Consolidated Income Statement

For the year ended 31 December

  Notes 2007 £m 2006 £m
Continuing operations:      
Revenue 1 2,203.4 1,843.2
Operating expenses 2 (1,991.5) (1,628.7)
Operating profit   211.9 214.5
       
Analysed as:      
Operating profit before amortisation of intangible assets   251.1 235.6
Amortisation of intangible assets1   (39.2) (21.1)
Operating profit   211.9 214.5
       
Interest payable and similar charges 5 (140.4) (112.3)
Interest receivable 6 68.5 61.2
Share of profit from associates, net of tax of £1.4m (2006: £1.6m)   2.0 2.0
Profit before income tax   142.0 165.4
Income tax expense2 7 (30.3) (33.3)
Profit for the year from continuing operations   111.7 132.1
       
Discontinued operations:      
Profit for the year from discontinued operations 8 546.8 115.0
       
Profit for the year (including discontinued operations)   658.5 247.1
       
Attributable to:      
Minority interests   2.2 2.0
Equity holders of the company   656.3 245.1
    658.5 247.1
       
Basic earnings per share      
– Continuing operations 9 6.06p 7.20p
– Discontinued operations 9 30.26p 6.37p
– Continuing and discontinued operations 9 36.32p 13.57p
       
Diluted earnings per share      
– Continuing operations 9 6.06p 7.20p
– Discontinued operations 9 30.26p 6.37p
– Continuing and discontinued operations 9 36.32p 13.57p

1 Excluding computer software and development costs.

2 Taxation includes £31.3m (2006: £22.0m) in respect of overseas taxation.

Financial Highlights 2007
Statement of Recognised Income & Expense