SMS — Smart Metering Systems Income Statement

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Annual income statement for Smart Metering Systems, fiscal year end - December 31st, GBP millions except per share, conversion factor applied.

	2018 December 31st	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	98.5	114	103	108	136
Cost of Revenue
Gross Profit	47.2	42.1	53	60.2	70
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	88.4	101	-96.5	96.7	115
Operating Profit	10.1	13.6	200	11.8	20.1
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	5.35	5.46	195	8.29	16
Provision for Income Taxes
Net Income After Taxes	4.46	4	193	3.79	14.9
Net Income Before Extraordinary Items
Net Income	4.46	4	193	3.79	14.9
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	4.46	4	193	3.79	14.9
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	0.178	0.145	0.137	0.138	0.194
Dividends per Share