
Financial summary
Underlying Group sales (inc VAT) down 0.9 per cent to £26,122 million (2013/14: £26,353 million)
Retail sales (inc VAT, ex fuel) down 0.2 per cent
Like-for-like sales (inc VAT, ex fuel) down 1.9 per cent
Underlying profit before tax down 14.7 per cent to £681 million (2013/14: £798 million)
Underlying basic earnings per share down 19.5 per cent to 26.4 pence (2013/14: 32.8 pence)
Return on capital employed of 9.7 per cent (2013/14: 11.3 per cent)
Return on capital employed excluding pension fund deficit of 9.0 per cent (2013/14: 10.4 per cent)
Statutory
Group sales (ex VAT, inc fuel) down 0.7 per cent to £23,775 million (2013/14: £23,949 million)
Items excluded from underlying results total a charge of £753 million (2013/14: £100 million credit), including an impairment and onerous contract charge of £628 million (2013/14: £92 million charge)
Loss before tax of £72 million (2013/14: £898 million profit)
Basic loss per share 8.7 pence (2013/14: 37.7 pence earnings per share)
Proposed full-year dividend 13.2 pence per share, down 23.7 per cent, cover 2.0 times (2013/14: 17.3 pence per share, cover 1.9 times)