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All sales figures in £ millions 2007 2008 2009  2010 2011
Sales  
North American Education 1,667 2,002 2,470 2,640 2,584
International Education 735 866 1,035 1,234 1,424
Professional 226 244 275 333 382
Education 2,628 3,112 3,780 4,207 4,390
FT Group 344 390 358 403 427
Penguin 846 903 1,002 1,053 1,045
Continuing 3,818 4,405 5,140 5,663 5,862
Discontinued 511 414 484 296 -
Total sales 4,329 4,819 5,624 5,959 5,862
           
Adjusted operating profit          
North American Education 273 302 403 469 493
International Education 92 135 141 171 196
Professional 27 36 43 51 66
Education 392 474 587 691 755
FT Group 56 74 39 60 76
Penguin 74 93 84 106 111
Continuing 522 641 710 857 942
Discontinued 112 121 148 81 -
Total adjusted operating profit 634 762 858 938 942
           
Operating margin - continuing 13.7% 14.6% 13.8% 15.1% 16.1%
           
Adjusted earnings          
Total adjusted operating profit 634 762 858 938 942
Net finance costs (85) (88) (97) (85) (52)
Income tax (145) (178) (194) (215) (199)
Non-controlling interest (32) (36) (44) (17) 1
Adjusted earnings 372 460 523 621 692
Weighted average number of shares (millions) 796.8 797.0 799.3 801.2 800.2
Adjusted earnings per share 46.7p 57.7p 65.4p 77.5p 86.5p
Cash flow          
Operating cash flow 684 796 913 1,057 983
Operating cash conversion 108% 104% 106% 113% 104%
Operating free cash flow 533 631 723 904 772
Operating free cash flow per share 66.9p 79.2p 90.5p 112.8p 96.5p
Total free cash flow 407 631 723 904 772
Total free cash flow per share 51.1p 79.2p 90.5p 112.8p 96.5p
           
Net assets 3,874 5,024 4,636 5,605 5,962
           
Net debt 973 1,460 1,092 430 499
           
Return on invested capital (gross basis)          
Total adjusted operating profit 634 762 858 938 942
Cash tax paid (61) (89) (103) (85) (151)
Return 573 673 755 853 791
Average invested capital 6,423 7,337 8,504 8,315 8,731
Return on invested capital 8.9% 9.2% 8.9% 10.3% 9.1%
           
Dividend per share 31.6p 33.8p 35.5p 38.7p 42.0p