Mid Kent Holdings plc Financials: Group profit & loss account

Group profit and loss account

for the years ended 31 March

Notes		2000 £000	1999 £000
1	Turnover Existing operations Acquisitions	49,846 6,502	46,665 –
2	Operating costs	56,348 36,331	46,665 28,080
1,3	Operating profit Existing operations Acquisitions	19,292 725	18,585 –
	Profit on sale of fixed assets	20,017 838	18,585 387
6	Profit on ordinary activities before interest Interest receivable Interest payable and similar charges	20,855 – (1,302)	18,972 51 (759)
7	Profit on ordinary activities before taxation Tax on profit on ordinary activities	19,553 4,862	18,264 2,499
23	Profit on ordinary activities after taxation Minority interests	14,691 161	15,765 16
8	Profit for the year Ordinary dividends	14,530 6,263	15,749 6,332
	Retained profit for the year	8,267	9,417
9	Earnings per ordinary share Adjusted Basic Diluted based on unadjusted profit for the year	80.0p 84.0p 83.5p	76.2p 91.2p 89.3p
8	Dividends per ordinary share	36.30p	36.55p
All turnover and operating profit is derived from continuing operations. Details of movements in reserves are given in notes 20 to 22. All recognised gains and losses are included in the profit and loss account for the year. The accounting policies and notes 1-31 in the Financials section form part of these accounts.