Appendix 3           
ITE Group plc – Consolidated Profit and Loss Account
• Year ended Year ended 
• 30 September 2002          30 September 2001
• Audited Audited
• £’000 £’000
•
•TURNOVER  52,431  50,350
•Cost of Sales (31,012) (28,088)
•GROSS PROFIT 21,419 22,262
•
•Other operating expenses (net) (12,012)                               (11,092)
•Interest receivable (net)                      729    1,045
•Share of associate’s operating profit       356           522
•Other Income         _  270      722   
•
•HEADLINE PROFIT BEFORE TAX & NON RECURRING CHARGES   10,762 13,459
•  
•Non recurring charges                  (2,882)      (447)
• _______                         _______
•HEADLINE PROFIT BEFORE TAX     7,880 13,012
•
•Amortisation of goodwill    (2,065)   (3,840)
•Impairment of Goodwill & Investments    (6,220)                        (39,012)
•
•LOSS BEFORE TAX       (405)                       (29,930)
• _______ _______
•
•Taxation    (2,350)                                  (4,113)
•Minority Interests        152                                      1,295
• _______ _______
•LOSS FOR THE PERIOD    (2,603)                       (32,748)
•   _______ _______
•
•Earnings per share
•Headline diluted       2.2p     3.7p
•Basic & Diluted      (1.0p) (13.2p)
•
•