Holiday Inn 2010 Annual Report Download - page 66

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64 IHG Annual Report and Financial Statements 2010
Group income statement
2010 2009
Before Exceptional Before Exceptional
exceptional items exceptional items
items (note 5) Total items (note 5) Total
For the year ended 31 December 2010 Note $m $m $m $m $m $m
Revenue 2 1,628 – 1,628 1,538 – 1,538
Cost of sales (753) – (753) (769) (91) (860)
Administrative expenses (331) (13) (344) (303) (83) (386)
Other operating income
and expenses 8 35 43 6 (2) 4
552 22 574 472 (176) 296
Depreciation and amortisation 2 (108) – (108) (109) – (109)
Impairment 2 – (7) (7) – (197) (197)
Operating profit/(loss) 2 444 15 459 363 (373) (10)
Financial income 6 2 – 2 3 – 3
Financial expenses 6 (64) – (64) (57) – (57)
Profit/(loss) before tax 382 15 397 309 (373) (64)
Tax 7 (98) (8) (106) (15) 287 272
Profit for the year from
continuing operations 284 7 291 294 (86) 208
Profit for the year from
discontinued operations 11 – 2 2 – 6 6
Profit for the year 284 9 293 294 (80) 214
Attributable to:
Equity holders of the parent 284 9 293 293 (80) 213
Non-controlling interest – – – 1 – 1
284 9 293 294 (80) 214
Earnings per ordinary share 9
Continuing operations:
Basic 101.0¢ 72.6¢
Diluted 98.3¢ 70.2¢
Adjusted 98.6¢ 102.8¢
Adjusted diluted 95.9¢ 99.3¢
Total operations:
Basic 101.7¢ 74.7¢
Diluted 99.0¢ 72.2¢
Adjusted 98.6¢ 102.8¢
Adjusted diluted 95.9¢ 99.3¢
Notes on pages 70 to 108 form an integral part of these financial statements.
Group financial statements