Serco has defended its policies of disclosure on the performance of the special companies set up to invest in PFI and PPP projects.
The company reported full-year pretax profits up from £40m to £48.9m on turnover up from £1.14bn to £1.33bn.
References: Financial Times 20/02/03 page 20, The Times 20/02/03 page 29, The Daily Telegraph 20/02/03 page 31, page 32 (Questor), The Independent 20/02/03 page 23 (Investment)