National Express Group plc Annual Report and Accounts 2010

Annual Report and Accounts 2010

Group Income Statement

For the year ended 31 December 2010

 

 

Note

Total before
intangible
amortisation
and exceptional
items
2010
£m

Intangible
amortisation
and exceptional
items
2010
£m

Total
2010
£m

Total before
intangible
amortisation
and exceptional
items
2009
£m

Intangible
amortisation
and exceptional
items
2009
£m

Total
2009
£m

Continuing operations

 

 

 

 

 

 

 

Revenue

4

2,125.9

2,125.9

2,711.1

2,711.1

Operating costs before intangible amortisation and exceptional items

 

(1,921.7)

(1,921.7)

(2,551.3)

(2,551.3)

Intangible amortisation

5

(57.1)

(57.1)

(60.4)

(60.4)

Exceptional items

5

(61.2)

(61.2)

(100.0)

(100.0)

Total operating costs

6

(1,921.7)

(118.3)

(2,040.0)

(2,551.3)

(160.4)

(2,711.7)

Group operating profit/(loss)

 

204.2

(118.3)

85.9

159.8

(160.4)

(0.6)

Loss on disposal of
non-current assets

5

(7.4)

(7.4)

Profit/(loss) from operations

 

204.2

(118.3)

85.9

159.8

(167.8)

(8.0)

Share of post tax results from associates and joint ventures accounted for using the equity method

18

0.3

0.3

(0.1)

(12.0)

(12.1)

Finance income

9

4.8

4.8

9.6

9.6

Finance costs

9

(48.8)

(2.0)

(50.8)

(53.1)

(19.9)

(73.0)

Profit/(loss) before tax

 

160.5

(120.3)

40.2

116.2

(199.7)

(83.5)

Tax (charge)/credit

10

(39.2)

61.7

22.5

(23.0)

45.6

22.6

Profit/(loss) after tax for the year from continuing operations

 

121.3

(58.6)

62.7

93.2

(154.1)

(60.9)

(Loss)/profit for the year from discontinued operations

11

(0.4)

(0.4)

8.2

8.2

Profit/(loss) for the year

 

121.3

(59.0)

62.3

93.2

(145.9)

(52.7)

Profit/(loss) attributable to equity shareholders

 

120.4

(59.0)

61.4

92.4

(145.9)

(53.5)

Profit attributable to non-controlling interests

 

0.9

0.9

0.8

0.8

 

 

121.3

(59.0)

62.3

93.2

(145.9)

(52.7)

Earnings per share:

 

 

 

 

 

 

 

– basic earnings per share

13

 

 

12.0p

 

 

(17.6p)

– diluted earnings per share

13

 

 

12.0p

 

 

(17.6p)

Normalised earnings per share:

 

 

 

 

 

 

 

– basic earnings per share

13

23.6p

 

 

30.5p

 

 

– diluted earnings per share

13

23.5p

 

 

30.4p

 

 

Earnings per share from continuing operations:

 

 

 

 

 

 

 

– basic earnings per share

13

 

 

12.1p

 

 

(20.3p)

– diluted earnings per share

13

 

 

12.1p

 

 

(20.3p)