Continuing Operations |
|||||
|---|---|---|---|---|---|
|
IFRS |
UK GAAP |
|||
|
2006 |
2005 |
2004 |
2003 |
2002 |
The amounts disclosed for 2004 and earlier periods are stated on the basis of UK GAAP because it is not practicable to restate amounts for periods prior to the date of transition to IFRSs. The principal differences between UK GAAP and IFRSs are explained in note 57 to the accounts, which provides an explanation of the transition to IFRSs. |
|||||
Revenue |
|||||
Policy Membership |
161,394 |
128,197 |
100,337 |
81,434 |
56,401 |
Emergency Repair |
218,106 |
100,243 |
73,079 |
43,450 |
6,504 |
Intra-Group |
(12,499) |
(7,729) |
(4,180) |
(3,617) |
(2,624) |
Revenue |
367,001 |
220,711 |
169,236 |
121,267 |
60,281 |
Profit |
|||||
Policy Membership |
41,333 |
37,766 |
29,701 |
22,283 |
13,422 |
Emergency Repair |
13,077 |
4,473 |
2,683 |
1,714 |
695 |
|
54,410 |
42,239 |
32,384 |
23,997 |
14,117 |
Amortisation of acquisition intangibles |
(3,658) |
(310) |
- |
- |
- |
Amortisation of goodwill |
- |
- |
(5,574) |
(4,550) |
(256) |
Exceptional costs |
- |
(2,787) |
(6,616) |
- |
- |
Operating profit |
50,752 |
39,142 |
20,194 |
19,447 |
13,861 |
Net interest |
(776) |
(320) |
113 |
75 |
77 |
Profit before tax |
49,976 |
38,822 |
20,307 |
19,522 |
13,938 |