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Consolidated income statement - GBP (£)
£ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Continuing operations      
Sales £ 3,869 £ 4,129 £ 4,513
Cost of goods sold (1,858) (1,943) (2,066)
Gross profit 2,011 2,186 2,447
Operating expenses (1,806) (1,907) (2,202)
Other net gains and losses 16 230 128
Share of results of joint ventures and associates 54 44 78
Operating profit 275 553 451
Finance costs (84) (91) (110)
Finance income 41 36 80
Profit before tax 232 498 421
Income tax 34 92 (13)
Profit for the year 266 590 408
Attributable to:      
Equity holders of the company 264 588 406
Non-controlling interest £ 2 £ 2 £ 2
Earnings per share attributable to equity holders of the company during the year (expressed in pence per share)      
- basic £ 34.0 £ 75.6 £ 49.9
- diluted £ 34.0 £ 75.5 £ 49.9