Tesco 2006 Annual Report Download - page 44

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42 Tesco plc
Group income statement Year ended 25 February 2006*
2006* 2005
notes £m £m
Continuing operations
Revenue (Sales excluding VAT) 239,454 33,866
Cost of sales (36,426) (31,231)
Gross profit 3,028 2,635
Administrative expenses (825) (732)
Profit arising on property-related items 2/3 77 49
Operating profit 22,280 1,952
Share of post-tax profits of Joint ventures and Associates 13 82 74
Finance income 5114 103
Finance costs 5(241) (235)
Profit before tax 32,235 1,894
Taxation 6(649) (541)
Profit for the period from continuing operations 1,586 1,353
Discontinuing operation
Loss for the period from discontinuing operation 7(10) (6)
Profit for the year 1,576 1,347
Attributable to:
Equityholders of the parent 1,570 1,344
Minority interests 63
1,576 1,347
Earnings per share from continuing and discontinuing operations
Basic 920.07p 17.44p
Diluted 919.79p 17.22p
Earnings per sharefrom continuing operations
Basic 920.20p 17.52p
Diluted 919.92p 17.30p
*Results for the year ended 25 February 2006 include 52 weeks for the UK and the Republic of Ireland and 14 months for the majority of the remaining International businesses.