Income statement

Please note: Numbers that are underlined reference individual notes that accompany the information shown in the table below. These can be found in the Notes on Financial Statements PDF (120kb) (this document can also be accessed by clicking the underlined numbers themselves).

  Notes Underlying*
£m
Note i
£m
2006
TOTAL
£m
Underlying*
£m
Note i
£m
2005
TOTAL
£m
 
Continuing operations
Revenue
950.1 950.1 875.1 875.1
Cost of sales (771.8) (771.8) (717.9) (4.4) (722.3)
 
Gross profit 178.3 178.3 157.2 (4.4) 152.8
 
Distribution costs (18.8) (18.8) (18.9) (18.9)
Administrative expenses (60.3) (0.6) (60.9) (56.3) (3.5) (59.8)
Other operating income 3.5 3.5 1.3 0.6 1.9
Share of profit associates 0.4 0.4 0.3 0.3
Other operating expenses (0.3) (0.3) (0.6) (1.9) (2.5)
Restructuring costs (7.4) (7.4) (13.3) (13.3)
Loss on disposal of businesses (1.3) (1.3)
 
Operating profit from continuing operations 102.8 (8.0) 94.8 83.0 (23.8) 59.2
Investment income 43.5 43.5 35.4 35.4
Finance costs (68.1) (68.1) (56.3) (56.3)
 
Profit before tax 78.2 (8.0) 70.2 62.1 (23.8) 38.3
Tax 4 (23.4) 2.7 (20.7) (15.8) 8.7 (7.1)
 
Profit for the period from continuing operations 54.8 (5.3) 49.5 46.3 (15.1) 31.2
Profit after tax from discontinued operations 16.7 (92.9) (76.2) 40.4 (17.8) 22.6
Profit/(loss) on disposal after tax 16.5 16.5 (21.5) (21.5)
 
Profit/(loss) for the period 71.5 (81.7) (10.2) 86.7 (11.4) 75.3
 
Attributable to:
Equity holders of the parent
71.4 (81.7) (10.3) 86.5 (11.4) 75.1
Minority interest 0.1 0.1 0.2 0.2
 
  71.5 (81.7) (10.2) 86.7 (11.4) 75.3
 
EARNINGS PER SHARE
From continuing and discontinued operations:
Adjusted†   Unadjusted Adjusted†   Unadjusted
Basic 14.9   (2.2)p 18.4p   15.9p
Diluted 14.9   (2.1)p 18.2   15.8p
 
From continuing operations:
Basic 11.4p   10.3p 9.8p   6.6p
Diluted 11.4p   10.3p 9.7p   6.5p
 

* Before items described in Note i below

Note i: Restructuring costs, amortisation of acquired intangibles and non-recurring items as set out in note 2 to the Consolidated Financial Statements

† Before restructuring costs, amortisation of acquired intangibles and non-recurring items as set out in note 7 to the consolidated financial statements.