Group			Company
____________________			____________________
52 weeks ended 22 February 1997	1997 £m	1996 £m		1997 £m	1996 £m
_________________________________________________________________________________________
Profit for the financial year	520	466		332	307
Dividends	225	206		225	206
____________________			____________________
	295	260		107	101
Loss on foreign currency translation	(12)	(1)		-	-
New share capital subscribed less expenses	31	22		31	22
Conversion of capital bonds	-	200		-	200
Payment of dividends by shares in lieu of cash	18	14		18	14
Goodwill arising on aquisitions	(30)	(11)		-	-
____________________			____________________
Net addition to shareholders' funds	302	484		156	337
Shareholders' funds at 24 February 1996	3,588	3,104		2,199	1,862
____________________			____________________
Shareholders' funds at 22 February 1997	3,890	3,588		2,355	2,199
____________________			____________________
Accounting policies and notes forming part of these financial statements can be viewed