Accounts
| Note | For the year ended 31 December 2009 €000 |
For the year ended 31 December2008 €000 |
|
|---|---|---|---|
| Revenues | 4 | 114,775 | 111,450 |
| Distribution costs | (45,453) | (35,423) | |
| Administrative expenses | (12,873) | (28,050) | |
| Total operating costs | (58,326) | (63,473) |
| Operating profit before the following items: | 68,764 | 73,034 | |
| Professional expenses on post year end acquisition | (360) | – | |
| Employee stock option expenses | 9 | (5,150) | (4,125) |
| Amortisation of intangible assets | 11 | (6,406) | (4,234) |
| Decline in fair value of available for sale investments | 14 | (399) | (16,698) |
| Total | (12,315) | (25,057) |
| Operating profit | 5 | 56,449 | 47,977 |
| Income from associate | 22,534 | – | |
| Amortisation of intangibles in associate | (10,513) | – |
| Share of profit of associate | 12,021 | – | |
| Profit before taxation | 70,339 | 41,453 | |
| Tax expense | 7 | (828) | (762) |
| Profit for the period attributable to the equity holders of the parent | 69,511 | 40,691 | |
| Other comprehensive income for the year: | |||
| Adjustments for change in fair value of available for sale equity instruments | 1,025 | (196) | |
| Total comprehensive income for the year attributable to the equity holders of the parent | 70,536 | 40,495 | |
| Earnings per share (in cents) | 8 | ||
| Basic | 29.0 | 17.9 | |
| Diluted | 28.0 | 17.3 |