Financial highlights for the year ended 26 December 2014.

Financial highlights20142013Increase %

  1. Underlying profit is calculated as profit (or loss) excluding profit (or loss) on sale of fixed assets, external transaction costs and exceptional items.
  2. Underlying earnings per share is calculated as profit (or loss) on ordinary activities after taxation, before profit (or loss) on sale of fixed assets and external transaction costs and exceptional items (all net of tax), divided by the weighted average number of Ordinary Shares in issue in the period.
  3. Cash generated from operations excludes external transaction costs and pension contributions made from the proceeds of debt issues.
  4. As previously announced, non-cash charges resulting from the refinancing during the period have led to a reported statutory loss.
  5. Interim dividend represents the interim dividend that was declared and paid in the period out of earnings generated in the same period.
  6. An interim dividend was not paid separately in 2013, but was instead included within the £1.08 Return of Cash per Ordinary Share paid in August 2013.
  7. The final dividend represents the final dividend that was declared and paid in the period relating to the earnings generated in the previous period.
Revenue (£million) 268.9 256.7 5
Underlying operating profit(a) (£million) 84.9 78.4 8
Underlying profit before tax(a) (£million) 58.5 52.9 11
Underlying earnings per share(b) (pence) 85.8 72.1 19
Cash generated from operations(c) (£million) 104.4 94.2 11
Operating profit (£million) 82.9 75.1 10
(Loss)/Profit before tax(d) (£million) (67.7) 49.6 n/a
Basic earnings per share(d) (pence) (104.0) 72.8 n/a
Interim dividend(e,f) (pence) 6.49 - n/a
Final dividend paid in the period(g) (pence) 11.83 10.75 10
Return of Cash (£million) 64.4 61.9 4