Consolidated income statement
for the year ended 31 December
| Group | Notes | 2008 £m |
2007 £m |
|---|---|---|---|
| Revenue* | 1 | 557.1 | 409.8 |
| Impairment | 1 | (127.2) | (83.2) |
| Revenue less impairment | 429.9 | 326.6 | |
| Finance costs | 2 | (29.5) | (22.3) |
| Other operating costs | (111.8) | (81.6) | |
| Administrative expenses | (218.3) | (175.7) | |
| Total costs | (359.6) | (279.6) | |
| Profit before taxation | 1, 3 | 70.3 | 47.0 |
| Profit before taxation and exceptional demerger costs | 1 | 70.3 | 49.8 |
| Exceptional demerger costs | 31 | – | (2.8) |
| Profit before taxation | 1 | 70.3 | 47.0 |
| Tax expense – UK | (1.3) | (1.9) | |
| – overseas | (18.4) | (12.6) | |
| Total tax expense | 5 | (19.7) | (14.5) |
| Profit after taxation attributable to equity shareholders | 26 | 50.6 | 32.5 |
*All amounts included in revenue are defined as finance income under IFRS 7.
| Group | Notes | 2008 pence |
2007 pence |
|---|---|---|---|
| Earnings per share | |||
| Basic | 6 | 19.73 | 12.64 |
| Diluted | 6 | 19.70 | 12.62 |
| Group and Company | Notes | 2008 pence |
2007 pence |
|---|---|---|---|
| Dividend per share | |||
| Interim dividend | 7 | 2.30 | 1.90 |
| Final proposed dividend | 7 | 3.40 | 2.85 |
| 5.70 | 4.75 |
| Group and Company | Notes | 2008 £m |
2007 £m |
|---|---|---|---|
| Dividends paid | |||
| Interim dividend of 2.30 pence per share (2007: 1.90 pence per share) | 7 | 5.9 | 4.9 |
| Final dividend of 2.85 pence per share | 7 | 7.3 | – |
| 13.2 | 4.9 |
The accounting policies and notes 1 to 30 are an integral part of these consolidated financial statements. The results shown above relate entirely to continuing operations.