Introduction
14 September 2000
To provide shareholders with relevant and meaningful information, pro forma results for the 26 weeks to 27 June 1999, the previous interim period, and 53 weeks to 2 January 2000, the last financial year, have been prepared on the basis of assuming that the merger of Trinity plc and Mirror Group PLC became effective on 28 December 1998, being the first day of the relevant financial period. This approach facilitates meaningful comparisons between those periods and this current period, the 26 weeks to 2 July 2000. The commentary on pages 1 to 7 is based on the pro forma financial information for 1999.
As required by The Listing Rules of the UK Listing Authority, results presented for the Group in a statutory format have been included for all periods concerned.
To further aid interpretation of the Group's performance, its various operations have been individually classified as either an "established activity" or "developing activity". A developing activity is a new business area in its investment and implementation phase and requiring further development before becoming a viable and sustainable business. All other operations of the Group are disclosed as "established activities".