nex-ar2015-full

Financial Statements
Group Income Statement
For the year ended 31 31 December 2015 2015
Total before
intangible
amortisation
2015
£m
Intangible
amortisation
2015
£m
Total
2015
£m
Total before
intangible
amortisation and
exceptional items
(restated)*
2014
£m
Intangible
amortisation and
exceptional items
(restated)*
2014
£m
Note
Continuing operations
Revenue 3,5 1,919.8 – 1,919.8 1,867.4 – 1,867.4
Operating costs before intangible
amortisation and exceptional items (1,726.3) – (1,726.3) (1,699.8) – (1,699.8)
Intangible amortisation 5,13 – (25.7) (25.7) – (28.6) (28.6)
Exceptional items 5 – – – – (24.8) (24.8)
Total operating costs 6 (1,726.3) (25.7) (1,752.0) (1,699.8) (53.4) (1,753.2)
Group operating profit 5 193.5 (25.7) 167.8 167.6 (53.4) 114.2
Share of results of associates 17 1.8 – 1.8 0.3 – 0.3
Finance income 3,9 5.9 – 5.9 6.5 – 6.5
Finance costs 9 (51.1) – (51.1) (54.5) – (54.5)
Profit before tax 150.1 (25.7) 124.4 119.9 (53.4) 66.5
Tax charge 10 (28.5) 13.2 (15.3) (21.8) 15.9 (5.9)
Total
2014
£m
Profit for the year 121.6 (12.5) 109.1 98.1 (37.5) 60.6
Profit attributable to
equity shareholders 119.5 (12.5) 107.0 96.6 (37.5) 59.1
Profit attributable to
non-controlling interests 2.1 – 2.1 1.5 – 1.5
121.6 (12.5) 109.1 98.1 (37.5) 60.6
Earnings per share:
– basic earnings per share 12 20.9p 11.6p
– diluted earnings per share 12 20.9p 11.5p
Normalised earnings per share:
– basic earnings per share 12 23.4p 18.9p
– diluted earnings per share 12 23.3p 18.9p
* restated for the reclassification of business development costs from exceptionals as disclosed in note 2.
106 National Express Group PLC Annual Report and Accounts 2015
106