Marks and Spencer 2009 Annual Report Download - page 82

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Marks and Spencer Group plc Annual report and financial statements 2009 Financial statements
Consolidated income statement
78
Notes
52 weeks
ended
28 March
2009
£m
52 weeks
ended
29 March
2008
£m
Revenue 2, 3 9,062.1 9,022.0
Operating profit 2, 3 870.7 1,211.3
Finance income 6 50.0 64.4
Finance costs 6 (214.5) (146.6)
Profit on ordinary activities before taxation 4 706.2 1,129.1
Analysed between:
Before property disposals and exceptional items 604.4 1,007.1
Profit on property disposals 3 6.4 27.0
Exceptional costs 5 (135.9) –
Exceptional pension credit 5,11 231.3 95.0
Income tax expense 7 (199.4) (308.1)
Profit for the year 506.8 821.0
Attributable to:
Equity shareholders of the Company 508.0 821.7
Minority interests (1.2) (0.7)
506.8 821.0
Basic earnings per share 8A 32.3p 49.2p
Diluted earnings per share 8B 32.3p 48.7p
Non-GAAP measure:
Adjusted profit before taxation (£m) 1 604.4 1,007.1
Adjusted basic earnings per share 8A 28.0p 43.6p
Adjusted diluted earnings per share 8B 28.0p 43.2p
Consolidated statement of recognised income and expense
52 weeks
ended
28 March
2009
£m
52 weeks
ended
29 March
2008
£m
Profit for the year 506.8 821.0
Foreign currency translation differences 33.1 21.3
Actuarial (losses)/gains on retirement benefit schemes (927.1) 605.4
Cash flow and net investment hedges
– fair value movements in equity 304.8 (33.5)
– recycled and reported in net profit (206.8) 1.3
– amount recognised in inventories (8.6) 2.4
Tax on items taken directly to equity 225.8 (185.7)
Net (losses)/gains not recognised in the income statement (578.8) 411.2
Total recognised income and expense for the year (72.0) 1,232.2
Attributable to:
Equity shareholders of the Company (70.8) 1,232.9
Minority interests (1.2) (0.7)
(72.0) 1,232.2