Annual Report and Accounts 2011

Our 2011 performance

Taylor Wimpey plc is a UK-focused residential developer which also has operations in Spain. Our vision is to become the UK's leading residential developer for creating value and delivering quality.

Continuing operations


Graph displaying the Revenue for 2010 - 2011 in million pounds

profit*(a) (£m)

Graph displaying the Operating profit for 2010 - 2011 in million pounds

before tax and exceptional
items(a) (£m)

Graph displaying the Profit/loss before tax and exceptional items for 2010 - 2011 in million pounds

Exceptional items before tax (£m)

Graph displaying the Exceptional items for 2010 - 2011 in million pounds

Adjusted earnings/
(loss) per share (p)

Graph displaying Adjusting earnings/ loss per share for 2010 - 2011 in pence

Total Group

Profit/(loss) for the

Graph displaying Profit/loss for the year - total Group for 2009 - 2011 in million pounds

Basic earnings
per share (p)

Graph displaying the Basic earnings per share for 2009 - 2011 in pence

Tangible net assets
per share***(p)

Graph displaying the Tangible net assets per share for 2009 - 2011 in pence

Return on net
operating assets** (%)

Graph displaying the Returning on net operating assets for 2009 - 2011 in million percentages

Year end net debt (£m)

Graph displaying the Year end net debt Revenue for 2009 - 2011 in million pounds
  • * Profit on ordinary activities from continuing operations before finance costs and exceptional items, after share of results of joint ventures.
  • ** Operating profit divided by the average of the opening and closing net operating assets, which is defined as capital employed plus intangibles less tax balances.
  • *** Tangible net assets per share is defined as net assets, excluding goodwill and intangible assets, divided by the number of shares in issue at the period end.
  • (a) 2010 comparative excludes a one-off pension curtailment credit of £12.0 million in the UK.

Operational highlights

  • 11,756 new plots approved for purchase (2010: 8,713 plots)
  • Customer satisfaction increased to 92.1% (2010: 87.1%)
  • Ongoing success in acquiring and obtaining planning for strategic land
  • 32% reduction in reportable injury frequency rate
  • Strong growth in both private and affordable order book to £983m at 26 February 2012
  • 18% reduction in waste generated per 1,000ft2 built

© Taylor Wimpey plc 2012