So last.fm losses were £2.1m greater, but Admin costs were £5m greater - which presumably means either debt funding of Cost of Sales dropped by £2.2m (balance covered by T/O increase of £.7m)?
And that was all for 2010 y/e; what have they done in the last 12 months? Financial reports are pretty much useless to investors looking at startups (and selected out of context figures doubly so) you need management accounts to get anything even approaching a current picture. Which may of course be even worse...