Download consolidated income statement
| |
|
|
2012 |
|
2011 |
| For the year ended 31 December | Note |
Before
non-trading
items(1)
£m |
Total
£m |
Before
non-trading
items(1) £m | Total £m |
| Continuing operations |
|
|
|
|
|
| Amounts staked(2) |
|
17,860 |
17,860 |
16,467 |
16,467 |
| Revenue |
5 |
1,084 |
1,084 |
976 |
976 |
| Cost of sales before depreciation and amortisation |
|
(709) |
(713) |
(656) |
(657) |
| Administrative expenses |
|
(87) |
(87) |
(83) |
(90) |
| Share of results from joint venture and associates |
16, 17 |
3 |
3 |
1 |
1 |
| EBITDA |
|
291 |
287 |
239 |
231 |
| Depreciation, amortisation and amounts written off non-current assets |
|
(55) |
(57) |
(51) |
(63) |
| Profit before tax and net finance expense |
7 |
236 |
230 |
188 |
168 |
| Finance expense |
8 |
(30) |
(30) |
(33) |
(34) |
| Finance income |
8 |
0 |
1 |
1 |
1 |
| Profit before tax |
|
206 |
201 |
155 |
135 |
| Income tax expense |
10 |
(11) |
(10) |
(18) |
(17) |
| Profit for the year – continuing operations |
|
196 |
190 |
137 |
118 |
| Discontinued operations |
|
|
|
|
|
| Profit for the year from discontinued operations |
|
- |
- |
- |
- |
| Profit for the year |
|
196 |
190 |
137 |
118 |
| Attributable to: |
|
|
|
|
|
| Equity holders of the parent |
|
196 |
190 |
137 |
118 |
| Non-controlling interests |
|
- |
- |
- |
- |
| Earnings per share from continuing operations |
|
|
|
|
|
| – basic |
12 |
21.6p |
21.0p |
15.0p |
13.0p |
| – diluted |
12 |
21.2p |
20.6p |
14.9p |
12.9p |
| Earnings per share on profit for the year |
|
|
|
|
|
| – basic |
12 |
21.6p |
21.0p |
15.0p |
13.0p |
| – diluted |
12 |
21.2p |
20.6p |
14.9p |
12.9p |
| Proposed dividends(4) |
11 |
4.60p |
4.60p |
3.90p |
3.90p |
| |
|
|
|
|
|
(1) Exceptional items are profits or losses on disposal or impairment of non-current assets or businesses; unrealised gains and losses on derivative financial instruments; corporate transaction costs and any other non-recurring items considered exceptional by virtue of their nature and size. Details of the exceptional items are given in note 6.
(2) Amounts staked does not represent the Group’s statutory revenue and comprises the total amounts staked by customers on betting and gaming activities.