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Pennon Group Plc Annual Report 2011

Financial statements

Consolidated income statement

For the year ended 31 March 2011

Notes 2011
£m
2010
(Restated
note 5)
£m
Revenue 6 1,159.2 1,068.9
Operating costs
Manpower costs 7 (148.3) (137.3)
Raw materials and consumables used (121.6) (76.3)
Other operating expenses (486.7) (453.6)
Depreciation and amortisation (141.7) (135.4)
Operating profit 6 260.9 266.3
Finance income 8 45.1 34.4
Finance costs 8 (121.8) (116.0)
Share of post-tax profit from joint ventures 4.3 1.1
Profit before tax 6 188.5 185.8
Taxation 9 (16.9) (44.3)
Profit for the year 171.6 141.5
Profit attributable to equity shareholders 171.6 141.5
Earnings per share (pence per share) 11
– Basic 48.4 40.4
– Diluted 48.1 40.3

The notes to the financial statements form part of these financial statements.