GKN PLC

Annual Report and Accounts
for the year ended 31 December 2007

 

Consolidated Income Statement

For the year ended 31 December 2007
Notes
1
2007
£m
2006
Restated
£m
Sales 2 3,869 3,634
Trading profit 277 251
Restructuring and impairment charges (31) (74)
Amortisation of non-operating intangible assets arising on business combinations (8) (3)
Profits and losses on sale or closures of businesses (7) (4)
Changes in fair value of derivative financial instruments (10) 33
Operating profit 3 221 203
Share of post-tax earnings of joint ventures 12 24 17
Interest payable (62) (57)
Interest receivable 19 23
Other net financing charges (3) (4)
Net financing costs 4 (46) (38)
Profit before taxation 199 182
Taxation 5 (1) (5)
Profit after taxation for the year 198 177
Profit attributable to minority interests 2
Profit attributable to equity shareholders 196 177
198 177
Earnings per share — p 6
Basic 27.9 25.0
Diluted 27.8 24.9
Dividends per share — p 7
Interim dividend per share 4.3 4.1
Final dividend per share 9.2 8.7

All activities in 2007 and 2006 were from continuing operations.

 

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