ashtead group plc
annual report and accounts 
for the year ended 30 april 2005
ashtead group plc annual report and accounts for the year ended 30 april 2005
wwwashteadgroupcom
ashtead group plc
king’s court
4151 kingston road
leatherhead
surrey kt22 7ap
tel 44 0 1372 362300 a market leader
in equipment
rental serving 
the us and uk
construction
industrial and
homeowner
markets
01 financial highlights
02 at a glance
04 chairman’s report
05 annual awards
06 chief executive’s review
10 sunbelt
12 aplant
14 ashtead technology
16 directors
18 senior management and advisers
19 directors’ report
21 corporate governance report
26 directors’ remuneration report
34 operating and financial review
49 independent auditors’ report
50 consolidated profit and loss account
51 consolidated statement of total recognised gains and losses
51 summary of movements in shareholders’ funds
52 consolidated balance sheet
53 consolidated cash flow statement
54 company balance sheet
55 notes to the consolidated financial statements
76 ten year history
77 our locations
80 key financial dates
ashtead group plc annual report and accounts for the year ended 30 april 2005 ashtead group plc annual report and accounts for the year ended 30 april 2005 
“the board 
anticipates 
reporting further 
progress in the
coming year” turnover
✝
£million
pretax proﬁt
✝
£million
cash tax earnings
per share
✝

Summary:
 turnover
✝
£million
pretax proﬁt
✝
£million
cash tax earnings
per share
✝