Home > Investor Relations > Annual Results 2003 > Profit & Loss 2003
| 2003 | |||
| Continuing activities | Discontinued activities | Exceptional items | |
| €'000 | €'000 | €'000 | |
| Turnover | |||
| Group share of joint venture | |||
| Continuing activities | 86,818 | - | - |
| Acquisitions | 4,628 | - | - |
| Discontinued activities | - | 265 | - |
| 91,446 | 265 | - | |
| Cost of sales | (23,640) | (213) | - |
| Gross profit | 67,806 | 52 | - |
| Operating expenses | |||
| Continuing activities: | |||
| Goodwill amortisation | (4,684) | - | - |
| Other costs | (55,494) | - | (570) |
| Exceptional impairment of investments | - | - | (258) |
| Exceptional item - pension release | - | - | (4,369) |
| Discontinued activities: | |||
| Other costs | - | (1,122) | - |
| (60,178) | (1,122) | (5,197) | |
| Operating profit/(loss) | |||
| Continuing operations | (6,875) | - | (5,197) |
| Associates | 83 | - | - |
| Acquisitions | 670 | - | - |
| Discontinued operations | - | (1,070) | - |
| 7,628 | (1,070) | (5,197) | |
| Exceptional items | |||
| Continuing activities - restructuring charges | - | - | (750) |
| Continuing activities - Sale of Irish business | - | - | 6,236 |
| Discontinued activities - Termination of endowment trading for investment purposes | - | - | (329) |
| Discontinued activities - Disposal of property investments | - | - | 104 |
| Discontinued activities - Disposal of businesses | - | - | (172) |
| Profit/(loss) on ordinary activities before interest | 7,628 | (1070) | (108) |
| Net interest and other income | (4,219) | (559) | - |
| Profit/(loss) on ordinary activities before taxation | 3,409 | (1,629) | (108) |
| Tax on ordinary activities | (1,240) | 25 | (289) |
| Profit/(loss) on ordinary activities after taxation | 2,169 | (1,604) | (397) |
| Equity minority interest | (26) | - | - |
| Profit/(loss) for the financial year | 2,143 | (1,604) | (397) |
| Dividends paid | (476) | - | - |
| Dividends proposed | (1,020) | - | - |
| (1,496) | - | - | |
| Retained Profit/(loss) for the financial year attributable to equity shareholders | 647 | (1,604) | (397) |
| Adjusted earnings per ordinary share - cents | 10.51 | n/a | n/a |
| Basic earnings per ordinary share - cents | n/a | n/a | n/a |
| Diluted earnings per ordinary share - cents | n/a | n/a | n/a |