Notes52 Weeks
Ended
27 November
2016
£m
52 Weeks
Ended
29 November
2015
£m
Revenue2.31,271.01,107.6
Cost of sales(835.7)(732.5)
Gross profit435.3375.1
Other income2.452.949.0
Distribution costs(365.7)(309.4)
Administrative expenses(100.6)(95.6)
Operating profit before result from joint venture and exceptional items21.919.1
Share of result from joint venture3.42.12.3
Exceptional items2.7(2.4)
Operating profit2.521.621.4
Finance income4.50.20.2
Finance costs4.5(9.7)(9.7)
Profit before tax12.111.9
Taxation2.8(0.1)(0.1)
Profit for the period12.011.8
Earnings per sharepencepence
Basic earnings per share2.92.022.01
Diluted earnings per share2.91.961.91

Non-GAAP measure: Earnings before interest, taxation, depreciation, amortisation, impairment and exceptional items (EBITDA) A

Notes52 Weeks Ended 27 November 2016
£m
52 Weeks Ended 29 November 2015
£m
Operating profit21.621.4
Adjustments for:
Depreciation of property, plant and equipment3.247.045.1
Amortisation expense3.112.613.2
Impairment of property, plant and equipment3.20.31.0
Impairment of intangible assets3.10.40.8
Exceptional items – Impairment of property, plant and equipment2.7, 3.20.7
Exceptional items – other2.71.7
EBITDA84.381.5

The Notes to the Consolidated Financial Statements form part of these financial statements.

A See Alternative Performance Measures

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