Source: Extract from Annual Report 2007
for the year ended 31 December
 |
Notes | 2007 £m |
Total 2007 £m |
2006 £m |
Total 2006 £m |
|---|---|---|---|---|---|
| Continuing operations | |
|
|
|
|
| Combined sales of Group and equity accounted investments | 3 | |
15,710 | |
13,765 |
| Less: share of equity accounted investments | 3 | |
(1,401) | |
(1,432) |
| Revenue | 3 | |
14,309 | |
12,333 |
| Operating costs | 4 | |
(13,480) | |
(11,763) |
| Other income | 5 | |
209 | |
371 |
| Group operating profit excluding amortisation and impairment of intangible assets | |
1,335 | |
1,080 | |
| Amortisation | 11 | (149) | |
(105) | |
| Impairment | 11 | (148) | |
(34) | |
| Group operating profit | |
|
1,038 | |
941 |
| Share of results of equity accounted investments excluding finance costs and taxation expense | |
142 | |
127 | |
| Financial income of equity accounted investments | |
35 | |
21 | |
| Taxation expense of equity accounted investments | |
(38) | |
(35) | |
| Share of results of equity accounted investments | 14 | |
139 | |
113 |
| Earnings before amortisation and impairment of intangible assets, finance costs and taxation expense (EBITA) | |
1,477 | |
1,207 | |
| Amortisation | |
(149) | |
(105) | |
| Impairment | |
(148) | |
(34) | |
| Financial income of equity accounted investments | |
35 | |
21 | |
| Taxation expense of equity accounted investments | |
(38) | |
(35) | |
| Operating profit | 3 | |
1,177 | |
1,054 |
| Finance costs | 6 | |
|
|
|
| Financial income | |
1,257 | |
1,330 | |
| Financial expense | |
(1,199) | |
(1,525) | |
|
|
|
58 | |
(195) |
| Profit before taxation | |
|
1,235 | |
859 |
| Taxation expense | 8 | |
|
|
|
| UK taxation | |
(201) | |
(97) | |
| Overseas taxation | |
(134) | |
(116) | |
|
|
|
(335) | |
(213) |
| Profit for the year from continuing operations | |
|
900 | |
646 |
| Profit for the year from discontinued operations | 9 | |
22 | |
993 |
| Profit for the year | |
|
922 | |
1,639 |
| Attributable to: | |
|
|
|
|
| BAE Systems shareholders | |
|
901 | |
1,636 |
| Minority interests | |
|
21 | |
3 |
|
|
|
922 | |
1,639 |
| Earnings per share | 10 | |
|
|
|
| Continuing operations: | |
|
|
|
|
| Basic earnings per share | |
|
26.0p | |
19.9p |
| Diluted earnings per share | |
|
25.8p | |
19.8p |
| Discontinued operations: | |
|
|
|
|
| Basic earnings per share | |
|
0.6p | |
30.8p |
| Diluted earnings per share | |
|
0.6p | |
29.4p |
| Total: | |
|
|
|
|
| Basic earnings per share | |
|
26.6p | |
50.7p |
| Diluted earnings per share | |
|
26.4p | |
49.2p |
