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Five Year Group Financial Summary

2008
£’000
2007
£’000
2006
£’000
2005
£’000
2004(1)
£’000
Income Statement
Revenue 81,044 42,614 20,317 14,428 8,196
Cost of sales (43,760) (24,488) (11,668) (7,949) (4,338)
Gross profit 37,284 18,126 8,649 6,479 3,858
Operating costs (30,322) (15,262) (9,744) (5,411) (3,236)
Goodwill impairment (188) (228) (228)
Insurance proceeds(2) 570 2,439
Operating profit/(loss) 6,962 3,246 1,344 840 394
Finance income 349 124 61 39 3
Profit before taxation 7,311 3,370 1,405 879 397
Taxation (2,258) (951) 12 270
Profit/(loss) for the financial year 5,053 2,419 1,417 879 667
Earnings per share
Basic 6.9p 3.4p 2.0p 1.3p 1.0p
Fully diluted 6.6p 3.3p 1.9p 1.2p 1.0p
Balance sheet
Cash at bank 10,369 5,379 3,744 2,060 1,004
Net assets 15,944 8,385 5,522 3,612 2,581

(1) In 2003 the accounting period was changed from 31 December to 31 March. This gave rise to a 15 month audited set of accounts for 2003/04. In order to make a meaningful comparison, the unaudited pro forma 12 months to 31 March 2004 is shown rather than the audited 15 months to 31 March 2004.

(2) 2007 and 2006 — business interruption insurance claim following Buncefield fuel depot explosion which caused damage to the Company’s warehouse.

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