Income Statement

Consolidated income statement

for the year ended 31 December 

Group 2017 £M  2016 £M
Revenue 825.8 756.8
Impairment (201.1) (184.9)
Revenue less impairment 624.7 571.9
Finance costs (55.2) (46.8)
Other operating costs (135.2) (129.1)
Administrative expenses (328.7) (300.0)
Total costs (519.1) (475.9)
Profit before taxation - continuing operations 105.6 96.0
Tax expense – UK (0.7) (3.1)
Tax expense – overseas (29.9) (21.7)
Total pre-exceptional tax expense (30.6) (24.8)
Profit after pre-exceptional taxation - continuing operations 75.0  71.2 
Exceptional tax expense (30.0) 
Profit after taxation - continuing operations  45.0  71.2 
Loss after taxation - discontinued operations  (8.4)  (4.3) 
Profit after taxation attributable to owners of the Company 36.6 66.9
 
Group 2017  2016 

Earnings per share – continuing operations

   
Basic 20.2  32.2
Diluted 19.5  31.3
 
Group  2017  2016 
Earnings per share - including discontinued oprations    
Basic  16.5  30.2 
Diluted  15.8  29.4 

 

Statement of comprehensive income

for the year ended 31 December 

  Group Company
 

2017

£M

2016

£M

2017

£M

2016

£M

Profit/(loss) after taxation attributable to owners of the Company 36.6 66.9 (21.5) (17.2)
Other comprehensive income/(expense)        
Items that may subsequently be reclassified to income statement        
Exchange gains on foreign currency translations 51.3 65.1 - -
Net fair value (losses)/gains – cash flow hedges (2.5) 1.5 (1.5) 0.7
Tax credit/(charge) on items that may be reclassified 0.2 (0.1) 0.1 (0.1)
Items that will not subsequently be reclassified to income statement        
Actuarial gains/(losses) on retirement benefit obligation 10.3 (10.0) 10.3 (10.0)
Tax (charge)/credit on items that will not be reclassified (1.9) 1.9 (1.9) 1.9
Other comprehensive income/(expense) net of taxation 57.4 58.4 7.0 (7.5)
Total comprehensive income/(expense) for the year attributable to owners of the Company  94.0 125.3 (14.5) (24.7)