Summary P&L Statement

Six months to 30th June 2008 and 12 months to 31st December 2007

Unaudited 6 months 30/06/08 £ '000		Audited 12 months 31/12/2007 £ '000
Turnover	17,978	31,657
Cost of Sales	(1,674)	(3,800)
Gross Profit	16,304	27,857

Administrative Expenses	(1,249)	(2,756)
Profit on sale of investment properties	0	32,266
Other Income	112	498
Operating Profit	15,167	57,865

Interest receivable and similar income	1,203	3,256
Interest payable and similar charges	(8,371)	(14,372)
Profit on ordinary activities before charitable donations	7,999	46,749

Charitable donations	0	(15,540)
Profit on ordinary activities before taxation	7,999	31,209

Taxation on profit from ordinary activities	(1,899)	2,445
Profit on ordinary activities after taxation	6,100	33,654

Minority Interest	(8)	(7)
Retained profit for the financial year	6,092	33,647
All amounts relate to continuing activities