Consolidated income statement

	Notes	Year ended 30 June 2009 £ million	Year ended 30 June 2008 £ million	Year ended 30 June 2007 £ million
Sales	2	12,283	10,643	9,917
Excise duties	3	(2,972)	(2,553)	(2,436)
Net sales		9,311	8,090	7,481
Cost of sales	3	(3,883)	(3,245)	(3,003)
Gross profit		5,428	4,845	4,478
Marketing expenses	3	(1,312)	(1,239)	(1,162)
Other operating expenses	3,5	(1,673)	(1,380)	(1,157)
Operating profit	2	2,443	2,226	2,159
Sale of businesses	5	–	9	(1)
Interest receivable	6	252	153	111
Interest payable	6	(768)	(494)	(362)
Other finance income	6	2	51	55
Other finance charges	6	(78)	(29)	(16)
Share of associates’ profits after tax	7	164	177	149
Profit before taxation		2,015	2,093	2,095
Taxation	8	(292)	(522)	(678)
Profit from continuing operations		1,723	1,571	1,417
Discontinued operations	9	2	26	139
Profit for the year		1,725	1,597	1,556
Attributable to:
Equity shareholders of the parent company		1,621	1,521	1,489
Minority interests		104	76	67
		1,725	1,597	1,556
Basic earnings per share	10
Continuing operations		65.1p	58.3p	50.2p
Discontinued operations		0.1p	1.0p	5.2p
		65.2p	59.3p	55.4p
Diluted earnings per share	10
Continuing operations		64.9p	57.9p	49.9p
Discontinued operations		0.1p	1.0p	5.1p
		65.0p	58.9p	55.0p

The accompanying notes are an integral part of these consolidated financial statements.