Annual Report and Accounts 2006 - DCC plc

108 notes to the financial statements47. Reconciliations from Irish GAAP to IFRS - continued(3) Group income statement for the year ended 31 March 2005 - reconciliation from Irish GAAP to IFRSIFRS 2Share IAS 19 IFRS 3Previous based Employee Business Joint RestatedIrish GAAP payment benefits combinations Associates ventures IAS 21 Other under IFRS€’000 €’000 €’000 €’000 €’000 €’000 €’000 €’000 €’000Revenue 2,627,927 16,801 2,644,728Cost of sales (2,248,576) (9,624) (2,258,200)Gross profit 379,351 - - - - 7,177 - - 386,528Operating cost (269,670) (1,003) 1,622 (5,387) (277) (274,715)Exceptional items - Irish GAAP (3,815) (3,815)Exceptional items - IFRS - (12,152) (12,152)Goodwill amortisation (10,089) 10,089Amortisation of intangible assets - (1,261) (1,261)Share of associates' operating profit 21,855 (20,065) (1,790) -Operating profit 117,632 (1,003) 1,622 8,828 (20,065) - - (12,429) 94,585Non operating net exceptional items - Irish GAAP (12,152) 12,152 -Net finance costs (5,576) (423) 305 (5,694)Foreign exchange losses onintercompany financing loans* - (4,809) (4,809)Share of associates' profit after tax - 16,807 16,807Profit on ordinary activities before taxation 99,904 (1,003) 1,199 8,828 (2,953) - (4,809) (277) 100,889Taxation (15,115) 166 (144) 2,953 33 (12,107)Profit for the financial year 84,789 (837) 1,055 8,828 - - (4,809) (244) 88,782Attributable to:Equity holders of the Company 83,767 (837) 1,055 8,828 - - (4,809) (244) 87,760Minority interest 1,022 1,02284,789 (837) 1,055 8,828 - - (4,809) (244) 88,782Basic earnings per share (cent) 104.69c (1.05c) 1.32c 11.03c (6.01c) (0.30c) 109.68cAdjusted earnings per share (cent)** 137.25c (1.05c) 1.32c (0.30c) 137.22c* treated as an exceptional item** before exceptional items and amortisation