingdom

Retail (Department and Discount)

15,143.2

 

Marks & Spencer

UK Branch/Trading address

Reading

United Kingdom

Retail (Grocery)

15,143.2

 

Marks & Spencer

UK Branch/Trading address

Alfreton

United Kingdom

Retail (Grocery)

15,143.2

 

Marks & Spencer Plc

UK Branch/Trading address

London

United Kingdom

Retail (Department and Discount)

15,143.2

 

Marks & Spencer

UK Branch/Trading address

Ashton-Under-Lyne

United Kingdom

Retail (Grocery)

15,143.2

 

Marks & Spencer Plc

UK Branch/Trading address

Southport

United Kingdom

Retail (Department and Discount)

15,143.2

 

Marks And Spencer Scm Ltd.

Subsidiary

London

United Kingdom

Business Services

737.2

 

Marks And Spencer International Holdings Ltd.

Subsidiary

London

United Kingdom

Business Services

133.5

 

Marks And Spencer 2005 (Pudsey Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

5.0

 

Marks And Spencer 2005 (Hedge End Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

4.7

 

Marks And Spencer 2005 (Warrington Gemini Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

4.4

 

Ruby Properties (Enfield) Ltd.

Subsidiary

London

United Kingdom

Business Services

3.2

 

Marks And Spencer 2005 (Kensington Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

3.1

 

Marks And Spencer 2005 (Brooklands Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

3.1

 

Ruby Properties (Cumbernauld) Ltd.

Subsidiary

London

United Kingdom

Business Services

2.8

 

Marks And Spencer 2005 (Kingston-On-Thames Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

2.6

 

Busyexport Ltd.

Subsidiary

London

United Kingdom

Business Services

2.2

 

Marks And Spencer 2005 (Chester Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

2.2

 

Ruby Properties (Tunbridge) Ltd.

Subsidiary

London

United Kingdom

Business Services

2.0

 

Marks And Spencer (Sprucefield) Ltd.

Subsidiary

London

United Kingdom

Business Services

2.0

 

Marks And Spencer (Lisburn) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.0

 

Marks And Spencer 2005 (Kingston-On-Thames Satellite Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

2.0

 

Ruby Properties (Hardwick) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.9

 

Ruby Properties (Long Eaton) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.9

 

Marks And Spencer 2005 (Glasgow Sauchiehall Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.9

 

Marks And Spencer 2005 (Chester Satellite Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.5

 

Marks And Spencer 2005 (Newcastle-Upon-Tyne Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.2

 

Marks And Spencer 2005 (Culverhouse Cross Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.1

 

St. Michael Finance PLC

Subsidiary

London

United Kingdom

Commercial Banks

1.1

 

Simply Food (Property Ventures) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.1

 

Simply Food (Property Investments)

Subsidiary

London

United Kingdom

Business Services

0.1

 

Ruby Properties (Thorncliffe) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.1

 

Marks And Spencer 2005 (Bath Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

1.0

 

Marks And Spencer Property Holdings Ltd.

Subsidiary

London

United Kingdom

Business Services

0.7

 

Marks And Spencer Chester Ltd.

Subsidiary

London

United Kingdom

Business Services

3.4

 

Marks And Spencer 2005 (Cambridge Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.6

 

Marks And Spencer 2005 (Cambridge Satellite Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.4

 

Marks And Spencer (Property Ventures) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.3

 

Marks And Spencer 2005 (Parman House Kingston Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.3

 

Marks And Spencer 2005 (Cardiff Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.2

 

Marks And Spencer 2005 (Fife Road Kingston Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.2

 

Ruby Properties (Exeter) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.2

 

Swindon Warehouse Services Ltd.

Subsidiary

London

United Kingdom

Business Services

0.2

 

Marks And Spencer 2005 (Oxford Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

0.1

 

Marks And Spencer Export Corporation Ltd.

Subsidiary

London

United Kingdom

Business Services

 

 

Amethyst Leasing (Holdings) Ltd.

Subsidiary

London

United Kingdom

Construction Services

 

 

Amethyst Leasing (Properties) Ltd.

Subsidiary

London

United Kingdom

Construction Services

0.6

 

Marks & Spencer Czech Republic as

Subsidiary

BETA Building

Czech Republic

Retail (Specialty)

 

 

Marks And Spencer Poland Sp Z O O

Subsidiary

Warszawa

Poland

Retail (Apparel)

37.7

450

Marks And Spencer Services S.R.O.

Subsidiary

Praha 4

Czech Republic

Miscellaneous Capital Goods

103.9

18

Marks & Spencer

Subsidiary

Salmiya

Kuwait

Food Processing

 

 

M&S Card Services Ltd.

Subsidiary

London

United Kingdom

Investment Services

 

 

Marks And Spencer Ventures Ltd.

Subsidiary

London

United Kingdom

Business Services

 

 

Minterton Services Ltd.

Subsidiary

London

United Kingdom

Commercial Banks

 

 

Manford (Textiles) Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

 

St. Michael (Textiles) Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

 

M&S Ventures Ltd.

Subsidiary

Paddington

United Kingdom

Nonclassifiable Industries

 

 

Marks And Sparks Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

 

Marks & Spencer

Subsidiary

Abu Dhabi

United Arab Emirates

Retail (Specialty)

 

 

Marks & Spencer

Subsidiary

Manama

Bahrain

Food Processing

 

 

Marks & Spencer

Branch

Hamilton

Bermuda

Retail (Specialty)

 

 

Marks And Spencer (Property Investments) Ltd.

Subsidiary

London

United Kingdom

Business Services

 

 

Marks And Spencer 2005 (Edinburgh Satellite Store) Ltd.

Subsidiary

London

United Kingdom

Business Services

 

 

Marks And Spencer Property Developments Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

3,500

Marks & Spencer (Ireland) Ltd

Subsidiary

Dublin

Ireland

Retail (Department and Discount)

777.2

2,000

Marks and Spencer Financial Services Plc

Subsidiary

Dublin

Ireland

Commercial Banks

833.2

1,278

Marks & Spencer (Asia Pacific) Ltd

Subsidiary

Gateway

Hong Kong

Retail (Specialty)

1.0

750

Marks & Spencer plc

Subsidiary

Singapore

Singapore

Retail (Department and Discount)

 

50

Marks And Spencer Investments

Subsidiary

London

United Kingdom

Commercial Banks

2.4

 

Marks & Spencer Co. Archive Cic

Subsidiary

Paddington

United Kingdom

Schools

0.1

 

Marks And Spencer (Initial Lp) Ltd.

Subsidiary

Edinburgh

United Kingdom

Nonclassifiable Industries

0.0

 

Marks & Spencer (Portugal), LDA

Subsidiary

Lisboa, Lisboa

Portugal

Retail (Apparel)

0.0

 

Marks And Spencer Pension Trust Ltd.

Subsidiary

London

United Kingdom

Investment Services

 

 

Marks And Spencer Pension Trust Investments Ltd.

Subsidiary

London

United Kingdom

Investment Services

 

 

Marks And Spencer (Northern Ireland) Ltd.

Subsidiary

Belfast

United Kingdom

Nonclassifiable Industries

 

 

Marks And Spencer Stores B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Commercial Banks

 

 

Marks And Spencer Marinopoulos B.V.

Subsidiary

Amsterdam, Noord-Holland

Netherlands

Miscellaneous Financial Services

 

 

 

 

Executive report  

 

Board of Directors

 

Name

Title

Function

 

Robert Swannell

 

Chairman

Chairman

 

Education:

Rugby School

 

Marc Bolland

 

Chief Executive Officer

Director/Board Member

 

 

Age: 53

 

Education:

Groningen University, master's (Business Studies)

 

Amanda Mellor

 

Board Member, Group Secretary and Head of Corporate Governance

Director/Board Member

 

 

Age: 48

 

Steven Sharp

 

Executive Director, Marketing

Director/Board Member

 

 

Age: 62

 

Alan Stewart

 

Chief Financial Officer

Director/Board Member

 

 

Age: 52

 

Education:

University of Cape Town , South Africa, Master's (Commerce)

 

 

 

Executives

 

Name

Title

Function

 

Marc Bolland

 

Chief Executive Officer

Chief Executive Officer

 

Age: 53

 

Education:

Groningen University, master's (Business Studies)

 

Kim Phillips

 

Head of Packaging

Division Head Executive

 

 

Social: 

Steven Sharp

 

Executive Director, Marketing

Division Head Executive

 

 

Age: 62

 

Fred Tutino

 

Head of International Design

Division Head Executive

 

 

John Dixon

 

Managing Director

Managing Director

 

 

Alastair Cooper

 

Reward Project Manager

Operations Executive

 

 

Social: 

Amanda Mellor

 

Board Member, Group Secretary and Head of Corporate Governance

Operations Executive

 

 

Age: 48

 

Mark Lewis

 

Head of Trading Safely & Legally

Environment/Safety Executive

 

 

Alan Stewart

 

Chief Financial Officer

Finance Executive

 

 

Age: 52

 

Education:

University of Cape Town , South Africa, Master's (Commerce)

 

Hazel Culley

 

Ethical Trading Manager - Foods

Investment Executive

 

 

Social: 

Tanith Dodge

 

HR Director

Human Resources Executive

 

 

Social: 

Jennifer Goldsmith

 

Corporate Recruitment Manager

Human Resources Executive

 

 

Social: 

Kay Jones-Wolsey

 

Group Head of Recruitment

Human Resources Executive

 

 

Ian Crowhurst

 

Area Head of Retail Learning & Development

Training Executive

 

 

Social: 

Nigel Jeremy

 

Training Director

Training Executive

 

 

Social: 

Steve Bond

 

Market Research/Customer Insight Manager

Customer Service Executive

 

 

Patrick Bousquet-Chavanne

 

Sales & Business Development Director

Sales Executive

 

 

Neil Hyslop

 

Sales & Business Development Director

Sales Executive

 

 

Matthew Webb

 

Sales Assistant

Sales Executive

 

 

Jan Heere

 

Director of International Business

International Executive

 

 

Education:

University of Brussels , Belgium, Business 

 

Ricky Wilson

 

Head of Strategy, Business Devt and International E-Commerce

E-Commerce Executive

 

 

Social: 

Usama Al-Qassab

 

Brand Director

Marketing Executive

 

 

Lucy Calver

 

Brand Director

Marketing Executive

 

 

Social: 

Belinda Earl

 

Brand Director

Marketing Executive

 

 

Victoria Franks

 

Brand Director

Marketing Executive

 

 

Liza Freudman

 

Head of Marketing, Christmas and Events

Marketing Executive

 

 

Julie Guckian

 

Brand Director

Marketing Executive

 

 

Nayna Mcintosh

 

Marketing Director

Marketing Executive

 

 

Social: 

Robert Weston

 

Brand Director

Marketing Executive

 

 

Clair Foster

 

Head of Employee Communications & Group Planning

Corporate Communications Executive

 

 

Rowland Hill

 

Corporate & Social Responsibility Director

Corporate Communications Executive

 

 

Flic Howard-Allen

 

Communications Director

Corporate Communications Executive

BMI 

 

Annabel Lee-Frost

 

PR Manager

Public Relations Executive

 

 

Tania Littlehales

 

PR Director

Public Relations Executive

 

 

Social: 

Brian Sivyour

 

IT Programme Manager, General Merchandise and Foods Logistics

Information Executive

 

 

Darrell Stein

 

Chief Information Officer

Information Executive

 

 

Social: 

Gordon Henman

 

Packaging Technical Manager

Engineering/Technical Executive

 

 

Social: 

Claire Hodgson

 

Product Development Manager

Product Management Executive

 

 

Simon Richards

 

Product developer

Product Management Executive

 

 

Social: 

Chris Seaby

 

Product Developer

Product Management Executive

 

 

Social: 

Patrick Bousquet-Chavanne

 

Director, Strategy Implementation and Business Development

Business Development Executive

 

 

Susan Aubrey-Cound

 

Commercial Director

Commercial Executive

 

 

Dom Mcbrien

 

Commercial Director

Commercial Executive

 

 

Laura Wade-Gery

 

Commercial Director

Commercial Executive

 

 

Michael Fierstone

 

Head of Womenswear Planning and Merchandising

Planning Executive

 

 

Sacha Berendji

 

Retail Director

Merchandise Management Executive

 

 

David Binns

 

Head of Menswear Buying - UK & International

Merchandise Management Executive

 

 

Social: 

David Kightley

 

Retail Programme Manager

Merchandise Management Executive

 

 

Social: 

David Tomling

 

Infrastructure Manager - Retail Implementation

Merchandise Management Executive

 

 

Stui Henderson

 

Buying Development Manager - Foods

Purchasing Executive

 

 

Andy Howard

 

Senior Wine Buyer

Purchasing Executive

 

 

Stephanie Chen

 

Director of Kidswear and Home

Other

 

 

Karl Doyle

 

Trading Director of Kidswear

Other

 

 

Belinda Earl

 

Style Director

Other

 

 

Scott Fyfe

 

Director of MensWear

Other

 

 

Paul Greenwood

 

Business Lead - SAP Implementation

Other

 

 

Social: 

Damian Guha

 

Trading Director of Home

Other

 

 

Martha Lane Fox

 

Non-Executive Director

Other

 

 

Social: 

Richard Luney

 

Food Technologist

Other

 

 

Social: 

Simon Lushey

 

Snr. Food Technologist

Other

 

 

Social: 

John Quinn

 

Food Technologist for Traditional Meals, Gastropub

Other

 

 

Steve Rowe

 

Head of Food

Other

 

 

Social: 

Deborah Warman

 

Head of Employee Relations & Reward

Other

 

 

Social: 

 

Directors and Shareholders Report

 

Main Office Address:
Chester Business Park
Wrexham Road
Chester
United Kingdom CH4 9GA

Tel: 02079354422
Fax: 020 7268 2608
URL:http://www.marksandspencer.com

Annual Return Date: 09 Feb 2012
Total Issued Capital (GBP 000):712,510

 

Individual Directors

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Steven Michael 
Sharp

Current

05 Jul 1950

East Green, Southwold, 
Southwold, Suffolk IP18 6JW

15 Dec 2005

NA

Current:3
Previous:1
Disqualifications:0

 

Marc 
Bolland

Current

28 Mar 1959

Waterside House 35 North Wharf Road, 
Paddington, London W2 1NW

14 Jul 2010

NA

Current:2
Previous:32
Disqualifications:0

 

Alan 
Stewart

Current

24 Apr 1960

Waterside House 35 North Wharf Road, 
Paddington, London W2 1NW

28 Oct 2010

NA

Current:36
Previous:0
Disqualifications:0

 

Amanda 
Mellor

Current

07 Mar 1964

Waterside House 35 North Wharf Road, 
Paddington, London W2 1NW

17 Jul 2009

NA

Current:57
Previous:0
Disqualifications:0

 

Derek Keith 
Hayes

Previous

19 Nov 1948

Dorney Cottage Collinswood Road, Farnham Common, 
Slough, Berkshire SL2 3LH

04 Apr 1994

31 May 1999

Current:0
Previous:2
Disqualifications:0

 

Alan James 
Mcwalter

Previous

28 Apr 1953

1 Martineau Close, New Road, 
Esher, Surrey KT10 9PW

01 Jan 2000

10 Jul 2002

Current:8
Previous:21
Disqualifications:0

 

Roger 
Aldridge

Previous

24 Jan 1947

The Orchard 33 Harcourt Road, Dorney Reach, 
Maidenhead, Berkshire SL6 0DT

01 Jan 1993

19 Jul 2000

Current:1
Previous:13
Disqualifications:0

 

David Daniel
Sieff

Previous

22 Mar 1939

29A Montague Street, 
London , London WC1B 5BL

26 Jul 1992

11 Jul 2001

Current:4
Previous:19
Disqualifications:0

 

David Valentine 
Atterton

Previous

13 Feb 1927

14 Chesterfield House, 
London , London W1Y 5TB

NA

26 Jul 1993

Current:0
Previous:14
Disqualifications:0

 

Clara Elizabeth Mary 
Freeman

Previous

29 Apr 1952

9 Connaught Square, 
Paddington, London W2 2HG

01 Jan 1996

18 Sep 2000

Current:1
Previous:8
Disqualifications:0

 

David Ronald 
Norgrove

Previous

23 Jan 1948

31 Huddleston Road, 
London , London N7 0AD

18 Sep 2000

31 Mar 2004

Current:3
Previous:14
Disqualifications:0

 

Denis George 
Lanigan

Previous

25 Jan 1926

21 Queens Gate Gardens, 
South Kensington, London SW7 5LZ

26 Jul 1992

17 Jul 1997

Current:0
Previous:2
Disqualifications:0

 

David Reuben 
Susman

Previous

30 Oct 1925

Little Gotwick, 1A Marlboro Road Kenilworth,
Cape Town 7700

26 Jul 1993

26 Jul 1994

Current:0
Previous:1
Disqualifications:0

 

Vittorio 
Radice

Previous

02 Apr 1957

17A Belsize Lane,
London , London NW3 5AD

03 Mar 2003

09 Jun 2004

Current:1
Previous:10
Disqualifications:0

 

David John 
Eyre

Previous

01 Jul 1948

Waterside House, 35 North Wharf Road, 
Paddington, London W2 1NW

30 Oct 1997

30 Oct 1997

Current:2
Previous:5
Disqualifications:0

 

Simon John 
Sacher

Previous

09 Jun 1940

31 Blomfield Road, 
Maida Vale, London W9 1AA

26 Jul 1992

31 May 1999

Current:4
Previous:7
Disqualifications:0

 

John Anderson 
Lusher

Previous

03 Aug 1933

Edelweiss, Long Bottom Lane, 
Beaconsfield, Buckinghamshire HP9 2UL

26 Jul 1992

NA

Current:0
Previous:9
Disqualifications:0

 

Peter Leslie 
Salsbury

Previous

20 Jun 1949

63 St Johns Avenue, Putney, 
Putney, London SW15 6AL

26 Jul 1992

18 Sep 2000

Current:7
Previous:17
Disqualifications:0

 

Graham John
Oakley

Previous

12 Oct 1956

Waterside House, 35 North Wharf Road, 
Paddington, London W2 1NW

27 Mar 2002

31 Jul 2009

Current:3
Previous:74
Disqualifications:0

 

Clinton Vita 
Silver

Previous

26 Sep 1929

Rodgarden Shaw,
Wallingford, Oxfordshire OX10 6QT

NA

31 Jul 1994

Current:0
Previous:9
Disqualifications:0

 

Richard 
Greenbury

Previous

31 Jul 1936

Flat 8 Rodmarton Street, 
London , London W1H 3FW

26 Jul 1992

22 Jun 1999

Current:0
Previous:8
Disqualifications:0

 

Stella 
Rimington

Previous

13 May 1935

Flat 1 27 Baker Street, 
London , London W1M 2AE

01 Jan 1997

27 Mar 2002

Current:0
Previous:9
Disqualifications:0

 

Paul Peter Douglas 
Smith

Previous

20 Dec 1940

Mrs L Foster Room D139, Michael House, 
London , London W1A 1DN

NA

31 Mar 1999

Current:0
Previous:2
Disqualifications:0

 

Anthony Frank Elliott 
Ball

Previous

18 Dec 1955

18 Blakes Avenue, 
New Malden, Surrey KT3 6RL

01 Sep 2000

27 Mar 2002

Current:0
Previous:21
Disqualifications:0

 

John Michael Joseph 
Keenan

Previous

20 Oct 1936

One London Wall, 
London , London EC2Y 5AB

01 Sep 2001

27 Mar 2002

Current:4
Previous:18
Disqualifications:0

 

Barry Simon 
Morris

Previous

20 Jun 1947

23 Hartsbourne Avenue, Bushey, 
Watford, Hertfordshire WD2 1JP

04 Apr 1994

19 Jul 2000

Current:0
Previous:4
Disqualifications:0

 

Donald George 
Trangmar

Previous

16 Nov 1939

Penny Royal Village Lane, 
Slough, Berkshire SL2 3UY

NA

31 Mar 1998

Current:1
Previous:5
Disqualifications:0

 

Charles 
Wilson

Previous

27 Jul 1965

Waterside House, 35 North Wharf Road, 
Paddington, London W2 1NW

31 May 2004

28 Oct 2005

Current:3
Previous:31
Disqualifications:0

 

Brian Ford 
Baldock

Previous

10 Jun 1934

Sygen International Plc, 2 Kingston Business Park, 
Abingdon, Oxfordshire OX13 5FE

01 Oct 1996

27 Mar 2002

Current:2
Previous:20
Disqualifications:0

 

Robert William Chaigneau 
Colvill

Previous

09 Jul 1940

Zoffany House, 65 Strand On The Green, 
London , London W4 3PF

26 Jul 1992

31 Dec 2001

Current:1
Previous:20
Disqualifications:0

 

John Kevin 
Lomax

Previous

08 Dec 1948

11C Kingswood Road Hampton, Lovett Droitwich, 
Droitwich, Worcestershire WR9 0QH

01 Sep 2000

27 Mar 2002

Current:1
Previous:46
Disqualifications:0

 

Ralph Harry 
Robins

Previous

16 Jun 1932

Lynngarth, Hazelwood Road,
Belper, Derbyshire DE56 4AA

26 Jul 1993

11 Jul 2001

Current:2
Previous:10
Disqualifications:0

 

Philip Guy 
Mccracken

Previous

25 Nov 1948

40-44 Coombe Road, 
New Malden, Surrey KT3 4QF

26 Jul 1992

18 Sep 2000

Current:80
Previous:55
Disqualifications:0

 

Ian 
Dyson

Previous

11 May 1962

Waterside House, 35 North Wharf Road, 
Paddington, London W2 1NW

27 Jun 2005

14 Jul 2010

Current:0
Previous:36
Disqualifications:0

 

Michael Sydney 
Perry

Previous

26 Feb 1934

Flat 3, 35 Queens Gate Gardens, 
South Kensington, London SW7 5RR

01 Oct 1996

11 Jul 2001

Current:0
Previous:13
Disqualifications:0

 

Roger Anthony 
Holmes

Previous

21 Jan 1960

421 Flagstaff House, 10 St George Wharf, 
South Lambeth, London SW8 2LZ

01 Jan 2001

31 May 2004

Current:4
Previous:25
Disqualifications:0

 

Alison Clare 
Reed

Previous

22 Dec 1956

British Airways Plc Hbb3 Po Box 365, Waterside, 
West Drayton, Middlesex UB7 0GB

11 Jul 2001

30 Apr 2005

Current:2
Previous:26
Disqualifications:0

 

Maurice Harold 
Helfgott

Previous

30 Jun 1967

2Nd Floor 100 West Regent Street, 
Glasgow, Glasgow City G2 2QD

19 Nov 2003

09 Nov 2004

Current:10
Previous:9
Disqualifications:0

 

Janet Mary 
Young

Previous

23 Oct 1926

23 Northmoor Road, 
Oxford, Oxfordshire OX2 6UR

26 Jul 1992

17 Jul 1997

Current:0
Previous:8
Disqualifications:0

 

Nigel Lawrence 
Colne

Previous

08 Jun 1940

Nettlesworth Farm, Nettlesworth Lane, 
Heathfield, East Sussex TN21 9AR

26 Jul 1992

31 Mar 1997

Current:2
Previous:10
Disqualifications:0

 

Justin Matthew 
King

Previous

17 May 1961

Harbury House, Harbury, 
Leamington Spa, Warwickshire CV33 9HQ

01 Sep 2002

19 Nov 2003

Current:0
Previous:3
Disqualifications:0

 

Luc Emile 
Vandevelde

Previous

26 Feb 1951

11 The Manor, 10 Davies Street, 
London , London W1K 3DW

28 Feb 2000

31 May 2004

Current:0
Previous:6
Disqualifications:0

 

James Richard 
Benfield

Previous

22 Apr 1949

7 North Road, Highgate, 
London , London N6 4BD

NA

31 Dec 1999

Current:0
Previous:6
Disqualifications:0

 

Laurel Claire
Powers-Freeling

Previous

16 May 1957

Goldingtons, Church Lane Sarratt, 
Rickmansworth, Hertfordshire WD3 6HE

06 Nov 2001

09 Nov 2004

Current:5
Previous:22
Disqualifications:0

 

Andrew Zeliq 
Stone

Previous

07 Sep 1942

17 Parkgate, 
London , London SE3 9XF

NA

31 Dec 1999

Current:2
Previous:10
Disqualifications:0

 

Mark David 
Mckeon

Previous

28 Oct 1958

New Forest Gate House, Lyndhurst,
Lyndhurst, Hampshire SO43 7GR

05 Apr 2004

09 Nov 2004

Current:0
Previous:3
Disqualifications:0

 

Martin 
Jacomb

Previous

11 Nov 1929

42 Berkeley Square, 
London , London W1J 5AW

NA

19 Jul 2000

Current:5
Previous:22
Disqualifications:0

 

John Keith 
Oates

Previous

03 Jul 1942

9 Kensington Gate, 
London , London W8 5NA

26 Jul 1992

31 Jan 1999

Current:4
Previous:17
Disqualifications:0

 

Christopher 
Littmoden

Previous

28 Sep 1943

180 Riverside Drive 35E, 
New York 10069, Ny

NA

31 May 1999

Current:1
Previous:15
Disqualifications:0

 

Stuart Alan Ransom 
Rose

Previous

17 Mar 1949

Waterside House, 35 North Wharf Road, 
Paddington, London W2 1NW

31 May 2004

31 Jul 2010

Current:2
Previous:13
Disqualifications:0

 

Joseph Thomas 
Rowe

Previous

19 Jun 1947

Highlands, 5 Sprucedale Gardens, 
Croydon, London CR0 5HU

NA

19 Jul 2000

Current:0
Previous:3
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Directors

 

There are no corporate directors for this company.

 

 

Individual Secretaries

 

Name

Status

DOB

Filed Address

Appointment Date

Resignation Date

Summary of Directorships

 

Amanda 
Mellor

Current

NA

Waterside House 35 North Wharf Road, 
Paddington, London W2 1NW

30 Jul 2009

NA

Current:2
Previous:0
Disqualifications:0

 

John 
O'Neill

Previous

02 May 1935

Beechwood, Little Heath Lane,
Berkhamsted, Hertfordshire HP4 2RY

26 Jul 1992

31 Jul 1997

Current:0
Previous:10
Disqualifications:0

 

Graham John 
Oakley

Previous

12 Oct 1956

Waterside House, 35 North Wharf Road, 
Paddington, London W2 1NW

01 Aug 1997

30 Jul 2009

Current:3
Previous:74
Disqualifications:0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate Secretaries

 

There are no corporate secretaries for this company.

 

 

 

Annual Profit & Loss

 

Financials in: USD (mil)          

Except for share items (millions) and per share items (actual units)   

 

 

 

31-Mar-2012

02-Apr-2011

03-Apr-2010

28-Mar-2009

29-Mar-2008

Period Length

52 Weeks

52 Weeks

53 Weeks

52 Weeks

52 Weeks

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.626752

0.643214

0.627675

0.590376

0.498398

Consolidated

Yes

Yes

Yes

Yes

Yes

 

 

 

 

 

 

Turnover (UK)

-

-

-

13,829.0

16,671.6

Turnover (Exports)

-

-

-

1,520.7

1,430.4

Total Turnover

15,850.4

15,143.2

15,193.5

15,349.7

18,102.0

Cost of Sales

9,858.9

9,352.4

9,428.6

9,638.3

11,106.0

Gross Profit

5,991.5

5,790.8

5,764.9

5,711.4

6,996.0

Depreciation

645.9

647.5

628.0

646.5

594.5

Other Expenses

4,922.8

4,601.4

4,511.1

4,709.5

4,910.1

Other Income

199.4

177.5

111.2

546.8

419.3

Interest Paid

218.3

153.3

258.4

363.3

294.1

Exceptional Income

0.0

0.0

12.9

10.8

54.2

Discontinued Operations

-

-

-

-

0.0

Profit Before Taxes

1,049.9

1,213.6

1,119.5

1,196.2

2,265.3

Tax Payable / Credit

268.7

283.0

286.3

337.8

618.2

Extraordinary Items/Debits

0.0

0.0

0.0

0.0

0.0

Dividends

436.5

389.9

376.0

603.5

69.0

Profit After Taxes

344.6

540.7

457.2

254.9

1,578.1

Audit Fees

1.6

1.6

2.2

1.5

1.6

Non Audit Fees

1.3

1.2

1.3

1.0

1.6

Number of Employees

81,208

78,169

76,267

77,864

75,389

Pensions

-

-

0.0

-

-

Employees Remuneration

1,998.6

1,947.7

2,006.5

1,954.2

2,348.7

Directors Emoluments

-

-

6.2

-

-

Other Costs

-

-

7.5

-

-

Directors Remuneration

3,806.9

7,324.2

13.6

10.6

3.6

Highest Paid Director

2,683.7

6,812.7

4.2

3.0

2.8

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Mar-2012

02-Apr-2011

03-Apr-2010

28-Mar-2009

29-Mar-2008

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate

0.628108

0.623791

0.654343

0.698153

0.502715

Consolidated

Yes

Yes

Yes

Yes

Yes

 

 

 

 

 

 

Land & Buildings

-

-

-

3,679.0

5,187.2

Fixtures & Fittings

-

-

-

3,245.0

4,170.0

Plant & Vehicles

-

-

-

0.0

0.0

Total Tangible Fixed Assets

7,625.9

7,474.0

7,216.4

6,924.0

9,357.2

Intangible Assets

930.3

846.0

692.0

573.4

607.7

Investments

762.9

869.4

260.6

924.0

2,048.5

Total Fixed Assets

9,319.1

9,189.3

8,169.0

8,421.4

12,013.4

Total Stocks Work In Progress

1,085.6

1,098.6

937.1

767.7

972.5

Trade Debtors

182.5

157.6

142.4

119.6

168.3

Inter-Company Debtors

-

-

-

3,751.8

5,141.3

Director Loans

-

-

-

0.0

0.0

Other Debtors

220.3

243.7

734.5

288.9

443.2

Total Debtors

402.8

401.3

876.9

4,160.3

5,752.8

Cash and Equivalents

312.2

753.8

620.2

605.7

632.6

Other Current Assets

4,570.6

4,533.1

335.9

208.7

133.7

Total Current Assets

6,371.2

6,786.7

2,770.1

5,742.4

7,491.5

Total Assets

15,690.3

15,976.0

10,939.1

14,163.8

19,504.9

Trade Creditors

1,573.9

1,473.6

1,210.7

511.3

451.3

Bank Overdraft

61.1

440.5

381.3

211.8

512.0

Inter-Company Creditors

0.0

0.0

0.0

0.0

0.0

Director Loans (Current Liability)

0.0

0.0

0.0

0.0

0.0

Hire Purchase (Current Liability)

0.0

0.0

0.0

0.0

0.0

Finance Lease (Current Liability)

13.9

19.9

20.8

19.6

12.3

Total Finance Lease/Hire Purchase (Current Liability)

13.9

19.9

20.8

19.6

12.3

Total Short Term Loans

0.0

0.0

335.9

1,119.0

1,223.4

Accruals/Deferred Income (Current Liability)

619.3

595.1

431.3

357.4

531.3

Social Security/VAT

113.8

91.7

121.3

57.9

111.6

Corporation Tax

139.8

184.4

197.4

113.0

74.6

Other Current Liabilities

670.9

738.1

41.4

914.3

1,037.8

Total Current Liabilities

3,192.8

3,543.2

2,740.2

3,304.3

3,954.3

Group Loans (Long Term Liability)

0.0

0.0

-

0.0

0.0

Director Loans (Long Term Liability)

-

-

-

0.0

0.0

Hire Purchase (Long Term Liability)

0.0

0.0

0.0

0.0

0.0

Leasing (Long Term Liability)

90.4

105.6

116.5

126.3

153.8

Total Hire Purchase Loans (Long Term Liability)

90.4

105.6

116.5

126.3

153.8

Other Long Term Loans

0.5

22.9

27.4

2,907.2

3,698.3

Accruals/Deferred Income (Long Term Liability)

0.0

0.0

-

-

380.3

Other Long Term Liabilities

3,501.0

3,436.6

3,765.9

450.9

1,339.1

Total Long Term Liabilities

3,591.9

3,565.1

3,909.7

3,484.5

5,571.6

Deferred Taxation

311.6

315.0

193.3

323.0

740.2

Other Provisions

59.4

57.9

755.3

275.6

69.8

Total Provisions

371.0

372.9

948.6

598.6

810.0

Issued Capital

1,134.4

1,142.2

604.4

1,020.5

1,417.3

Share Premium Accounts

614.7

619.0

378.2

553.0

768.0

Revaluation Reserve

0.0

0.0

0.0

0.0

0.0

Retained Earnings

6,086.2

5,931.5

8,072.1

5,074.7

7,026.7

Other Reserves

717.6

795.9

-5,740.6

101.1

-57.5

Minority Interests (Balance Sheet)

18.1

-6.3

-26.4

-27.1

-14.5

Total Shareholders Funds

8,552.8

8,488.6

3,314.2

6,749.4

9,154.5

Net Worth

7,622.6

7,642.6

2,622.2

6,176.0

8,546.8

 

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

31-Mar-2012

02-Apr-2011

03-Apr-2010

28-Mar-2009

29-Mar-2008

Period Length

52 Weeks

52 Weeks

53 Weeks

52 Weeks

52 Weeks

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate (Period Average)

0.626752

0.643214

0.627675

0.590376

0.498398

Consolidated

Yes

Yes

Yes

Yes

Yes

 

 

 

 

 

 

 

 

Annual Ratios

 

 

 

31-Mar-2012

02-Apr-2011

03-Apr-2010

28-Mar-2009

29-Mar-2008

Period Length

52 Weeks

52 Weeks

53 Weeks

52 Weeks

52 Weeks

Filed Currency

GBP

GBP

GBP

GBP

GBP

Exchange Rate

0.628108

0.623791

0.654343

0.698153

0.502715

Consolidated

Yes

Yes

Yes

Yes

Yes

 

 

 

 

 

 

Current Ratio

2.00

1.92

1.01

1.74

1.89

Liquidity Ratio

1.66

1.61

0.67

1.51

1.65

Stock Turnover

14.57

14.21

15.26

16.91

18.45

Credit Period (Days)

4.21

3.68

3.64

3.36

3.42

Working Capital by Sales

20.10%

20.77%

0.21%

18.78%

19.71%

Trade Credit by Debtors

8.63

9.35

8.50

4.28

2.68

Return on Capital

8.38%

10.07%

12.85%

9.31%

14.44%

Return on Assets

6.68%

7.83%

9.63%

7.14%

11.51%

Profit Margin

6.62%

8.01%

7.37%

7.79%

12.51%

Return on Shareholders Funds

12.25%

14.74%

31.79%

14.99%

24.53%

Borrowing Ratio

2.18%

7.71%

33.63%

70.98%

65.52%

Equity Gearing

54.51%

53.13%

30.30%

47.65%

46.93%

Debt Gearing

1.19%

1.68%

5.48%

49.12%

45.07%

Interest Coverage

4.81

7.92

4.33

3.29

7.70

Sales by Tangible Assets

2.07

2.09

1.98

1.87

1.92

Average Remuneration per Employee

0.0

0.0

0.0

0.0

0.0

Profit per Employee

0.0

0.0

0.0

0.0

0.0

Sales per Employee

0.2

0.2

0.2

0.2

0.2

Capital Employed per Employee

0.2

0.2

0.1

0.1

0.2

Tangible Assets per Employee

0.1

0.1

0.1

0.1

0.1

Total Assets per Employee

0.2

0.2

0.1

0.2

0.3

Employee Remuneration by Sales

12.61%

12.86%

13.21%

12.73%

12.97%

Creditor Days (Cost of Sales Based)

58.40

55.77

49.81

22.90

14.96

Creditor Days (Sales Based)

36.32

34.45

30.91

14.38

9.18

 

Annual Income Statement

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Net Sales

15,143.2

15,193.9

Revenue

15,143.2

15,193.9

Total Revenue

15,143.2

15,193.9

 

 

 

Gross Profit

15,143.2

15,193.9

 

 

 

    Other Operating Expense

13,842.1

13,836.5

Other Operating Expenses, Total

13,842.1

13,836.5

Total Operating Expense

13,842.1

13,836.5

 

 

 

Operating Income

1,301.1

1,357.4

 

 

 

        Interest Expense - Non-Operating

-153.3

-258.4

    Interest Expense, Net Non-Operating

-153.3

-258.4

        Interest Income - Non-Operating

65.8

20.6

    Interest/Investment Income - Non-Operating

65.8

20.6

Interest Income (Expense) - Net Non-Operating Total

-87.5

-237.9

Income Before Tax

1,213.6

1,119.5

 

 

 

Total Income Tax

283.0

286.3

Income After Tax

930.6

833.2

 

 

 

    Minority Interest

20.8

5.3

Net Income Before Extraord Items

951.5

838.5

Net Income

951.5

838.5

 

 

 

Income Available to Common Excl Extraord Items

951.5

838.5

 

 

 

Income Available to Common Incl Extraord Items

951.5

838.5

 

 

 

Diluted Net Income

951.5

838.5

Dividends per Share - Common Stock Primary Issue

0.23

0.13

Gross Dividends - Common Stock

660.3

381.4

Interest Expense, Supplemental

218.6

238.5

Depreciation, Supplemental

647.7

628.2

Total Special Items

12.9

-12.9

Normalized Income Before Tax

1,226.5

1,106.6

 

 

 

Effect of Special Items on Income Taxes

3.0

-3.3

Inc Tax Ex Impact of Sp Items

286.0

283.0

Normalized Income After Tax

940.5

823.6

 

 

 

Normalized Inc. Avail to Com.

961.4

828.9

 

 

 

Amort of Intangibles, Supplemental

79.3

53.7

Normalized EBIT

1,314.0

1,344.5

Normalized EBITDA

2,041.0

2,026.4

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

02-Apr-2011

03-Apr-2010

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate

0.623791

0.654343

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Cash & Equivalents

753.8

620.2

Cash and Short Term Investments

753.8

620.2

    Trade Accounts Receivable - Net

401.3

430.0

    Other Receivables

2.6

0.0

Total Receivables, Net

403.8

430.0

Total Inventory

1,098.6

937.1

    Other Current Assets

4,530.5

4,314.7

Other Current Assets, Total

4,530.5

4,314.7

Total Current Assets

6,786.7

6,302.0

 

 

 

Property/Plant/Equipment - Net

7,499.6

7,250.6

Intangibles, Net

846.0

692.0

    LT Investment - Affiliate Companies

20.8

17.6

Long Term Investments

20.8

17.6

Note Receivable - Long Term

442.6

439.7

    Pension Benefits - Overfunded

292.7

0.0

    Deferred Income Tax - Long Term Asset

0.0

1.1

    Other Long Term Assets

87.5

249.1

Other Long Term Assets, Total

380.3

250.2

Total Assets

15,976.0

14,952.1

 

 

 

Accounts Payable

2,160.3

1,763.3

Notes Payable/Short Term Debt

0.0

0.0

Current Portion - Long Term Debt/Capital Leases

965.5

738.0

    Income Taxes Payable

184.4

197.4

    Other Current Liabilities

232.9

190.4

Other Current liabilities, Total

417.3

387.9

Total Current Liabilities

3,543.2

2,889.2

 

 

 

    Long Term Debt

3,084.5

3,481.4

Total Long Term Debt

3,084.5

3,481.4

Total Debt

4,050.1

4,219.3

 

 

 

    Deferred Income Tax - LT Liability

315.0

193.3

Deferred Income Tax

315.0

193.3

Minority Interest

6.3

26.4

    Reserves

35.3

39.0

    Pension Benefits - Underfunded

22.6

560.1

    Other Long Term Liabilities

480.6

428.4

Other Liabilities, Total

538.5

1,027.4

Total Liabilities

7,487.4

7,617.7

 

 

 

    Common Stock

1,142.2

1,088.9

Common Stock

1,142.2

1,088.9

Additional Paid-In Capital

619.0

590.1

Retained Earnings (Accumulated Deficit)

6,745.5

5,637.7

    Other Comprehensive Income

-18.1

17.7

Other Equity, Total

-18.1

17.7

Total Equity

8,488.6

7,334.4

 

 

 

Total Liabilities & Shareholders’ Equity

15,976.0

14,952.1

 

 

 

    Shares Outstanding - Common Stock Primary Issue

2,850.0

2,850.0

Total Common Shares Outstanding

2,850.0

2,850.0

 

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Other Operating Cash Flow

1,865.5

1,958.0

Changes in Working Capital

1,865.5

1,958.0

Cash from Operating Activities

1,865.5

1,958.0

 

 

 

    Purchase of Fixed Assets

-508.9

-560.8

    Purchase/Acquisition of Intangibles

-196.7

-123.5

Capital Expenditures

-705.5

-684.3

    Acquisition of Business

0.0

-8.6

    Sale of Fixed Assets

5.4

33.3

    Purchase of Investments

-68.9

-188.5

    Other Investing Cash Flow

6.4

4.3

Other Investing Cash Flow Items, Total

-57.1

-159.5

Cash from Investing Activities

-762.6

-843.7

 

 

 

    Other Financing Cash Flow

-300.8

-398.9

Financing Cash Flow Items

-300.8

-398.9

    Cash Dividends Paid - Common

-389.9

-381.4

Total Cash Dividends Paid

-389.9

-381.4

        Long Term Debt Issued

46.8

706.9

        Long Term Debt Reduction

-362.6

-1,189.8

    Long Term Debt, Net

-315.8

-482.9

Issuance (Retirement) of Debt, Net

-315.8

-482.9

Cash from Financing Activities

-1,006.5

-1,263.2

 

 

 

Foreign Exchange Effects

-1.9

-3.3

Net Change in Cash

94.5

-152.3

 

 

 

Net Cash - Beginning Balance

315.1

475.2

Net Cash - Ending Balance

409.7

322.9

Cash Interest Paid

227.6

260.3

Cash Taxes Paid

288.1

192.3

 

 

Annual Income Statement

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Revenue

15,143.2

15,193.9

Total Revenue

15,143.2

15,193.9

 

 

 

    Operating Expenses

13,842.1

13,836.5

Total Operating Expense

13,842.1

13,836.5

 

 

 

    Finance Income

65.8

20.6

    Finance Costs

-153.3

-258.4

Net Income Before Taxes

1,213.6

1,119.5

 

 

 

Provision for Income Taxes

283.0

286.3

Net Income After Taxes

930.6

833.2

 

 

 

    Non Controlling Interest

20.8

5.3

Net Income Before Extra. Items

951.5

838.5

Net Income

951.5

838.5

 

 

 

Income Available to Com Excl ExtraOrd

951.5

838.5

 

 

 

Income Available to Com Incl ExtraOrd

951.5

838.5

 

 

 

Diluted Net Income

951.5

838.5

DPS-Ordinary Shares

0.23

0.13

Gross Dividends - Common Stock

660.3

381.4

Normalized Income Before Taxes

1,226.5

1,106.6

 

 

 

Inc Tax Ex Impact of Sp Items

286.0

283.0

Normalized Income After Taxes

940.5

823.6

 

 

 

Normalized Inc. Avail to Com.

961.4

828.9

 

 

 

Interest Expense, Supplemental

218.6

238.5

Depreciation, Supplemental

647.7

628.2

Amort of Intangibles, Supplemental

79.3

53.7

 

spacebar

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

02-Apr-2011

03-Apr-2010

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate

0.623791

0.654343

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Inventories

1,098.6

937.1

    Other Financial Assets

4,501.0

4,241.2

    Trade and Other Receivables

401.3

430.0

    Derivative Financial Instruments

29.5

73.5

    Current Tax Receivable

2.6

0.0

    Cash and Cash Equivalents

753.8

620.2

Total Current Assets

6,786.7

6,302.0

 

 

 

    Intangible Assets

846.0

692.0

    Property, Plant and Equipment

7,474.0

7,216.4

    Investment Property

25.6

34.2

    Investment in Joint Ventures

20.8

17.6

    Other Financial Assets

52.6

46.0

    Retirement Benefit Asset

292.7

0.0

    Trade and Other Receivables

442.6

439.7

    Derivative Financial Instruments

34.9

203.1

    Deferred Tax Assets

0.0

1.1

Total Assets

15,976.0

14,952.1

 

 

 

    Trade and Other Payables

2,160.3

1,763.3

    Borrowings and Other Financial Liabilite

965.5

738.0

    Partnership Liability to the Marks& Spen

115.3

109.9

    Derivative Financial Instruments

81.3

41.4

    Provisions

36.4

39.1

    Current Tax Liabilites

184.4

197.4

Total Current Liabilities

3,543.2

2,889.2

 

 

 

    Borrowings and Other Financial Liabiltie

3,084.5

3,481.4

Total Long Term Debt

3,084.5

3,481.4

 

 

 

    Retirement Benefit Deficit

22.6

560.1

    Trade & Other Payables

420.5

428.4

    Derivative Financial Instruments

60.1

0.0

    Provisions

35.3

39.0

    Deferred Tax Liabilities

315.0

193.3

    Non Controlling Interest

6.3

26.4

Total Liabilities

7,487.4

7,617.7

 

 

 

    Called Up Share Capital

1,142.2

1,088.9

    Share Premium Account

619.0

590.1

    Capital Rdemption Reserve

12.8

12.2

    Hedging Reserve

-18.1

17.7

    Other Reserve

801.2

873.7

    Retained Earnings

5,931.5

4,751.8

Total Equity

8,488.6

7,334.4

 

 

 

Total Liabilities & Shareholders' Equity

15,976.0

14,952.1

 

 

 

    S/O-Ordinary Shares

2,850.0

2,850.0

Total Common Shares Outstanding

2,850.0

2,850.0

 

 

Annual Cash Flows

Financials in: USD (mil)

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Cash Generated from Operations

2,153.6

2,150.3

    Tax Paid

-288.1

-192.3

Cash from Operating Activities

1,865.5

1,958.0

 

 

 

    Acqusition of Subsidiaries, Net of Cash

0.0

-8.6

    Capital Expenditure

-508.9

-560.8

    Proceeds from Sale of Property, Plant an

5.4

33.3

    Purchase of Intangible Assets

-196.7

-123.5

    Purchase of Current Financial Assets

-68.9

-188.5

    Interest Received

6.4

4.3

Cash from Investing Activities

-762.6

-843.7

 

 

 

    Interest Paid

-227.6

-260.3

    Cash Inflow from Borrowings

28.6

48.9

    Repayment of Syndicated Bank Facility

-338.1

-843.4

    Movement in Parent Company Loan

18.2

25.2

    Issue of Medium Term Notes

0.0

632.8

    Redemption of Medium Term Notes

0.0

-319.3

    Monetisation of Derivative Assets

51.0

0.0

    Decrease in Obligations Under Finance Le

-24.4

-27.1

    Payment of Liability to The Marks & Spen

-105.6

-108.3

    Equity Dividends Paid

-389.9

-381.4

    Net Purhcase of Shares in Parent Company

-18.7

-30.3

Cash from Financing Activities

-1,006.5

-1,263.2

 

 

 

Foreign Exchange Effects

-1.9

-3.3

Net Change in Cash

94.5

-152.3

 

 

 

Opening Net Cash

315.1

475.2

Closing Net Cash

409.7

322.9

    Cash Interest Paid

227.6

260.3

    Cash Taxes Paid

288.1

192.3

 

 

Financial Health

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

Key Indicators USD (mil)

 

Quarter
Ending

Quarter
Ending
Yr Ago

Annual
Year End
02-Apr-2011

1 Year
Growth

3 Year
Growth

5 Year
Growth

Total Revenue1 

-

-

15,143.2

2.13%

-

-

Operating Income1 

-

-

1,301.1

-1.77%

-

-

Income Available to Common Excl Extraord Items1 

-

-

951.5

16.28%

-

-

Capital Expenditures2 

-

-

705.5

5.66%

-

-

Cash from Operating Activities2 

-

-

1,865.5

-2.37%

-

-

Free Cash Flow 

-

-

1,196.1

-6.68%

-

-

Total Assets3 

-

-

15,976.0

1.86%

-

-

Total Liabilities3 

-

-

7,487.4

-6.30%

-

-

Total Long Term Debt3 

-

-

3,084.5

-15.54%

-

-

Total Common Shares Outstanding3 

-

-

2,850.0

0.00%

-

-

1-ExchangeRate: GBP to USD Average for Period

 

 

0.643214

 

 

 

2-ExchangeRate: GBP to USD Average for Period

 

 

0.643214

 

 

 

3-ExchangeRate: GBP to USD Period End Date

 

 

0.623791

 

 

 

Key Ratios

 

02-Apr-2011

03-Apr-2010

Profitability

Gross Margin 

100.00%

100.00%

Operating Margin 

8.59%

8.93%

Pretax Margin 

8.01%

7.37%

Net Profit Margin 

6.28%

5.52%

Financial Strength

Current Ratio 

1.92

2.18

Long Term Debt/Equity 

0.36

0.47

Total Debt/Equity 

0.48

0.58

Management Effectiveness

Return on Assets 

6.06%

-

Return on Equity 

12.13%

-

Efficiency

Receivables Turnover 

36.53

-

Asset Turnover 

0.99

-

 

 

 

Annual Ratios

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

Financial Strength

Current Ratio 

1.92

2.18

Quick/Acid Test Ratio 

0.33

0.36

Working Capital1 

3,243.6

3,412.9

Long Term Debt/Equity 

0.36

0.47

Total Debt/Equity 

0.48

0.58

Long Term Debt/Total Capital 

0.25

0.30

Total Debt/Total Capital 

0.32

0.37

Effective Tax Rate 

23.32%

25.57%

Total Capital1 

12,538.6

11,553.7

 

 

 

Efficiency

Asset Turnover 

0.99

-

Receivables Turnover 

36.53

-

Days Receivables Outstanding 

9.99

-

 

 

 

Profitability

Gross Margin 

100.00%

100.00%

Operating Margin 

8.59%

8.93%

EBITDA Margin 

13.39%

13.42%

EBIT Margin 

8.59%

8.93%

Pretax Margin 

8.01%

7.37%

Net Profit Margin 

6.28%

5.52%

 

 

 

Management Effectiveness

Return on Assets 

6.06%

-

Return on Equity 

12.13%

-

 

 

 

Valuation

Free Cash Flow/Share2 

0.42

0.43

Operating Cash Flow/Share 2 

0.67

0.66

1-ExchangeRate: GBP to USD Period End Date

0.623791

0.654343

2-ExchangeRate: GBP to USD Average for Period

0.623791

0.654343

 

 

 

 

Annual Income Statement

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Net Sales

15,143.2

15,193.9

Revenue

15,143.2

15,193.9

Total Revenue

15,143.2

15,193.9

 

 

 

Gross Profit

15,143.2

15,193.9

 

 

 

    Other Operating Expense

13,842.1

13,836.5

Other Operating Expenses, Total

13,842.1

13,836.5

Total Operating Expense

13,842.1

13,836.5

 

 

 

Operating Income

1,301.1

1,357.4

 

 

 

        Interest Expense - Non-Operating

-153.3

-258.4

    Interest Expense, Net Non-Operating

-153.3

-258.4

        Interest Income - Non-Operating

65.8

20.6

    Interest/Investment Income - Non-Operating

65.8

20.6

Interest Income (Expense) - Net Non-Operating Total

-87.5

-237.9

Income Before Tax

1,213.6

1,119.5

 

 

 

Total Income Tax

283.0

286.3

Income After Tax

930.6

833.2

 

 

 

    Minority Interest

20.8

5.3

Net Income Before Extraord Items

951.5

838.5

Net Income

951.5

838.5

 

 

 

Income Available to Common Excl Extraord Items

951.5

838.5

 

 

 

Income Available to Common Incl Extraord Items

951.5

838.5

 

 

 

Diluted Net Income

951.5

838.5

Dividends per Share - Common Stock Primary Issue

0.23

0.13

Gross Dividends - Common Stock

660.3

381.4

Interest Expense, Supplemental

218.6

238.5

Depreciation, Supplemental

647.7

628.2

Total Special Items

12.9

-12.9

Normalized Income Before Tax

1,226.5

1,106.6

 

 

 

Effect of Special Items on Income Taxes

3.0

-3.3

Inc Tax Ex Impact of Sp Items

286.0

283.0

Normalized Income After Tax

940.5

823.6

 

 

 

Normalized Inc. Avail to Com.

961.4

828.9

 

 

 

Amort of Intangibles, Supplemental

79.3

53.7

Normalized EBIT

1,314.0

1,344.5

Normalized EBITDA

2,041.0

2,026.4

 

 

Annual Balance Sheet

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate

0.623791

0.654343

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Cash & Equivalents

753.8

620.2

Cash and Short Term Investments

753.8

620.2

    Trade Accounts Receivable - Net

401.3

430.0

    Other Receivables

2.6

0.0

Total Receivables, Net

403.8

430.0

Total Inventory

1,098.6

937.1

    Other Current Assets

4,530.5

4,314.7

Other Current Assets, Total

4,530.5

4,314.7

Total Current Assets

6,786.7

6,302.0

 

 

 

Property/Plant/Equipment - Net

7,499.6

7,250.6

Intangibles, Net

846.0

692.0

    LT Investment - Affiliate Companies

20.8

17.6

Long Term Investments

20.8

17.6

Note Receivable - Long Term

442.6

439.7

    Pension Benefits - Overfunded

292.7

0.0

    Deferred Income Tax - Long Term Asset

0.0

1.1

    Other Long Term Assets

87.5

249.1

Other Long Term Assets, Total

380.3

250.2

Total Assets

15,976.0

14,952.1

 

 

 

Accounts Payable

2,160.3

1,763.3

Notes Payable/Short Term Debt

0.0

0.0

Current Portion - Long Term Debt/Capital Leases

965.5

738.0

    Income Taxes Payable

184.4

197.4

    Other Current Liabilities

232.9

190.4

Other Current liabilities, Total

417.3

387.9

Total Current Liabilities

3,543.2

2,889.2

 

 

 

    Long Term Debt

3,084.5

3,481.4

Total Long Term Debt

3,084.5

3,481.4

Total Debt

4,050.1

4,219.3

 

 

 

    Deferred Income Tax - LT Liability

315.0

193.3

Deferred Income Tax

315.0

193.3

Minority Interest

6.3

26.4

    Reserves

35.3

39.0

    Pension Benefits - Underfunded

22.6

560.1

    Other Long Term Liabilities

480.6

428.4

Other Liabilities, Total

538.5

1,027.4

Total Liabilities

7,487.4

7,617.7

 

 

 

    Common Stock

1,142.2

1,088.9

Common Stock

1,142.2

1,088.9

Additional Paid-In Capital

619.0

590.1

Retained Earnings (Accumulated Deficit)

6,745.5

5,637.7

    Other Comprehensive Income

-18.1

17.7

Other Equity, Total

-18.1

17.7

Total Equity

8,488.6

7,334.4

 

 

 

Total Liabilities & Shareholders’ Equity

15,976.0

14,952.1

 

 

 

    Shares Outstanding - Common Stock Primary Issue

2,850.0

2,850.0

Total Common Shares Outstanding

2,850.0

2,850.0

 

 

Annual Cash Flows

Standardized

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Other Operating Cash Flow

1,865.5

1,958.0

Changes in Working Capital

1,865.5

1,958.0

Cash from Operating Activities

1,865.5

1,958.0

 

 

 

    Purchase of Fixed Assets

-508.9

-560.8

    Purchase/Acquisition of Intangibles

-196.7

-123.5

Capital Expenditures

-705.5

-684.3

    Acquisition of Business

0.0

-8.6

    Sale of Fixed Assets

5.4

33.3

    Purchase of Investments

-68.9

-188.5

    Other Investing Cash Flow

6.4

4.3

Other Investing Cash Flow Items, Total

-57.1

-159.5

Cash from Investing Activities

-762.6

-843.7

 

 

 

    Other Financing Cash Flow

-300.8

-398.9

Financing Cash Flow Items

-300.8

-398.9

    Cash Dividends Paid - Common

-389.9

-381.4

Total Cash Dividends Paid

-389.9

-381.4

        Long Term Debt Issued

46.8

706.9

        Long Term Debt Reduction

-362.6

-1,189.8

    Long Term Debt, Net

-315.8

-482.9

Issuance (Retirement) of Debt, Net

-315.8

-482.9

Cash from Financing Activities

-1,006.5

-1,263.2

 

 

 

Foreign Exchange Effects

-1.9

-3.3

Net Change in Cash

94.5

-152.3

 

 

 

Net Cash - Beginning Balance

315.1

475.2

Net Cash - Ending Balance

409.7

322.9

Cash Interest Paid

227.6

260.3

Cash Taxes Paid

288.1

192.3

 

 

 

Annual Income Statement

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Revenue

15,143.2

15,193.9

Total Revenue

15,143.2

15,193.9

 

 

 

    Operating Expenses

13,842.1

13,836.5

Total Operating Expense

13,842.1

13,836.5

 

 

 

    Finance Income

65.8

20.6

    Finance Costs

-153.3

-258.4

Net Income Before Taxes

1,213.6

1,119.5

 

 

 

Provision for Income Taxes

283.0

286.3

Net Income After Taxes

930.6

833.2

 

 

 

    Non Controlling Interest

20.8

5.3

Net Income Before Extra. Items

951.5

838.5

Net Income

951.5

838.5

 

 

 

Income Available to Com Excl ExtraOrd

951.5

838.5

 

 

 

Income Available to Com Incl ExtraOrd

951.5

838.5

 

 

 

Diluted Net Income

951.5

838.5

DPS-Ordinary Shares

0.23

0.13

Gross Dividends - Common Stock

660.3

381.4

Normalized Income Before Taxes

1,226.5

1,106.6

 

 

 

Inc Tax Ex Impact of Sp Items

286.0

283.0

Normalized Income After Taxes

940.5

823.6

 

 

 

Normalized Inc. Avail to Com.

961.4

828.9

 

 

 

Interest Expense, Supplemental

218.6

238.5

Depreciation, Supplemental

647.7

628.2

Amort of Intangibles, Supplemental

79.3

53.7

 

 

 

Annual Balance Sheet

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate

0.623791

0.654343

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Inventories

1,098.6

937.1

    Other Financial Assets

4,501.0

4,241.2

    Trade and Other Receivables

401.3

430.0

    Derivative Financial Instruments

29.5

73.5

    Current Tax Receivable

2.6

0.0

    Cash and Cash Equivalents

753.8

620.2

Total Current Assets

6,786.7

6,302.0

 

 

 

    Intangible Assets

846.0

692.0

    Property, Plant and Equipment

7,474.0

7,216.4

    Investment Property

25.6

34.2

    Investment in Joint Ventures

20.8

17.6

    Other Financial Assets

52.6

46.0

    Retirement Benefit Asset

292.7

0.0

    Trade and Other Receivables

442.6

439.7

    Derivative Financial Instruments

34.9

203.1

    Deferred Tax Assets

0.0

1.1

Total Assets

15,976.0

14,952.1

 

 

 

    Trade and Other Payables

2,160.3

1,763.3

    Borrowings and Other Financial Liabilite

965.5

738.0

    Partnership Liability to the Marks& Spen

115.3

109.9

    Derivative Financial Instruments

81.3

41.4

    Provisions

36.4

39.1

    Current Tax Liabilites

184.4

197.4

Total Current Liabilities

3,543.2

2,889.2

 

 

 

    Borrowings and Other Financial Liabiltie

3,084.5

3,481.4

Total Long Term Debt

3,084.5

3,481.4

 

 

 

    Retirement Benefit Deficit

22.6

560.1

    Trade & Other Payables

420.5

428.4

    Derivative Financial Instruments

60.1

0.0

    Provisions

35.3

39.0

    Deferred Tax Liabilities

315.0

193.3

    Non Controlling Interest

6.3

26.4

Total Liabilities

7,487.4

7,617.7

 

 

 

    Called Up Share Capital

1,142.2

1,088.9

    Share Premium Account

619.0

590.1

    Capital Rdemption Reserve

12.8

12.2

    Hedging Reserve

-18.1

17.7

    Other Reserve

801.2

873.7

    Retained Earnings

5,931.5

4,751.8

Total Equity

8,488.6

7,334.4

 

 

 

Total Liabilities & Shareholders' Equity

15,976.0

14,952.1

 

 

 

    S/O-Ordinary Shares

2,850.0

2,850.0

Total Common Shares Outstanding

2,850.0

2,850.0

 

Annual Cash Flows

As Reported

 

Financials in: USD (mil) 

Except for share items (millions) and per share items (actual units)           

 

 

 

02-Apr-2011

03-Apr-2010

Period Length

52 Weeks

53 Weeks

UpdateType/Date

Updated Normal 
02-Apr-2011

Updated Normal 
02-Apr-2011

Filed Currency

GBP

GBP

Exchange Rate (Period Average)

0.643214

0.627675

Auditor

PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP

Auditor Opinion

Unqualified with Explanation

Unqualified with Explanation

 

 

 

    Cash Generated from Operations

2,153.6

2,150.3

    Tax Paid

-288.1

-192.3

Cash from Operating Activities

1,865.5

1,958.0

 

 

 

    Acqusition of Subsidiaries, Net of Cash

0.0

-8.6

    Capital Expenditure

-508.9

-560.8

    Proceeds from Sale of Property, Plant an

5.4

33.3

    Purchase of Intangible Assets

-196.7

-123.5

    Purchase of Current Financial Assets

-68.9

-188.5

    Interest Received

6.4

4.3

Cash from Investing Activities

-762.6

-843.7

 

 

 

    Interest Paid

-227.6

-260.3

    Cash Inflow from Borrowings

28.6

48.9

    Repayment of Syndicated Bank Facility

-338.1

-843.4

    Movement in Parent Company Loan

18.2

25.2

    Issue of Medium Term Notes

0.0

632.8

    Redemption of Medium Term Notes

0.0

-319.3

    Monetisation of Derivative Assets

51.0

0.0

    Decrease in Obligations Under Finance Le

-24.4

-27.1

    Payment of Liability to The Marks & Spen

-105.6

-108.3

    Equity Dividends Paid

-389.9

-381.4

    Net Purhcase of Shares in Parent Company

-18.7

-30.3

Cash from Financing Activities

-1,006.5

-1,263.2

 

 

 

Foreign Exchange Effects

-1.9

-3.3

Net Change in Cash

94.5

-152.3

 

 

 

Opening Net Cash

315.1

475.2

Closing Net Cash

409.7

322.9

    Cash Interest Paid

227.6

260.3

    Cash Taxes Paid

288.1

192.3

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.34

UK Pound

1

Rs.86.97

Euro

1

Rs.69.43

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.