Holiday Inn 2008 Annual Report Download - page 54

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52 IHG Annual Report and Financial Statements 2008
Group income statement
2008 2007
Before Exceptional Before Exceptional
exceptional items exceptional items
items (note 5) Total items (note 5) Total
For the year ended 31 December 2008 Note $m $m $m $m $m $m
Revenue 21,854 – 1,854 1,771 – 1,771
Cost of sales (823) – (823) (825) – (825)
Administrative expenses (400) (59) (459) (377) (14) (391)
Other operating income and expenses 14 25 39 16 70 86
645 (34) 611 585 56 641
Depreciation and amortisation 2(110) (2) (112) (111) (2) (113)
Impairment 2– (96) (96) –66
Operating profit 2535 (132) 403 474 60 534
Financial income 612 – 12 18 – 18
Financial expenses 6(113) – (113) (108) – (108)
Profit before tax 434 (132) 302 384 60 444
Tax 7(96) 42 (54) (84) 60 (24)
Profit for the year from continuing operations 338 (90) 248 300 120 420
Profit for the year from discontinued operations 11 951411 32 43
Profit for the year attributable to equity holders
of the parent 347 (85) 262 311 152 463
Earnings per ordinary share 9
Continuing operations:
Basic 86.4¢ 131.3¢
Diluted 83.8¢ 127.7¢
Adjusted 117.8¢ 93.8¢
Adjusted diluted 114.2¢ 91.2¢
Total operations:
Basic 91.3¢ 144.7¢
Diluted 88.5¢ 140.7¢
Adjusted 120.9¢ 97.2¢
Adjusted diluted 117.2¢ 94.5¢
Notes on pages 56 to 94 form an integral part of these financial statements.
Group financial statements