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Keepmoat Annual Report 2020

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Keepmoat has released its Group financial results for the year ending 31 October 2020.

CONSOLIDATED INCOME

CONSOLIDATED INCOME STATEMENT For the year ended 31 October 2020 Note Year ended 31 October 2020 Year ended 31 October 2019 £’000 £’000 Group revenue 1 405,953 649,808 Cost of sales (341,372) (530,643) Gross profit 64,581 119,165 Administrative expenses (60,377) (60,381) Share of results of equity accounted joint ventures and associates Operating profit before exceptional items and amortisation of acquisition related intangible assets (adjusted operating profit) 10 1,009 47 7,806 57,966 Exceptional items 4 (2,460) 1,270 Amortisation of acquisition related intangible assets 7 (133) (405) Operating profit 3 5,213 58,831 Finance income 5 720 385 Finance expense 5 (25,458) (21,547) (Loss)/profit before tax (19,525) 37,669 Income tax credit/(charge) 6 5,112 (6,924) (Loss)/profit for the year (14,413) 30,745 Other comprehensive income - - Total comprehensive (expense)/income for the year (14,413) 30,745 68 KEEPMOAT.COM

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FINANCIAL REVIEW For the year ended 31 October 2020 Note Year ended 31 October 2020 Year ended 31 October 2019 £’000 £’000 Attributable to: Owners of the Company (12,785) 27,391 Non-controlling interests 9 (1,628) 3,354 Total comprehensive (expense)/income for the year (14,413) 30,745 All items dealt with in arriving at operating profit relate to continuing activities. There was no other comprehensive income for the current and prior period other than those included in the consolidated statement of comprehensive income. ANNUAL REPORT & FINANCIAL STATEMENTS 2020 69