Page 44 - Annual Review 2015-2016

Group Profit and Loss Account

Year ended 30 April 2016

2016 2015
Note £’000 £’000
Turnover 2 186,850 191,133
Other operating income 312 227
Staff costs 3 (85,322) (85,328)
Depreciation (6,054) (5,233)
Amortisation of intangibles (266) (250)
Other operating expenses (49,944) (52,495)

Operating profit 4 45,576 48,054
Net interest payable 5 (1,137) (1,012)

Profit on ordinary activities before taxation and Members’ remuneration 44,439 47,042
and profit shares
Tax on profit on ordinary activities of the subsidiaries 6 (898) (934)

Profit on ordinary activities before Members’ remuneration 43,541 46,108
and profit shares
Members’ remuneration charged as an expense (23,169) (26,963)

Profit for the financial year available for discretionary division 20,372 19,145
among Members
All results relate to continuing activities.