Marks and Spencer 2010 Annual Report Download - page 82

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Marks and Spencer Group plc Annual report and financial statements 2010 Financial statements 78
Consolidated income statement
Notes
53 weeks
ended
3 April
2010
£m
52 weeks
ended
28 March
2009
£m
Revenue 2, 3 9,536.6 9,062.1
Operating profit 2, 3 852.0 870.7
Finance income 6 12.9 50.0
Finance costs 6 (162.2) (214.5)
Profit on ordinary activities before taxation 4 702.7 706.2
Analysed between:
Before property disposals and exceptional items 694.6 604.4
Profit on property disposals 2, 3 8.1 6.4
Exceptional costs 5 –(135.9)
Exceptional pension credit 5,11 –231.3
Income tax expense 7 (179.7) (199.4)
Profit for the year 523.0 506.8
Attributable to:
Equity shareholders of the Company 526.3 508.0
Minority interests (3.3) (1.2)
523.0 506.8
Basic earnings per share 8A 33.5p 32.3p
Diluted earnings per share 8B 33.2p 32.3p
Non-GAAP measure:
Adjusted profit before taxation (£m) 1 694.6 604.4
Adjusted basic earnings per share 8A 33.0p 28.0p
Adjusted diluted earnings per share 8B 32.7p 28.0p
Consolidated statement of
comprehensive income
53 weeks
ended
3 April
2010
£m
52 weeks
ended
28 March
2009
£m
Profit for the year 523.0 506.8
Other comprehensive income:
Foreign currency translation differences (17.4) 33.1
Actuarial losses on retirement benefit schemes (251.6) (927.1)
Deferred tax on retirement benefit scheme 71.7 254.9
Cash flow and net investment hedges
– fair value movements in equity 52.1 304.8
– reclassified and reported in net profit (119.8) (206.8)
– amount recognised in inventories 4.8 (8.6)
Tax on cash flow hedges and fair value hedges 25.9 (29.3)
Other comprehensive income for the year, net of tax (234.3) (579.0)
Total comprehensive income/(loss) for the year 288.7 (72.2)
Attributable to:
Equity shareholders of the Company 292.0 (71.0)
Minority interests (3.3) (1.2)
288.7 (72.2)