2020
£m
2019
£m
Operating profit
Underlying operating profit/EBIT is calculated as follows:
Operating profit52.239.0
Non-underlying operating expenses (note 5)76.188.4
Underlying operating profit/EBIT128.3127.4
Depreciation9.95.7
Amortisation4.34.1
Underlying earnings before interest, tax, depreciation and amortisation (EBITDA)142.5137.2
Profit before taxation
Underlying profit before taxation is calculated as follows:
Profit before taxation40.927.8
Non-underlying operating expenses76.188.4
Amortisation of fair value adjustments relating to Medical Ethics (net of tax)0.60.2
Fair value and other movements on contingent consideration1.51.0
Loss on extinguishment of debt1.0
Underlying profit before taxation120.1117.4