for 1 January to 30 September 2009 - Bakkavor

Condensed Consolidated Interim Income Statement
for the period 1 January to 30 September 2009
Notes
2009 2008
Before Restructuring, Total Before Restructuring, Total
refinancing and
refinancing and
other gains and
other gains and
losses
losses
restructuring,
refinancing and
other gains and
losses
Period
1 January - 30 September
restructuring,
refinancing and
other gains and
losses
Period
1 January - 30 September
Net sales ...................................................... 4 1,261.9 1,261.9 1,205.8 1,205.8
Cost of sales ................................................ (987.0) (987.0) (947.1) (947.1)
Gross profit ...............................
274.9 274.9 258.7 258.7
Operating expenses ................................... (207.6) (207.6) (199.0) (199.0)
Restructuring costs .................................... 5 (5.0) (5.0) (4.8) (4.8)
Share of profit (loss) in associates ........... 0.9 0.9 (0.3) (0.3)
(206.7) (5.0) (211.7) (199.3) (4.8) (204.1)
Operating profit .........................
68.2 (5.0) 63.2 59.4 (4.8) 54.6
Net finance costs ....................................... 6 (61.0) (9.6) (70.6) (47.9) (1.7) (49.6)
Other gains and losses ............................. 7 5.7 5.7 2.8 2.8
Loss on other assets .................................. 8 (4.5) (4.5) (62.5) (62.5)
(61.0) (8.4) (69.4) (47.9) (61.4) (109.3)
Profit (loss) before tax .................
7.2 (13.4) (6.2) 11.5 (66.2) (54.7)
Income tax .................................................. 6.3 4.1 10.4 (2.2) 1.0 (1.2)
Profit (loss) for the period .............
13.5 (9.3) 4.2 9.3 (65.2) (55.9)
Attributable to:
Shareholders of Bakkavör Group hf. ...... 2.7 (56.8)
Minority interest ......................................... 1.5 0.9
4.2 (55.9)
Earnings (loss) per share (GBP pence) ... 9 0.1 (2.6)
Amounts in GBP millions
5