Consolidated income statement

For the year ended December 31, 2007
	Notes	2007 £m	Restated* 2006 £m
Revenue	2	7,435	7,156
Cost of sales		(6,003)	(5,566)
Gross profit		1,432	1,590
Other operating income	3	50	57
Commercial and administrative costs		(653)	(632)
Research and development costs		(381)	(370)
Share of profit of joint ventures	10	66	47
Operating profit		514	692
(Loss)/profit on sale or termination of businesses	25	(2)	1
Profit before financing	2	512	693
Financing income	4	718	1,196
Financing costs	4	(497)	(498)
Net financing		221	698
Profit before taxation ¹	3	733	1,391
Taxation	5	(133)	(397)
Profit for the year		600	994
Attributable to:
Equity holders of the parent		606	998
Minority interests	20	(6)	(4)
Profit for the year		600	994
Earnings per ordinary share:
Basic	6	33.67p	57.32p
Diluted	6	32.97p	55.14p
Payments to shareholders in respect of the year	16	(237)	(172)
¹ Underlying profit before taxation	2	800	705
* During the year the Group has reviewed the classification of costs. As a result, costs of £39m classified as commercial and administrative costs in 2006 have been reclassified as cost of sales.