Financial Statements Consolidated statement of comprehensive income for the year ended 31 March 2021
2021 Total £000
2020 Total £000
Notes
Income Revenue from properties Property expenses
43,331
3 4
45,664
(9,877) (12,027)
Net property income
33,454
33,637
Expenses Administrative expenses
(5,388)
6
(5,563)
Total operating expenses
(5,388)
(5,563)
Operating profit beforemovement on investments
28,066
28,074
Investments Profit on disposal of investment properties Investment property valuation movements
868
13 13
3,478
12,861
(882)
Total profit on investments
13,729
2,596
Operating profit
41,795
30,670
Financing Interest received Interest paid
5
9
(7,999)
8
(8,295)
Total finance costs
(7,994)
(8,286)
Profit before tax
33,801
22,384
–
Tax
9
124
Profit and total comprehensive income for the period
33,801
22,508
Earnings per share Basic
6.2p 6.2p
11 11
4.1p 4.1p
Diluted
All items in the above statement derive from continuing operations. All of the profit and total comprehensive income for the year is attributable to the equity holders of the Company. Notes 1 to 27 form part of these consolidated financial statements.
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