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Hargreaves Lansdown
 

Consolidated income statement

  Year ended 30 June 2005 Year ended 30 June 2006 Year ended 30 June 2007 Year ended 30 June 2008 Year ended 30 June 2009
  £'000 £'000 £'000 £'000 £'000
 
Revenue 50,379 73,460 98,769 120,332 132,845
 
Administrative expenses (37,290) (49,190) (58,098) (62,553) (63,038)
Exceptional administrative expenses (451) (19,627) (29,628) - -
 
Total administrative expenses (37,741) (68,817) (87,726) (62,553) (63,038)
 
Share of results of associates (3) - - - -
 
Total operating costs (37,744) (68,817) (87,726) (62,553) (63,038)
 
Operating profit 12,635 4,643 11,043 57,779 69,807
 
Analysed as:
Operating profit before exceptional administrative expenses 13,086 24,270 40,671 57,779 69,807
Exceptional administrative expenses (451) (19,627) (29,628) - -
 
Operating profit 12,635 4,643 11,043 57,779 69,807
 
Investment revenues 1,833 2,919 1,430 3,113 2,534
Other gains and losses 36 35 11,917 53 740
 
Profit before tax 14,504 7,597 24,390 60,945 73,081
 
Tax (4,172) (1,584) (7,435) (18,551) (20,968)
 
Profit for the period 10,332 6,013 16,955 42,394 52,113
 
 
Attributable to:
Equity holders of the company 10,332 6,013 16,955 42,401 52,123
Minority interest - - - (7) (10)
 
  10,332 6,013 16,955 42,394 52,113

Exceptional items are those significant items that fall within the activities of the Group which are separately disclosed by virtue of their size or incidence to enable a full understanding of the Group's financial performance. These items are not expected to recur in future periods.  They include additional directors' remuneration, being the amount by which remuneration and associated national insurance costs paid to certain directors in prior periods has exceeded the maximum amounts which could be payable in future periods under the remuneration policy which will be applied after Admission to the London Stock Exchange.



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