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• Income Statement
• Statement of Comprehensive Income
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Income Statement

For the 52 weeks ended 27 February 2010

MS - Excel Format (30 KB, opens in a new window)

	52 weeks ended 27 February 2010		52 weeks ended 28 February 2009
	Total £m		Before exceptional items £m	Exceptional items £m	Total £m
Revenue	6,022.7		5,897.4	-	5,897.4
Cost of sales	(4,055.6)		(3,873.8)	-	(3,873.8)
Gross profit	1,967.1		2,023.6	-	2,023.6
Net operating expenses	(1,672.6)		(1,731.6)	(694.0)	(2,425.6)
Operating profit/(loss)	294.5		292.0	(694.0)	(402.0)
- Finance income	46.1		63.7	-	63.7
- Finance expense	(45.6)		(53.5)	-	(53.5)
Net financing income	0.5		10.2	-	10.2
Share of post-tax loss of joint ventures and associates	(2.0)		(2.4)	-	(2.4)
Profit/(loss) before tax	293.0		299.8	(694.0)	(394.2)
Taxation	(83.2)		(101.2)	82.3	(18.9)
Profit/(loss) for the year attributable to equity holders of the company	209.8		198.6	(611.7)	(413.1)
Earnings per share	pence				pence
- Basic	24.3				(47.7)
- Diluted	24.1				(47.7)
Non-GAAP measures	52 weeks ended 27 February 2010 £m				52 weeks ended 28 February 2009 £m
Reconciliation of profit before tax ('PBT') to benchmark PBT
Profit/(Loss) before tax	293.0				(394.2)
Effect of exceptional items	-				694.0
Effect of demerger incentive schemes	7.7				8.4
Effect of financing fair value remeasurements	(2.7)				28.9
Financing impact on retirement benefit balances	0.7				(11.2)
Discount unwind on non-benchmark items	6.7				1.8
Release of onerous lease provisions	(12.5)				-
Benchmark PBT	292.9				327.7
Benchmark earnings per share	pence				pence
- Basic	23.4				25.9
- Diluted	23.1				25.6