Carphone Warehouse 2013 Annual Report Download - page 52

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CARPHONE WAREHOUSE GROUP PLC ANNUAL REPORT 201350
CONSOLIDATED INCOME STATEMENT
FOR THE YEARS ENDED 31 MARCH 2013 AND 31 MARCH 2012
Headline
Non-Headline*
Statutory Headline
Non-Headline*
Statutory
2013 2013 2013 2012 2012 2012
Notes £m £m £m £m £m £m
Revenue 210.7 —10.7 6.4 —6.4
Cost of sales — — — — — —
Gross profit 10.7 —10.7 6.4 —6.4
Operating expenses 4 (7.9) —(7.9) (5.4) (20.6) (26.0)
Share of results of joint ventures 2, 4, 13 54.3 (53.9) 0.4 54.4 (88.5) (34.1)
Profit (loss) before investment income,
interest and taxation 3 57.1 (53.9) 3.2 55.4 (109.1) (53.7)
Interest income 61.6 —1.6 2.9 —2.9
Interest expense 6— — — (0.2) — (0.2)
Investment income 4, 6 0.3 —0.3 0.2 813.0 813.2
Profit before taxation 59.0 (53.9) 5.1 58.3 703.9 762.2
Taxation 4, 7 (0.9) —(0.9) (0.6) 0.9 0.3
Net profit for the year 58.1 (53.9) 4.2 57.7 704.8 762.5
Earnings per share
Basic 10 12.3p 0.9p 12.6p 167.0p
Diluted 10 12.1p 0.9p 12.1p 159.6p
* 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). 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.