Group Profit and Loss Account

Year ended 31 December 2011

       
    2011 2010
Notes €'000 €'000
 
Group turnover 1 259,116 250,399
Operating costs   (217,631) (204,334)
Operating profit before exceptional items   41,485 46,065
Exceptional items 5 (9,131) (1,392)
Operating profit   32,354 44,673
Share of associated undertaking losses 30 (50) (50)
Profit before finance charge and taxation   32,304 44,623
Interest payable 6 (8,585) (9,274)
Interest receivable 6 3 614
Other finance cost 9 (b) (2,973) (2,508)
Profit before taxation 2 20,749 33,455
Taxation 8 (851) (1,307)
Profit for the year   19,898 32,148
Note: Movements on reserves are set out in note 27.      


Brendan McKenna
(Chairman)               David Gunning (Chief Executive)