Group Income Statement for the year ended 30 June 2015

Continuing operationsNote2015
Cost of sales5/6(79,841)(42,857)
Gross profit34,37816,052
Administrative expenses6(6,021)(4,440)
Loss on investments14(541)(822)
Revaluation of investment properties1214,5192,300
Operating profit42,33513,090
Finance cost — interest expense8(4,836)(3,459)
Finance cost — cost associated with arrangement of new facilities and other finance related costs8(2,322)(740)
Finance cost — notional interest on deferred consideration8(1,215)(57)
Finance income — interest receivable and similar income9201166
Profit before tax and share of profits from joint ventures34,1639,000
Share of (loss)/profit of joint ventures14(135)613
Profit before tax34,0289,613
Income tax10(5,078)(2,137)
Total profit and comprehensive income for the year28,9507,476
Attributable to:
— Shareholders of the Company29,6806,997
— Non-controlling interests22(730)479
Earnings per share for profit attributable to the equity holders of the Company during the year
— basic1114.67p3.46p
— diluted1113.76p3.26p

The accompanying accounting policies and notes form part of these financial statements.