Income Statement

For the year ended 31 December 2019

    Year ended 31 December 2019 Year ended 31 December 2018
    Results before specific adjusting items Specific adjusting items1 Total Results before specific adjusting items Specific adjusting items1 Total
  Note £m £m £m £m £m £m
Revenue 3 1,049.5 - 1,049.5 1,033.9 - 1,033.9
Operating costs before amortisation of intangible assets   (915.3) - (915.3) (909.1) (9.5) (918.6)

Profit from operations before amortisation of intangible assets

3

134.2

-

134.2

124.8

(9.5)

115.3

Amortisation of intangible assets

 

(8.1)

-

(8.1)

(8.0)

-

(8.0)

Operating profit

3

126.1

-

126.1

116.8

(9.5)

107.3

Finance income   1.9 - 1.9 1.3 - 1.3
Finance expense   (18.8) - (18.8) (14.5) - (14.5)
Net financing costs 5 (16.9) - (16.9) (13.2) - (13.2)
Share of profit of associate (net of income tax)   0.5 - 0.5 0.8 - 0.8
Profit before taxation   109.7 - 109.7 104.4 (9.5) 94.9
Income tax expense 6 (29.9) - (29.9) (29.0) (1.7) (30.7)
Profit from continuing operations   79.8 - 79.8 75.4 (11.2) 64.2
Profit/(loss) from discontinued operations 7 0.7 0.8 1.5 (1.4) (9.3) (10.7)
Profit for the period   80.5 0.8 81.3 74.0 (20.5) 53.5

Profit for the period attributable to:

Shareholders of the Company

  72.3 0.8 73.1 66.8 (20.5) 46.3
Non-controlling interests   8.2 - 8.2 7.2 - 7.2
Profit for the period   80.5 0.8 81.3 74.0 (20.5) 53.5

Earnings per share

Continuing and discontinued operations

8            
Basic earnings per share       25.7p     16.2p
Diluted earnings per share       25.5p     16.1p
Continuing operations              
Basic earnings per share       25.2p     20.0p
Diluted earnings per share       25.0p     19.9p
Dividends2              

Interim dividend

- pence

      4.00p     4.00p
- £m       11.4     11.4

Proposed final dividend

- pence

      7.00p     7.00p
- £m       20.0     20.0

See our full Financial Highlights to learn more, or view our Balance Sheet and Cash Flow to see our latest performance.