profit and loss summary

For the year ending 31 March 2011:

2011
£000

2010
£000

Turnover
Cost of sales

795,249
(763,433)

840,926
(817,559)

Gross profit
Administrative expenses

31,816
(12,240)

23,367
(10,308)

Operating profit
Interest receivable and similar income
Interest payable and similar charges

19,576
269
(1,119)

13,059
58
(1,043)

Profit on ordinary activities before taxation
Tax on profit on ordinary activities

18,726
(5,195)

12,074
(3,428)

Profit for the financial year

13,531

8,646