Renovo

consolidated income statement

for the year ended 30 September 2009


 

 

 

 

 

 

 

Note

2009
£’000

2008
(Represented
see note 2)
£’000

REVENUE

 

5,065

7,603

OPERATING EXPENSES

 

 

 

Research and development:

 

 

 

– revenue related

 

(3,331)

(5,111)

– development and discovery programmes

 

(18,294)

(18,547)

Total research and development

 

(21,625)

(23,658)

Administrative expenses

 

(6,232)

(5,680)

OPERATING LOSS

 

(22,792)

(21,735)

Finance income

6

2,610

5,056

LOSS BEFORE TAXATION

 

(20,182)

(16,679)

Taxation

7

3,039

3,308

LOSS FOR THE YEAR

4

(17,143)

(13,371)

BASIC AND DILUTED LOSS PER SHARE

8

9.1p

7.2p

All results relate wholly to continuing activities.

There were no recognised income and expenses other than the loss for the year and the previous year. Accordingly, a separate statement of total recognised income and expense has not been presented.