Income Statement

Consolidated income statement

for the year ended 31 December 

Group Note 2016 2015 Pre-exceptional items £M 2015 Exceptional items (note 10) £M 2015 £M
Revenue 4 763.4 735.4 - 735.4
Impairment 4 (187.5) (188.9) (10.3) (199.2)
Revenue less impairment   575.9 546.5 (10.3) 536.2
Finance costs   (47.1) (41.6) - (41.6)
Other operating costs   (130.7) (116.8) - (116.8)
Administrative expenses   (305.5) (272.0) (5.6) (277.6)
Total costs   (483.3) (430.4) (5.6) (436.0)
Profit before taxation 1 92.6 116.1 (15.9) 100.2
Tax (expense)/income – UK   (3.1) (2.1) 0.6 (1.5)
Tax expense – overseas   (22.6) (29.1) (7.1) (36.2)
Total tax (expense)/income 5 (25.7) (31.2) (6.5) (37.7)
Profit after taxation attributable to owners of the Company   66.9 84.9 (22.4) 62.5
The profit for the period is from continuing operations.

Group

Earnings per share – statutory

      2016 2015
           
Basic 6     30.2 27.3
Diluted 6     29.4 26.6
 
Group          

Earnings per share - adjusted for exceptional items

Basic

6     30.2 37.1

 

Statement of comprehensive income

for the year ended 31 December 

    Group Company
  Notes

2016

£M

2015

£M

2016

£M

2015

£M

Profit/(loss) after taxation attributable to owners of the Company   66.9 62.5 (17.2) (8.9)
Other comprehensive income/(expense)          
Items that may subsequently be reclassified to income statement          
Exchange gains/(losses) on foreign currency translations   65.1 (23.9) - -
Net fair value gains/(losses) – cash flow hedges   1.5 (1.0) 0.7 0.3
Tax (charge)/charge on items that may be reclassified 5 (0.1) 0.3 (0.1) -
Items that will not subsequently be reclassified to income statement          
Actuarial (losses)/gains on retirement benefit obligation   (10.0) 0.7 (10.0) (0.8)
Tax credit/(charge) on items that will not be reclassified 5 1.9 (0.1) 1.9 -
Other comprehensive income/(expense) net of taxation   58.4 (24.0) (7.5) (0.5)
Total comprehensive income/(expense) for the year attributable to owners of the Company    125.3 38.5 (24.7) (9.4)

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