Note 1 Segmental analysis of sales, turnover, profit and net assets

The group's operations of food retailing and associated activities and property development are carried out in the United Kingdom, France, Czech Republic, Slovakia, Hungary and Poland. Continental European operations' results are for the year ended 31 December 1996.
				1997					1996
_____________________________					______________________________
	Sales including VAT £m	Turnover excluding VAT £m	Profit £m	Assets £m		Sales including VAT £m	Turnover excluding VAT £m	Profit £m	Assets £m
Continuing operations	_____________________________					______________________________
Food retailing - United Kingdom	14,024	13,034	760	4,364		12,430	11,558	713	4,164
Property development	92	84	-	60		2	2	-	99
_____________________________					______________________________
Total United Kingdom	14,116	13,118	760	4,424		12,432	11,560	713	4,263
Food retailing - Rest of Europe	868	769	14	215		596	534	11	138
_____________________________					______________________________
	14,984	13,887				13,028	12,094
______________						______________
Operating profit			774					724
Net loss on disposal of fixed assets			-					(6)
Net interest payable			(24)					(43)
______								______
Profit on ordinary activities before taxation			750					675
_____								_____
Operating margin			5.6%					6.0%
Capital employed				4,639					4,401
Net debt (note 18)				(749)					(813)
_______						_______
Net assets				3,890					3,588
______						______
The analysis of capital employed by geographical area is calculated on net assets excluding net debt. Inter-segmental turnover between the geographical areas of business is not material. Turnover is disclosed by origin. There is no material difference in turnover by destination.