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v3.23.2

Consolidated income statement - GBP (£) £ in Millions, shares in Millions | 12 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2021
Profit or loss [abstract] |  |  |
Sales | £ 23,515 | £ 22,448 | £ 19,153
Excise duties | (6,402) | (6,996) | (6,420)
Net sales | 17,113 | 15,452 | 12,733
Cost of sales | (6,899) | (5,973) | (5,038)
Gross profit | 10,214 | 9,479 | 7,695
Marketing | (3,051) | (2,721) | (2,163)
Other operating items | (2,531) | (2,349) | (1,801)
Operating profit/(loss) | 4,632 | 4,409 | 3,731
Non-operating items | 328 | (17) | 14
Finance income | 340 | 497 | 278
Finance charges | (934) | (919) | (651)
Share of after tax results of associates and joint ventures | 370 | 417 | 334
Profit before taxation | 4,736 | 4,387 | 3,706
Taxation | (970) | (1,049) | (907)
Profit for the year | 3,766 | 3,338 | 2,799
Attributable to: |  |  |
Equity shareholders of the parent company | 3,734 | 3,249 | 2,660
Non-controlling interests | 32 | 89 | 139
Profit for the year | £ 3,766 | £ 3,338 | £ 2,799
Weighted average number of shares |  |  |
Shares in issue excluding own shares (in shares) | 2,264 | 2,318 | 2,337
Dilutive potential ordinary shares (in shares) | 7 | 7 | 8
Weighted average number of shares (in shares) | 2,271 | 2,325 | 2,345
Basic earnings per share |  |  |
Basic earnings per share (in pounds per shares) | £ 1.649 | £ 1.402 | £ 1.138
Diluted earnings per share |  |  |
Diluted earnings per share (in pounds per shares) | £ 1.644 | £ 1.397 | £ 1.134

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- Definition The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2022-03-24 -Paragraph 28 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2022-en-r&anchor=para_28_e&doctype=Standard -URIDate 2022-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2022-03-24 -Paragraph 23 -Subparagraph g -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2022-en-r&anchor=para_23_g&doctype=Standard -URIDate 2022-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective on first application of IFRS 9 -Name IFRS -Number 4 -IssueDate 2022-03-24 -Paragraph 39M -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2022-en-b&anchor=para_39M_b&doctype=Standard -URIDate 2022-03-24 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2022-03-24 -Paragraph 82 -Subparagraph c -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2022-en-r&anchor=para_82_c&doctype=Standard -URIDate 2022-03-24 + Details
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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2022-03-24 -Paragraph 70 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=33&code=ifrs-tx-2022-en-r&anchor=para_70_b&doctype=Standard -URIDate 2022-03-24 + Details
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