Revenue increase mainly reflects the uplift in tariffs to support ongoing high capital investment

Continued high levels of customer satisfaction

Decreased interest charges reflecting lower RPI on index linked bonds (£29.0 million), offset by increased pension financing costs (£10.3 million) and higher net interest payable (£3.1 million)

Entire electricity requirement procured through to March 2015

Funds in place to meet all the requirements of the business to the end of 2011 (cash and short term deposits at 31 March 2010 £189.1 million)

Capital investment in the period of £207.6 million (2009: £228.9 million) on regulatory outputs, including an extended sewer flooding programme

Started work to increase capacity at Abberton Reservoir in Essex

Proposed final dividend of 8.85 pence (2009: 8.50 pence) per share to be paid on 10 September 2010, giving a full year ordinary dividend of 13.24 pence (2009: 12.79 pence) per share, an increase of 3.5%

The conclusion and acceptance of the price review to March 2015; current progressive dividend policy with annual real growth of 3% continues over next regulatory period