Consolidated Income Statement

For the financial year ended 28 February 2022

Year ended 28 February 2022

Year ended 28 February 2021

Before exceptional items

Exceptional items

(note 5)

Total

Before exceptional items

Exceptional items (note 5)

Total

Notes

€m

€m

€m

€m

€m

€m

Revenue

1

1,796.1

-

1,796.1

1,022.8

-

1,022.8

Excise duties

(358.0)

-

(358.0)

(285.9)

-

(285.9)

Net revenue

1

1,438.1

-

1,438.1

736.9

-

736.9

Operating costs

2

(1,390.2)

10.6

(1,379.6)

(796.5)

(25.2)

(821.7)

Group operating profit/(loss)

1

47.9

10.6

58.5

(59.6)

(25.2)

(84.8)

Profit on disposal

5

-

4.5

4.5

-

5.8

5.8

Finance income

6

-

0.2

0.2

-

-

-

Finance expense

6

(16.1)

(6.7)

(22.8)

(19.5)

(7.9)

(27.4)

Share of equity accounted investments’ profit/(loss) after tax

13

2.6

2.7

5.3

(6.1)

(8.8)

(14.9)

Profit/(loss) before tax

34.4

11.3

45.7

(85.2)

(36.1)

(121.3)

Income tax (expense)/credit

7

(6.2)

(2.4)

(8.6)

14.4

2.4

16.8

Group profit/(loss) for the financial year

28.2

8.9

37.1

(70.8)

(33.7)

(104.5)

Basic earnings/(loss) per share (cent)

9

9.9

(31.1)

Diluted earnings/(loss) per share (cent)

9

9.9

(31.1)

All of the results are related to continuing operations.