TABLE OF CONTENTS Under UK GAAP the dominant performance statement is the profit and loss account. The same is true of international GAAP but this document is now labelled the income statement.
Group Profit and Loss Account
| For the period | 52 weeks to 1 April 2005 | 53 weeks to 2 April 2004 | |
|---|---|---|---|
| Notes | m | m | |
| Turnover | 1 | 628.4 | 578.6 |
| Cost of sales | (290.7) | (269.0) | |
| Gross profit | 337.7 | 309.6 | |
| Net operating expenses | 2 | (259.4) | (244.1) |
| Operating profit before goodwill amortisation and exceptional operating items | 92.2 | 79.2 | |
| Goodwill amortisation | (13.7) | 13.7 | |
| Exceptional operating items | 3 | (0.2) | - |
| Operating profit | 4 | 78.3 | 65.5 |
| Profit on disposal of fixed assets | 5 | - | 6.4 |
| Net interest payable, before net exceptional interest income/(charges) | (14.7) | (35.4) | |
| Net exceptional interest income/(charges) | 0.5 | (8.7) | |
| Net interest payable | 7 | (14.2) | (44.1) |
| Profit on ordinary activities before taxation | 64.1 | 27.8 | |
| Taxation on profit on ordinary activities | 8 | (24.2) | (14.3) |
| Profit on ordinary activities after taxation | 39.9 | 13.5 | |
| Equity dividends | 9 | (27.4) | - |
| Retained profit for the financial period | 12.5 | 13.5 | |
| Earnings per 1p share | |||
| Basic | 11 | 18.5p | 8.3p |
| Diluted | 11 | 18.5p | 8.0p |
| Earnings per 1p share before goodwill amortisation and exceptional items | |||
| Basic | 11 | 24.4p | 17.7p |
| Diluted | 11 | 24.4p | 16.9p |
|
