As a consolidated income statement is published, a separate income statement for the parent company is omitted from the Company accounts by virtue of section 408 of the Companies Act 2006.The parent company’s loss for the financial year was £2,705,000 (2008: £23,000).

The audit fee in respect of the parent company was £50,000 (2008: £55,000)

NEXT:  NOTE 2.  DIVIDENDS