Financial ReportConsolidated Profit and Loss Account Manchester City FC

Consolidated Profit and Loss Account

For the year ended 31 May 2015

 





Note
Operations
excluding
player trading
Year ended
31 May
2015
£000

Player
trading
Year ended
31 May
2015
£000


Total
Year ended
31 May
2015
£000


Total
Year ended
31 May
2014
£000
Turnover 2 351,766 - 351,766 346,512
Other operating income 3 800 - 800 1,775
Operating expenses 3 (280,322) (70,291) (350,613) (366,160)
           
Operating profit/(loss) 72,244 (70,291) 1,953 (17,873)
Profit on disposal of players - 13,832 13,832 197
           
Profit/(loss) before interest
and taxation
72,244 (56,459) 15,785 (17,676)
Interest receivable and similar income 6 30 - 30 52
Interest payable and similar charges 7 (1,279) - (1,279) (960)
Stadium finance lease charges (4,167) - (4,167) (4,345)
           
Profit/(loss) on ordinary activities
before taxation
66,828 (56,459) 10,369 (22,929)
Taxation 8 380 - 380 -
           
Profit/(loss) on ordinary activities
after taxation
19 67,208 (56,459) 10,749 (22,929)

The results for both periods are from continuing operations.
The notes form part of these consolidated financial statements
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