Financial summary

A segmental revenue split can be found with the 2010 full year results in Results, reports and presentations

Trading results

2011 £m 

2010£m 2009£m 2008£m 2007£m
Revenue          
- continuing operations  586.0 567.4 528.8 635.3 564.3
- discontinued operations  - - - - 72.9
Total revenue  586.0 567.4 528.8 635.3 637.2
Operating profit          
- continuing operations  59.4 46.4 33.6 68.5 80.0
- discontinuing operations  - - - - 4.4
   59.4 46.4 33.6 68.5 84.4
Amortisation of acquired intangible assets  (14.1) (13.1) (13.3) (11.4) (10.5)
Exceptional items  (140.1) (36.9) (10.2) (20.3) (11.0)
(Loss)/profit on disposal of businesses  - - (1.9) - 85.3
Finance costs (net) before exceptionals  (6.7) (6.2) (7.1) (7.9) (7.6)
Exceptional finance costs  - - - - (1.5)
Financial instruments - fair value adjustments  (0.2) 1.2 1.6 (2.4) 1.2
(Loss)/profit before tax  (101.7) (8.6) 2.7 26.5 140.3
Taxation  (17.3) (7.4) (6.2) (12.2) (12.6)
(Loss)/profit after tax  (119.0) (16.0) (3.5) 14.3 127.7
Underlying profit before tax  52.7 40.2 26.5 60.6 76.8
Non-current assets  609.8 718.0 658.7 741.4 541.5
Current assets  270.5 253.7 225.6 259.5 250.1
Net borrowings†  117.7 103.6 45.4 139.5 85.4
Shareholders' equity  440.4 574.9 579.6 585.3 448.5
Basic earnings per share*  (44.8)p (6.0)p (1.7)p 7.0p 59.6p
Basic underlying earnings per share*  16.5p 11.8p 9.6p 23.8p 30.3p
Dividends per share*  8.00p 6.30p 6.00p 10.31p 53.35p
Dividend cover**  2.1 1.9 1.6 2.3 3.0

 

*Comparative figures for earnings and dividends per share have been restated after adjusting for the bonus element of the 1 for 2 Rights Issue in 2009

**Based on underlying earnings and excluding the 43.35p special dividend in 2007

†Net borrowings in 2011 are after deducting a £5.8m current financial asset.