Group Income Statement
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| Note | Half year to 30 September 2007 $m |
Restated* Half year to 30 September 2006 $m |
Restated* Year to 31 March 2007 $m |
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| Revenue | 1,258 | 1,115 | 2,165 | |||
| Cost of sales | (187) | (162) | (335) | |||
| Other operating income | 53 | 17 | 75 | |||
| Other operating losses | (36) | (17) | (26) | |||
| Administrative expenses | (378) | (292) | (632) | |||
| Group operating profit – continuing operations | 710 | 661 | 1,247 | |||
| Finance income | 84 | 28 | 65 | |||
| Finance expense | (31) | (34) | (55) | |||
| Net finance income/(expense) | 3 | 53 | (6) | 10 | ||
| Share of after tax profit of associates and joint ventures | 57 | 24 | 44 | |||
| Profit on ordinary activities before taxation | 820 | 679 | 1,301 | |||
| Taxation | 4 | (148) | (99) | (191) | ||
| Profit after tax from continuing operations | 672 | 580 | 1,110 | |||
| Discontinued operations – Brokerage | 5 | 1,799 | 40 | 174 | ||
| Profit for the period | 2,471 | 620 | 1,284 | |||
| Attributable to: | ||||||
| Equity holders of the Company | 2,473 | 619 | 1,285 | |||
| Equity minority interests | (2) | 1 | (1) | |||
| 2,471 | 620 | 1,284 | ||||
| Earnings per share | 6 | |||||
| From continuing operations: | ||||||
| Basic | 35.1c | 31.5c | 59.9c | |||
| Diluted | 34.1c | 29.2c | 55.4c | |||
| From discontinued operations: | ||||||
| Basic | 94.1c | 2.2c | 9.4c | |||
| Diluted | 90.5c | 1.9c | 8.5c | |||
| From continuing and discontinued operations: | ||||||
| Basic | 129.2c | 33.7c | 69.3c | |||
| Diluted | 124.6c | 31.1c | 63.9c | |||
| Memo: | ||||||
| Dividends paid in the period | $250m | $167m | $306m | |||
| Proposed dividend per ordinary share+ | 16.8c | 7.3c | 20.0c | |||
| * The restatement in
the comparative period for the half year to 30 September 2006 relates
to the classification of Brokerage as a discontinued operation. The restatement presents the post-tax result of the discontinued operation as a single amount on the Group Income Statement. In determining the post-tax result of the discontinued operation only those central costs that were eliminated on disposal are allocated to the discontinued operation. In addition, interest income on loans to fund products has been reclassified as revenue instead of finance income. The comparative periods have been restated accordingly. See note 1 for further details. + Assuming shareholders approve the ordinary share capital consolidation on a 7 for 8 basis at an EGM to be held on 23 November 2007, the dividend relating to the half year to 30 September 2007 will be 19.2 cents per consolidated share. |
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