2. Comparative figures

In accordance with FRS 21, final dividends are only accounted for once legally approved at the Annual General Meeting. Accordingly, the dividend declared for the year ended 31 July 2005 that was approved at the Annual General Meeting in December 2005 has been charged in the year ended 31 July 2006, and amounts included for the year ended 31 July 2005 of £3.4m have been reversed. Additionally, creditors as at 31 July 2005 have reduced by £3.4m.

In accordance with FRS 22, adjusted earnings per ordinary share are no longer disclosed on the face of the profit and loss account.

There is no impact to the Group accounts in respect of the adoption of the presentational requirement of FRS 25.