Group income statement

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  Notes 52 weeks
  2016
  £m
  53 weeks
  2015
  £m
Continuing operations        
Revenue 2 54,433   56,925
Cost of sales   (51,579)   (59,128)
Gross profit/ (loss)   2,854   (2,203)
         
Administrative expenses   (1,852)   (2,574)
Profits/ (losses) arising on property-related items   44   (973)
         
Operating profit/ (loss)   1,046   (5,750)
         
Share of post-tax losses of joint ventures and associates 13 (21)   (13)
Finance income 5 29   80
Finance costs 5 (892)   (651)
Profit/ (loss) before tax   162   (6,334)
         
Taxation 6 54   670
Profit/ (loss) for the year from continuing operations   216   (5,664)
         
Discontinued operations        
Profit/ (loss) for the year from discontinued  operations 7 (87)   (102)
         
Profit/ (loss) for the year   129   (5,766)
         
Attributable to:        
Owners of the parent   138   (5,741)
Non-controlling interests   (9)   (25)
    129   (5,766)
         
         
Earnings/ (losses) per share from continuing and discontinued operations        
Basic 9 1.70p   (70.82)p
Diluted 9 1.69p   (70.82)p
         
         
Earnings/ (losses) per share from continuing operations        
Basic 9 2.77p   (69.56)p
Diluted 9 2.76p   (69.56)p

The notes on pages 90 to 141 form part of these financial statements.