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Annual Review and Summary Financial Statement 2003
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Graph - Sainsbury’s Supermarkets like-for-like sales growth Graph - Sainsbury’s Supermarkets underlying operating profit Graph - Shaw’s Supermarkets underlying operating profit Graph - Group underlying profit before tax View financial highlights table
2003 2002 % change
Sales – continuing operations 1 £18,495m £18,198m 1.6
Underlying profit before tax 2 £695m £627m 10.8
Profit before tax £667m £571m 16.8
Underlying earnings per share 2 24.2p 21.5p 12.6
Basic earnings per share 23.7p 19.1p 24.1
Dividend per share 15.58p 14.84p 5.0
 
1  Including VAT at Sainsbury’s Supermarkets and sales tax at Shaw’s Supermarkets.
2 Before exceptional items and amortisation of goodwill.
3 Including petrol, Easter adjusted.

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Underlying profit before tax up 10.8%, Underlying earnings per share up 12.6% and Dividend per share up 5.0%
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