Consolidated income statement
For the year ended 31 December 2005


	Notes	2005 £m	2004 £m
Continuing operations
Revenue	6	655.9	614.1
Cost of sales		(278.6)	(262.5)
Gross profit		377.3	351.6
Indirect production and engineering expenses		(62.8)	(57.8)
Sales and marketing expenses		(173.5)	(168.2)
Administrative expenses		(76.1)	(74.4)
Operating profit	7	64.9	51.2
Loss on termination of businesses		-	(1.2)
Financial income	10	6.6	4.0
Finance costs	10	(20.7)	(18.1)
Profit before tax		50.8	35.9
Taxation – UK	11	(0.5)	(9.5)
Taxation – Overseas	11	(15.1)	(2.8)
Profit after tax for the year from continuing operations attributable to equity shareholders		35.2	23.6

Basic earnings per share	13	28.8p	19.5p
Diluted earnings per share	13	28.8p	19.5p
Interim dividends paid and final dividends proposed for the year (per share)	12	15.8p	14.5p
Dividends paid during the year (per share)	12	14.85p	13.55p
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 3.

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