Annual Report & Accounts 2007

Consolidated income statement

Notes 2007
£m
2006
£m
Turnover – amounts invoiced to clients 9,351.2 8,230.2
Revenue 4 1,106.4 996.9
Cost of sales (159.8) (144.8)
Gross profit 946.6 852.1
Operating expenses (804.5) (725.2)
Operating profit 4 142.1 126.9
Share of results of associates 6.4 (2.7)
Profit before interest and tax 148.5 124.2
Investment income 8 13.6 11.8
Finance costs 9 (28.6) (22.5)
Net financial costs (15.0) (10.7)
Profit before tax 133.5 113.5
Tax 10 (39.1) (33.4)
Profit for the financial year 94.4 80.1
Attributable to:
Equity holders of the parent 89.6 76.3
Minority interests 4.8 3.8
94.4 80.1
Earnings per ordinary share:
Basic (pence) 12 7.9 6.8
Diluted (pence) 12 7.9 6.8
Underlying results:
Underlying profit before interest and tax 4 149.4 133.8
Underlying profit before tax 4 132.7 116.2