UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June, 2005
PEARSON plc
(Exact name of registrant as specified in its charter)
N/A
(Translation of registrant's name into English)
80 Strand
London, England WC2R 0RL
44-20-7010-2000
(Address of principal executive office)
Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934
Yes No X
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This Report includes the following documents:
1. A press release from Pearson plc announcing Half year IFRS comparatives
Thursday 30 June 2005
Pearson 2004 half year IFRS highlights
Pearson will announce its interim results for the six months to 30 June on 25
July 2005.
Ahead of that announcement we are today providing details of our 2004 half-year
comparative figures restated under International Financial Reporting Standards
(IFRS). Details of our transition to IFRS, including half-year and full-year
reconciliations and accounting policies, are available at www.pearson.com/ifrs.
Financial highlights
GBP millions 2004 half year 2004 full year
UK GAAP IFRS UK GAAP IFRS
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Sales 1,594 1,481 3,919 3,696
Business performance
Adjusted operating profit 39 24 455 421
Adjusted (loss) / profit before tax 2 (16) 386 345
Adjusted (loss) / earnings (14) (22) 239 217
Adjusted (loss) / earnings per share (1.8)p (2.8)p 30.0p 27.3p
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Statutory results
Operating profit (77) 9 231 404
(Loss) / profit before tax (112) (33) 171 325
Basic (loss) / earnings per share (15.5)p (2.5)p 11.1p 32.9p
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Pearson Education
GBP millions 2004 half year 2004 full year
UK GAAP IFRS UK GAAP IFRS
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Sales
School 466 444 1,118 1,087
Higher Education 187 186 731 729
Professional 220 220 507 507
Total 873 850 2,356 2,323
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Adjusted operating profit / (loss)
School 8 3 117 108
Higher Education (41) (42) 133 129
Professional 7 6 43 40
Total (26) (33) 293 277
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Penguin
GBP millions 2004 half year 2004 full year
UK GAAP IFRS UK GAAP IFRS
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Sales 341 341 786 786
Adjusted operating profit 10 9 54 52
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FT Group
GBP millions 2004 half year 2004 full year
UK GAAP IFRS UK GAAP IFRS
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Sales
Financial Times 104 104 208 208
Other FT publishing 56 56 110 110
IDC 130 130 269 269
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Total continuing 290 290 587 587
Discontinued (Recoletos) 90 190
Total 380 777
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Adjusted operating profit / (loss)
Financial Times (6) (7) (9) (12)
Other FT publishing 6 6 11 10
Associates & JVs 3 3 6 6
IDC 37 29 78 62
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Total continuing 40 31 86 66
Discontinued (Recoletos) 15 17 22 26
Total 55 48 108 92
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For more information:
Luke Swanson / Charlotte Elston: +44 (0) 20 7010 2310
www.pearson.com/ifrs
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
PEARSON plc
Date: 30 June, 2005
By: /s/ STEPHEN JONES
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Stephen Jones
Deputy Secretary