Abbey National plc

Abbey National House, 2 Triton Sq., Regent's Place
London
NW1 3AN, United Kingdom (Map)
Phone: +44-870 607 6000
http://www.abbeynational.com

Annual Income Statement

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All amounts in millions of
except per share amounts.
View: Annual Dec 05 Dec 04 Dec 03
Revenue 6,422.7 6,184.4 7,195.4
Cost of Goods Sold -- -- 3,726.2
Gross Profit -- -- 3,469.2
Gross Profit Margin -- -- 48.2%
SG&A Expense 5,585.8 2,285.8 3,072.2
Depreciation & Amortization -- 252.0 401.0
Operating Income 837.0 3,646.7 (4.0)
Operating Margin 13.0% 59.0% --
Nonoperating Income (406.0) (127.0) 667.0
Nonoperating Expenses -- 3,394.7 348.0
Income Before Taxes 431.0 125.0 315.0
Income Taxes 178.0 144.0 (75.0)
Net Income After Taxes 253.0 (19.0) 390.0

Continuing Operations 253.0 (68.0) 335.0
Discontinued Operations -- -- (406.0)
Total Operations 253.0 (68.0) (71.0)
Total Net Income 253.0 (68.0) (71.0)
Net Profit Margin 3.9% -- --

Diluted EPS from Total Net Income (£) -- 0.00 --
Dividends per Share -- -- --

Data Definitions

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