Consolidated Balance Sheet
Consolidated Cash Flow Statement
Year ended 30 April 2009
| 2009 | 2008 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | Performance pre intangibles and exceptional items £m |
Intangibles and exceptional items (note 4) £m |
Results for the year £m |
Performance pre intangibles and exceptional items £m |
Intangibles and exceptional items (note 4) £m |
Results for the year £m |
|
| CONTINUING OPERATIONS | |||||||
| Revenue | 2 | 2,103.3 | Nil | 2,103.3 | 1,763.6 | Nil | 1,763.6 |
| Operating costs | 3 | (1,933.0) | (20.3) | (1,953.3) | (1,734.5) | (7.9) | (1,742.4) |
| Other operating income | 5 | 22.2 | Nil | 22.2 | 143.6 | Nil | 143.6 |
| Operating profit of Group companies | 2 | 192.5 | (20.3) | 172.2 | 172.7 | (7.9) | 164.8 |
| Share of profit of joint ventures | |||||||
| after finance income and taxation | 2 | 35.3 | (5.1) | 30.2 | 32.6 | (5.1) | 27.5 |
| Total operating profit: Group operating profit and share of joint ventures’ profit after taxation | 2 | 227.8 | (25.4) | 202.4 | 205.3 | (13.0) | 192.3 |
| Gain on sale of properties | 4 | Nil | Nil | Nil | Nil | 0.3 | 0.3 |
| Impairment charge on properties | 4 | Nil | (2.4) | (2.4) | Nil | Nil | Nil |
| Gain/(loss) on disposed and closed operations and resolution of certain liabilities re acquisitions and disposals | 4 | Nil | 2.2 | 2.2 | Nil | (1.7) | (1.7) |
| Profit before interest and taxation | 227.8 | (25.6) | 202.2 | 205.3 | (14.4) | 190.9 | |
| Finance costs | 6 | (38.9) | Nil | (38.9) | (45.2) | Nil | (45.2) |
| Finance income | 6 | 7.5 | Nil | 7.5 | 14.3 | 7.3 | 21.6 |
| Profit before taxation | 196.4 | (25.6) | 170.8 | 174.4 | (7.1) | 167.3 | |
| Taxation | 8 | (33.0) | (4.3) | (37.3) | (28.3) | 90.2 | 61.9 |
| Profit for the year from continuing operations | 163.4 | (29.9) | 133.5 | 146.1 | 83.1 | 229.2 | |
| DISCONTINUED OPERATIONS | |||||||
| Profit for the year from discontinued operations | 18 | Nil | Nil | Nil | Nil | 19.9 | 19.9 |
| TOTAL OPERATIONS | |||||||
| Profit after taxation for the year attributable to equity shareholders of the parent | 163.4 | (29.9) | 133.5 | 146.1 | 103.0 | 249.1 | |
| Earnings per share from continuing and discontinued operations | |||||||
| – Adjusted basic/Basic | 10 | 22.9p | 18.7p | 20.3p | 34.6p | ||
| – Adjusted diluted/Diluted | 10 | 22.7p | 18.5p | 19.8p | 33.8p | ||
| Earnings per share from continuing operations | |||||||
| – Adjusted basic/Basic | 10 | 22.9p | 18.7p | 20.3p | 31.8p | ||
| – Adjusted diluted/Diluted | 10 | 22.7p | 18.5p | 19.8p | 31.1p | ||
| Dividends per ordinary share | |||||||
| – Interim paid | 9 | 1.80p | 1.35p | ||||
| – Final proposed | 9 | 4.20p | 4.05p | ||||
The accompanying notes form an integral part of this consolidated income statement.
An interim dividend of £12.9m was paid during the year ended 30 April 2009 (2008: £9.5m).
A final dividend of £30.0m has been proposed for approval in respect of the year ended 30 April 2009 (2008: £28.9m).
