• Chief Executive's Statement Summary Group Income Statement • Summary of Interim Financial Results for 2006 • Divisional Commentary
 
  • Other Financial Information  
 
  Summary Group Income Statement

The income statement set out below re-presents the group’s full income statement (which accompanies this summary) in order to show more clearly the results from operations.
 
 
  Six months
ended
30 June
2006
£m
Six months
ended
30 June
2005
£m
%

Revenue 394.3 315.2 25.1
Operating profit* – continuing businesses 82.3 65.8 25.1
Operating profit* – investments sold in 2005 3.9
Operating profit* – discontinued 0.8 6.4

  83.1 76.1 9.2
       
Net interest income 5.4 6.5 (16.9)
Other financing costs – pension schemes (1.3)

Profit before tax** 88.5 81.3 8.9
       
Net financing (cost)/income – other than interest (20.5) 23.5
Amortisation of intangible assets (7.2) (4.6)
Non-recurring items 13.3 262.2

Profit before tax*** 74.1 362.4
Taxation (15.4) (13.6) (13.2)
Share of taxation of JV’s and associates (0.3) 4.9
Taxation relating to non-recurring items (1.2)

Profit after tax – Continuing activities 48.8 105.0
Profit after tax from discontinued activities 9.6 247.5

Profit after tax 58.4 352.5
Minority interest (2.3) (0.9)

Retained profit for the period 56.1 351.6

       
Dividends paid in period – Ordinary**** (£m) 32.2 28.3
Dividends paid in period – Special (£m) 298.3
       
EPS** (pence) 24.5 21.2 15.6
Diluted EPS** (pence) 23.2 18.7 24.1
EPS (fully diluted) (pence) 26.1 88.5

 
     
 
* Before amortisation of intangible assets, non-recurring items and share of taxation on profit from joint ventures and associates
   
** Before amortisation of intangible assets, non-recurring items, share of taxation on profit from joint ventures and associates, net financing cost - other than interest, and including profits from discontinued operations.  EPS also excludes deferred tax on the amortisation of intangible assets
   
*** Before share of taxation of joint ventures and associates and including discontinued operations before related taxation
   
**** Including B Share dividend
 
     
   
     
  • Chief Executive's Statement Summary Group Income Statement • Summary of Interim Financial Results for 2006 • Divisional Commentary
 
  • Other Financial Information