Next Fifteen Communications group - Annual Report 2007
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05/ The new gold rush?
Consolidated profit and loss account

For the year ended 31 July 2007

 

 

Note 2007
£'000
  2007
£'000
  2006
(restated)*
£'000
  2006
(restated)*
£'000
 
Turnover 2     69,422       63,278  
Other external charges       (10,154 )     (7,271 )
Net revenue 2     59,268       56,007  
Staff costs 3 39,930       38,735      
Depreciation 6 1,465       1,449      
Amortisation and amounts written off intangible assets 6 826       727      
Reorganisation costs 4 295       700      
Other operating charges   11,852       11,302      

 

      (54,368 )     (52,913 )
Group operating profit       4,900       3,094  
Share of operating profit of associate       56       174  
Profit on ordinary activities before interest       4,956       3,268  
Interest receivable and similar income 5     113       47  
Interest payable and similar charges 5     (596 )     (312 )
Profit on ordinary activities before taxation 2,6,7     4,473       3,003  
Taxation on profit on ordinary activities 8     (1,746 )     (1,494 )
Profit on ordinary activities after taxation       2,727       1,509  
Minority interest       (241 )     (179 )
Profit attributable to shareholders       2,486       1,330  
Earnings per share 11                
Basic       5.08p       2.86p  
Diluted       4.99p       2.77p  

*See note 1 - Foreign currencies

All amounts relate to continuing activities.

There is no difference between the profit reported above and the historical cost result.
 
The notes form part of these financial statements.

© 2007 Next Fifteen Communications Group plc