Financial Statements
Five-year Summary
Consolidated Income Statements for years ended 31 March
| 2010 | 2009 | 2008 | 2007 | 2006 | |
| £m | £m | £m | £m | £m | |
| Revenue (Group and share of Joint Ventures) | 1,418.0 | 1,532.4 | 1,399.5 | 1,240.3 | 1,411.0 |
| Revenue | 1,387.9 | 1,487.2 | 1,313.6 | 1,179.8 | 1,052.5 |
| Cost of sales | (854.6) | (941.9) | (834.1) | (781.1) | (637.3) |
| Gross profit | 533.3 | 545.3 | 479.5 | 398.7 | 415.2 |
| Administrative expenses | (420.3) | (442.2) | (392.8) | (335.0) | (352.3) |
| Operating profit | 113.0 | 103.1 | 86.7 | 63.7 | 62.9 |
| Profit on disposal of Joint Ventures | 0.1 | 2.5 | – | – | 6.4 |
| Share of post-tax (loss)/profit from Joint Ventures | (1.9) | 0.2 | 0.9 | 2.8 | 8.8 |
| Profit before interest and tax | 111.2 | 105.8 | 87.6 | 66.5 | 78.1 |
| Finance income | 3.8 | 6.7 | 9.8 | 9.0 | 7.9 |
| Finance cost | (18.4) | (9.8) | (5.5) | (5.4) | (11.2) |
| Net finance (cost)/income | (14.6) | (3.1) | 4.3 | 3.6 | (3.3) |
| Profit before taxation | 96.6 | 102.7 | 91.9 | 70.1 | 74.8 |
| Income tax expense | (19.3) | (18.5) | (23.3) | (15.2) | (17.9) |
| Profit for the year from continuing operations | 77.3 | 84.2 | 68.6 | 54.9 | 56.9 |
| Profit/(loss) for the year from discontinued operations | 25.0 | – | 31.4 | (112.2) | – |
| Profit/(loss) for the year attributable to owners of the parent | 102.3 | 84.2 | 100.0 | (57.3) | 56.9 |
| Basic earnings/(loss) per share | |||||
| – continuing operations | 79.5p | 86.1p | 67.9p | 54.4p | 57.0p |
| – discontinued operations | 25.7p | – | 31.0p | (111.2)p | – |
| 105.2p | 86.1p | 98.9p | (56.8)p | 57.0p | |
| Diluted earnings/(loss) per share | |||||
| – continuing operations | 77.9p | 84.8p | 66.7p | 53.8p | 55.9p |
| – discontinued operations | 25.2p | – | 30.5p | (110.6)p | – |
| 103.1p | 84.8p | 97.2p | (56.8)p | 55.9p |












