Consolidated Income Statement

For the financial year ended 29 February 2020




Year ended 29 February 2020

Year ended 28 February 2019



Before exceptional items

Exceptional items

(note 5)

Total

Before exceptional items

Exceptional items (note 5)

Total


Notes

€m

€m

€m

€m

€m

€m

Revenue

1

2,145.5

-

2,145.5

1,997.3

-

1,997.3

Excise duties


(426.2)

-

(426.2)

(422.4)

-

(422.4)









Net revenue

1

1,719.3

-

1,719.3

1,574.9

-

1,574.9

Operating costs

2

(1,598.5)

(91.0)

(1,689.5)

(1,470.4)

(7.8)

(1,478.2)









Group operating profit/(loss)

1

120.8

(91.0)

29.8

104.5

(7.8)

96.7

Profit on disposal

5

-

0.9

0.9

-

-

-

Finance income

6

0.5

-

0.5

0.1

-

0.1

Finance expense

6

(20.3)

-

(20.3)

(15.7)

-

(15.7)

Share of equity accounted investments’ profit/(loss) after tax

13

3.1

(2.4)

0.7

4.0

(3.3)

0.7









Profit/(loss) before tax


104.1

(92.5)

11.6

92.9

(11.1)

81.8

Income tax (expense)/credit

7

(12.3)

9.8

(2.5)

(10.8)

1.1

(9.7)









Group profit/(loss) for the financial year


91.8

(82.7)

9.1

82.1

(10.0)

72.1

Attributable to:








Equity holders of the parent


91.8

(82.7)

9.1

82.3

(10.0)

72.3

Non-controlling interests


-

-

-

(0.2)

-

(0.2)

Group profit/(loss) for the financial year


91.8

(82.7)

9.1

82.1

(10.0)

72.1









Basic earnings per share (cent)

9



2.9



23.4

Diluted earnings per share (cent)

9



2.9



23.4

All of the results are related to continuing operations.