Tribal -
 

Condensed consolidated income statement


for the six months to 30 June 2008

        Pro forma        
      Six months   six months     Six months     Nine months  
    ended   ended   ended   ended  
    30 June   30 June   30 September   31 December  
    2008   2007   2007   2007  
  Note £’000   £’000   £’000   £’000  
Continuing operations                
                 
Turnover   143,643   127,092   120,419   188,654  
                 
Direct agency costs   (30,347)   (23,321)   (23,330)   (35,355)  
Revenue   3   113,296     103,771     97,089     153,299  
                 
Cost of sales   (67,826)   (58,903)   (57,953)   (92,266)  
                 
Gross profit   45,470   44,868   39,136   61,033  
                 
  Administrative expenses before                
  amortisation of IFRS 3 intangibles and
  goodwill impairment 		    (35,972)     (36,254)     (33,374)     (49,860)  
  Operating profit before amortisation
  of IFRS 3 intangibles and goodwill   impairment 		  3   9,498     8,614     5,762     11,173  
  Amortisation IFRS 3 intangibles   (171)   (160)   (160)   (240)  
  Goodwill impairment   -   -   (9,000)   (9,000)  
                 
                 
Total administrative expenses   (36,143)   (36,414)   (42,534)   (59,100)  
                 
Operating profit/(loss)   9,327   8,454   (3,398)   1,933  
                 
Investment revenues 4 446   527   919   1,119  
Other gains and losses 5 202   81   (36)   (126)  
Finance costs 6 (914)   (2,576)   (1,309)   (1,742)  
                 
Profit/(loss) before tax   9,061   6,486   (3,824)   1,184  
                 
Tax 7 (2,471)   (1,616)   (1,744)   (3,002)  
Profit/(loss) after tax from continuing operations   6,590   4,870   (5,568)   (1,818)  
                 
Discontinued operations                
                 
Profit from discontinued operations 8 392   24,488   27,254   27,254  
                 
Profit for the period   6,982   29,358   21,686   25,436  
                 
Attributable to:-                   
Equity holders of the parent   6,664   28,968   21,412   25,034  
Minority interest   318   390   274   402  
                 
    6,982   29,358   21,686   25,436  

 

        Pro forma        
    Six months   six months   Six months   Nine months  
    ended   ended   ended   ended  
    30 June   30 June   30 September   31 December  
    2008   2007   2007   2007  
  Note              
Earnings/(loss) per share                
From continuing operations                
                 
Basic 9 7.4p   5.3p   (6.9)p   (2.6)p  
Diluted 9 7.4p   5.3p   (6.9)p   (2.6)p  
                 
Adjusted basic before amortisation of IFRS 3 intangibles, goodwill impairment and financial instrument (credit)/charge  9   7.4p     5.4p     3.9p     8.4p  
                 
Adjusted diluted before amortisation of IFRS 3 intangibles, goodwill impairment and financial instrument (credit)/charge 9   7.4p     5.4p     3.9p     8.4p  
                 
From continuing and discontinued operations                
                 
Basic 9 7.8p   34.2p   25.3p   29.5p  
Diluted 9 7.8p   34.2p   25.2p   29.5p  
                 
Adjusted basic before amortisation of IFRS 3                
intangibles, goodwill impairment, profit on disposal of Mercury Health and financial instrument (credit)/charge 9   7.8p     6.0p     3.9p     8.4p  
                 
Adjusted diluted before amortisation of IFRS 3                
intangibles, goodwill impairment, profit on disposal of Mercury Health and financial instrument (credit)/charge 9   7.8p     6.0p     3.9p     8.4p