Annual Report 2015
Year ended 28 February 2015
Year ended 28 February 2014
Notes
Before exceptional items
Exceptional items (note 5)
Total
Before exceptional items
Exceptional items (note 5)
Total
€m
€m
€m
€m
€m
€m
Revenue
1
986.5
-
986.5
912.9
-
912.9
Excise duties
(302.6)
-
(302.6)
(292.7)
-
(292.7)
Net revenue
1
683.9
-
683.9
620.2
-
620.2
Operating costs
2
(568.9)
(173.4)
(742.3)
(493.5)
(20.7)
(514.2)
Operating profit/(loss)
1
115.0
(173.4)
(58.4)
126.7
(20.7)
106.0
Finance income
6
0.2
-
0.2
-
-
-
Finance expense
6
(9.0)
(0.6)
(9.6)
(11.0)
-
(11.0)
Share of equity accounted investees’ (loss)/profit after tax
13
(0.1)
0.1
-
0.5
-
0.5
Profit/(loss) before tax
106.1
(173.9)
(67.8)
116.2
(20.7)
95.5
Income tax (expense)/credit
7
(14.6)
1.4
(13.2)
(15.1)
2.9
(12.2)
Profit/(loss) for the year attributable to equity shareholders
91.5
(172.5)
(81.0)
101.1
(17.8)
83.3
Basic earnings per share (cent)
9
(24.5c)
24.7c
Diluted earnings per share (cent)
9
(24.5c)
24.3c
On behalf of the Board

Sir Brian Stewart

Chairman

Stephen Glancey

Group Chief Executive Officer