Consolidated income statement

For the year ended 30 June 2011
				2011			2010
	Notes	Before exceptional items £m	Exceptional items* £m	Total £m	Before exceptional items restated £m	Exceptional items* restated £m	Total £m
Revenue
Group and share of joint ventures	2	2,178.8	-	2,178.8	2,098.7	-	2,098.7
Less share of joint ventures		(55.8)	-	(55.8)	(42.7)	-	(42.7)
Group revenue		2,123.0	-	2,123.0	2,056.0	-	2,056.0
Cost of sales		(1,911.5)	(33.5)	(1,945.0)	(1,847.0)	-	(1,847.0)
Gross profit		211.5	(33.5)	178.0	209.0	-	209.0
Administrative expenses		(151.8)	(0.8)	(152.6)	(151.2)	-	(151.2)
Credits on retirement benefit obligations		-	25.7	25.7	-	16.0	16.0
Movement in provision for fine imposed by the Office of Fair Trading		-	15.6	15.6	-	(18.0)	(18.0)
Share of post-tax results of joint ventures	14	0.4	-	0.4	(1.3)	-	(1.3)
Profit on disposal of joint venture	28b	5.9	-	5.9	4.2	-	4.2
Profit from operations	2	66.0	7.0	73.0	60.7	(2.0)	58.7
Finance income	5	3.7	-	3.7	3.1	-	3.1
Finance cost	5	(4.2)	-	(4.2)	(4.1)	-	(4.1)
Profit before tax	2	65.5	7.0	72.5	59.7	(2.0)	57.7
Income tax	9a	(12.3)	2.1	(10.2)	(12.7)	(4.5)	(17.2)
Profit for the year		53.2	9.1	62.3	47.0	(6.5)	40.5
Attributable to:
Equity holders of the parent		52.7	9.1	61.8	46.2	(6.5)	39.7
Minority interests	12	0.5	-	0.5	0.8	-	0.8
		53.2	9.1	62.3	47.0	(6.5)	40.5
Earnings per share	11
– basic		141.7p		166.1p	125.9p		108.2p
– diluted		139.8p		163.9p	124.9p		107.3p
Adjusted earnings per share (excluding the amortisation of intangible assets)	11
– basic		148.4p			131.6p
– diluted		146.4p			130.5p

* Exceptional items as detailed in note 4 relate to:

movement in the provision for a fine imposed by the Office of Fair Trading;
property, land and work in progress write-downs;
acquisition costs; and
pensions past service credits.

All results are derived from continuing operations.