156 ITV plc Annual Report and Accounts 2023 ITV plc Annual Report and Accounts 2023 157 F I CONSOLIDATED INCOME STATEMENT CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME NAN C I AL 2023 2022 2023 2022 S For the year ended 31 December Note £m £m For the year ended 31 December Note £m £m T A T Revenue 2.1 3,624 3,728 Profit for the year 209 435 E M Operating costs 2.1 (3,386) (3,209) E N Operating profit 238 519 Other comprehensive (expense)/income: T Items that are or may be reclassified to profit or loss S Presented as: Revaluation of financial assets 4.7.4 (1) (19) Earnings before interest, tax and amortisation (EBITA) before exceptional items 2.1 404 668 Net gain/(loss) on cash flow hedges and costs of hedging 4.7.3 12 (2) Operating exceptional items 2.2 (77) (65) Exchange differences on translation of foreign operations 4.7.3 (42) 75 Amortisation and impairment 3.3, 3.5 (89) (84) Income tax (charge)/credit on items that may be reclassified to profit or loss 2.3 (3) 6 Operating profit 238 519 Items that will never be reclassified to profit or loss Remeasurement (losses)/gains on defined benefit pension schemes 3.7 (35) 80 Financing income 4.4 25 13 Income tax credit/(charge) on items that will never be reclassified to profit or loss 2.3 9 (23) Financing costs 4.4 (70) (39) Other comprehensive (expense)/income for the year, net of income tax (60) 117 Net financing costs (45) (26) Total comprehensive income for the year 149 552 Share of profits after tax of joint ventures and associated undertakings 3.5 – 8 Profit before tax 193 501 Total comprehensive income/(expense) attributable to: Taxation 2.3 16 (66) Owners of the Company 154 537 Profit for the year 209 435 Non-controlling interests 4.7.6 (5) 15 Total comprehensive income for the year 149 552 Profit/(loss) attributable to: Owners of the Company 210 428 Non-controlling interests 4.7.6 (1) 7 Profit for the year 209 435 Earnings per share Basic earnings per share 2.4 5.2p 10.7p Diluted earnings per share 2.4 5.2p 10.6p