NATS-Annual-Report-2015

Annual Report and Accounts 2015 | NATS Holdings Limited
Financial Statements 86
Consolidated income
statement
for the year ended 31 March
Before
exceptional
items
2015 2014
Exceptional
items
Result for
the year
Before
exceptional
items
Exceptional
items
Result for
the year
Notes £m £m £m £m £m £m
Revenue 4 922.4 - 922.4 917.6 - 917.6
Staff costs 7 (403.8) (9.2) (413.0) (419.1) (40.8) (459.9)
Services and materials (74.7) - (74.7) (79.3) - (79.3)
Repairs and maintenance (40.6) - (40.6) (36.4) - (36.4)
External research and development (0.1) - (0.1) (0.1) - (0.1)
Depreciation, amortisation and impairment 6 (110.3) (17.0) (127.3) (107.7) (32.0) (139.7)
(Loss)/profit on disposal of non-current assets (0.2) - (0.2) 4.2 - 4.2
Other operating charges (44.8) - (44.8) (40.3) - (40.3)
Other operating income 4.1 - 4.1 0.7 - 0.7
Deferred grants released 6 0.8 - 0.8 0.7 - 0.7
Net operating costs (669.6) (26.2) (695.8) (677.3) (72.8) (750.1)
Operating profit 6 252.8 (26.2) 226.6 240.3 (72.8) 167.5
Share of results of associates
and joint ventures 30 1.0 - 1.0 0.2 - 0.2
Investment revenue 8 4.8 - 4.8 6.0 - 6.0
Fair value movement on
derivative contract 9 1.5 - 1.5 17.7 - 17.7
Finance costs 10 (33.6) - (33.6) (33.9) - (33.9)
Profit before tax 226.5 (26.2) 200.3 230.3 (72.8) 157.5
Tax 11 (45.3) 1.9 (43.4) (37.6) 9.4 (28.2)
Profit for the year attributable
to equity shareholders
181.2 (24.3) 156.9 192.7 (63.4) 129.3
Financial
Statements