Accounts

Consolidated Income Statement

for the year ended 31st March 2012

  Notes   2012

£ million
  2011
restated
£ million
Revenue 1,2   12,023.2   9,984.8
Cost of sales     (11,270.2)   (9,337.2)
Gross profit     753.0   647.6
Distribution costs     (119.8)   (112.2)
Administrative expenses     (183.1)   (169.2)
Major impairment and restructuring charges 3     (71.8)
Amortisation of acquired intangibles 4   (16.7)   (14.5)
Operating profit 1,6   433.4   279.9
Finance costs 7   (35.4)   (33.1)
Finance income 8   11.3   12.4
Dissolution of associate       0.1
Profit before tax     409.3   259.3
Income tax expense 9   (93.9)   (75.5)
Profit for the year from continuing operations     315.4   183.8
Loss for the year from discontinued operations 40     (1.9)
Profit for the year     315.4   181.9
Attributable to:          
Owners of the parent company     315.9   181.5
Non-controlling interests     (0.5)   0.4
      315.4   181.9
      pence   pence
Earnings per ordinary share attributable to the equity holders of the parent company          
Continuing operations          
Basic 11   148.7   86.1
Diluted 11   146.9   85.6
Total          
Basic 11   148.7   85.2
Diluted 11   146.9   84.7

The notes form an integral part of the accounts.

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