Consolidated income statement
For the year ended December 31, 2008
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| Notes | 2008 £m |
2007 £m |
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| Revenue | 2 | 9,082 | 7,435 |
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| Cost of sales | (7,311) | (6,003) | |
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| Gross profit | 1,771 | 1,432 | |
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| Other operating income | 79 | 50 | |
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| Commercial and administrative costs | (666) | (653) | |
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| Research and development costs | (403) | (381) | |
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| Share of profit of joint ventures | 10 | 74 | 66 |
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| Operating profit | 855 | 514 | |
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| Profit/(loss) on sale or termination of businesses | 25 | 7 | (2) |
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| Profit before financing | 2 | 862 | 512 |
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| Financing income | 3 | 432 | 718 |
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| Financing costs | 3 | (3,186) | (497) |
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| Net financing | (2,754) | 221 | |
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| (Loss)/profit before taxation1 | (1,892) | 733 | |
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| Taxation | 4 | 547 | (133) |
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| (Loss)/profit for the year | (1,345) | 600 | |
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| Attributable to: | |||
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| Equity holders of the parent | (1,340) | 606 | |
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| Minority interests | 20 | (5) | (6) |
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| (Loss)/profit for the year | (1,345) | 600 | |
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| Earnings per ordinary share: | |||
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| Basic | 5 | (73.63)p | 33.67p |
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| Diluted | 5 | (73.63)p | 32.97p |
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| Payments to shareholders in respect of the year | 16 | (263) | (237) |
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| 1Underlying profit before taxation | 2 | 880 | 800 |
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