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Consolidated Profit and Loss Account for the year ended 31 December, 2011

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Notes

2011
€'000

2010
€'000

Turnover: Group and share of joint venture
 
806,714

811,563
Less share of joint venture's turnover   - (6,443)

Group turnover - continuing operations

2

806,714

805,120
Operating costs 3 (804,498) (799,282)

Group operating profit - continuing operations

2,216

5,838
Exceptional items – continuing operations – costs of restructuring 4 - (20,000)
Share of result of joint venture investment   - (6,590)
Other finance income / (expense) net 18 1,550 (3,950)

Profit/(Loss) on ordinary activities before taxation

5

3,766

(24,702)
Tax on profit / (loss) on ordinary activities 6 (2,134) 429

Profit/(Loss) on ordinary activities after taxation

1,632

(24,273)
Minority Interest 22 (1,285) (409)

Profit/(Loss) for the financial year

7/20

347

(24,682)

On behalf of the Board

John Fitzgerald, Chairman
Donal Connell, Director
22 March, 2012