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Consolidated Income Statement
 
 
Group Company  
      ---------------- ---------------- ---------------- ----------------  
  For the year ended 31 December 1999 1999 1998 1999 1998
    Notes Rs.million Rs.million Rs.million Rs.million  
      ---------------- ---------------- ---------------- ----------------  
  Revenue 1 18,281 17,082 18,281 17,082  
Operating costs 2 (13,220) (12,071) (13,193) (12,047)  
      ---------------- ---------------- ---------------- ----------------  
  Operating profit   5,061 5,011 5,088 5,035  
  Non-operating income   447 256 447 256  
Interest expense and related charges 4 (3,313) (1,899) (3,313) (1,899)  
Interest income 103 90 103 90  
  Profit share from Associate Company 9 27 3 - -  
      ---------------- ---------------- ------------------- ----------------  
  Profit before tax 2,325 3,461 2,325 3,482  
  Taxation 5 (1,056) (1,260) (1,056) (1,260)  
      ---------------- ---------------- ---------------- ----------------  
  Profit after tax 1,269 2,201 1,269 2,222  
      ---------------- ---------------- ---------------- ----------------  
  Transfer to reserves (1,269) (2,201) (1,269) (2,222)  
      ---------------- ---------------- ---------------- ----------------  
               
  Earnings per share 7 - - 0.70 1.23  
               
               
  All the Group’s activities are continuing activities.  
               
  The accompanying notes on pages 9 to 28 form an integral part of these financial statements.
               
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Consolidated Income Statement                                                        
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