Year ended 31 July 2016
(1) Before exceptional items, the amortisation and impairment of acquired intangibles and with respect to headline earnings per share before non-recurring tax items.
(2) The increase or decrease in revenue excluding the effect of currency exchange, acquisitions and disposals, trading days and branch openings and closures.
|£m||2016||2015||Change||Change (at constant exchange rates)||Like-for-
like Change (2)
|Trading profit (1)||917||857||+7.0%||+1.6%|
|Profit before tax||727||508|
|Impairment and exceptional items||96||264|
|Headline earnings per share (1)||247.7p||230.2p||+7.6%|
|Ordinary dividend per share||100p||90.75p||+10.2%|