b'Consolidated statement of comprehensive incomeFor the year ended 31 March 2020Year ended Year ended31 March 31 March2020 2019Note 000 000Revenue 3 12,747 10,675Other administrative expenses (12,661) (12,115)Net revenues/(expenses) 86 (1,440)Fair value movements in investments 4 (15,844) 3,916Share-based payments charge 6 (528) (171)Amortisation of intangible assets 15 (852) (301)Operating (loss)/profit before exceptional items 7 (17,138) 2,004Exceptional items 8 (695) Operating (loss)/profit (17,833) 2,004Finance income 9 246 562Finance costs 10 (26) (Loss)/profit before taxation (17,613) 2,566Taxation 11 159 54(Loss)/profit and total comprehensive (loss)/income for the financial year (17,454) 2,620Basic and diluted (loss)/earnings per Ordinary share (pence) 12 (5.11) 0.86All results derive from continuing operations.The notes on pages 78 to 100 are an integral part of these financial statements.74 Mercia Asset Management PLCAnnual Report and Accounts 2020'