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Financial statements
Statement of Income and Expenditure
for the year ended 31 March 2001
Note
2001
£m
2000
£m
Grant-in-Aid
181.8
170.0
Other income
22.7
22.1
Total income
1
204.5
192.1
Operating expenditure
2
(194.8
)
(194.9
)
Operating surplus/(deficit)
1
9.7
(2.8
)
Interest receivable
0.7
0.6
Surplus/(deficit) before taxation
1
10.4
(2.2
)
Taxation
4
(0.2
)
(0.2
)
Surplus/(deficit) for the financial year
1
,
11
10.2
(2.4
)
Transfer (to)/from capital reserve
11
(8.3
)
3.8
Transfer from revaluation reserve
11
0.8
0.8
Surplus for the year transferred to
operating reserve
2.7
2.2
The above results are derived from continuing operations.
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