Financial highlights

Continuing operationsHalf year to
30 June
Half year to
30 June
Revenue £301.3m £288.2m
Headline operating profit1 £47.5m £43.2m
Operating profit £45.6m £42.7m
Headline profit before taxation1 £45.7m £40.8m
Profit before taxation £43.8m £40.3m
Headline operating cash flow2 £52.3m £39.8m
Operating cash flow3 £49.1m £36.5m
Net debt £16.7m £33.7m
Basic headline earnings per share4 18.3p 16.2p
Basic earnings per share 17.2p 16.0p
Interim dividend per share5 4.0p 3.6p

1 Headline operating profit and headline profit before taxation exclude the amortisation of acquired intangibles of £0.7m (2011: £0.5m) and acquisition costs of £1.2m (2011: £nil).
2 Headline operating cash flow is defined as operating cash flow stated before cash flow relating to restructuring of £2.0m (2011: £3.3m) and acquisition costs of £1.2m (2011: £nil).
3 Operating cash flow is defined as cash generated by operations of £75.7m (2011: £57.1m) less net capital expenditure of £26.6m (2011: £20.6m).
4 A detailed reconciliation is provided in note 5.
5 See note 7.