Summary:
 financial and operational highlights
1 annual report  accounts 2007
turnover
£m
04 03 02
2869
1878
1788
2571
profit before tax intangibles 
and exceptionals
      
05 04 03 02
100
81
119
earnings per share before intangibles and
exceptionals
pence
03
earnings per share after intangibles and 
exceptionals 2006nil
pence
159
142
06
129
07 05 04 06 05 04 06 05 04 07 
136
61
07
118
136
£m
03
the five year summary is shown on page 82
2004 and 2005 results are reported under uk gaap  2006 and 2007 under international
financial reporting standards
“despite the challenges of the past year there are encouraging signs going
forward not only is abacus solidly profitable maintaining good gross margins 
for its industry and generating cash in a weak market place but statistics are
showing the share of distributors is growing in all our main territories”
financial highlights 
■ turnover increased by 116 to £2869 million 2006 £2571 million 
■ gross margin increased by 105 to £715 million 2006 £647 million before exceptionals
■ gross margin was 249 2006 252 before exceptionals
■ profit before tax amortisation and exceptionals increased by 84 to £129 million 2006 £119 million
profit after amortisation and exceptionals was £06 million 2006 loss £01 million
■ basic earnings per share of 118p preamortisation and exceptionals 2006 136p and after amortisation
and exceptionals 03p 2006 nil
■ final dividend of 36p giving unchanged 72p per share for full year
■ net borrowings reduced to £599 million 2006 £661 million
■ two uk properties sold post year end for £56 million net further reducing borrowings  
operational and market highlights 
■ integration completed of deltron electronics plc and axess technology – strengthened group 
■ sales growth across france nordic and austria despite difficult markets
■ market share gains in uk maintained
■ afdec in uk shows 30 of market now taken by distribution compared to 25 in 2004 and
europartners show 27 for europe compared to 24 in 2004
75875 pre  181207  2107  page 1