84
IMI plc
For the year ended 31 December 2014
CONSOLIDATED INCOME STATEMENT
2014
2013
Before
Before
exceptional
Exceptional
exceptional
Exceptional
items
items
Total
items
items
Total
Notes
£m
£m
£m
£m
£m
£m
Revenue
2.1.1
1,686
6
1,692
1,744
(1)
1,743
Segmental operating profit
2.1
298.1
298.1
321.6
321.6
Reversal of net economic hedge contract losses/(gains)
2.2.1
3.9
3.9
(5.1)
(5.1)
Restructuring costs
2.2.2
(2.6)
(8.6)
(11.2)
(14.2)
(14.2)
Gains on special pension events
2.2.3
7.0
7.0
-
-
Impairment losses
2.2.4
(40.8)
(40.8)
-
-
Acquired intangible amortisation
2.2.4
(19.6)
(19.6)
(21.9)
(21.9)
Gains on disposal of subsidiaries
2.2.5
34.2
34.2
-
-
Acquisition and disposal costs
2.2.6
(1.8)
(1.8)
(9.9)
(9.9)
Operating profit
295.5
(25.7)
269.8
321.6
(51.1)
270.5
Financial income
4.3
1.1
15.1
16.2
4.2
20.2
24.4
Financial expense
4.3
(15.4)
(21.8)
(37.2)
(20.2)
(17.5)
(37.7)
Net finance charge relating to defined benefit pension schemes
4.5.3.3
(3.1)
(3.1)
(7.9)
(7.9)
Net financial (expense)/income
(17.4)
(6.7)
(24.1)
(23.9)
2.7
(21.2)
Profit before tax
278.1
(32.4)
245.7
297.7
(48.4)
249.3
Taxation
2.4.5
(61.2)
8.3
(52.9)
(65.5)
9.8
(55.7)
Profit from continuing operations after tax
216.9
(24.1)
192.8
232.2
(38.6)
193.6
Profit from discontinued operations after tax
2.5
478.5
478.5
33.4
33.4
Total profit for the year
216.9
454.4
671.3
232.2
(5.2)
227.0
Attributable to:
Owners of the parent
668.5
223.9
Non-controlling interests
4.8
2.8
3.1
Profit for the year
671.3
227.0
Earnings per share
2.3
Basic - from profit for the year
243.4p
71.0p
Diluted - from profit for the year
241.3p
70.1p
Basic - from continuing operations
69.2p
60.4p
Diluted - from continuing operations
68.6p
59.6p
Basic - from adjusted profit for the year
78.0p
72.6p
Diluted - from adjusted profit for the year
77.3p
71.7p
