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Unaudited condensed consolidated interim income statement: UK sterling

For the six months ended 30 June 2008 Notes Six months
ended
30 June
2008
£m
Six months
ended
30 June
2007
£m
+/(-)% Constant
Currency1
+/(-)%
Year ended
31 December
2007
£m
Billings   16,870.7 15,084.6 11.8 4.6 31,665.5
             
Revenue   3,339.1 2,921.0 14.3 8.1 6,185.9
Direct costs   (180.1) (151.3) (19.0) (12.2) (335.5)
Gross profit   3,159.0 2,769.7 14.1 7.9 5,850.4
Operating costs 4 (2,781.2) (2,450.2) (13.5) (7.8) (5,045.7)
Operating profit   377.8 319.5 18.2 8.2 804.7
Share of results of associates 4 20.7 19.5 6.2 (7.6) 41.4
Profit before interest and taxation   398.5 339.0 17.6 7.3 846.1
Finance income 5 70.1 57.7 21.5 16.2 139.4
Finance costs 5 (130.1) (102.6) (26.8) (24.0) (266.1)
Profit before taxation   338.5 294.1 15.1 3.4 719.4
Taxation 7 (101.2) (90.9) (11.3) (4.3) (204.3)
Profit for the period 237.3 203.2 16.8 3.0 515.1
             
Attributable to:            
Equity holders of the parent   208.2 181.9 14.5 0.5 465.9
Minority interests   29.1 21.3 (36.6) (24.7) 49.2
237.3 203.2 16.8 3.0 515.1
             
Headline PBIT 6,19 453.4 383.1 18.4 9.2 928.0
Headline PBIT margin 19 13.6% 13.1%     15.0%
Headline PBT 19 389.1 338.0 15.1 4.9 817.3
             
Earnings per share2            
Basic earnings per ordinary share 9 18.2p 15.3p 19.0 4.5 39.6p
Diluted earnings per ordinary share 9 17.8p 14.7p 21.1 6.4 38.0p

1 The basis for calculating the constant currency percentage change shown above is described in the Glossary.
2 The calculations of the Group's earnings per share and Headline earnings per share are set out in note 9.