Consolidated income statement

for the years ended 31 March

  Notes 2008
£m		 2008
£m		 2007
£m		 2007
£m		 2006
£m		 2006
£m
Revenue 1(a)   11,423   8,695   8,868
Other operating income 2   75   83   80
Operating costs 3   (8,534)   (6,265)   (6,574)
Operating profit              
Before exceptional items, remeasurements and stranded cost recoveries* 1(b) 2,595   2,031   1,968  
Exceptional items, remeasurements and stranded cost recoveries* 4 369   482   406  
Total operating profit 1(b)   2,964   2,513   2,374
Interest income and similar income 6   1,275   1,144   1,036
Interest expense and other finance costs              
Before exceptional items and remeasurements 6 (2,035)   (1,691)   (1,638)  
Exceptional items and remeasurements 4,6 (16)   (217)   (57)  
  6   (2,051)   (1,908)   (1,695)
Share of post-tax results of joint ventures and associates     4   2   3
Profit before taxation              
Before exceptional items, remeasurements and stranded cost recoveries*   1,839   1,486   1,369  
Exceptional items, remeasurements and stranded cost recoveries* 4 353   265   349  
Total profit before taxation     2,192   1,751   1,718
Taxation              
Before exceptional items, remeasurements and stranded cost recoveries* 7 (583)   (442)   (369)  
Exceptional items, remeasurements and stranded cost recoveries* 4,7 (28)   1   (166)  
Total taxation 7   (611)   (441)   (535)
Profit from continuing operations after taxation              
Before exceptional items, remeasurements and stranded cost recoveries*   1,256   1,044   1,000  
Exceptional items, remeasurements and stranded cost recoveries* 4 325   266   183  
Profit for the year from continuing operations     1,581   1,310   1,183
Profit for the year from discontinued operations              
Before exceptional items and remeasurements 8 28   104   77  
Exceptional items and remeasurements 8 1,590   (18)   2,590  
  8   1,618   86   2,667
Profit for the year     3,199   1,396   3,850
Attributable to:              
Equity shareholders of the parent     3,196   1,394   3,848
Minority interests     3   2   2
      3,199   1,396   3,850
Earnings per share from continuing operations              
Basic 10   60.5p   48.1p   41.6p
Diluted 10   60.1p   47.8p   41.4p
Earnings per share              
Basic 10   122.5p   51.3p   135.6p
Diluted 10   121.8p   50.9p   135.0p

*Comparatives have been adjusted to present items on a basis consistent with the current year classification

All the notes to the financial statements, located here and here, form part of the consolidated financial statements.

excel Consolidated income statement 21KB excel

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