Annual Report and Accounts 2014

 

Group Income Statement

For the year ended 31 March 2014

 

2014

Restated

2013

 

Pre

Exceptionals

Pre

Exceptionals

 

exceptionals

(note 11)

Total

exceptionals

(note 11)

Total

 

Note

£’000

£’000

£’000

£’000

£’000

£’000

 

Revenue

4

11,231,666

-

11,231,666

10,572,686

-

10,572,686

Cost of sales

(10,425,140)

-

(10,425,140)

(9,831,692)

-

(9,831,692)

Gross profit

806,526

-

806,526

740,994

-

740,994

Administration expenses

(261,910)

-

(261,910)

(247,368)

-

(247,368)

Selling and distribution expenses

(353,244)

-

(353,244)

(321,988)

-

(321,988)

Other operating income

5

19,875

31,101

50,976

19,129

5,601

24,730

Other operating expenses

5

(2,844)

(44,384)

(47,228)

(3,905)

(29,418)

(33,323)

 

 

 

Operating profit before amortisation of intangible assets

4

208,403

(13,283)

195,120

186,862

(23,817)

163,045

Amortisation of intangible assets

4

(20,416)

-

(20,416)

(14,420)

-

(14,420)

Operating profit

187,987

(13,283)

174,704

172,442

(23,817)

148,625

Finance costs

12

(50,824)

(2,128)

(52,952)

(39,363)

(1,372)

(40,735)

Finance income

12

29,413

-

29,413

25,291

-

25,291

Share of associates’ profit/(loss) after tax

14

33

-

33

26

(285)

(259)

Profit before tax

166,609

(15,411)

151,198

158,396

(25,474)

132,922

Income tax expense

15

(22,000)

(5,255)

(27,255)

(26,288)

-

(26,288)

Profit after tax for the financial year

144,609

(20,666)

123,943

132,108

(25,474)

106,634

Profit attributable to:

 

 

 

Owners of the Parent

121,234

 

 

106,295

Non-controlling interests

2,709

 

 

339

 

123,943

 

 

106,634

Earnings per ordinary share

 

 

 

Basic

18

144.70p

 

 

127.17p

Diluted

18

143.90p

 

 

126.77p

 

 

 

 

 

 

 

Michael Buckley, Tommy Breen, Directors