$thisPage = "Financials"; ?>
| Continuing operations: | |||
| Notes | 2006 £’000 |
2005 restated* £’000 |
|
| Revenue | 3 | 48,727 | 25,468 |
| Direct costs | 3 | (32,776) | (15,218) |
| Gross profit | 3 | 15,951 | 10,250 |
| Operating costs | 3 | (10,257) | (10,538) |
| (Loss)/gain on disposal of investment properties | 3 | (97) | 3,728 |
| Gain on revaluation of property portfolio | 11 | 21,821 | 18,028 |
| Deficit on revaluation of operating properties | 10 | (475) | (174) |
| Operating profit | 4 | 26,943 | 21,294 |
| Share of results of associates and joint ventures | 12 | 151 | 1,453 |
| Income from financial assets | 63 | 149 | |
| Profit on disposal of investments | 2 | – | 5,759 |
| Profit before interest and taxation | 3 | 27,157 | 28,655 |
| Finance income | 6 | 2,954 | 2,262 |
| Finance costs | 6 | (7,321) | (7,667) |
| Profit before taxation | 22,790 | 23,250 | |
| Taxation | 7 | 769 | (3,160) |
| Profit after taxation attributable to equity shareholders of the parent | 23,559 | 20,090 | |
| Basic earnings per share | 9 | 63.4p | 54.8p |
| Diluted earnings per share | 9 | 63.0p | 54.5p |
| *Refer to note 1(q). | |||