Annual Report & Accounts 2011

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Consolidated income statement

  
Year ended
30 September
2011
Restated
Year ended
30 September
2010
    £m £m
Revenue   14,687  13,514 
Cost of sales   (13,351) (12,343)
Gross profit   1,336  1,171 
Administrative expenses   (1,094) (1,124)
       
Share of profits / (losses) of joint ventures and associates   13  (3)
Operating profit   255  44 
Analysed as:      
       
Underlying operating profit   471  399 
Separately disclosed items   (74) (255)
Predecessor accounting for Magic Life   (17) (19)
Acquisition related expenses   (82) (63)
Impairment of goodwill   (39) (12)
Taxation on profits and interest of joint ventures and associates   (4) (6)
Total operating profit   255  44 
       
Financial income   83  69 
Financial expenses    (194) (186)
Net financial expenses   (111) (117)
Profit / (loss) before tax   144  (73)
       
Taxation charge   (57) (50)
Profit / (loss) for the year   87  (123)
Attributable to:      
       
Equity holders of the parent   85  (123)
Non-controlling interests   -  
Profit / (loss) for the year   87  (123)

 

  
Year ended
30 September
2011
Restated
Year ended
30 September
2010
    Pence Pence
Basic and diluted earnings / (loss) per share for profit / (loss) attributable
to the equity holders of the Company during the year
     
Basic earnings / (loss) per share   7.7 (11.1)
Diluted earnings / (loss) per share   7.6 (11.1)

This information should be read in conjunction with the notes to the financial statements contained on pages 72-136 of the Annual Report & Accounts.

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