LucyGroup-ARA2024_spreads web ready_FINAL

CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2024

BUSINESS OVERVIEW STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS SHAREHOLDER INFORMATION

2024 £000

2023 £000

2024 £000

2023 £000

Note

Profit for the year

71,912

Revenue

409,331 (266,587) 142,744 (35,698) (16,812) (13,045)

40,523

3

359,124 (243,427) 115,697 (33,255) (16,089) (9,796)

Cost of sales Gross profit

Other comprehensive income:

Items that will not be reclassified subsequently to the Income Statement: Remeasurement of UK defined benefit pension scheme

Selling and distribution costs Administrative expenses Research and development costs Other operating income/(expenses)

1,625

945

(406)

Taxation relating to remeasurement of UK pension scheme Remeasurement of non-UK employee benefit schemes

(236)

(84)

3,640

(60)

5,743

11

Operating profit before net valuation gains/losses on investment property

80,829

Taxation relating to remeasurement of non-UK employee benefit schemes

16

4

62,300

Items that will subsequently be reclassified to the Income Statement: Currency translation differences

2,361

Net valuation gains/(losses) on investment property

(2,450) 59,850

897 341

Operating profit after net valuation gains/losses on investment property

83,190

(3,490)

Gain on revaluation of available-for-sale investments Taxation relating to revaluation of investments Total comprehensive income for the year, net of tax

155

(75)

3,755

(16)

Finance income Finance costs

6 6

2,314

74,221

(1,735) 85,210

37,837

(2,676) 59,488

Profit before taxation

Total comprehensive income for the year attributable to: Non-controlling interest

570

(13,298)

(11)

Tax expense

7

(18,965) 40,523

73,651 74,221

Profit for the year

71,912

Owners of the parent

37,848 37,837

(4,388) 67,524

Dividends

9

(2,833) 37,690

Retained profit for the year

Profit for the year attributable to: Non-controlling interest

570

(11)

66,954 67,524

Owners of the parent

37,701 37,690

14,504p

Earnings per share

8

8,241p

86

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Lucy Group Ltd Annual Report & Accounts 2024

LUCYGROUP.COM

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87