Annual review and summary financial statement 2007
Summary Group income statement For the year ended 31 December 2007
        2007     2006
  Notes Before 
exceptional 
items* 
£m 		  Exceptional 
items* 
(Note 3) 
£m 		 Total 
£m 		 Before 
 exceptional 
items* 
£m 		  Exceptional 
items* 
(Note 3) 
£m 		 Total
£m
Continuing operations              
Revenue including share of joint ventures and associates   7,488 – 7,488 5,506 – 5,506
Share of revenue of joint ventures and associates   (1,022) – (1,022) (1,019) – (1,019)
Group revenue   6,466 – 6,466 4,487 – 4,487
Cost of sales   (5,959) (33) (5,992) (4,121) – (4,121)
Gross profit   507 (33) 474 366 – 366
Net operating expenses              
– amortisation of intangible assets   – (9) (9) – (1) (1)
– other   (381) (6) (387) (286) (19) (305)
Group operating profit   126 (48) 78 80 (20) 60
Share of results of joint ventures and associates   65 6 71 48 – 48
Profit from operations   191 (42) 149 128 (20) 108
Investment income   29 – 29 26 – 26
Finance costs   (19) (2) (21) (18) (7) (25)
Profit before taxation   201 (44) 157 136 (27) 109
Taxation   (53) 65 12 (35) 1 (34)
Profit for the year from continuing operations   148 21 169 101 (26) 75
(Loss)/profit for the year from discontinued operations 4 2 (20) (18) 16 – 16
Profit for the year attributable to equity shareholders   150 1 151 117 (26) 91
*and amortisation of intangible assets.      
               
               
          Notes 2007
pence		 2006
pence
Basic earnings per ordinary share      
– continuing operations 5 39.3 17.6
– discontinued operations 5 (4.2) 3.6
    35.1 21.2
Diluted earnings per ordinary share      
– continuing operations   39.0 17.4
– discontinued operations   (4.2) 3.6
    34.8 21.0
Dividends per ordinary share proposed for the year   11.5 9.1