Consolidated income statement
|
|
|
Period ended |
Period ended |
|
Continuing operations |
|
|
|
|
Revenue |
2,160.9 |
2,180.3 |
|
|
Cost of sales |
|
(1,159.1) |
(1,165.2) |
|
Gross profit |
|
1,001.8 |
1,015.1 |
|
Sales and distribution costs |
|
(311.5) |
(316.9) |
|
Administrative expenses |
|
|
|
|
– normal activities |
|
(394.2) |
(399.1) |
|
– provision for John Crane litigation |
(100.7) |
|
|
|
– impairment of financial asset |
|
|
(325.0) |
|
Other operating income |
66.9 |
|
|
|
(Loss)/profit on business disposals |
(5.2) |
18.1 |
|
|
Operating profit/(loss) |
257.1 |
(7.8) |
|
|
Interest receivable |
|
21.4 |
4.2 |
|
Interest payable |
|
(57.8) |
(57.3) |
|
Other financing gains/(losses) |
|
2.1 |
(0.5) |
|
Other finance income – retirement benefits |
|
33.7 |
25.2 |
|
Finance costs |
(0.6) |
(28.4) |
|
|
Share of post-tax losses of associated companies |
(0.5) |
(1.1) |
|
|
Profit/(loss) before taxation |
|
256.0 |
(37.3) |
|
Comprising |
|
|
|
|
– headline profit before taxation |
344.4 |
315.8 |
|
|
– exceptional operating items |
|
|
|
|
• commutation of insurance policies |
|
42.9 |
|
|
• provision for John Crane litigation |
|
(100.7) |
|
|
• other |
|
(40.4) |
(12.8) |
|
– amortisation of acquired intangible assets |
|
(14.8) |
(13.0) |
|
– financing gains/(losses) |
|
0.6 |
(2.3) |
|
– profit on sale/impairment of financial asset |
|
24.0 |
(325.0) |
|
|
|
256.0 |
(37.3) |
|
Taxation |
(53.1) |
(65.4) |
|
|
Profit/(loss) after taxation – continuing operations |
|
202.9 |
(102.7) |
|
Profit after taxation – discontinued operations |
1,525.2 |
126.9 |
|
|
Profit for the period |
|
1,728.1 |
24.2 |
|
Profit for the period attributable to equity shareholders of the Parent Company |
|
1,728.1 |
24.2 |
|
Earnings per share |
|
|
|
|
Basic |
|
314.7p |
4.3p |
|
Basic – continuing operations |
|
36.9p |
(18.2)p |
|
Diluted |
|
310.3p |
4.3p |
|
Diluted – continuing operations |
|
36.4p |
(18.2)p |