Historical data

Income statement/Profit and loss account	Notes	2007 £m	2006 £m	2005 £m	2004 £m	2003¹ £m
Revenue/Group turnover		7,435	7,156	6,603	5,947	5,645
Profit before net research and development and share of joint venture profit	-	827	1,016	1,113	686	499
Research and development (net)	1	(381)	(370)	(282)	(288)	(281)
Share of profit of joint ventures	2	66	47	46	19	52
Profit before financing/profit on ordinary activities before interest	-	512	693	877	417	270
Net financing costs/interest payable	3	221	698	(400)	(53)	(90)
Profit before taxation	-	733	1,391	477	364	180
Taxation	4	(133)	(397)	(130)	(100)	(64)
Profit for the year	-	600	994	347	264	116
Attributable to:
Equity holders of the parent	-	606	998	350	263	116
Minority interest	-	(6)	(4)	(3)	1	—
		600	994	347	264	116
Notes
1 Research and development (gross)	-	(824)	(747)	(663)	(601)	(619)
2 Under Adopted IFRS, share of profit of joint ventures is net of share of interest and taxation charges of	-	(28)	(35)	(34)	(31)	—
3 Under UK GAAP, interest payable includes the joint ventures share of	-	—	—	—	—	(24)
4 Under UK GAAP, taxation includes the joint ventures share of	-	—	—	—	—	(10)
¹ Amounts as previously reported under UK GAAP.

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