Annual Report and Accounts 2009

Consolidated Income Statement for the year to 31 December 2009

  Note Before
exceptional
items
2009
£m
Exceptional
items
(Note 5)
2009
£m
Total
2009
£m
Before
exceptional
items
2008
£m
Exceptional
items
(Note 5)
2008
£m
Total
2008
£m
Continuing operations
Revenue 3 2,595.6 2,595.6 3,467.7 3,467.7
Cost of sales   (2,365.4) (527.0) (2,892.4) (3,138.2) (1,012.8) (4,151.0)
Gross profit/(loss)   230.2 (527.0) (296.8) 329.5 (1,012.8) (683.3)
Net operating expenses 5 (192.5) (53.7) (246.2) (243.2) (871.7) (1,114.9)
Profit/(loss) on ordinary activities before finance costs and amortisation of brands   37.7 (580.7) (543.0) 88.7 (1,780.6) (1,691.9)
Amortisation of brands   (2.4) (103.9) (106.3)
Profit/(loss) on ordinary activities before finance costs   37.7 (580.7) (543.0) 86.3 (1,884.5) (1,798.2)
Interest receivable   10.6 10.6 8.5 8.5
Finance costs 7 (150.0) (23.1) (173.1) (177.1) (10.5) (187.6)
Share of results of joint ventures 14 5.6 5.6 7.6 7.6
Loss on ordinary activities before taxation   (96.1) (603.8) (699.9) (74.7) (1,895.0) (1,969.7)
Taxation (charge)/credit 8 (14.3) 73.6 59.3 (23.4) 100.0 76.6
Loss for the year from continuing operations   (110.4) (530.2) (640.6) (98.1) (1,795.0) (1,893.1)
 
Discontinued operations              
(Loss)/profit for the year from discontinued operations   (2.5) 55.6 53.1
Loss for the year   (110.4) (530.2) (640.6) (100.6) (1,739.4) (1,840.0)
 
Attributable to:
Equity holders of the parent 26     (640.4)     (1,841.3)
Minority interests       (0.2)     1.3
      (640.6)     (1,840.0)


  Note 2009 2008
(Restated)
Basic and diluted loss per share – total Group 10 (25.1p) (132.7p)
Basic and diluted loss per share – continuing operations 10 (25.1p) (136.5p)
Adjusted basic loss per share – continuing operations 10 (4.3p) (7.2p)
Adjusted diluted loss per share – continuing operations 10 (4.3p) (7.2p)