Interim financial information

Consolidated interim income statement

	Notes	Unaudited Half-year to 30 June 2006 £m	Unaudited Half-year to 30 June 2005 £m	Audited Full year to 31 Dec 2005 £m
Revenue	2	595.6	663.3	1,337.5
Ongoing operations	2	568.7	542.3	1,110.0
Yes Car Credit	2	26.9	121.0	227.5
Finance income		12.3	13.9	27.7
Total income		607.9	677.2	1,365.2
Finance costs		(33.6)	(27.6)	(61.9)
Operating costs		(355.7)	(423.9)	(861.0)
Administrative expenses		(152.6)	(142.8)	(401.9)
Total costs		(541.9)	(594.3)	(1,324.8)
Profit before taxation	2	66.0	82.9	40.4
Established businesses	2	85.6	98.3	227.4
Start-up businesses and development costs	2	(19.1)	(9.2)	(21.4)
Ongoing operations		66.5	89.1	206.0
Yes Car Credit	2	(0.5)	(6.2)	(165.6)
Tax expense – UK		(15.1)	(19.7)	(28.1)
– Overseas		(4.4)	(4.6)	(12.3)
Total tax expense	3	(19.5)	(24.3)	(40.4)
Profit after taxation attributable to equity shareholders	10	46.5	58.6	–

	Notes	Unaudited Half-year to 30 June 2006 £m	Unaudited Half-year to 30 June £m	Audited Full year to 31 Dec 2005 £m
Profit after taxation attributable to equity shareholders		46.5	58.6	–
Exchange differences on foreign currency translations		(4.8)	(2.3)	2.7
Net fair value losses – cash flow hedges		(0.7)	(2.9)	(5.0)
Actuarial gains/(losses) on retirement benefit asset/obligations	9	7.7	(18.5)	(20.1)
Tax on items taken directly to equity		(2.0)	6.1	7.5
Net income/(expense) recognised directly in equity		0.2	(17.6)	(14.9)
Total recognised income/(expense) for the period		46.7	41.0	(14.9)