travis perkins lodge way house harlestone road northampton nn5 7ug
tra vis perkins plc
annual repor t  accounts
2002
travis perkins plc annual report and accounts 2002
financial highlights 1
chairman’s statement 3
chief executive’s review 6
finance director’s report 11
corporate social responsibility statement 16
environmental report 18
health  safety report 22
directors and professional advisers 24
corporate governance 28
remuneration report 31
directors’ report 38
statement of directors’ responsibilities 40
auditors’ report 40
consolidated profit and loss account 42
balance sheets 43
statement of total 
recognised gains and losses 44
analysis of actuarial gains and losses 44
reconciliation of movements 
in equity shareholders’ funds 44
consolidated cash flow statement 45
accounting policies 46
notes to the accounts 49
five year record of group results 66
notice of annual general meeting 68
notes to notice of annual general meeting 70
other shareholder information 71
contents
registered office lodge way house harlestone road northampton nn5 7ug
tra vis perkins plc travis perkins lodge way house harlestone road northampton nn5 7ug
tra vis perkins plc
annual repor t  accounts
2002
travis perkins plc annual report and accounts 2002
financial highlights 1
chairman’s statement 3
chief executive’s review 6
finance director’s report 11
corporate social responsibility statement 16
environmental report 18
health  safety report 22
directors and professional advisers 24
corporate governance 28
remuneration report 31
directors’ report 38
statement of directors’ responsibilities 40
auditors’ report 40
consolidated profit and loss account 42
balance sheets 43
statement of total 
recognised gains and losses 44
analysis of actuarial gains and losses 44
reconciliation of movements 
in equity shareholders’ funds 44
consolidated cash flow statement 45
accounting policies 46
notes to the accounts 49
five year record of group results 66
notice of annual general meeting 68
notes to notice of annual general meeting 70
other shareholder information 71
contents
registered office lodge way house harlestone road northampton nn5 7ug
tra vis perkins plc financial highlights 1
chairman’s statement 3
chief executive’s review 6
finance director’s report 11
corporate social responsibility statement 16
environmental report 18
health  safety report 22
directors and professional advisers 24
corporate governance 28
remuneration report 31
directors’ report 38
statement of directors’ responsibilities 40
auditors’ report 40
consolidated profit and loss account 42
balance sheets 43
statement of total 
recognised gains and losses 44
analysis of actuarial gains and losses 44
reconciliation of movements 
in equity shareholders’ funds 44
consolidated cash flow statement 45
accounting policies 46
notes to the accounts 49
five year record of group results 66
notice of annual general meeting 68
notes to notice of annual general meeting 70
other shareholder information 71
contents
registered office lodge way house harlestone road northampton nn5 7ug
tra v is perkins plc
travis perkins
group branches
at 31 december
2002
travis perkins 

Summary:
 tra v is perkins plc
1
financial highlights 
for the year ended 31 december 2002
£m 2002 2001
restated
turnover 14175 12793
operating profit before 
amortisation of goodwill 1582 1291
profit on ordinary activities before taxation 1376 1105
profit on ordinary activities after taxation 918 750
total equity shareholders’ funds 3954 3868
earnings per ordinary share
basic 819p 673p
adjusted before amortisation 
of goodwill and profit
on sale of properties 916p 755p
dividend per ordinary share 195p 172p
turnover up 108
profit before taxation up 245
adjusted earnings per share up 213
dividend per share up 134
adjusted
earnings 
per share  
pence
100
80
60
40
20
0
98 99 00 01 02
profit before
taxation  
£m
140
120
100
80
60
40
20
0
98 99 00 01 02
turnover
£m
98 99 00 01 02
tra v is perkins plc
1600
1400
1200
1000
800
600
400
200
0 tp timber lorry from nearby branch
passes caernarfon castle