Income statement

Consolidated statement of profit or loss and other comprehensive income

For the year ended 31 December 2020


 

2020

£000

2019

£000

Income from portfolio investments at amortised cost

164,597

199,094

Fair value gain on portfolio investments at FVTPL

4,976

32,397

Impairment (losses)/gains on portfolio investments​

(100,436)

12,714

Income from real estate inventories

492

561

Total income from portfolio investments

69,629

244,766

Income from asset management and servicing and fund and investment management

97,026

94,360

Gain on disposal of leases

453 -

Other income​

384 392

Total income

167,492

339,518

Operating expenses:

   

Collection activity and fund management costs

(130,572)

(131,527)

Other operating expenses

(94,248)

(102,173)

Total operating expenses

(224,820)

(233,700)

Operating (loss)/profit

(57,328)

105,818

Finance income

61 61

Finance costs

(57,556)

(54,559)

(Loss)/profit before tax

(114,823)

51,320

Taxation credit/(charge) on ordinary activities

21,206

(14,033)

(Loss)/profit after tax

(93,617)

37,287

   

Other comprehensive income:

   

Items that are or may be reclassified subsequently to profit or loss:

   

Foreign exchange translation difference arising on revaluation of foreign operations

6,741

(7,077)

Movement on hedging reserve

356 161

Total comprehensive (loss)/income

(86,520)

30,371

   

(Loss)/profit after tax attributable to:

   

Owners of the Company

(92,829)

35,223

Non-controlling interest

(788)

2,064

(93,617)

37,287

     

Comprehensive (loss)/income attributable to:

 

 

Owners of the Company

(85,732)

28,307

Non-controlling interest

(788)

2,064

 

(86,520)

30,371

     

Basic EPS (£)

(0.52)

0.20

Diluted EPS (£)

(0.52)

0.19