Consolidated income statement

for the year ended 31 March 2012

Notes 2012
£’000
2011
£’000
Continuing operations
Revenue 4 387,316 395,412
Operating expenses 5 (329,546) (355,118)
Operating profit 57,770 40,294
 
Analysed as:
EBITDA before exceptional items 4 77,875 75,963
Exceptional items 7 (8,337)
Depreciation of property, plant and equipment 4 (17,591) (18,464)
Amortisation of intangible assets 4 (2,514) (8,868)
 
Finance costs 9 (6,633) (7,393)
Share of (loss)/profit of associates 17 (15) 11
Profit before taxation 4 51,122 32,912
Taxation 10 (13,395) (10,291)
Profit for the year attributable to equity holders 27 37,727 22,621
Earnings per share from continuing operations
Basic 12 7.41p 4.44p
Diluted 12 7.13p 4.26p

The Company has elected to take the exemption under Section 408 of the Companies Act 2006 not to present the Parent company income statement or statement of comprehensive income.

The profit for the Parent company for the year was £19,786,000 (2011: £26,217,000).