 |
Consolidated income statement
Year ended 31 December 2006
|
2006
US$m(1) |
|
2006
£m |
|
2005
£m |
| |
Sales |
16,441 |
|
8,401 |
|
8,214 |
Duty |
(11,091) |
|
(5,667) |
|
(5,611) |
Other cost of goods sold |
(3,123) |
|
(1,596) |
|
(1,510) |
Cost of goods sold |
(14,214) |
|
(7,263) |
|
(7,121) |
Gross profit |
2,227 |
|
1,138 |
|
1,093 |
Distribution, advertising and selling costs |
(683) |
|
(349) |
|
(340) |
Administrative expenses |
(340) |
|
(174) |
|
(158) |
Other income |
29 |
|
15 |
|
4 |
Operating profit |
1,233 |
|
630 |
|
599 |
Share of post-tax results of joint ventures and associates |
59 |
|
30 |
|
17 |
Total profit from operations(2) |
1,292 |
|
660 |
|
616 |
Interest and other finance income |
157 |
|
80 |
|
77 |
Interest and other finance expense |
(343) |
|
(175) |
|
(177) |
Finance costs - net |
(186) |
|
(95) |
|
(100) |
Profit before taxation |
1,106 |
|
565 |
|
516 |
Taxation |
(307) |
|
(157) |
|
(144) |
Profit for the year |
799 |
|
408 |
|
372 |
Attributable to: |
|
|
|
|
|
Equity shareholders |
789 |
|
403 |
|
369 |
Minority interests |
10 |
|
5 |
|
3 |
|
799 |
|
408 |
|
372 |
Earnings per share for profit attributable to equity shareholders (see note 7 in news release) |
|
|
|
|
|
Basic |
120.6c |
|
61.6p |
|
56.5p |
Diluted |
120.2c |
|
61.4p |
|
56.4p |
Adjusted |
128.8c |
|
65.8p |
|
63.1p |
- US dollar equivalents are provided for reader convenience at the 31 December 2006 exchange rate of £1 : US$1.957.
- Details of the exceptional items are set out in note 3. Excluding the impact of net exceptional items of £13m (2005 : £35m) and amortisation of intangible assets of £19m (2005 : £19m), total profit from operations is £692m (2005 : £670m).
Source : Final results 2006 news release
|