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Summary Group income statement

For the year ended 31 December 2008

 
      2008       2007
  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 9,486 9,486   7,488 7,488
Share of revenue of joint ventures and associates (1,225) (1,225)   (1,022) (1,022)
Group revenue 8,261 8,261   6,466 6,466
Cost of sales (7,628) (7,628)   (5,959) (33) (5,992)
Gross profit 633 633   507 (33) 474
Net operating expenses              
– amortisation of intangible assets (27) (27)   (9) (9)
– other (478) 51 (427)   (394) (6) (400)
Group operating profit 155 24 179   113 (48) 65
Share of results of joint ventures and associates 75 (3) 72   65 6 71
Profit from operations 230 21 251   178 (42) 136
Investment income 43 43   42 42
Finance costs (24) (24)   (19) (2) (21)
Profit before taxation 249 21 270   201 (44) 157
Taxation (66) (8) (74)   (53) 65 12
Profit for the year from continuing operations 183 13 196   148 21 169
Loss for the year from discontinued operations   2 (20) (18)
Profit for the year attributable to equity shareholders 183 13 196   150 1 151
*and amortisation of intangible assets.
# Re-presented (Note 1).              
          Notes 2008
pence
2007
pence
Basic earnings per ordinary share              
– continuing operations         4 42.9 39.3
– discontinued operations         4 (4.2)
            42.9 35.1
Diluted earnings per ordinary share              
– continuing operations           42.7 39.0
– discontinued operations           (4.2)
            42.7 34.8
Dividends per ordinary share proposed for the year           12.8 11.5