| 2007 | 2006 | | | £’000 | £’000 | | Continuing operations | | | | Revenue | 231,488 | 208,375 | | Cost of sales | (120,108) | (105,888) | | Gross profit | 111,380 | 102,487 | | | | | | Selling and distribution expenses | (41,537) | (36,969) | | Administrative expenses | (27,044) | (26,581) | | Research and development expenses | (11,329) | (10,943) | | | (79,910) | (74,493) | | | | | | Operating profit | 31,470 | 27,994 | Investment income | 1,090 | 795 | | Finance costs | (808) | (546) | | Profit before taxation | 31,752 | 28,243 | | Taxation | (9,511) | (7,909) | | Profit for the year | 22,241 | 20,334 | | Attributable to: | | | | Equity shareholders of the Company | 22,201 | 20,333 | | Minority interest | 40 | 1 | | | 22,241 | 20,334 | | Basic earnings per share (pence) | 20.14p | 18.60p | | Diluted earnings per share (pence) | 19.93p | 18.42p |
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