Consolidated income statement
for the year ended 31 March 2010
| Note |
Headline 2010 £’000 |
Headline items (note 4) £’000 |
Total 2010 £’000 |
Headline 2009 £’000 |
Headline items (note 4) £’000 |
Total 2009 £’000 |
|
|---|---|---|---|---|---|---|---|
| Turnover (billings) | 2 | 136,822 | – | 136,822 | 138,472 | – | 138,472 |
| Revenue | 2 | 80,500 | – | 80,500 | 83,795 | – | 83,795 |
| Operating costs | 3 | (66,243) | (5,225) | (71,468) | (68,190) | (3,302) | (71,492) |
| Profit before finance income, finance costs, income from financial assets and taxation |
2/5 | 14,257 | (5,225) | 9,032 | 15,605 | (3,302) | 12,303 |
| Finance income | 7 | 6 | – | 6 | 45 | – | 45 |
| Finance costs | 7 | (676) | (404) | (1,080) | (1,607) | (880) | (2,487) |
| Income from financial assets | 8 | 195 | – | 195 | 150 | – | 150 |
| Profit before taxation | 2 | 13,782 | (5,629) | 8,153 | 14,193 | (4,182) | 10,011 |
| Taxation | 9 | (3,412) | 392 | (3,020) | (4,065) | 651 | (3,414) |
| Profit for the financial year | 10,370 | (5,237) | 5,133 | 10,128 | (3,531) | 6,597 | |
| Basic earnings per share (pence)1 | 10 | 17.66 | 8.75 | 18.63 | 12.13 | ||
| Diluted earnings per share (pence)1 | 10 | 17.65 | 8.74 | 18.46 | 12.02 |
1 In July 2009, the Group issued new shares as part of an Equity Placing. In accordance with IAS 33 this required a retrospective adjustment to the weighted average number of shares and consequently the earnings per share.
All profits arose from continuing operations.
The accompanying notes form an integral part of these Financial Statements.
The Company has elected to take the exemption under Section 408 of the Companies Act 2006 to not present the parent Company profit and loss account.
