Consolidated income statement
for the year ended 31 December 2007
| | 2007 | | 2006 |
| | Notes | | Before amortisation £m | | Amortisation £m | | Total £m | | Before amortisation £m | Amortisation £m | Total £m |
| Continuing operations: |
|
|
|
|
|
|
|
|
|
|
|
| Revenue |
3 |
|
2,073.3 |
|
– |
|
2,073.3 |
|
1,738.5 |
– |
1,738.5 |
| Cost of sales |
|
|
1,498.5 |
|
– |
|
1,498.5 |
|
1,256.5 |
– |
1,256.5 |
| Gross profit |
|
|
574.8 |
|
– |
|
574.8 |
|
482.0 |
– |
482.0 |
| Administrative expenses |
|
|
303.5 |
|
9.7 |
|
313.2 |
|
256.9 |
6.9 |
263.8 |
| Operating profit |
6 |
|
271.3 |
|
(9.7) |
|
261.6 |
|
225.1 |
(6.9) |
218.2 |
| Finance revenue |
8 |
|
1.6 |
|
– |
|
1.6 |
|
1.0 |
– |
1.0 |
| Finance costs |
9 |
|
(35.7) |
|
– |
|
(35.7) |
|
(26.0) |
– |
(26.0) |
| Investment income |
4 |
|
1.2 |
|
– |
|
1.2 |
|
– |
– |
– |
| Profit before tax |
|
|
238.4 |
|
(9.7) |
|
228.7 |
|
200.1 |
(6.9) |
193.2 |
| Income tax expense |
10 |
|
(66.0) |
|
3.5 |
|
(62.5) |
|
(55.4) |
1.9 |
(53.5) |
| Profit for the year |
|
|
172.4 |
|
(6.2) |
|
166.2 |
|
144.7 |
(5.0) |
139.7 |
| Attributable to: |
|
|
|
|
|
|
|
|
|
|
|
| Equity holders of the parent |
|
|
172.4 |
|
(6.2) |
|
166.2 |
|
144.8 |
(5.0) |
139.8 |
| Minority interest |
|
|
– |
|
– |
|
– |
|
(0.1) |
– |
(0.1) |
| |
|
|
172.4 |
|
(6.2) |
|
166.2 |
|
144.7 |
(5.0) |
139.7 |
| Earnings per share |
11 |
|
|
|
|
|
|
|
|
|
|
| – basic |
|
|
28.10p |
|
(1.01)p |
|
27.09p |
|
23.10p |
(0.78)p |
22.32p |
| – diluted |
|
|
27.63p |
|
(0.99)p |
|
26.64p |
|
22.56p |
(0.76)p |
21.80p |
|---|