Profit before tax 64,615 (8,305) (4,436) - 51,874 Taxation (12,620) 2,227 876 - (9,517) Profit after tax 51,995 (6,078) (3,560) - 42,357 Earnings per share (p) - Basic 25.66 (3.00) (1.76) - 20.90 Diluted 25.46 (2.98) (1.74) 20.74 *Operating profit margin is operating profit divided by revenue FY 2016 Adjusted Incremental costs R&D tax credit Reported income associated with the relating to prior IFRS income statement (costs)/income systems and years statement improvements £000 £000 £000 £000 £000 Revenue 171,673 - - - 171,673 Cost of sales (51,142) - - - (51,142) Gross profit 120,531 - - - 120,531 Administration and management expenses (55,231) (2,206) (3,955) - (61,392) Research and development expenses (11,662) (2,467) - 1,308 (12,821) Operating profit 53,638 (4,673) (3,955) 1,308 46,318 Operating profit margin* (%) 31.2% 2.7% 2.3% (0.8)% 27.0% Finance income/(expense) 144 (1,050) - - (906) Profit before tax 53,782 (5,723) (3,955) 1,308 45,412 Taxation (8,630) 994 791 (1,138) (7,983) Profit after tax 45,152 (4,729) (3,164) 170 37,429 Earnings per share (p) Basic 22.45 (2.35) (1.57) 0.08 18.61 Diluted 22.35 (2.34) (1.56) 0.08 18.53 Reconciliation of Alternative profit measures FY 2017 Margin FY 2016 Margin (£’000) % (£’000) % Operating profit 55,136 25.4 46,318 27.0 Depreciation and amortisation 15,326 11,355
Profit before tax Taxation 64,615 (12,620) (8,305) 2,227 (4,436) 876 - - 51,874 (9,517) Profit after tax 51,995 (6,078) (3,560) - 42,357 Earnings per share (p) Basic Diluted 25.66 25.46 (3.00) (2.98) (1.76) (1.74) - - 20.90 20.74 *Operating profit margin is operating profit divided by revenue FY 2016 Adjusted income statement £000 (costs)/income £000 Incremental costs associated with the systems and improvements £000 R&D tax credit relating to prior years £000 Reported IFRS income statement £000 Revenue Cost of sales 171,673 (51,142) - - - - - - 171,673 (51,142) Gross profit 120,531 - - - 120,531 Administration and management expenses Research and development expenses (55,231) (11,662) (2,206) (2,467) (3,955) - - 1,308 (61,392) (12,821) Operating profit Operating profit margin* (%) Finance income/(expense) 53,638 31.2% 144 (4,673) 2.7% (1,050) (3,955) 2.3% - 1,308 (0.8)% - 46,318 27.0% (906) Profit before tax Taxation 53,782 (8,630) (5,723) 994 (3,955) 791 1,308 (1,138) 45,412 (7,983) Profit after tax 45,152 (4,729) (3,164) 170 37,429 Earnings per share (p) Basic Diluted 22.45 22.35 (2.35) (2.34) (1.57) (1.56) 0.08 0.08 18.61 18.53 Reconciliation of Alternative profit measures FY 2017 (£’000) Margin % FY 2016 (£’000) Margin % Operating profit 55,136 25.4 46,318 27.0 Depreciation and amortisation 15,326 11,355