Annual Report 2010 in PDF - BBA Aviation

Financial statements Consolidated Income Statement
85 Independent Auditor’s
Report to the Members of
BBA Aviation plc in Respect 2010 2009
of the Consolidated
Financial Statements
Exceptional
Underlying* Items Total
Exceptional
Underlying* Items Total
86 Consolidated Income
Statement
Notes £m £m £m £m £m £m
87 Consolidated Statement of
Comprehensive Income
Revenue
Cost of sales
1 1,183.0
(955.7)
88 Consolidated Balance Sheet Gross profit 227.3 – 227.3 205.3 – 205.3
89 Consolidated Cash Flow
Statement
90
Consolidated Statement of
Changes in Equity
91 Accounting Policies of
the Group
95 Notes to the Consolidated
–
–
1,183.0
(955.7)
1,080.8
(875.5)
–
–
1,080.8
(875.5)
Distribution costs (21.0) – (21.0) (18.3) – (18.3)
Administrative expenses
Other operating income
Share of profit of associates
Other operating expenses (0.1) (2.3) (2.4) (0.7) (8.0) (8.7)
Financial Statements Restructuring costs – (4.2) (4.2) – (6.0) (6.0)
Loss on disposal of businesses
– – – – (0.4) (0.4)
BBA Aviation plc in Respect Operating profit 1,2 110.6 (10.2) 100.4 100.5 (18.2) 82.3
126 Independent Auditor’s
Report to the Members of
of the Parent Company
Financial Statements
127 Company Balance sheet
128 Accounting Policies of
Investment income
Finance costs
the Company Profit before tax 95.4 (10.2) 85.2 78.2 (18.2) 60.0
129 Notes to the Company
Financial Statements
3
3
(100.0)
3.3
1.1
4.2
(19.4)
(3.7)
–
–
–
–
(103.7)
3.3
1.1
Tax 4 (20.3) 0.1 (20.2) (17.0) 2.5 (14.5)
134 Principal Subsidiary
Undertakings Profit for the period 75.1 (10.1) 65.0 61.2 (15.7) 45.5
135 Five Year Summary
136 Shareholder Information Attributable to:
Equity holders of the parent 75.2 (10.1) 65.1 61.1 (13.2) 47.9
Non-controlling interest (0.1) – (0.1) 0.1 (2.5) (2.4)
75.1 (10.1) 65.0 61.2 (15.7) 45.5
86 — Consolidated Financial Statements
Earnings per share
Basic
Diluted
6
6
Adjusted
17.6p
17.0p
4.2
(19.4)
Unadjusted
15.2p
14.7p
(87.6)
0.7
1.1
7.9
(30.2)
Adjusted
14.6p
14.3p
(3.8)
–
–
–
–
(91.4)
0.7
1.1
7.9
(30.2)
Unadjusted
* Before exceptional items
Exceptional items are items which are material or non-recurring in nature, costs relating to acquisitions and the amortisation of acquired intangibles, as set out in note 2 to the Consolidated
Financial Statements.
11.4p
11.2p