Consolidated income statement
For the year ended December 31, 2010
| Notes | 2010 £m |
2009 £m |
|
|---|---|---|---|
| Revenue | 2 | 11,085 | 10,414 |
| Cost of sales | (8,885) | (8,303) | |
| Gross profit | 2,200 | 2,111 | |
| Other operating income | 95 | 89 | |
| Commercial and administrative costs | (836) | (740) | |
| Research and development costs | (422) | (379) | |
| Share of results of joint ventures and associates | 10 | 93 | 93 |
| Operating profit | 1,130 | 1,174 | |
| Profit/(loss) on disposal of businesses | 24 | 4 | (2) |
| Profit before financing and taxation | 2 | 1,134 | 1,172 |
| Financing income | 3 | 453 | 2,276 |
| Financing costs | 3 | (885) | (491) |
| Net financing | (432) | 1,785 | |
| Profit before taxation1 | 702 | 2,957 | |
| Taxation | 4 | (159) | (740) |
| Profit for the year | 543 | 2,217 | |
| Attributable to: | |||
| Ordinary shareholders | 539 | 2,221 | |
| Non-controlling interests | 4 | (4) | |
| Profit for the year | 543 | 2,217 | |
| Earnings per ordinary share attributable to shareholders: | 5 | ||
| Basic | 29.20p | 120.38p | |
| Diluted | 28.82p | 119.09p | |
| Payments to ordinary shareholders in respect of the year | 16 | ||
| Per share | 16.0p | 15.0p | |
| Total | 299 | 278 | |
| 1 Underlying profit before taxation | 2 | 955 | 915 |