Income statement

Income statement

12 months ended 30 June   2016
£m
2015
£m
Revenue   1,382 1,150
Cost of sales   (1,048) (876)
Gross profit   334 274
Administrative expenses   (73) (61)
Operating profit   261 213
Financial income   3 3
Financial costs   (14) (12)
Net financing costs   (11) (9)
Share of profit of joint ventures after interest and taxation   -
Profit before tax   250 204
Income tax expense   (50) (42)
Profit for the year   200 162
Earnings per share - basic 55.4p 44.5p
  - diluted 55.2p 44.4p

Consolidated Statement of Comprehensive Income

12 months ended 30 June 2016
£m
2015
£m
Profit for the year 200 162
Other comprehensive income
Items that will not be reclassified to profit or loss
Remeasurements of post-employment benefit obligations 8 8
Deferred tax on actuarial (gains)/losses taken directly to equity (2) (2)
Other comprehensive income/(expense) for the year net of tax 6 6
Total comprehensive income for the year 206 168