PA Group Annual Report 2007
GROUP PROFIT & LOSS ACCOUNT
for the year ended 31 December
Notes 2007 2006 2006 2006
Total Continuing Discontinued Total
£000 £000 £000 £000
Turnover: group and share of joint ventures 1 95,435 88,340 1,614 89,954
Less: share of joint ventures’ turnover (13,975) (12,829) - (12,829)
Group turnover 1 81,460 75,511 1,614 77,125
Other operating income 467 796 - 796
81,927 76,307 1,614 77,921
Staff costs 4 (50,765) (47,210) (610) (47,820)
Depreciation and amortisation (5,651) (5,154) (67) (5,221)
Other operating charges (28,226) (24,758) (819) (25,577)
Operating (loss)/profit 1,2 (2,715) (815) 118 (697)
Share of operating profit in joint
ventures and associate 6 4,074 3,430 - 3,430
Total operating profit (including joint
ventures and associate) before goodwill
amortisation and exceptional items 3,432 5,554 118 5,672
Goodwill amortisation (2,073) (1,639) - (1,639)
Exceptional items 3 - (1,300) - (1,300)
Total operating profit
(including joint ventures and associate) 1 1,359 2,615 118 2,733
Profit on disposal of subsidiary 3 - 4,074
Group interest receivable 7 1,863 2,004
Other group finance costs payable 7 (718) (457)
Share of joint venture interest receivable 7 19 23
Share of associate interest payable 7 (19) -
Profit on ordinary activities before tax 2,504 8,377
Tax charge on profit on ordinary activities 8 (2,884) (2,770)
(Loss)/profit on ordinary activities after tax (380) 5,607
Equity minority interest (357) (231)
(Loss)/profit for the financial year 22,23 (737) 5,376
All of the group’s 2007 turnover and operating profit resulted from continuing operations. There is no material difference
between the profit on ordinary activities before taxation and the profit for the year stated above and their historical cost
equivalents.
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