Business
2008 Annual Results (Part 2)
2008 Annual Results (Part 2).
About this update from Premier Foods Plc
[{"type":"text","content":"\n RNS Number : 3556O Premier Foods plc 05 March 2009 \n\n\n\n\n\nConsolidated income statement\n\n\n\n\n \n\n\n \n\n\nYear\n\n\n \n\n\nYear\n\n\n\n\n\n\n\n\n\n\nended\n\n\n\n\n\nended\n\n\n\n\n\n\n\n\n\n\n31 Dec \n 2008\n\n\n\n\n\n31 Dec \n 2007\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n(Restated)*\n\n\n\n\nNote\n\n\n£m\n\n\n \n\n\n£m\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nContinuing operations\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTurnover \n\n\n4\n\n\n2,603.6\n\n\n\n\n\n 2,125.2 \n\n\n\n\nCost of sales\n\n\n\n\n\n(1,819.5)\n\n\n\n\n\n (1,476.6)\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nGross profit\n\n\n\n\n\n784.1\n\n\n\n\n\n 648.6 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSelling, marketing and distribution costs\n\n\n\n\n\n(351.0)\n\n\n\n\n\n (299.9)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAdministrative costs\n\n\n\n\n\n(478.2)\n\n\n\n\n\n (279.2)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNet other operating income\n\n\n\n\n\n4.6\n\n\n\n\n\n 2.5 \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nOperating (loss)/profit\n\n\n6\n\n\n(40.5)\n\n\n\n\n\n 72.0 \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBefore exceptional items\n\n\n\n\n\n256.0\n\n\n \n\n\n 230.7 \n\n\n\n\nImpairment of goodwill\n\n\n5\n\n\n (194.4)\n\n\n\n\n\n - \n\n\n\n\nOther exceptional items\n\n\n5\n\n\n (102.1)\n\n\n \n\n\n (158.7)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInterest payable and other financial charges\n\n\n8\n\n\n (186.1)\n\n\n\n\n\n (145.4)\n\n\n\n\nInterest receivable and other financial income\n\n\n8\n\n\n 41.6 \n\n\n\n\n\n 26.8 \n\n\n\n\nMovement on fair valuation of interest rate swaps\n\n\n8\n\n\n (218.9)\n\n\n\n\n\n (31.0)\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLoss before taxation for continuing operations \n\n\n\n\n\n(403.9)\n\n\n\n\n\n (77.6)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTaxation credit\n\n\n9\n\n\n30.6\n\n\n\n\n\n 39.8 \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nLoss after taxation for continuing operations\n\n\n\n\n\n(373.3)\n\n\n\n\n\n (37.8)\n\n\n\n\n\n\n\n\n\n\n\n\...