Annual report & review 2006 - Shopic.com
Annual report & review 2006 - Shopic.com
Annual report & review 2006 - Shopic.com
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Summary financial statements<br />
CONSOLIDATED PROFIT & LOSS ACCOUNT<br />
Note <strong>2006</strong> 2005<br />
€m €m<br />
Turnover 2 4,593.5 4,393.6<br />
Group Operating profit 3 104.9 101.0<br />
Provisions for losses and losses arising on disposal of fixed assets 4 (5.4) (4.3)<br />
Profit on ordinary activities before interest and taxation 99.5 96.7<br />
Net interest payable and in<strong>com</strong>e from financial assets (18.5) (25.8)<br />
Profit before taxation 81.0 70.9<br />
Taxation 5 (20.3) (16.6)<br />
Profit for the financial year 60.7 54.3<br />
Dividends 6 (15.5) (14.7)<br />
Profit retained in year 45.2 39.6<br />
On behalf of the board<br />
Chris Martin<br />
Group Chief Executive Officer<br />
Tim Kenny<br />
Group Finance Director<br />
52<br />
Musgrave Group Plc <strong>Annual</strong> Report & Review <strong>2006</strong>
Change language