Carphone Warehouse 2012 Annual Report Download - page 55

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Carphone Warehouse Group plc Annual Report 2012 51
Restated*
Restated*
Headline
Non-Headline*
Statutory Headline
Non‑Headline*
Statutory
2012 2012 2012 2011 2011 2011
Notes £m £m £m £m £m £m
Revenue 26.4 —6.4 5.6 —5.6
Cost of sales ——————
Gross profit 6.4 —6.4 5.6 —5.6
Operating expenses 4(5.4) (20.6) (26.0) (8.7) —(8.7)
Share of results of joint ventures 2, 4, 13 54.4 (88.5) (34.1) 55.5 10.9 66.4
Profit (loss) before investment income,
interest and taxation 355.4 (109.1) (53.7) 52.4 10.9 63.3
Interest income 62.9 —2.9 3.9 —3.9
Interest expense 6(0.2) —(0.2) (0.6) —(0.6)
Investment income 4, 6 0.2 813.0 813.2 0.6 —0.6
Profit before taxation 58.3 703.9 762.2 56.3 10.9 67.2
Taxation 4, 7 (0.6) 0.9 0.3 (1.6) —(1.6)
Net profit for the year 57.7 704.8 762.5 54.7 10.9 65.6
* Non‑Headline items comprise exceptional items, the results of businesses which have been discontinued by the Group’s joint ventures, and amortisation
ofacquisition intangibles (see note 4). Prior year Headline results have been restated to exclude the results of businesses which have been discontinued
bytheGroup's joint ventures. A reconciliation of Headline results to statutory results isprovided in note 9.
The accompanying notes are an integral part of this Consolidated Income Statement. All amounts relate to continuing operations.
Earnings per share
Basic 10 12.6p 167.0p 12.1p 14.5p
Diluted 10 12.1p 159.6p 11.6p 13.9p
CONSOLIDATED INCOME STATEMENT
FOR THE YEARS ENDED 31 MARCH 2012 AND 31 MARCH 2011
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