Consolidated income statement
for the year ended 31 December 2008
| |
|
|
|
|
|
2008 |
|
|
|
2007 |
| |
Notes |
Underlying
£m |
|
Amortisation
and callable
swaps
£m |
|
Total
£m |
|
Underlying
£m |
Amortisation
and callable
swaps
£m |
Total
£m |
| Continuing operations: |
|
|
|
|
|
|
|
|
|
|
| Revenue |
3 |
2,441.4 |
|
– |
|
2,441.4 |
|
2,073.3 |
– |
2,073.3 |
| Cost of sales |
|
1,757.8 |
|
– |
|
1,757.8 |
|
1,498.5 |
– |
1,498.5 |
| Gross profit |
|
683.6 |
|
– |
|
683.6 |
|
574.8 |
– |
574.8 |
| Administrative expenses |
|
362.7 |
|
18.6 |
|
381.3 |
|
303.5 |
9.7 |
313.2 |
| Operating profit |
6 |
320.9 |
|
(18.6) |
|
302.3 |
|
271.3 |
(9.7) |
261.6 |
| Net finance costs |
8 |
(43.5) |
|
(32.0) |
|
(75.5) |
|
(34.1) |
– |
(34.1) |
| Investment (loss)/income |
4 |
(0.2) |
|
– |
|
(0.2) |
|
1.2 |
– |
1.2 |
| Profit before tax |
|
277.2 |
|
(50.6) |
|
226.6 |
|
238.4 |
(9.7) |
228.7 |
| Income tax expense |
9 |
(74.9) |
|
14.1 |
|
(60.8) |
|
(66.0) |
3.5 |
(62.5) |
| Profit for the year |
|
202.3 |
|
(36.5) |
|
165.8 |
|
172.4 |
(6.2) |
166.2 |
| Attributable to: |
|
|
|
|
|
|
|
|
|
|
| Equity holders of the parent |
|
202.3 |
|
(36.5) |
|
165.8 |
|
172.4 |
(6.2) |
166.2 |
| Earnings per share |
10 |
|
|
|
|
|
|
|
|
|
| - basic |
|
33.26p |
|
(6.00)p |
|
27.26p |
|
28.10p |
(1.01)p |
27.09p |
| - diluted |
|
32.96p |
|
(5.95)p |
|
27.01p |
|
27.63p |
(0.99)p |
26.64p |