directors report and accounts 2006 - Group income statement for the year ended 31 December

 
 

 Group income statement for the year ended 31 December

 Notes2006
£m
2005 restated £m
Gross turnover (including duty, excise and other taxes  25,189 23,984
of £15,427 million (2005: £14,659 million))   
Revenue2 9,762 9,325
Raw materials and consumables used (2,861)(2,760)
Changes in inventories of finished goods and work in progress (11)(2)
Employee benefit costs3a(1,554)(1,557)
Depreciation and amortisation costs3b(401)(383)
Other operating income3c181 179
Other operating expenses3d(2,494)(2,382)
Profit from operations2 2,622 2,420
after (charging) / crediting   
- restructuring costs3e(216)(271)
- (losses) / gains on disposal of a business, brands and joint venture3f41 72
    
Finance income 110 118
Finance costs (399)(346)
Net finance costs4 (289)(228)
Share of post-tax results of associates and joint ventures5 431 392
after (charging) / crediting   
- restructuring costs5  (13)
- US Federal tobacco buy-out5  (12)
- brand impairments5 (13)(29)
- exceptional tax credits and other impairments5 17 57
    
Profit before taxation 2,764 2,584
Taxation on ordinary activities6 (716)(690)
Profit for the year 2,048 1,894
Attributable to:   
Shareholders' equity 1,896 1,767
Minority interests 152 127
Earnings per share :   
Basic7 92.08p 84.34p
Diluted7 91.33p 83.66p

All of the activities during both years are in respect of continuing operations. The effect of changes in the Group is given in note 26

Prior year results have been restated in accordance with the amendment to IAS21 as detailed in note 4.