Consolidated Income Statement
for the year ended 27 December 2008
| |
Notes |
Year ended
27 December
2008
£000 |
Year ended
29 December
2007
£000 |
| Revenue |
2
|
392,541 |
328,485 |
| Cost of sales |
|
(389,699) |
(319,218) |
| Gross profit |
|
2,842 |
9,267 |
| |
|
|
|
| Net appreciation in fair value of investment properties |
|
23 |
66,799 |
| Profit on disposal of investment properties |
|
3,661 |
3,688 |
| Gains on investment properties |
|
3,684 |
70,487 |
| Profit on sale of business |
30
|
— |
8,481 |
| Other operating income and expenses |
4
|
(8,774) |
(5,579) |
| Operating (loss)/profit |
2
|
(2,248) |
82,656 |
| Finance costs |
6
|
(17,817) |
(17,121) |
| Finance income |
6
|
2,919 |
2,951 |
| Finance costs — net |
6
|
(14,898) |
(14,170) |
| Share of post-tax profit from joint venture |
14
|
1,503 |
537 |
| (Loss)/profit before tax |
3
|
(15,643) |
69,023 |
| Tax (charge)/credit |
8
|
(100) |
25,000 |
| (Loss)/profit for the financial year |
|
(15,743) |
94,023 |
| |
|
|
|
| Attributable to: |
|
|
|
| Equity holders of the Company |
|
(15,743) |
94,023 |
| (Loss)/earnings per share |
|
pence |
pence |
| Basic and diluted |
11
|
(10.0) |
59.9 |