Financial Analysis

Group Income Statement

For the year ended 30 April 2016

  2016 2015
Notes Performance pre intangibles and exceptional items
£m
Intangibles and exceptional items
£m
Results for the year
£m
Performance pre intangibles and exceptional items
£m
Intangibles and exceptional items
£m
Results for the year
£m
CONTINUING OPERATIONS
Revenue 2 3,871.1 - 3,871.1 3,204.4 3,204.4
Operating costs and other operating income 3 (3,667.1) (21.8) (3,688.9) (3,002.7) (11.9) (3,014.6)
Operating profit of Group companies 2 204.0 (21.8) 182.2 201.7 (11.9) 189.8
Share of profit of joint ventures after finance income and taxation 2 24.8 (35.9) (11.1) 25.4 2.7 28.1
Total operating profit: Group and share of JVs 2 228.8 (57.7) 171.1 227.1 (9.2) 217.9
Non operational exceptional items 4 - (2.0) (2.0) (10.6) (10.6)
Profit before interest and taxation 228.8 (59.7) 169.1 227.1 (19.8) 207.3
Finance costs 5 (43.1) (23.3) (66.4) (44.8) (44.8)
Finance income 5 1.7 - 1.7 2.7 2.7
Profit before taxation 187.4 (83.0) 104.4 185.0 (19.8) 165.2
Taxation 7 (26.8) 21.4 (5.4) (31.1) 5.4 (25.7)
Profit for the year from continuing operations and proft after tax for the year 160.6 (61.6) 99.0 153.9 (14.4) 139.5
Attributable to:
Equity holders of the parent 158.8 (60.9) 97.9 153.6 (14.3) 139.3
Non-controlling interests 1.8 (0.7) 1.1 0.3 (0.1) 0.2
  160.6 (61.6) 99.0 153.9 (14.4) 139.5
Earnings per share (all of which relates to continuing operations)
Adjusted / basic 9 27.7p 17.1p 26.7p 24.3p
Diluted 9 27.6p 17.0p 26.6p 24.1p

The accompanying notes form an integral part of this consolidated income statement.