Consolidated statement of comprehensive income

For the year ended 31 December 2017

 

2017

2016

£000

£000

Continuing operations

 

 

Total revenue

319,015

235,930

Operating expenses:

 

 

Collection activity costs

(118,468)

(70,261)

Other operating expenses

(94,603)

(70,637)

Total operating expenses

(213,071)

(140,898)

Operating profit

105,944

95,032

Finance income

9

813

Finance costs

(71,669)

(66,841)

Share of profit in associate net of tax

1,578

2,363

Gain on sale of associate

14,697

Profit before tax

50,559

31,367

Taxation charge on ordinary activities

(10,644)

(5,061)

Profit after tax

39,915

26,306

Other comprehensive income:

 

 

Items that are or may be reclassified subsequently to profit or loss:

 

 

FX translation difference arising on revaluation of foreign operations

2,431

5,954

Movement on hedging reserve

289

670

Items that will not be reclassified to profit or loss:

 

 

Remeasurements of the defined benefit liability

(25)

(10)

Total comprehensive income

42,610

32,920

Profit after tax attributable to:

 

 

Owners of the Company

39,871

26,305

Non-controlling interest

44

1

 

39,915

26,306

Basic EPS (£)

0.23

0.15

Diluted EPS (£)

0.22

0.15