RBS 2003 Annual Report Download - page 153

151
Annual Report and Accounts 2003
Notes on the accounts
6 Preference and Additional Value Shares dividends
2003 2002 2001
£m £m £m
Non-cumulative preference shares of US$0.01 99 141 140
Non-cumulative convertible preference shares of US$0.01 100 108 115
Non-cumulative convertible preference shares of 0.01 37 32 32
Non-cumulative convertible preference shares of £0.25 — 149
Non-cumulative convertible preference shares of £0.01 15 15 15
11% cumulative preference shares of £1 (1) ———
5.5% cumulative preference shares of £1 (2) ———
Appropriation for premium payable on redemption and issue costs 10 87
Total preference dividends 261 305 358
Additional Value Shares 1,463 798 399
Total non-equity dividends 1,724 1,103 757
Notes:
(1) Dividends for the year ended 31 December 2003 amounted to £55,000 (2002 and 2001 – £55,000).
(2) Dividends for the year ended 31 December 2003 amounted to £22,000 (2002 and 2001 – £22,000).
7 Ordinary dividends
2003 2002 2001 2003 2002 2001
p per share p per share p per share £m £m £m
Interim 14.6 12.7 11.0 431 368 313
Proposed final 35.7 31.0 27.0 1,059 899 772
Total dividends on equity shares 50.3 43.7 38.0 1,490 1,267 1,085
8 Profit dealt with in the accounts of the company
Of the profit attributable to shareholders, £2,619 million (2002 – £1,955 million; 2001 – £1,033 million) has been dealt with in the
accounts of the company.
9 Earnings per ordinary share
The earnings per share are based on the following:
2003 2002 2001
£m £m £m
Earnings:
Profit attributable to ordinary shareholders 2,315 1,971 1,868
Number of shares – millions
Number of ordinary shares:
Weighted average number of ordinary shares in issue during the year 2,931 2,881 2,762
Effect of dilutive share options and convertible non-equity shares 22 43 55
Diluted weighted average number of ordinary shares during the year 2,953 2,924 2,817