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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.

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