Trading results 2016 £m 20151 £m 2014 £m 2013 £m 2012 £m
Revenue          
– continuing operations 801.6 630.4 564.9 537.0 520.2
– discontinued operations - - - - 21.4
Total revenue 801.6 630.4 564.9 537.0 541.6
Operating profit          
– continuing operations 61.9 80.7 71.2 67.2 68.1
– discontinued operations - - - - 1.5
  61.9 80.7 71.2 67.2 69.6
Impairment of goodwill (155.5) - - - -
Amortisation of acquired intangible assets (17.2) (13.2) (13.3) (13.6) (13.9)
Exceptional items 1.2 (45.0) 0.7 (4.4) (1.7)
Profit on disposal of businesses - - - 0.4 11.0
Finance costs (net) (10.8) (7.6) (8.0) (7.1) (7.4)
Financial instruments – fair value adjustments (1.9) 0.5 (2.5) 1.3 0.4
Profit/(loss) before tax (122.3) 15.4 48.1 43.8 58.0
Taxation 11.5 (23.0) 2.1 (13.0) (11.5)
(Loss)/profit after tax (110.8) (7.6) 50.2 30.8 46.5
Underlying profit before tax 51.1 73.1 63.2 60.1 60.7
Non-current assets 778.8 708.4 663.2 594.6 598.8
Current assets 374.0 283.5 271.9 231.4 237.4
Net borrowings 344.6 200.0 159.5 109.5 106.8
Total equity 352.5 418.0 450.1 436.1 440.9
Basic earnings per share (41.3)p (3.1)p 18.8p 11.6p 17.5p
Basic underlying earnings per share 13.6p 21.8p 19.1p 18.6p 19.1p
Dividends per share 4.53p 13.0p 12.5p 12.0p 10.0p
Dividend cover* 3.0 1.7 1.5 1.6 1.9

* Based on underlying earnings.

1. Comparative figures for 2015 have been restated for changes to the fair value of identifiable assets and liabilitites of LS Research (acquired in 2015)