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  Pearson Annual Report 1998    

Financial Data

   
 

Reconciliation of Movements in Equity Shareholders’ Funds

For the year ended 31 December 1998

 

  1998 1997



ALL FIGURES IN MILLIONS    
Profit for the financial year 437 38
Dividends on equity shares (126) (112)



  311 (74)
     
Other net recognised losses relating to the year (see above) (8) (20)
Goodwill arising on prior year acquisitions (16) (402)
Goodwill written back 262 233
Shares issued 347 27



Net movement for the year 896 (236)
Equity shareholders’ funds at beginning of the year 152 388



Equity shareholders’ funds at end of the year 1,048 152



1998 Annual Report
* Introduction
* Chairman's statement
* Chief Executive's review
* Financial Review
* Financial Policy
* Report of the directors
* Personnel committee report
* Auditors' report
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
   
* Notes to the accounts

 

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