Consolidated income statement

Consolidated income statements for the four years to 31 March 2010 are detailed below.

Consolidated income statement		Restated		Re-presented
	Year ended	Year ended	Year ended	Year ended
	31 March 2010	31 March 2009*	31 March 2008	31 March 2007**
	£m	£m	£m	£m
Continuing operations
Revenue	2,439.1	2,427.2	2,362.9	1,986.7
Other income	3.1	18.5	21.3	8.9
Employee benefits expense	-300.8	-348.4	-317.5	-254.1
Depreciation and amortisation expense	-304.7	-261.9	-248.2	-221.3
Infrastructure renewals expenditure	-113.7	-117.8	-120.1	-101.2
Other reorganisation costs	-	-5.4	-	-
Other operating costs	-905.1	-982.7	-1,035.2	-776.9
Total operating expenses	1,621.2	-1,697.5	-1,699.7	-1,344.6
Operating profit	817.9	729.5	663.2	642.1
Investment income	14.1	70.7	146.7	118.3
Finance expense:	383.6	-270.9	-331.6	-258.1
Investment income and finance expense	-369.5	-200.2	-184.9	-139.8
Profit on disposal of investments	36.6	-	-	-
Evaluation and disposal costs relating to non-regulated business	10.8	-	-	-
Profit before taxation	474.2	529.3	478.3	502.3
Taxation	70.7	-349.0	-62.0	-143.9
Profit for the year from continuing operations	403.5	180.3	416.3	358.4
Discontinued operations
Loss/Profit for the period/year from discontinued operations	-	-1.2	492.9	75.1
Profit for the year	403.5	179.1	909.2	433.5
Attributable to:
Equity holders of the company	403.5	179.1	909.2	433.5
Minority interest	-	-	-	-
	403.5	179.1	909.2	433.5
Earnings per share**
From continuing and discontinued operations
Basic	59.2p	26.3p	103.3p	49.4p
Diluted	59.2p	26.3p	103.2p	49.2p
From continuing operations
Basic	59.2p	26.5p	47.3p	40.9p
Diluted	59.2p	26.4p	47.3p	40.7p

*In accordance with International Financial Reporting Standards, IFRIC 12 'Service Concession Arrangements' is applied retrospectively hence the consolidated income statement for the year ended 31 March 2009 has been restated.

** The accounts for the year ended 31 March 2007 have been re-presented to include the contribution from United Utilities Electricity, facilities management operations, industrial liquid waste operations and telecoms as discontinued operations.

*** The weighted average number of shares for 2007/08 and 2008/09 have been based on the 681,381,233 new ordinary shares issued in United Utilities Group PLC on 28 July 2008.