Consolidated income statement
for the year ended 31 December 2007
| Notes | 2007 £mn |
2006 £mn |
||
|---|---|---|---|---|
| Revenue | 3, 4 | 1,191.8 | 967.2 | |
| Cost of sales | (232.4) | (169.0) | ||
| Gross profit | 959.4 | 798.2 | ||
| Administrative expenses | 4 | (611.8) | (542.3) | |
| Operating profit | 347.6 | 255.9 | ||
| Interest receivable and similar income | 4 | 23.1 | 20.1 | |
| Interest payable and similar charges | 4 | (0.5) | (1.4) | |
| Net finance income | 22.6 | 18.7 | ||
| Share of profit of associates and joint ventures | 13 | 22.3 | 15.4 | |
| Profit before tax | 392.5 | 290.0 | ||
| UK tax | (34.7) | (23.5) | ||
| Foreign tax | (54.1) | (44.6) | ||
| Tax | 7 | (88.8) | (68.1) | |
| Profit after tax | 303.7 | 221.9 | ||
| Attributable to: | ||||
| Minority interests | 34 | 4.0 | 0.6 | |
| Equity holders of the parent | 299.7 | 221.3 | ||
| 303.7 | 221.9 | |||
| Memo – dividends | 8 | (74.9) | (63.4) | |
| Basic earnings per share | 9 | 104.8p | 76.9p | |
| Diluted earnings per share | 9 | 103.2p | 75.7p |