Consolidated income statement
for the years ended 31 March

	Notes	2009 £m	2009 £m	2008* £m	2008* £m	2007 £m	2007 £m
Revenue	1(a)		15,624		11,423		8,695
Other operating income	2		63		75		83
Operating costs	3		(13,064)		(8,534)		(6,265)
Operating profit
Before exceptional items, remeasurements and stranded cost recoveries	1(b)	2,915		2,595		2,031
Exceptional items, remeasurements and stranded cost recoveries	4	(292)		369		482
Total operating profit	1(b)		2,623		2,964		2,513
Interest income and similar income	6		1,315		1,275		1,144
Interest expense and other finance costs
Before exceptional items and remeasurements	6	(2,465)		(2,045)		(1,691)
Exceptional items and remeasurements	4,6	(84)		(16)		(217)
	6		(2,549)		(2,061)		(1,908)
Share of post-tax results of joint ventures and associates			5		4		2
Profit before taxation
Before exceptional items, remeasurements and stranded cost recoveries		1,770		1,829		1,486
Exceptional items, remeasurements and stranded cost recoveries	4	(376)		353		265
Total profit before taxation			1,394		2,182		1,751
Taxation
Before exceptional items, remeasurements and stranded cost recoveries	7	(517)		(579)		(442)
Exceptional items, remeasurements and stranded cost recoveries	4,7	45		(28)		1
Total taxation	7		(472)		(607)		(441)
Profit from continuing operations after taxation
Before exceptional items, remeasurements and stranded cost recoveries		1,253		1,250		1,044
Exceptional items, remeasurements and stranded cost recoveries	4	(331)		325		266
Profit for the year from continuing operations			922		1,575		1,310
Profit for the year from discontinued operations
Before exceptional items and remeasurements	8	9		28		104
Exceptional items and remeasurements	8	16		1,590		(18)
	8		25		1,618		86
Profit for the year			947		3,193		1,396
Attributable to:
Equity shareholders of the parent			944		3,190		1,394
Minority interests			3		3		2
			947		3,193		1,396
Earnings per share from continuing operations
Basic	10		37.4p		60.3p		48.1p
Diluted	10		37.1p		59.9p		47.8p
Earnings per share
Basic	10		38.5p		122.3p		51.3p
Diluted	10		38.2p		121.6p		50.9p

*

Comparatives have been restated for the finalisation of the fair value exercise on the acquisition of KeySpan Corporation (see note 28)

The notes form part of the consolidated financial statements.

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