Pdf
Note2018
£m
2017
£m
Revenue11,735.81,704.0
Employee benefits expense2(153.5)(151.9)
Other operating costs3(423.4)(435.1)
Other income33.84.2
Depreciation and amortisation expense3(376.8)(364.9)
Infrastructure renewals expenditure(149.5)(150.8)
Total operating expenses(1,099.4)(1,098.5)
Operating profit636.4605.5
Investment income412.013.7
Finance expense5(218.6)(202.7)
Investment income and finance expense(206.6)(189.0)
Profit on disposal of business22.1
Share of profits of joint ventures112.33.8
Profit before tax432.1442.4
Current tax charge6(18.7)(31.5)
Deferred tax charge6(58.8)(35.2)
Deferred tax credit – change in tax rate658.2
Tax6(77.5)(8.5)
Profit after tax354.6433.9
 
Earnings per share
Basic752.0p63.6p
Diluted751.9p63.5p
Dividend per ordinary share839.73p38.87p

All of the results shown above relate to continuing operations.