Income Statement

Consolidated income statement

for the year ended 31 December 

Group

2020 

Pre-exceptional

items £m

2020

Exceptional

items £m

2020

£m

2019

£m

Revenue 661.3 - 661.3 889.1
Impairment (247.6) (2.5) (250.1) (243.5)
Revenue less impairment 413.7 (2.5) 411.2 645.6
Finance costs (55.0) 8.2 (46.8) (63.5)
Other operating costs (108.7) - (108.7) (137.3)
Administrative expenses (278.8) (17.6) (296.4) (330.8)
Total costs (442.5) (9.4) (451.9) (531.6)
(Loss)/profit before taxation (28.8) (11.9) (40.7) 114.0
Tax income – UK 2.3 0.1 2.4 2.2
Tax (expense)/income – overseas (26.8) 0.9 (25.9) (44.4)
Total tax (expense)/income (24.5) 1.0 (23.5) (42.2)
(Loss)/profit after taxation attributable to owners of the Company (53.3) (10.9) (64.2) 71.8
 
Group

2020

pence

2019

pence

(Loss)/earnings per share - statutory

   
Basic (28.9) 32.2
Diluted (27.4) 30.3
 
Group

2020

pence

2019

pence

(Loss)/earnings per share - adjusted for exceptional items     
Basic (24.0) 32.2
Diluted (22.8) 30.3

 

Statement of comprehensive income

for the year ended 31 December 

  Group Company
 

2020

£m

2019

£m

2020

£m

2019

£m

(Loss)/profit after taxation attributable to owners of the Company (64.2) 71.8 181.7 (33.9)
Other comprehensive income/(expense)        
Items that may subsequently be reclassified to income statement        
Exchange losses on foreign currency translations (4.1) (42.2) - -
Net fair value gains/(losses) – cash flow hedges 1.3 0.6 - (0.1)
Tax charge on items that may be reclassified (0.3) (0.1) - -
Items that will not subsequently be reclassified to income statement        
Actuarial losses on retirement benefit obligation (1.4) (1.7) (1.4) (1.7)
Tax credit on items that will not be reclassified 0.3 0.2 0.3 0.2
Other comprehensive expense net of taxation (4.2) (43.2) (1.1) (1.6)
Total comprehensive (expense)/income for the year attributable to owners of the Company  (68.4) 28.6 180.6 (35.5)