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Turnover ps (per share)

This shows total turnover or operating revenues for each period reported, divided by the weighted average number of ordinary shares in issue during that period.

Total turnover, or operating revenue, used in the calculation excludes VAT, and is annualised when necessary.

The calculation is as follows:

TOTAL TURNOVER (£)

------------------------------------------ X 100p = TURNOVER PER SHARE (p)

WEIGHTED AVERAGE SHARES IN ISSUE

Turnover per share can be subject to adjustment for a variety of reasons falling into the following two categories:

helpfile00000241.gif share capital changes which give rise to share price adjustment factors

accounting periods which are greater or less than 12 months in duration requiring annualisation.


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