Group income statement

for the six months ended 30 September 2007

		Six months ended 30 September			Year ended 31 March
			2007	2006		2007
	Notes		US$m	(Represented) (Note 2) US$m		US$m
Revenue	5		1,947	1,664		3,481
Cost of sales			(966)	(807)		(1,681)
Gross profit			981	857		1,800

Distribution costs			(175)	(159)		(301)
Administrative expenses			(456)	(520)		(1,026)

Operating expenses			(631)	(679)		(1,327)
Operating profit	5		350	178		473

Finance income			66	43		103
Finance expense			(158)	(129)		(249)
Net financing costs			(92)	(86)		(146)
Share of post-tax profits of associates			27	28		67
Profit before tax	5		285	120		394
Group tax expense	9		(56)	(29)		(68)
Profit after tax for the financial period from continuing operations			229	91		326
Profit for the financial period from discontinued operations	10		-	124		137
Profit for the financial period			229	215		463

Attributable to:
Equity shareholders in the parent company			224	215		462
Minority interests			5	-		1
Profit for the financial period			229	215		463

Earnings per share	11		cents	cents		cents
- Basic			22.2	25.1		49.9
- Diluted			21.9	24.9		49.3

Earnings per share from continuing operations	11		cents	cents		cents
- Basic			22.2	10.6		35.1
- Diluted			21.9	10.6		34.7

Non-GAAP measures
		Six months ended 30 September			Year ended 31 March
Reconciliation of profit before tax to Benchmark PBT	Notes		2007 US$m	2006 US$m		2007 US$m
Profit before tax	5		285	120		394
exclude: exceptional items	8		2	151		162
exclude: amortisation of acquisition intangibles	8		50	37		76
exclude: goodwill adjustment	8		-	-		14
exclude: charge in respect of the demerger-related equity incentive plans	8		24	-		24
exclude: financing fair value remeasurements	8		34	12		35
exclude: tax expense on share of profit of associates	5		1	2		9
Benchmark PBT – continuing operations	5		396	322		714

Benchmark earnings per share from continuing operations	11		cents	cents		cents
- Basic			29.5	29.4		59.7
- Diluted			29.1	29.2		59.1

			cents			cents		cents
Dividend per share (including announced first interim dividend)	12		6.5			5.5		17.0

The notes form an integral part of these unaudited condensed Group half-yearly financial statements