Income Statement: Half Year 2021

For half year ended 30 June 2021

    Six months ended 30 June 2021 Six months ended 30 June 2020 Year ended 31 December 2020
    Results before specific adjusting items Specific adjusting items1 Total Results before specific adjusting items Specific adjusting items1 Total Results before specific adjusting items Specific adjusting items1 Total
  Note £m £m £m £m £m m £m £m £m
Revenue 3 461.2 - 461.2 477.8 - 477.8 910.7 - 910.7
Operating costs before amortisation of intangible assets   (402.1) 3.7 (398.4) (424.9) (68.9) (493.8) (819.0) (87.4) (906.4)

Profit/(loss) from operations before amortisation of intangible assets

3

59.1 3.7 62.8 52.9

(68.9)

(16.0)

91.7

(87.4)

4.3

Amortisation of intangible assets

 

(2.6) - (2.6) (3.7)

-

(3.7)

(6.1)

-

(6.1)

Operating profit/(loss)

3

56.5 3.7 60.2 49.2

(68.9)

(19.7)

85.6

(87.4)

(1.8)

Finance income   0.4 - 0.4 0.5 - 0.5 0.9 - 0.9
Finance expense   (4.8) - (4.8) (6.4) - (6.4) (12.8) - (12.8)
Net financing costs 5 (4.4) - (4.4) (5.9) - (5.9) (11.9) - (11.9)
Share of profit of associate (net of income tax)   0.4 - 0.4 0.1 - 0.1 0.6 - 0.6
Profit/(loss) before taxation   52.5 3.7 56.2 43.4 (68.9) (25.5) 74.3 (87.4) (13.1)
Income tax (charge)/credit 6 (14.4) 0.3 (14.1) (11.7) 10.2 (1.5) (20.2) 13.3 (6.9)
Profit/(loss) from continuing operations   38.1 4.0 42.1 31.7 (58.7) (27.0) 54.1 (74.1) (20.0)
Profit from discontinued operations 7 - - - - 0.8 0.8 - 2.0 2.0
Profit/(loss) for the period   38.1 4.0 42.1 31.7 (57.9) (26.2) 54.1 (72.1) (18.0)

Profit/(loss) for the period attributable to:

Shareholders of the Company

  33.6 4.0 37.6 29.1 (56.5) (27.4) 48.1 (70.6) (22.5)
Non-controlling interests   4.5 - 4.5 2.6 (1.4) 1.2 6.0 (1.5) 4.5
Profit for the period   38.1 4.0 42.1 31.7 (57.9) (26.2) 54.1 (72.1) (18.0)

Earnings per share

Continuing and discontinued operations

8                  
Basic earnings/(loss) per share       13.2p     (9.6)p     (7.9)p
Diluted earnings/(loss) per share       13.1p     (9.6)p     (7.9)p
Continuing operations                    
Basic earnings/(loss) per share       13.2p     (9.9)p     (8.6)p
Diluted earnings/(loss) per share       13.1p     (9.9)p     (8.6)p
Dividends2                    

Interim dividend

- pence

      3.20p     -     2.00p
- £m       9.1     -     5.7

Proposed final dividend

- pence

                  3.50p
- £m                   10.0
1. Details of specific adjusting items are given in note 4 to the condensed consolidated financial statements.
2. The proposed interim and approved final dividends are based upon the number of shares outstanding at the balance sheet date.