The following table shows the summarised income statement and includes a reconciliation of the key financial performance measures before and after specific items and is discussed further in this Financial review.

Summarised group income statement

  2008   2007   2006  
Year ended 31 March £m   £m   £m  
Revenue 20,704 20,223 19,514  
Other operating incomea  349 233 227  
Operating costsa  (18,697 ) (17,915 ) (17,246 )






 
Operating profit  
   Before specific items 2,895   2,713   2,633  
   Specific items (539 ) (172 ) (138 )
2,356 2,541 2,495  
Net finance expense  
   Before specific items (378 ) (233 ) (472 )
   Specific items 139  
(378 ) (94 ) (472 )
Share of post tax (losses) profits of associates and joint venturesb  (11 ) 15 16  
Profit on disposal of associates and joint ventures – specific items 9 22 1  
 
Profit before taxation  
   Before specific items 2,506   2,495   2,177  
   Specific items (530 ) (11 ) (137 )
1,976 2,484 2,040  
Taxation  
   Before specific items (581 ) (611 ) (533 )
   Specific items 343 979 41  
(238 ) 368 (492 )
Profit for the year  
   Before specific items 1,925   1,884   1,644  
   Specific items (187 ) 968 (96 )
1,738 2,852 1,548  






 
Basic earnings per share  
   Before specific items 23.9 p 22.7 p 19.5 p
   Specific items  (2.4 p) 11.7 p (1.1 p)
Total basic earnings per share  21.5 p 34.4 p 18.4 p






 
a Includes specific items.
b No specific items in any of the years presented.

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