Consolidated income statement

	Notes		Pre- exceptional 2008 €'000		Exceptional 2008 €'000		Total 2008 €'000		Pre- exceptional 2007 €'000		Exceptional 2007 €'000		Total 2007 €'000
Revenue	5		2,232,161		-		2,232,161		2,206,567		-		2,206,567
Cost of sales			(1,890,549)		(10,113)		(1,900,662)		(1,882,648)		(27,168)		(1,909,816)
Gross profit			341,612		(10,113)		331,499		323,919		(27,168)		296,751
Distribution expenses			(121,373)		(3,251)		(124,624)		(114,180)		(165)		(114,345)
Administration expenses			(86,185)		(5,939)		(92,124)		(93,905)		3,870		(90,035)
Operating profit	6		134,054		(19,303)		114,751		115,834		(23,463)		92,371
Finance income	10		5,590		-		5,590		4,813		-		4,813
Finance costs	10		(26,695)		-		(26,695)		(22,095)		-		(22,095)
Share of results of joint ventures and associates			7,306		(947)		6,359		992		-		992
Profit before taxation			120,255		(20,250)		100,005		99,544		(23,463)		76,081
Income taxes	11		(21,528)		892		(20,636)		(16,458)		617		(15,841)
Profit for the year			98,727		(19,358)		79,369		83,086		(22,846)		60,240
Attributable to:
Equity holders of the Parent							78,399						59,833
Minority interests							970						407
							79,369						60,240
Basic earnings per share (cents)	12						26.76						20.42
Diluted earnings per share (cents)	12						26.63						20.34

On behalf of the Board
L Herlihy
Directors J Moloney G Meagher