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Annual Report 2010
Group directory Notes to the Company financial statements: Note 11
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Five year record

IFRS
  2010
£000
2009
£000
2008
£000
2007
£000
2006
£000
Summarised consolidated results
Revenue 148,334 164,041 127,561 94,906 65,930
Gross profit 117,954 126,429 97,768 67,637 44,416
Adjusted profit before tax* 50,685 66,360 48,823 28,090 13,847
Profit before tax 49,574 59,201 44,967 24,650 11,155
Income tax expense (16,134) (17,047) (10,721) (6,844) (3,079)
Profit for the financial year 33,440 42,154 34,246 17,806 8,076
Basic earnings per share 49.36p 62.27p 50.80p 26.59p 12.14p
Adjusted basic earnings per share* 50.92p 69.99p 55.11p 30.76p 15.27p
Total dividend per share 16.90p 9.36p 6.65p 4.18p 2.46p
Summarised consolidated balance sheet  
Non-current assets 42,067 42,219 36,378 35,731 38,245
Cash and cash equivalents and treasury deposits (net) 149,724 126,164 82,849 41,287 23,503
Net current assets 141,663 111,265 73,025 37,757 20,830
Shareholders’ funds 169,222 143,131 105,746 65,312 50,860
  • *Both adjusted profit before tax and adjusted basic earnings per share are stated before amortisation of intangibles, share-based payments, adjustment to goodwill, restructuring costs and past service credit on the defined benefit pension scheme in the relevant years. In addition, the Group has chosen to adjust for the gain/loss on the fair value of forward foreign currency contracts together with the tax effects of the items adjusted. Comparatives have been restated accordingly.

The earnings and dividend per share amounts in prior periods have been restated to reflect the three for one share reorganisation which was approved at the Annual General Meeting on 14 July 2006.

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