Carphone Warehouse 2005 Annual Report Download - page 38

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The Carphone Warehouse Group PLC Annual Report 2005
Consolidated Profit and Loss Account
For the 53 weeks ended 2 April 2005
Before amortisation Amortisation After amortisation
of goodwill of goodwill of goodwill
53 weeks ended 53 weeks ended 53 weeks ended 52 weeks ended
2 April 2005 2 April 2005 2 April 2005 27 March 2004
Notes £’000 £’000 £’000 £’000
Turnover
Existing operations 3 2,323,180 2,323,180 1,849,011
Acquisitions 2,3 31,913 31,913 –
2,3 2,355,093 2,355,093 1,849,011
Cost of sales 3 (1,651,141) (1,651,141) (1,303,246)
Gross profit 3703,952 703,952 545,765
Operating expenses excluding amortisation and depreciation 3 (549,108) (549,108) (427,667)
EBITDA 10 154,844 154,844 118,098
Depreciation 3,4 (47,896) (47,896) (41,684)
Amortisation of goodwill 3,4 (33,229) (33,229) (25,417)
Operating profit 2,3 106,948 (33,229) 73,719 50,997
Existing operations 3 104,339 (26,675) 77,664 50,997
Acquisitions 3 2,609 (6,554) (3,945) –
Loss on disposal of fixed asset investments 6 ––(1,652)
Profit before interest and taxation 106,948 (33,229) 73,719 49,345
Net interest payable 7 (4,845) (4,845) (4,858)
Profit on ordinary activities before taxation 102,103 (33,229) 68,874 44,487
Tax on profit on ordinary activities 8 (19,910) (19,910) (16,783)
Profit for the financial period 82,193 (33,229) 48,964 27,704
Equity dividends 9 (15,782) (15,782) (11,369)
Retained profit for the financial period 66,411 (33,229) 33,182 16,335
Earnings per share
Basic 11 9.39p 5.59p 3.17p
Diluted 11 8.99p 5.35p 3.13p
Headline earnings per share 10
Basic 11 9.39p 6.81p
Diluted 11 8.99p 6.72p
The accompanying notes are an integral part of this consolidated profit and loss account. All amounts relate to continuing operations.
Consolidated Statement of Total Recognised Gains and Losses
For the 53 weeks ended 2 April 2005
53 weeks ended 52 weeks ended
2 April 2005 27 March 2004
Notes £’000 £’000
Profit for the financial period 48,964 27,704
Currency translation 804 (1,014)
Total recognised gains and losses relating to the period 49,768 26,690
Prior period adjustments 12 –(3,949)
Total gains and losses recognised since last financial statements 49,768 22,741
The accompanying notes are an integral part of this consolidated statement of total recognised gains and losses.
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