2012	2011
Revenue	£587.8m	£570.7m
Headline operating profit1	£97.9m	£85.5m
Operating profit	£93.4m	£80.4m
Headline profit before taxation1	£94.3m	£80.9m
Profit before taxation	£89.8m	£75.8m
Headline operating cash flow2	£110.8m	£96.0m
Operating cash flow3	£103.0m	£90.3m
Net debt / (cash)	£34.2m	£(0.1)m
Basic headline earnings per share4	37.4p	32.7p
Basic earnings per share	35.8p	30.0p
Dividend per share5	12.3p	10.9p
Return on capital employed6	19.5%	16.9%

1. Headline operating profit and headline profit before taxation exclude acquisition costs of £2.5m (2011: £nil), reorganisation costs of £2.4m (2011: £nil), profit on disposal of investment of £2.4m (2011: £nil), amortisation of acquired intangibles of £2.0m (2011: £0.9m) and impairment charges of £nil (2011: £4.2m).
2. Headline operating cash flow is defined as operating cash flow stated before cash flow relating to restructuring of £5.3m (2011: £5.7m) and cash flow relating to acquisition costs of £2.5m (2011: £nil).
3. Operating cash flow is defined as cash generated by operations of £150.7m (2011: £134.8m) less net capital expenditure of £47.7m (2011: £44.5m).
4. A detailed reconciliation is provided in note 9.
5. See note 8.
6. Return on capital employed is defined as headline operating profit of £97.9m (2011: £85.5m) divided by the monthly average capital employed of £501.1m (2011: £505.2m). Capital employed is defined as net assets adjusted for net debt / (cash).

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