Consolidated income statement for the years ended 31 March

Consolidated income statement (36 KB)

  Notes   2010
£m
2010
£m
  2009
£m
2009
£m
  2008
£m
2008
£m
Revenue
1(a)
    13,988     15,624     11,423
Other operating income       19     63     75
Operating costs
2
    (10,714)     (13,064)     (8,534)
Operating profit                    
Before exceptional items, remeasurements and stranded cost recoveries
1(b)
  3,121     2,915     2,595  
Exceptional items, remeasurements and stranded cost recoveries
3
  172     (292)     369  
Total operating profit
1(b)
    3,293     2,623     2,964
Interest income and similar income
5
    1,005     1,315     1,275
Interest expense and other finance costs                    
Before exceptional items and remeasurements
5
  (2,160)     (2,465)     (2,045)  
Exceptional items and remeasurements
3,5
  47     (84)     (16)  
Total interest expense and other finance costs
5
    (2,113)     (2,549)     (2,061)
Share of post-tax results of joint ventures and associates
15
    8     5     4
Profit before taxation                    
Before exceptional items, remeasurements and stranded cost recoveries
1(b)
  1,974     1,770     1,829  
Exceptional items, remeasurements and stranded cost recoveries
3
  219     (376)     353  
Total profit before taxation
1(b)
    2,193     1,394     2,182
Taxation                    
Before exceptional items, remeasurements and stranded cost recoveries
6
  (553)     (517)     (579)  
Exceptional items, remeasurements and stranded cost recoveries
3,6
  (251)     45     (28)  
Total taxation
6
    (804)     (472)     (607)
Profit from continuing operations after taxation                    
Before exceptional items, remeasurements and stranded cost recoveries     1,421     1,253     1,250  
Exceptional items, remeasurements and stranded cost recoveries
3
  (32)     (331)     325  
Profit for the year from continuing operations       1,389     922     1,575
Profit for the year from discontinued operations                    
Before exceptional items and remeasurements
7
      9     28  
Exceptional items and remeasurements
7
      16     1,590  
Profit for the year from discontinued operations
7
        25     1,618
Profit for the year       1,389     947     3,193
Attributable to:                    
Equity shareholders of the parent       1,386     944     3,190
Minority interests       3     3     3
        1,389     947     3,193
Earnings per share from continuing operations*                    
Basic
9
    56.1p     36.9p     59.5p
Diluted
9
    55.8p     36.6p     59.1p
Earnings per share*                    
Basic
9
    56.1p     37.9p     120.7p
Diluted
9
    55.8p     37.6p     120.0p
*
Comparative EPS data have been restated to reflect the impact of the additional shares issued as scrip dividends

The notes form part of the consolidated financial statements.

Back to top