Performance ![](../media/5612/Return-on-capital.png)
Return on capital employed increased by 2.2 percentage points during the year, from 17.1% to 19.3%.
Headline operating profit increased by 24.4% from £99.6m to £123.9m, while average capital employed increased by 10.3% to £642.5m.
Definition
Headline operating profit as a percentage of the average of opening and closing capital employed as adjusted for certain items of goodwill written off.
Capital employed is defined as net assets adjusted for net cash/(debt).