Consolidated income statements and balance sheets in accordance with IFRS.
| Consolidated income statement |
|
|
| |
Year ended
|
Year ended
|
| Continuing operations |
31 March 2006*
|
31 March 2005
|
|
|
£m
|
£m
|
| Revenue |
2,086.0
|
2,103.7
|
| Other income |
21.1
|
19.8
|
| Total operating expenses |
-1,377.6
|
-1,452.3
|
| |
|
|
| Operating profit |
729.5
|
651.4 |
| |
|
|
| Investment income and finance expense |
-284.4
|
-283.8 |
| Share of results of associated company |
-
|
|
| Profit before taxation |
445.1 |
367.6 |
| Taxation |
-122.0 |
-96.1 |
| Profit for the year from continuing operations |
323.1 |
319.0 |
| |
|
|
| Discontinued operations |
|
|
| Loss for the period from discontinued operations |
-114.9
|
- |
| Profit for the year from discontinued operations |
208.2 |
271.5 |
| |
|
|
| Earnings per share from continuing operations |
|
|
| Basic |
37.8p
|
34.5p |
| Diluted |
37.6p |
31.2p |
| |
|
|
| Balance sheets |
|
|
|
|
At 31 March 2006
|
At 31 March 2005
|
| |
£m |
£m |
| |
|
|
| Non-current assets |
9,186.0 |
8,801.0 |
| Current assets |
2,110.4 |
1,348.3 |
| Total assets |
11,296.4 |
10,149.3 |
| |
|
|
| Non-current liabilities |
-6,965.6 |
-6,428.2 |
| Current liabilities |
-1,699.9 |
-1,576.7 |
| Total liabilities |
-8,665.5 |
-8,004.9 |
| |
|
|
| Total net assets |
2,630.9 |
2,144.4 |
| |
|
|
| Share capital |
875.4 |
716.2 |
| Share premium account |
1,407.8 |
1,038.7 |
| Revaluation reserve |
158.8 |
158.8 |
| Treasury shares |
-0.3 |
-0.3 |
| Cumulative exchange reserve |
2.2 |
3.7 |
| Retained earnings |
185.3 |
226.0 |
| Shareholders' equity |
2,629.2 |
2,143.1 |
| Minority interest |
1.7 |
1.3 |
| |
|
|
|
Total equity |
2,630.9 |
2,144.4 |
*The accounts for the year ended 31 March 2006 have been restated to include Vertex as a discontinued operation and to reclassify net interest income associated with the group's defined benefit pension schemes from employee costs to net finance expense