Annual report and accounts for the year ended 25 March 2023

Consolidated income statement

YEAR ENDED 25 March 2023

Consolidated income statement

YEAR ENDED 25 March 2023

	Note	Underlying year ended 25 March 2023 £000	Non-underlying year ended 25 March 2023 £000	Total year ended 25 March 2023 £000	Underlying year ended 26 March 2022 £000	Non-underlying year ended 26 March 2022 £000	Total year ended 26 March 2022 £000
Revenue	3	491,753	–	491,753	403,563	–	403,563
Operating costs	4	(458,686)	(4,811)	(463,497)	(376,682)	(5,424)	(382,106)
Operating profit before share of results of JVs and associates		33,067	(4,811)	28,256	26,881	(5,424)	21,457
Share of results of JVs and associates	15	1,898	–	1,898	1,346	–	1,346
Operating profit		34,965	(4,811)	(30,154	28,227	(5,424)	22,803
Net finance expense	7	(2,489)	(558)	(3,047)	(1,129)	(674)	(1,803)
Profit before tax		32,476	(5,369)	27,107	27,098	(6,098)	21,000
Taxation	8	(6,238)	697	(5,541)	(4,795)	(604)	(5,399)
Profit for the year attributable to the equity holders of the parent		26,238	(4,672)	21,566	22,303	(6,702)	15,601

Earnings per share:
Basic	10	8.48p	(1.51)p	6.97p	7.22p	(2.17)p	5.05p
Diluted	10	8.39p	(1.49)p	6.90p	7.19p	(2.16)p	5.03p

Further details of non-underlying items are disclosed in note 5 to the consolidated financial statements.