Summary P&L Statement

12 months to 31st December 2008 and 31st December 2009

Audited 12 months 31/12/09 £ '000		Audited 12 months 31/12/2008 £ '000
Turnover	43,766	40,319
Cost of Sales	(7,975)	(4,339)
Gross Profit	35,791	35,980

Administrative Expenses	(2,482)	(477)
Profit on sale of investment properties	1,805	37
Other Income	701	492
Operating Profit	35,815	36,032

Interest receivable and similar income	3,134	3,724
Interest payable and similar charges	(15,467)	(19,257)
Profit on ordinary activities before charitable donations	23,482	20,499

Charitable donations	0	7,100
Profit on ordinary activities before taxation	23,482	13,399

Taxation on profit from ordinary activities	(6,733)	1,983
Profit on ordinary activities after taxation	16,749	15,382

Minority Interest	(17)	(15)
Retained profit for the financial year	16,732	15,367