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| FINANCIAL
STATEMENTS |
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| Consolidated
profit and loss account for the year ended 30 April 2005 |
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Note |
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Continuing
operations:
Ongoing
2005
£'000 |
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Continuing
operations:
Aquisitions
2005
£'000 |
|
Total
2005
£'000 |
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Total
2004
£'000 |
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Turnover |
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2 |
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261,692 |
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300 |
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261,992 |
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149,260 |
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Net operating costs |
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3 |
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(213,817) |
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(154) |
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(213,971) |
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(128,948) |
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Operating profit before
goodwill amortisation and exceptional items |
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71,812 |
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146 |
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71,958 |
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39,533 |
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Goodwill amortisation |
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(25,221) |
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– |
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(25,221) |
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(11,310) |
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Exceptional items |
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3 |
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1,284 |
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– |
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1,284 |
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(7,911) |
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Operating profit |
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3 |
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47,875 |
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146 |
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48,021 |
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20,312 |
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Net interest payable and similar
charges |
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4 |
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(3,136) |
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(2,614) |
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Other finance cost |
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22iii |
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(361) |
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(105) |
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Profit on ordinary activities
before taxation |
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44,524 |
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17,593 |
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Tax on profit on ordinary activities |
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7 |
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(19,009) |
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(6,809) |
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Profit on ordinary activities
after taxation |
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25,515 |
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10,784 |
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Minority interests – equity |
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(297) |
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(85) |
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Profit for the financial
year |
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25,218 |
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10,699 |
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Dividends on equity shares |
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9 |
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(5,874) |
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(4,711) |
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Retained profit for the
year |
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19,344 |
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5,988 |
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Earnings per share: |
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Basic |
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10 |
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11.10p |
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6.66p |
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Diluted |
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10 |
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10.97p |
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6.57p |
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Underlying* |
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10 |
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21.81p |
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17.70p |
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There is no difference between
the results reported above and those on a historical cost basis.
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