Group income statement

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  Notes 52 weeks
  2017
  £m
  52 weeks
  2016
  £m
Continuing operations        
Revenue 2 55,917   53,933
Cost of sales   (53,015)   (51,089)
Gross profit/ (loss)   2,902   (2,844)
         
Administrative expenses   (1,995)   (1,814)
Profits/ (losses) arising on property-related items   110   42
         
Operating profit/ (loss)   1,017   1,072
         
Share of post-tax losses of joint ventures and associates 13 (107)   (21)
Finance income 5 109   29
Finance costs 5 (874)   (878)
Profit/ (loss) before tax   145   202
         
Taxation 6 (87)   54
Profit/ (loss) for the year from continuing operations   58   256
         
Discontinued operations        
Profit/ (loss) for the year from discontinued  operations 7 (112)   (127)
         
Profit/ (loss) for the year   (54)   129
         
Attributable to:        
Owners of the parent   (40)   138
Non-controlling interests   (14)   (9)
    (54)   129
         
         
Earnings/ (losses) per share from continuing and discontinued operations        
Basic 9 (0.49)p   1.70p
Diluted 9 (0.49)p   1.69p
         
         
Earnings/ (losses) per share from continuing operations        
Basic 9 0.81p   3.24p
Diluted 9 0.81p   3.22p

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