Notes53 Weeks Ended
3 December 2017
52 Weeks Ended
27 November 2016
Cost of sales(959.5)(835.7)
Gross profit504.3435.3
Other income2.461.052.9
Distribution costs(434.2)(365.7)
Administrative expenses(117.7)(100.6)
Operating profit before result from joint venture and exceptional items13.421.9
Share of result from joint venture3.41.62.1
Exceptional itemsA2.7(0.3)(2.4)
Operating profit2.514.721.6
Finance income4.50.20.2
Finance costs4.5(13.9)(9.7)
Profit before tax1.012.1
Profit for the period1.012.0
Earnings per sharepencepence
Basic earnings per share2.90.162.02
Diluted earnings per share2.90.161.96

Non-GAAP measure: Earnings before interest, taxation, depreciation, amortisation, impairment and exceptional itemsA (EBITDA)a

Notes53 Weeks Ended
3 December 2017
52 Weeks Ended
27 November 2016
Operating profit14.721.6
Adjustments for:
Depreciation of property, plant and equipment3.255.047.0
Amortisation expense3.115.412.6
Impairment of property, plant and equipment3.20.40.3
Impairment of intangible assets3.10.20.4
Exceptional itemsA – impairment of property, plant and equipment2.70.7
Exceptional itemsA – other2.70.31.7

The notes form part of these financial statements.

See Alternative Performance Measures