Group Income Statement

For the period ended 25 March 2017

View De La Rue 2016/17 Final Results to 25 March 2017

  Notes 2017
£m
2016
£m
Revenue   461.7 454.5
Operating expenses - ordinary   (391.1) (384.1)
Operating expenses - exceptional 4 (0.4) (3.6)
Total operating expenses   (391.5) (387.7)
Operating profit   70.2 66.8
Comprising:      
Adjusted operating profit*   70.7 70.4
Amortisation of acquired intagible assets   (0.1)
Exceptional items 4 (0.4) (3.6)
       
Profit before interest and taxation   70.2 66.8
Interest income   - 0.1
Interest expense   (4.6) (4.9)
Retirement benefit obligation net finance expense   (7.4) (7.1)
Net finance expense   (12.0) (11.9)
Profit before taxation   58.2 54.9
Comprising:      
Adjusted profit before tax*   58.7 58.5
Amortisation of acquired intagible assets   (0.1) -
Exceptional items   (0.4) (3.6)
       
Taxation 5 (8.7) (6.3)
Profit for the year from continuing operations   49.5 48.6
Comprising:      
Adjusted profit for the year*   49.4 49.9
Amortisation of acquired intangible assets   (0.1) -
Profit(Loss) for the year on exceptional items   0.2 (1.3)
Loss from discontinued operations   (8.0) (31.0)
Profit for the year   41.5 `17.6
Profit attributable to equity shareholders of the Company      
Profit for the year from continuing operations   47.9 47.4
Loss for the year from discontinuing operations   (8.0) (31.0)
Total profit attributable to equity shareholders of the Company   39.9 16.4
Profit attributable to non-controlling interests      
Profit for the year from continuing operations   1.6 1.2
Profit for the year from discontinuing operations   - -
Total profit attributable to non-controlling interests   1.6 1.2
    41.5 17.6

*This is a non IFRS measure. See note 14 for further explanations and reconciliation to the comparable IFRS measure.

Profit for the year attributable to the Company's equity holders Notes  2017
£m
2016
£m
Earnings per share      
Basic 6    
Basic EPS continuing operations   47.2p 46.8p
Basic EPS discontinued operations   (7.9p) (30.6p)
Total Basic Earnings per share   39.3p 16.2p
Diluted 6    
Diluted EPS continuing operations   46.6p 46.2p
Diluted EPS discontinued operations   (7.8p) (30.2p)
Total Diluted Earnings per share   38.8p 16.0p
Adjusted earnings per share 6    
Basic      
Basic EPS continuing operations   47.1p 48.1p
Basic EPS discontinued operations   (2.3p) (7.1p)
Total Basic Earnings per share   44.8p 41.0p
Diluted 6    
Diluted EPS continuing operations   46.5p 47.5p
Diluted EPS discontinued operations   (2.2p) (7.0p)
Total Diluted Earnings per share   44.3p 40.5p

Notes to the above table