Note20182017
Underlying
£m		Non-
underlying*
(notes
4 & 5)
£m		Total
£m		Underlying
£m		Non-
underlying*
(notes
4 & 5)
£m		Total
£m
Revenue2407.1—407.1359.3—359.3
Cost of sales(179.6)(5.1)(184.7)(163.4)(4.2)(167.6)
Gross profit227.5(5.1)222.4195.9(4.2)191.7
Selling, general and administrative expenses(110.0)(52.0)(162.0)(99.6)(32.5)(132.1)
Research and development expenses(18.3)(8.0)(26.3)(15.0)(11.4)(26.4)
Operating profit299.2(65.1)34.181.3(48.1)33.2
Finance income31.5—1.50.8—0.8
Finance expense4(6.9)0.5(6.4)(5.1)(0.2)(5.3)
Share of loss of investments accounted for using the equity method6(0.1)(0.2)(0.3)—(0.1)(0.1)
Profit before taxation793.7(64.8)28.977.0(48.4)28.6
Income taxes9(19.2)26.47.2(16.9)14.4(2.5)
Profit for the year74.5(38.4)36.160.1(34.0)26.1
Attributable to:
Owners of the parent74.5(38.4)36.160.1(34.0)26.1
Non-controlling interests27——————
Profit for the year74.5(38.4)36.160.1(34.0)26.1
Earnings per share
Basic1137.24p28.09p
Diluted1137.04p27.93p
Dividend per share (interim paid and final proposed for the year)1025.50p21.44p
  • Non-underlying items comprise items associated with areas such as amortisation and related costs of acquired intangibles, impairment of investments, remeasurement and other movements on deferred and contingent consideration, non-cash inventory adjustments, rationalisation of manufacturing organisation costs, rationalisation and acquisition expenses, loss on extinguishment of debt and fair value and taxation credits.