Income Statement

Consolidated income statement

for the year ended 31 December 

Group Notes

2015 Preexceptional items

£M

2015 Exceptional items (note 10)

£M

2015
£M

2014
Preexceptional items

£M

2014
Exceptional items
(note 10)

£M

2014

£M

Revenue 1 735.4 - 735.4 783.2 - 783.2
Impairment 1 (188.9) (10.3) (199.2) (220.0) - (220.0)
Revenue less impairment   546.5 (10.3) 536.2 563.2 - 563.2
Finance costs 2 (41.6) - (41.6) (45.3) (23.3) (68.6)
Other operating costs   (116.8) - (116.8) (120.0) - (120.0)
Administrative expenses   (272.0) (5.6) (277.6) (274.4) - (274.4)
Total costs   (430.4) (5.6) (436.0) (439.7) (23.3) (463.0)
Profit before taxation 1 116.1 (15.9) 100.2 123.5 (23.3) 100.2
Tax (expense)/income – UK   (2.1) 0.6 (1.5) (2.2) 4.7 2.5
Tax expense – overseas   (29.1) (7.1) (36.2) (31.1) 0.2 (30.9)
Total tax (expense)/income 5 (31.2) (6.5) (37.7) (33.3) 4.9 (28.4)
Profit after taxation attributable to owners of the Company   84.9 (22.4) 62.5 90.2 (18.4) 71.8
The profit for the period is from continuing operations.

Group

Earnings per share – statutory

        Notes

2015

pence

2014

pence

           

 

 

Basic         6 27.3 30.2
Diluted         6 26.6 29.4
 
Group         Notes

2015

pence

2014

pence

Earnings per share - adjusted for exceptional items

Basic

        6 37.1 38.0

 

Statement of comprehensive income

for the year ended 31 December 

    Group Company
  Notes

2015

£M

2014

£M

2015

£M

2014

£M

Profit/(loss) after taxation attributable to owners of the Company   62.5 71.8 (8.9) 281.9
Other comprehensive (expense)/income          
Items that may subsequently be reclassified to income statement          
Exchange losses on foreign currency translations   (23.9) (42.3) - -
Net fair value (losses)/gains – cash flow hedges   (1.0) 1.1 0.3 0.5
Tax credit/(charge) on items that may be reclassified 5 0.3 (0.2) - (0.1)
Items that will not subsequently be reclassified to income statement          
Actuarial gains/(losses) on retirement benefit obligation   0.7 (1.5) (0.8) (0.3)
Tax (charge)/credit on items that will not be reclassified 5 (0.1) 0.3 - 0.1
Other comprehensive (expense)/income net of taxation   (24.0) (42.6) (0.5) 0.2
Total comprehensive income/(expense) for the year attributable to owners ofthe Company    38,5 29.2 (9.4) 282.1

The accounting policies and notes 1 to 33 are an integral part of these Financial Statements. Click here to view.