Consolidated Income Statement

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for the year to 31 December 2007          
Continuing Operations Notes Before
exceptional
items
2007
£m
Exceptional
items*
2007
£m
Total
2007
£m
2006 £
£m
Revenue 3 4,714.3 4,714.3 3,572.1
Cost of sales (3,975.9) (289.7) (4,265.6) (2,933.4)
Gross profit 738.4 (289.7) 448.7 638.7
Net operating expenses 5 (289.5) (90.0) (379.5) (191.0)
Share of results of joint ventures 14 23.4 23.4 22.1
Profit on ordinary activities before finance costs
and amortisation of brands 476.0 (349.7) 126.3 469.8
Amortisation of brands (3.7) (30.0) (33.7)
           
Profit on ordinary activities before finance costs 472.3 (379.7) 92.6 469.8
Interest receivable 9.7 9.7 9.1
Finance costs 7 (121.8) (121.8) (73.3)
(Loss)/profit on ordinary activities before taxation 360.2 (379.7) (19.5) 405.6
Taxation 8 (107.0) (70.2) (177.2) (115.0)
(Loss)/profit for the year 253.2 (449.9) (196.7) 290.6
Attributable to:
Equity holders of the parent 33 (197.9) 289.5
Minority interest 1.2 1.1
(196.7) 290.6
Proposed/paid dividends per ordinary share
Interim 9 5.5p 5.0p
Final 9 10.25p 9.75p
(Loss)/earnings per ordinary share – basic 10 (24.2p) 50.5p
(Loss)/earnings per ordinary share – diluted 10 (24.2p) 50.1p

*The current period items relate to restructuring costs, brand impairments and land and work in progress write-downs (note 5). There were no exceptional items in 2006.