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Consolidated income statement

For the year ended 31 March 2009

Notes 2009
£000
2008
£000
Revenue 5, 6 164,041 127,561
Cost of sales (37,612) (29,793)
Gross profit 126,429 97,768
Operating expenses
Selling and distribution costs (53,248) (39,025)
Administrative expenses (16,532) (15,582)
Total operating expenses (69,780) (54,607)
Profit from operations 7 56,649 43,161
Finance revenue 8 4,846 3,785
Finance costs 9 (2,294) (1,979)
Analysis of profit before tax
Profit before tax, share-based payments, amortisation and goodwill adjustment 62,623 47,949
Share-based payments (940) (315)
Amortisation of intangibles (excluding other software) (2,482) (2,276)
Adjustment to carrying value of goodwill in respect of utilisation of tax losses (391)
Profit before tax 59,201 44,967
Income tax expense 11 (17,047) (10,721)
Profit for the year attributable to equity holders of the parent 42,154 34,246
Earnings per share (pence)
— basic 13 62.27p 50.80p
— diluted 13 61.98p 50.38p

All activities relate to continuing activities.

The accompanying notes are an integral part of this Consolidated income statement.


© 2009 AVEVA Group PLC
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