Page 53 - DWF Annual Report 2017
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Group Profit and Loss Account
Year ended 30 April 2017
2017 2016
Note £’000 £’000
Turnover of existing operations 190,198 185,880
Turnover of acquired operations 9,124 970
Turnover 2 199,322 186,850
Other operating income 291 312
Staff costs 3 (98,569) (85,322)
Depreciation (5,713) (6,054)
Amortisation of intangibles 442 (266)
Other operating expenses (52,218) (49,944)
Operating profit of existing operations 42,349 45,177
Operating profit of acquired operations 1,206 399
Operating profit 4 43,555 45,576
Interest payable 5 (1,191) (1,137)
Profit before taxation and Members’ remuneration 42,364 44,439
and profit shares
Tax on profit of the subsidiaries 6 (37) (898)
Profit before Members’ remuneration 42,327 43,541
and profit shares
Members’ remuneration charged as an expense 7 (23,025) (23,169)
Profit for the financial year available for discretionary 19,302 20,372
division among Members
All results relate to continuing activities.
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