2003 Financial Overview

• Total loss before interest and tax £9.6m

• £16m cash from disposals

• Loss on the sale of the Components £7.5m

• Gain on sale of site £1.9m

• Zingo development expense £3.3m

• £2.4m pension contributions to closed scheme

• China settlement £1.1m profit

• £1.0m from surrender of lease