Adjusted operating profit*

£3,600m   +15%   (2009/10: £3,121m)

Adjusted earnings per share*

51.7p   +4%   (2009/10: 49.5p) **

Capital expenditure***

£3,603m   +8%   (2009/10: £3,338m)

Ordinary dividends

36.37p   +8%   (2009/10: 33.68p)****

* for continuing operations and excludes impact of exceptional items, remeasurements and stranded cost recoveries

** restated to reflect the same bonus element of the rights issue and the additional shares issued as scrip dividends

*** includes joint ventures 

**** prior year dividend of 38.49p  rebased to reflect rights issue bonus element

National Grid uses adjusted profit measures as key financial indicators to assess our business performance. For more information please see the financial performance section of the annual report and accounts.