Carphone Warehouse 2016 Annual Report Download - page 90

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Consolidated income statement
88
Year ended 30 April 2016 13 months ended 2 May 2015
Note
Headline*
£million
Non-
Headline*
£million
Total
£million
Headline*
£million
Non-
Headline*
£million
Total
£million
Continuing operations
Revenue 2 9,738 — 9,738 8,255 — 8,255
Profit / (loss) from operations before share of
results of joint ventures 2 472 (164) 308 400 (76) 324
Share of results of joint ventures 12 (4) —(4) — — —
Profit / (loss) before interest and tax 2,3 468 (164) 304 400 (76) 324
Finance income 17 — 17 15 — 15
Finance costs (38) (20) (58) (39) (13) (52)
Net finance costs 6 (21) (20) (41) (24) (13) (37)
Profit / (loss) before tax 447 (184) 263 376 (89) 287
Income tax (expense) / credit 7 (110) 26 (84) (91) 15 (76)
Profit / (loss) after tax – continuing operations 337 (158) 179 285 (74) 211
Loss after tax – discontinued operations 25 — (18) (18) — (114) (114)
Profit / (loss) after tax for the period 337 (176) 161 285 (188) 97
Earnings per share (pence) 8
Basic – continuing operations 29.3p 15.6p 29.7p 22.0p
Diluted – continuing operations 28.4p 15.1p 28.7p 21.2p
Basic – total 14.0p 10.1p
Diluted – total 13.6p 9.8p
* Headline results exclude amortisation of acquisition intangibles, Merger integration and transaction costs, property rationalisation costs,
acquisition related costs, net interest on defined benefit pension schemes and discontinued operations (comprising Virgin Mobile France
and Phone House operations in Germany, the Netherlands and Portugal). Such excluded items are described as ‘Non-Headline’. For further
details see notes 4 and 25 to the financial statements.
00_DC 2016 Annual Report.pdf 88 11/07/2016 18:34