consolidated income statement for the year ended 31 March 2009
| |
Year ended - 31 March 2009 (£’000)
|
Year ended - 31 March 2008 (£’000)
|
|
Revenue
Cost of sales
|
9,601
(4,477)
|
8,600
(3,851)
|
|
Gross profit
Overheads:
Distribution costs
Administrative expenses (including exceptional costs of £106,000, FY2008: £270,330)
|
5,124
(1,075)
(2,449)
|
4,749
(1,170)
(2,388)
|
|
|
(3,524)
|
(3,558)
|
|
Operating profit
Operating profit before exceptional costs
Share based payment expense
Aborted acquisition costs
Re-organisation costs
Operating profit after exceptional costs
|
1,600
1,706
(106)
-
-
1,600
|
1,191
1,461
(87)
(148)
(35)
1,191
|
|
Finance income
Finance costs
|
179
(2)
|
219
(10)
|
| Net finance income |
177
|
209
|
|
Profit before income tax
Income tax
|
1,777
(54)
|
1,400
576
|
| Profit for the year |
1,723
|
1,976
|
| Attributable to equity holders of the Company |
1,723
|
1,976
|
|
Earnings per ordinary share
Basic
Diluted
|
5.85
5.26
|
6.71
5.99
|
The operating profit for both years arises from the Company’s continuing operations.