Continuing operationsNote2018
£m
2017
£m
Revenue4147.490.7
Cost of sales4(115.6)(71.2)
Gross profit31.819.5
Administrative expenses5(9.4)(7.7)
Gain on sale of subsidiary150.16.0
Gain on sale of joint venture157.0
Share of loss of associates15(0.2)
Share of profit of joint ventures151.0
Revaluation of investment properties131.5
Operating profit23.526.1
Finance cost - interest expense8(5.1)(7.0)
Finance income - interest receivable and similar income90.90.5
Profit before tax19.319.6
Tax charge10(3.9)(3.8)
Total profit and comprehensive income for the year15.415.8
Earnings per share for profit attributable to the equity holders of the Company during the year
– basic117.64p7.82p
– diluted117.30p7.46p

The accompanying notes form part of these financial statements.