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Strategic Review


50 Finsbury Food Group Annual Report & Accounts 2019


Financial Statements


Consolidated Statement of Comprehensive Income for the 52 weeks ended 29 June 2019 and 52 weeks ended 30 June 2018


Corporate Governance


Financial Statements


Note Revenue


Cost of sales Gross profit


Administrative expenses – underlying


Administrative expenses – significant and non-recurring Operating profit Finance income Finance cost


Net finance cost Profit before tax Taxation


Profit for the financial year


Other comprehensive (expense)/income Items that will not be reclassified to profit and loss Remeasurement on Defined Benefit Pension Scheme Movement in deferred taxation on pension Scheme liability Other comprehensive expense for the financial year, net of tax Total comprehensive income for the financial year


Profit attributable to: Equity holders of the Parent Non-controlling interest Profit for the financial year


Total comprehensive income attributable to: Equity holders of the Parent Non-controlling interest


Total comprehensive income for the financial year


Earnings per ordinary shares Basic


Diluted The Notes on pages 54 to 81 form an integral part of these Financial Statements.


10 10


4 5


8 8


9 3


2019 £000


315,281


(219,849) 95,432


(78,939) (1,200) 15,293 77


(1,794) (1,717) 13,576 (3,283) 10,293


2018 £000


303,600 (211,511) 92,089


(73,785) (13,067) 5,237 167


(929) (762)


4,475


(1,311) 3,164


14 22


(332) 56


(276) 10,017


9,287 1,006


10,293


9,011 1,006


10,017


7.3 7.0


(172) 29


(143) 3,021


2,180 984


3,164


2,037 984


3,021


1.7 1.6


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