- Part 3: For the preceding part double click ID:nRSb2520Yb
fully offset cost increases
(including power and business
rates) of £2.4m. Cumulative cost
increases over K5 continue to be
lower than average RPI for the
same period. Other cost drivers
were:
· £1.0m increased other costs including increased cost of sales from other sales activity
· £0.4m increased depreciation and costs of new capital schemes
EBITDA(1) decreased by £1.6m to
£172.2m and operating profit(1)
decreased by £2.1m to £119.2m.
The net interest charge for the
half year of £33.0m is lower than
the same period last year (£34.0m)
as a result of lower RPI on index
-linked facilities and lower net
pension interest net of new
funding costs