Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
Description Page - Doosan Power Systems
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DOOSAN BABCOCK ENERGY<br />
Annual Report and Financial Statements 2007<br />
Consolidated profit and loss account<br />
for the period ended 31 December 2007<br />
20<br />
Proforma<br />
12 months 9 months 12 months<br />
ended ended ended<br />
December December March<br />
2007 2007 2007<br />
Notes £000 £000 £000<br />
Turnover 2 471,604 349,884 410,451<br />
Group operating profit 18,179 7,695 8,124<br />
Share of operating loss in associates (235) (178) (168)<br />
Group and share of associates operating profit 3 17,944 7,517 7,956<br />
Net interest receivable 5 4,754 4,046 3,100<br />
Profit on ordinary activities before tax 22,698 11,563 11,056<br />
Tax on profit on ordinary activities 6 (5,310) (3,908) (3,585)<br />
Profit on ordinary activities after tax 17,388 7,655 7,471<br />
Equity minority interests (3) – –<br />
Profit for the period 17 17,385 7,655 7,471<br />
In accordance with the concession granted under Section 230(4) of the Companies Act 1985 the profit and loss account of <strong>Doosan</strong> Babcock Energy<br />
Limited has not been separately presented in these accounts. Included in the profit for the period is the profit of £9,403,000 (March 2007:<br />
£11,503,000) dealt with in the financial statements of the Company.<br />
The accompanying notes are an integral part of this profit and loss account.<br />
All turnover and operating profit arose from continuing operations.