Continuing operations:
| Notes | 2007 £’000 |
2006 £’000 |
|
| Revenue | 2 | 60,358 | 48,727 |
| Direct costs | 2 | (45,937) | (32,776) |
| Gross profit | 2 | 14,421 | (15,951) |
| Operating costs | 2 | (11,396) | (10,257) |
| Gain/(loss) on disposal of investment properties | 2 | 9 | (97) |
| Gain on revaluation of investment property portfolio | 11 | 5,099 | 21,821 |
| Deficit on revaluation of operating properties | 10 | (780) | (475) |
| Net foreign currency differences | 262 | – | |
| Operating profit | 4 | 7,615 | 26,943 |
| Other income | 416 | – | |
| Share of post tax profits of joint ventures | 12(b) | 57 | 151 |
| Share of post tax losses of associates | 12(a) | (826) | – |
| (Loss)/income from financial assets | (63) | 63 | |
| Impairment provision of financial assets | 16(a) | (500) | – |
| Profit before interest and taxation | 6,699 | 27,157 | |
| Finance income | 6 | 3,809 | 2,954 |
| Finance costs | 6 | (10,264) | (7,321) |
| Profit before taxation | 244 | 22,790 | |
| Taxation | 7 | (205) | 769 |
| Profit after taxation attributable to shareholders of the parent | 39 | 23,559 | |
| Basic earnings per share | 9 | 0.0p | 63.4p |
| Diluted earnings per share | 9 | 0.0p | 63.0p |
