Note2020
£m
2019
£m
Revenue21,859.31,818.5
Employee benefits expense3(161.4)(169.6)
Other operating costs4(403.4)(422.8)
Allowance for expected credit losses – trade and other receivables4(41.8)(26.5)
Other income43.43.6
Depreciation and amortisation expense4(482.8)(393.2)
Infrastructure renewals expenditure(143.0)(175.1)
Total operating expenses(1,229.0)(1,183.6)
Operating profit630.3634.9
Investment income524.017.1
Finance expense6(308.0)(222.5)
Allowance for expected credit losses – loans to joint venturesA6(5.0)
Investment income and finance expense(289.0)(205.4)
Share of (losses)/profits of joint ventures12(38.1)6.7
Profit before tax303.2436.2
Current tax charge7(38.9)(38.8)
Deferred tax charge7(157.5)(34.0)
Tax7(196.4)(72.8)
Profit after tax106.8363.4
Earnings per share
Basic815.7p53.3p
Diluted815.6p53.2p
Dividend per ordinary share42.60p41.28p

All of the results shown above relate to continuing operations.