Consolidated income statement
| For the year ended 31 March |
Notes |
|
2008
£m |
|
2007
£m |
| Continuing operations |
|
|
|
|
|
| Turnover |
|
|
80.9 |
|
75.2 |
| Cost of sales |
|
|
(52.8) |
|
(49.3) |
| Gross profit |
|
|
28.1 |
|
25.9 |
| Other operating income |
4 |
|
5.7 |
|
6.8 |
| Selling and marketing costs |
|
|
4.9) |
|
(4.4) |
| Administrative expenses |
|
|
(19.0) |
|
(18.9) |
| Analysed
as: |
|
|
|
|
|
| Administrative
expenses before significant one-off items |
(17.9) |
|
(19.7) |
| Significant
one-off items: |
|
|
|
|
|
| Curtailment
loss in pension scheme |
27 |
|
– |
|
(0.8) |
| Exceptional
past service credit in pension scheme |
27 |
|
– |
|
2.0 |
| Re-financing
costs |
|
|
– |
|
(0.4) |
| Acquisition and Rights Issue costs |
37 |
|
(1.1) |
|
– |
| Operating profit |
5 |
|
9.9 |
|
9.4 |
| Finance costs |
6 |
|
(20.7) |
|
(16.7) |
| Finance income |
7 |
|
18.8 |
|
15.3 |
| Profit before taxation |
|
|
8.0 |
|
8.0 |
| Income tax credit |
8 |
|
0.5 |
|
– |
| Profit for the year from continuing
operations |
|
|
8.5 |
|
8.0 |
| Discontinued operations |
|
|
|
|
|
| Loss for the period from discontinued operations |
9 |
|
– |
|
(0.7) |
| Profit on disposal of businesses |
9 |
|
– |
|
17.4 |
| Discontinued operations |
|
|
– |
|
16.7 |
| Profit for the year |
|
|
8.5 |
|
24.7 |
| Attributable entirely to: |
|
|
|
|
|
| Equity holders of the Company |
|
|
8.5 |
|
24.7 |
| Earnings per share on continuing operations
attributable to the equity holders of the Company during the year |
|
|
|
|
|
| Basic (pence) |
10 |
|
7.0p |
|
6.8p |
| Diluted (pence) |
10 |
|
6.8p |
|
6.7p |
| Earnings per share on continuing and discontinued
operations attributable to the equity holders of the Company during
the year |
|
|
|
|
|
| Basic (pence) |
10 |
|
7.0p |
|
20.9p |
| Diluted (pence) |
10 |
|
6.8p |
|
20.6p |
The Notes to the financial statements are an integral part of these financial statements.