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Consolidated income statement
For the half year to 30 June 2007
| Note | 2007 Half year £m |
2006 Half year £m |
2006 Full year £m |
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| Continuing operations | ||||||||
| Revenue | 2, 3 | 317.3 | 327.3 | 684.5 | ||||
| Cost of sales | (136.9) | (138.7) | (288.7) | |||||
| Gross profit | 180.4 | 188.6 | 395.8 | |||||
| Net operating expenses | (141.5) | (156.6) | (313.1) | |||||
| Operating profit | 2, 3 | 38.9 | 32.0 | 82.7 | ||||
| Profit on disposal of businesses | 4 | 19.4 | 9.5 | 9.5 | ||||
| Financial income | 5 | 4.6 | 4.1 | 9.0 | ||||
| Finance costs | 5 | (6.5) | (8.7) | (15.6) | ||||
| Profit before tax | 56.4 | 36.9 | 85.6 | |||||
| Taxation - UK | 6 | (0.6) | (0.6) | (0.5) | ||||
| Taxation - Overseas | 6 | (14.3) | (10.6) | (23.7) | ||||
| Profit after tax for the period from continuing operations attributable to equity shareholders | 41.5 | 25.7 | 61.4 | |||||
| Basic earnings per share | 7 | 33.4p | 20.7p | 49.4p | ||||
| Diluted earnings per share | 7 | 33.2p | 20.7p | 49.2p | ||||
| Dividends arising in respect of the period (per share) | 8 | 5.75p | 5.0p | 17.5p | ||||
| Dividends paid during the period (per share) | 12.5p | 11.2p | 16.2p | |||||
Spectris uses adjusted figures as key performance measures in addition to those reported under IFRS. Adjusted figures are stated before amortisation of acquisition-related intangible assets, goodwill 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 IFRS are set out in Note 2.