Financial Statements
Annual Report and Accounts - Highlights
- Income statement
- Statement of Comprehensive Income
- Balance Sheet
- Statement of Changes in Equity
- Statement of Cash Flows
Income StatementYear ended 31 March 2012 | Group
2012 £’000 | Group
2011 £’000 |
|---|---|---|
| Revenue | 115,270 | 109,429 |
| Operating costs | ||
| Employment costs | (78,566) | (78,969) |
| Services and materials | (15,484) | (16,449) |
| Repairs and maintenance | (2,932) | (3,096) |
| External research and development | (546) | (431) |
| Depreciation, amortisation and disposals | (2,919) | (2,855) |
| Other (losses) / gains – net | (145) | (183) |
| Other expenses | (25,874) | (22,716) |
| Operating costs before income equalisation | (126,466) | (124,699) |
| Income equalisation | 22 | 273 |
| Net operating costs | (126,444) | (124,426) |
| Operating loss | (11,174) | (14,997) |
| Finance income | 11,489 | 14,651 |
| Finance costs | (530) | (620) |
| Finance income – net | 10,959 | 14,031 |
| Loss before income tax | (215) | (966) |
| Income tax expense | (94) | (587) |
| Loss for the financial year, transferred to reserves | (309) | (1,553) |
