Consolidated Income Statement
For the period | 52 weeks to 30 March 2012 | 52 weeks to 1 April 2011 |
Before non-recurring items | Non-recurring items (note 5) | Total | Before non-recurring items | Non-recurring items (note 5) | Total |
| Notes | £m | £m | £m | £m | £m | £m |
Revenue |
1 |
863.1 |
— |
863.1 |
869.7 |
— |
869.7 |
Cost of sales |
|
(390.3) |
— |
(390.3) |
(384.7) |
— |
(384.7) |
Gross profit |
|
472.8 |
— |
472.8 |
485.0 |
— |
485.0 |
Operating expenses |
2 |
(375.6) |
1.9 |
(373.7) |
(356.9) |
(7.5) |
(364.4) |
Results from operating activities |
3 |
97.2 |
1.9 |
99.1 |
128.1 |
(7.5) |
120.6 |
Finance costs |
6 |
(5.5) |
— |
(5.5) |
(4.3) |
— |
(4.3) |
Finance income |
6 |
0.5 |
— |
0.5 |
1.8 |
— |
1.8 |
Net finance expense |
|
(5.0) |
— |
(5.0) |
(2.5) |
— |
(2.5) |
|
|
|
|
|
|
|
|
Profit before income tax |
|
92.2 |
1.9 |
94.1 |
125.6 |
(7.5) |
118.1 |
Income tax expense |
7 |
(24.8) |
(0.9) |
(25.7) |
(34.7) |
2.1 |
(32.6) |
Profit for the financial period attributable to equity shareholders |
|
67.4 |
1.0 |
68.4 |
90.9 |
(5.4) |
85.5 |
|
|
|
|
|
|
|
|
Earnings per share |
|
|
|
|
|
|
|
Basic |
9 |
33.7p |
|
34.2p |
43.2p |
|
40.7p |
Diluted |
9 |
33.5p |
|
34.0p |
42.7p |
|
40.2p |
All results relate to continuing operations of the Group.
The Notes to the Financial Statements are an integral part of these consolidated financial statements.