Annual report and financial statements 2008

Consolidated income statement

	Notes	52 weeks ended 29 March 2008 £m	52 weeks ended 31 March 2007 £m
Revenue – continuing operations	2, 3	9,022.0	8,588.1
Operating profit – continuing operations	2, 3	1,211.3	1,045.9
Finance income	5	64.4	33.8
Finance costs	5	(146.6)	(143.0)
Analysed between:
Before exceptional finance costs	5	(146.6)	(112.6)
Exceptional finance costs		–	(30.4)
Profit on ordinary activities before taxation – continuing operations	4	1,129.1	936.7
Analysed between:
Before property disposals and exceptional items		1,007.1	965.2
Profit on property disposals	3	27.0	1.9
Exceptional pension credit	2, 11	95.0	–
Exceptional finance costs	5	–	(30.4)
Income tax expense	6	(308.1)	(277.5)
Profit on ordinary activities after taxation – continuing operations		821.0	659.2
Profit from discontinued operation	7	–	0.7
Profit for the year		821.0	659.9
Attributable to:
Equity shareholders of the Company		821.7	659.9
Minority interests		(0.7)	–
		821.0	659.9
Basic earnings per share	8A	49.2p	39.1p
Diluted earnings per share	8B	48.7p	38.5p
Basic earnings per share from continuing operations	8A	49.2p	39.1p
Diluted earnings per share from continuing operations	8B	48.7p	38.5p

Non-GAAP measure:
Adjusted profit before taxation (£m)	1	1,007.1	965.2
Adjusted basic earnings per share from continuing operations	8A	43.6p	40.4p
Adjusted diluted earnings per share from continuing operations	8B	43.2p	39.8p