Investors

Group Income Statement

FOR THE YEAR ENDED 31 DECEMBER 2012

	**Results before Exceptional Items 2012**	Exceptional Items 2012	Total 2012	**Results before Exceptional Items 2011**	Exceptional Items 2011	Total 2011
	*£000*	£000	£000	*£000*	£000	£000

Continuing operations
Revenue	120,105	-	120,105	121,551	-	121,551
Operating costs	(96,383)	-	(96,383)	(94,841)	-	(94,841)
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
Operating profit from continuing operations before tax and finance costs	23,722	-	23,722	26,710	-	26,710

Impairment of intangible assets	-	-	-	-	(45,000)	(45,000)
Share of results of associates accounted for using the equity method	129	-	129	136	-	136
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
Profit/(loss) from continuing operations before tax and finance costs	23,851	-	23,851	26,846	(45,000)	(18,154)

Finance revenue	98	-	98	165	-	165
Finance costs	(3,119)	-	(3,119)	(3,653)	-	(3,653)
Foreign exchange gain/(loss)	151	-	151	(15)	-	(15)
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
Profit/(loss) from continuing operations before tax	20,981	-	20,981	23,343	(45,000)	(21,657)

Taxation	(4,407)	(936)	(5,343)	(4,743)	1,142	(3,601)
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
Profit/(loss) from continuing operations after tax	16,574	(936)	15,638	18,600	(43,858)	(25,258)

Discontinued operations
Loss from discontinued operations	-	-	-	(213)	-	(213)
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
Profit/(loss) for the year	16,574	(936)	15,638	18,387	(43,858)	(25,471)
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
Attributable to:
Equity holders of the parent	16,217	(936)	15,281	17,972	(43,858)	(25,886)
Non-controlling interest	357	-	357	415	-	415
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––
	16,574	(936)	15,638	18,387	(43,858)	(25,471)
	–––––––	–––––––	–––––––	–––––––	–––––––	–––––––

*Earnings per share*					2012	2011
*Continuing operations*
Basic					16.05p	(26.94)p
Diluted					15.94p	(26.94)p
Adjusted					17.03p	19.08p
Diluted adjusted					16.92p	18.96p

**Continuing and discontinued operations**
Basic					16.05p	(27.16)p
Diluted					15.94p	(27.16)p
Adjusted					17.03p	18.86p
Diluted adjusted					16.92p	18.74p