For the year ended 31 December 2007
| Note | 2007 £m |
2006 £m |
||||
| Continuing operations | ||||||
| Revenue | 6 | 668.4 | 684.5 | |||
| Cost of sales | (283.8) | (288.7) | ||||
| Gross profit | 384.6 | 395.8 | ||||
| Indirect production and engineering expenses | (57.4) | (60.8) | ||||
| Sales and marketing expenses | (158.0) | (171.6) | ||||
| Administrative expenses | (66.3) | (80.7) | ||||
| Operating profit | 7 | 102.9 | 82.7 | |||
| Profit on disposal of businesses | 28 | 19.0 | 9.5 | |||
| Financial income | 10 | 9.6 | 9.0 | |||
| Finance costs | 10 | (13.4) | (15.6) | |||
| Profit before tax | 118.1 | 85.6 | ||||
| Taxation – UK | 11 | (2.6) | (0.5) | |||
| Taxation – Overseas | 11 | (29.3) | (23.7) | |||
| Total taxation | (31.9) | (24.2) | ||||
| Profit after tax for the year from continuing operations attributable to equity shareholders | 86.2 | 61.4 | ||||
| Basic earnings per share | 13 | 70.9 | 49.4 | |||
| Diluted earnings per share | 13 | 70.6 | 49.2 | |||
| Interim dividends paid and final dividends proposed for the year (per share) | 12 | 21.0p | 17.5p | |||
| Dividends paid during the year (per share) | 12 | 18.3p | 16.2p | |||
Spectris uses adjusted figures as key performance measures in addition to those reported under adopted IFRS. Adjusted figures are stated before amortisation of acquisition-related intangible assets, goodwill impairment charges, profits or losses on termination or disposal of businesses or major fixed assets, unrealised changes in the fair value of financial instruments, related tax effects and other tax items which do not form part of the underlying tax rate.
Reconciliations showing how the adjusted performance measures are derived from those reported under adopted IFRS are set out in Note 3.