consolidated income statement
| Continuing operations | Notes |
Six months ended 30 June 2009 £’000 |
Six months ended 30 June(1) 2008 £’000 |
||
| Revenue | 82,245 |
61,861 |
|||
| Cost of sales | (40,198) |
(34,054) |
|||
| Gross profit | 42,047 |
27,807 |
|||
| Sales and marketing costs | (3,192) |
(3,713) |
|||
| Administrative costs analysed: | |||||
| Depreciation and amortisation charges | (12,798) |
(10,402) |
|||
| Other administrative costs | (9,498) |
(7,342) |
|||
| Total administrative costs | (22,296) |
(17,744) |
|||
| Operating profit | 16,559 |
6,350 |
|||
| Finance income | 4,800 |
4,006 |
|||
| Finance costs | (6,663) |
(2,172) |
|||
| Profit on ordinary activities before taxation | 14,696 |
8,184 |
|||
| Income tax (charge)/credit | (1,019) |
2,404 |
|||
| Retained profit for the period | 13,677 |
10,588 |
|||
| Earnings per share – basic (p) | 7.0 |
5.4 |
|||
| Earnings per share – diluted (p) | 7.0 |
5.4 |
|||
| Adjusted earnings per share – basic (p) | 6.9 |
3.4 |
|||
| Adjusted earnings per share – diluted (p) | 6.9 |
3.4 |
|||
| Supplementary income statement information | |||||
| EBITDA(2) | 29,357 |
16,752 |
|||
| Depreciation charge | (12,211) |
(9,819) |
|||
| Intangible asset amortisation charge | (587) |
(583) |
|||
| Operating profit | 16,559 |
6,350 |
(1) Restated as described in note 3.
(2) Earnings before interest, taxation, depreciation and amortisation.
