Marks and Spencer 2016 Annual Report Download - page 88

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86
MARKS AND SPENCER GROUP PLC
FINANCIAL STATEMENTS
CONSOLIDATED INCOME STATEMENT
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
Notes
53 weeks ended 2 April 2016 52 weeks ended 28 March 2015
Underlying
£m
Non-underlying
£m
Total
£m
Underlying
£m
Non-underlying
£m
Total
£m
Revenue 2, 3 10,555.4 – 10,555.4 10,311.4 – 10,311.4
Operating profi t 2, 3, 5 784.9 (200.8) 584.1 762.5 (61.2) 701.3
Finance income 6 21.1 – 21.1 15.5 – 15.5
Finance costs 6 (116.4) – (116.4) (116.8) – (116.8)
Profi t before tax 4, 5 689.6 (200.8) 488.8 661.2 (61.2) 600.0
Income tax expense 7 (118.8) 34.4 (84.4) (124.8) 6.5 (118.3)
Profi t for the year 570.8 (166.4) 404.4 536.4 (54.7) 481.7
Attributable to:
Owners of the parent 573.3 (166.4) 406.9 541.2 (54.7) 486.5
Non-controlling interests (2.5) – (2.5) (4.8) – (4.8)
570.8 (166.4) 404.4 536.4 (54.7) 481.7
Basic earnings per share 8 35.0p 24.9p 33.1p 29.7p
Diluted earnings per share 8 34.9p 24.8p 32.9p 29.5p
Notes
53 weeks ended
2 April 2016
£m
52 weeks ended
28 March 2015
£m
Profi t for the year 404.4 481.7
Other comprehensive income:
Items that will not be reclassifi ed to profi t or loss
Remeasurements of retirement benefi t schemes 11 346.2 193.7
Tax charge on items that will not be reclassifi ed (45.6) (40.2)
300.6 153.5
It ems t h at wi ll be rec l ass ifi ed subsequently to profi t or loss
Foreign currency translation di erences 7.3 (7.5)
Cash fl ow hedges and net investment hedges
– fair value movements recognised in other comprehensive income (30.1) 221.2
– reclassifi ed and reported in profi t or loss (22.1) (60.0)
– amount recognised in inventories 5.9 (21.6)
Tax credit/(charge) on cash fl ow hedges and net investment hedges 6.5 (21.2)
(32.5) 110 . 9
Other comprehensive income for the year, net of tax 268.1 264.4
Total comprehensive income for the year 672.5 746.1
Attributable to:
Owners of the parent 675.0 750.9
Non-controlling interests (2.5) (4.8)
672.5 746.1