Whistl Annual Report 2016

Financials

Consolidated statement of comprehensive income for the year ended 31 December 2016

2016

2015

£’000

Note

£’000

Turnover

591,713

5

605,596

(552,782)

Cost of sales Gross profit

(570,310)

38,931

35,286

(29,393)

Administrative expenses – Other Administrative expenses – E2E Total Administrative expenses

(35,276) (18,477) (53,753) (18,467) (18,467)

-

(29,393)

Operating profit/ (loss)

9,538 9,538

6

Profit / (loss) before interest and taxation Interest receivable and similar income

30

9

80

(614)

Interest payable and similar expenses

10

(370)

Profit/ (loss) before taxation

8,954 (1,637)

(18,757)

Tax on profit/ (loss)

11

3,046

Profit/ (loss) for the financial year Other comprehensive income

7,317

(15,711)

-

-

Total comprehensive income/ (expense) for the year

7,317

(15,711)

None of the Group’s activities were acquired or discontinued during the current year or previous year.

There is no material difference between the profit / (loss) before taxation and the profit / (loss) for both the years stated above and their historical cost equivalents.

The notes on pages 36 to 48 form part of these financial statements.

Financials | Whistl Annual Report 2016

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