Vodafone 2014 Annual Report Download - page 98

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Consolidated income statement
for the years ended 31 March
2014
Restated1
2013
Restated1
2012
Note£m £m £m
Revenue 238,346 38,041 38,821
Cost of sales (27,942) (26,567) (27,201)
Gross prot 10,404 11,474 11,620
Selling and distribution expenses (3,033) (2,860) (2,755)
Administrative expenses (4,245) (4,159) (4,031)
Share of results of equity accounted associates and joint ventures 278 575 1,129
Impairment losses 4(6,600) (7,700) (4,050)
Other income and expense (717) 468 3,705
Operating (loss)/prot 3(3,913) (2,202) 5,618
Non-operating income and expense (149) 10 (162)
Investment income 5346 305 456
Financing costs 5(1,554) (1,596) (1,768)
(Loss)/prot before taxation (5,270) (3,483) 4,144
Income tax credit/(expense) 616,582 (476) (705)
Prot/(loss) for the nancial year from continuing operations 11,312 (3,959) 3,439
Prot for the nancial year from discontinued operations 748,108 4,616 3,555
Prot for the nancial year 59,420 657 6,994
Attributable to:
– Equity shareholders 59,254 413 6,948
– Non-controlling interests2166 244 46
Prot for the nancial year 59,420 657 6,994
Earnings/(loss) per share
From continuing operations:
– Basic 42.10p (15.66p) 12.28p
– Diluted 41.77p (15.66p) 12.14p
Total Group:
– Basic 8223.84p 1.54p 25.15p
– Diluted 8222.07p 1.54p 24.87p
Notes:
1 Restated to show the results of our US Group in discontinued operations, adoption of IFRS 11 and amendments to IAS 19. See note 1 “Basis of preparation” for further details.
2 Prot attributable to non-controlling interests solely derives from continuing operations.
Consolidated statement of comprehensive income
for the years ended 31 March
2014
Restated1
2013
Restated1
2012
£m £m £m
Prot for the nancial year 59,420 657 6,994
Other comprehensive income:
Items that may be reclassied to prot or loss in subsequent periods:
Losses on revaluation of available-for-sale investments, net of tax (119) (73) (17)
Foreign exchange translation differences, net of tax (4,104) 362 (3,673)
Foreign exchange losses/(gains) transferred to the income statement 1,493 1(681)
Fair value gains transferred to the income statement (25) (12) –
Other, net of tax –(4) (10)
Total items that may be reclassied to prot or loss in subsequent years (2,755) 274 (4,381)
Items that will not be reclassied to prot or loss in subsequent years:
Net actuarial gains/(losses) on dened benet pension schemes, net of tax 37 (182) (263)
Total items that will not be reclassied to prot or loss in subsequent years 37 (182) (263)
Other comprehensive (expense)/income (2,718) 92 (4,644)
Total comprehensive income for the year 56,702 749 2,350
Attributable to:
– Equity shareholders 56,711 604 2,383
– Non-controlling interests (9) 145 (33)
56,702 749 2,350
Note:
1 Restated to show the results of our US Group in discontinued operations, adoption of IFRS 11 and amendments to IAS 19. See note 1 “Basis of preparation” for further details.
Vodafone Group Plc
Annual Report 201496