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Annual Report 2012 - Cadogan

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CONSOLIDATED PROFIT AND LOSS ACCOUNT 31 DECEMBER <strong>2012</strong><br />

Note <strong>2012</strong> 2011<br />

£000 £000<br />

turnover<br />

Continuing operations<br />

Acquisitions<br />

Group turnover<br />

Cost of sales<br />

Gross Profit<br />

Administrative expenses<br />

Movements in provision for diminution of value<br />

operating Profit<br />

Continuing operations<br />

Acquisitions<br />

Profit on sale of investment properties<br />

113,845 102,074<br />

2,604 3,850<br />

2 116,449 105,924<br />

(34,086) (27,865)<br />

82,363 78,059<br />

(17,295) (10,786)<br />

3 3,919 15,960<br />

6<br />

68,795 82,073<br />

192 1,160<br />

68,987 83,233<br />

4 17,293 17,155<br />

Profit on ordinary activities before interest<br />

Interest receivable<br />

Interest payable<br />

Profit on ordinary activities before taxation<br />

Tax on profit on ordinary activities<br />

Profit on ordinary activities after taxation attributable to shareholders<br />

Dividends<br />

Retained Profit for the Year<br />

earnings Per share<br />

86,280 100,388<br />

733 857<br />

5 (29,677) (29,664)<br />

57,336 71,581<br />

8 (8,218) (10,696)<br />

49,118 60,885<br />

9 (34,000) (30,000)<br />

10 15,118 30,885<br />

11 40.9p 50.7p<br />

Notes 1 to 25 form an integral part of these financial statements.<br />

22

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