Consolidated Income Statement

For the Year ended 31 March 2010

 

  Notes 31 March
2010
€’000
31 March
2009
€’000
       
Revenue, including share of joint ventures   267,458 334,468
Less: share of joint ventures’ revenue   (22,727) (24,989)
GROUP REVENUE 1 244,731 309,479
       
Operating expenses   (248,513) (248,871)
Distribution expenses   (11,264) (15,385)
Administrative expenses      
- Administrative expenses 2 (116,322) (117,323)
- Impairment of goodwill, intangible and other assets 2 (147,906) (958)
Total Administrative expenses   (264,228) (118,281)
Other operating income, net 3 5,448 6,833
OPERATING LOSS BEFORE SHARE OF PROFIT/(LOSS) OF EQUITY ACCOUNTED INVESTEES   (273,826) (66,225)
Share of profit/(loss) of equity accounted investees 15 13,359 (2,013)
OPERATING LOSS BEFORE FINANCING COSTS   (260,467) (68,238)
       
Finance income 7 7,263 42,696
Finance costs 7 (13,991) (15,905)
NET FINANCING COSTS   (6,728) 26,791
       
LOSS BEFORE TAX FROM CONTINUING OPERATIONS 1 (267,195) (41,447)
       
Income tax 8 17,240 3,909
LOSS FROM CONTINUING OPERATIONS   (249,955) (37,538)
Loss from discontinued operations (net of tax) 4 (35,581) (8,097)
LOSS FOR THE YEAR   (285,536) (45,635)
       
Attributable to:      
Equity holders of the parent   (210,596) (22,361)
Minority interest   (74,940) (23,274)
LOSS FOR THE YEAR   (285,536) (45,635)
       
Earnings per share – basic (cent)      
- continuing operations   (87.1) (6.8)
- discontinued operations   (17.5) (3.7)
- total   (104.6) (10.5)
Earnings per share – diluted (cent)      
- continuing operations   (87.1) (6.8)
- discontinued operations   (17.5) (3.7)
- total   (104.6) (10.5)

 

The accompanying notes form an integral part of these financial statements.

 

On behalf of the Board

 

Tom Roche

Director

Jim Barry

Director

 

Approved by the Directors on 1 November 2010