Carphone Warehouse 2011 Annual Report Download - page 50

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46 Carphone Warehouse Group plc Annual Report 2011
CONSOLIDATED INCOME STATEMENT
FOR THE YEARS ENDED 31 MARCH 2011 AND 31 MARCH 2010
Notes
Before
amortisation
of acquisition
intangibles
2011
£m
Amortisation
of acquisition
intangibles*
2011
£m
After
amortisation
of acquisition
intangibles
2011
£m
Before
amortisation
of acquisition
intangibles and
exceptional
items
2010
£m
Amortisation
of acquisition
intangibles and
exceptional
items*
2010
£m
After
amortisation
of acquisition
intangibles and
exceptional
items
2010
£m
Revenue 2 5.6 – 5.6 5.5 – 5.5
Cost of sales –––– – –
Gross profit 5.6 – 5.6 5.5 – 5.5
Operating expenses (8.7) – (8.7) (6.0) – (6.0)
Share of results of joint ventures 2,14 68.6 (2.2) 66.4 39.1 (0.6) 38.5
Profit before investment income,
interest and taxation
365.5 (2.2) 63.3 38.6 (0.6) 38.0
Interest income 7 3.9 – 3.9 3.7 – 3.7
Interest expense 7 (0.6) – (0.6) (5.3) – (5.3)
Investment income 4,7 0.6 – 0.6 – 182.0 182.0
Profit before taxation 69.4 (2.2) 67.2 37.0 181.4 218.4
Taxation 8 (1.6) – (1.6) 0.4 – 0.4
Net profit for the year 67.8 (2.2) 65.6 37.4 181.4 218.8
* A reconciliation of Headline results to statutory results is provided in note 10 to the financial statements.
The accompanying notes are an integral part of this Consolidated Income Statement. All amounts relate to continuing operations.
Earnings per share
Basic 11 15.0p 14.5p 8.3p 48.7p
Diluted 11 14.4p 13.9p 8.2p 47.8p