CZA COAL OF AFRICA LIMITED ORD NPV

COAL OF AFRICA Currency GBX

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
Revenue	155.46	162.83	65.76	17.56	25.93
Operating Profit/(Loss)	-94.81	-136.26	-120.36	-6.97	-4.98
Net Interest	1.80	1.09	0.64	0.00	0.00
Profit Before Tax	-95.98	-135.85	-119.41	-6.97	-4.98
Profit After Tax	-88.56	-136.41	-112.13	-7.13	-5.42
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-88.56	-136.41	-112.13	-7.13	-5.42
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-88.56	-136.41	-112.13	-7.13	-5.42

Continuing EPS
Earnings per Share - Basic	-0.15p	-0.26p	-0.25p	-1.74p	-1.97p
Earnings per Share - Diluted	-0.15p	-0.26p	-0.25p	-1.74p	-1.97p
Earnings per Share - Adjusted	-0.15p	-0.26p	-0.25p	-1.74p	-1.99p
Continuing and Discontinued EPS
Earnings per Share - Basic	-0.15p	-0.26p	-0.25p	-1.74p	-1.97p
Earnings per Share - Diluted	-0.15p	-0.26p	-0.25p	-1.74p	-1.97p
Earnings per Share - Adjusted	-0.15p	-0.26p	-0.25p	-1.74p	-1.99p

Dividend per Share	0.00p	0.00p	0.00p	0.00p	0.00p

Balance Sheet (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Assets
Non-Current Assets
Property, Plant & Equipment	89.43	135.39	88.89	48.55	1.48
Intangible Assets	11.96	12.96	221.86	110.35	94.66
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	8.40	8.47	0.00	0.00	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	200.25	155.28	48.57	45.35	16.15
	310.03	312.09	359.31	204.25	112.29
Current Assets
Inventories	14.06	14.40	16.06	4.23	2.36
Trade & Other Receivables	16.56	13.99	18.21	10.57	5.67
Cash at Bank & in Hand	12.45	14.18	48.16	42.72	121.52
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	13.87	0.00	2.17	0.00
	43.07	56.44	82.43	59.69	129.54

Total Assets	353.10	368.53	441.74	263.94	241.84

Liabilities
Current Liabilities
Borrowings	-31.28	-24.06	-13.95	0.00	0.00
Other Current Liabilities	-47.23	-51.32	-46.83	-5.72	-3.31
	-78.51	-75.38	-60.77	-5.72	-3.31

Net Current Assets	-35.44	-18.94	21.66	53.97	126.23

Non-Current Liabilities
Borrowings	-0.04	-1.07	-1.01	0.00	-0.09
Provisions	-14.90	-23.76	-25.26	-1.17	0.00
Other Non-Current Liabilities	-19.13	0.00	0.00	0.00	0.00
	-34.07	-24.83	-26.27	-1.17	-0.09

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-112.57	-100.21	-87.04	-6.89	-3.41

Net Assets	240.53	268.32	354.70	257.05	238.43

Capital & Reserves
Share Capital	504.37	427.64	458.35	279.45	257.04
Share Premium Account	0.00	0.00	0.00	0.00	0.00
Other Reserves	95.88	107.90	34.25	3.53	2.06
Retained Earnings	-360.09	-267.57	-140.76	-29.68	-22.15
Shareholders Funds	240.16	267.96	351.85	253.30	236.95

Minority Interests/Other Equity	0.37	0.36	2.86	3.75	1.48
Total Equity	240.53	268.32	354.70	257.05	238.43

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
PE Ratio - Adjusted	-250.00	-288.46	-403.00	-43.97	-100.50
PEG - Adjusted	5.90	-89.03	4.70	3.58	-0.72
Earnings per Share Growth - Adjusted	-42.35%	3.24%	-85.83%	-12.28%	139.40%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	25.29p	30.68p	14.39p	4.29p	9.40p
Pre-Tax Profit per Share	-15.62p	-25.60p	-26.14p	-1.70p	-1.81p
Operating Margin	-61.04%	-83.41%	-183.16%	-39.72%	-19.20%
Return on Capital Employed	-34.27%	-44.29%	-68.63%	-4.72%	-3.46%

Continuing & Discontinued Operations
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Dividend per Share Growth	n/a	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	34.25p	48.01p	24.50p	34.70p	35.73p
Net Gearing	7.86%	4.09%	-9.44%	-16.87%	-51.25%

Data is provided by Morningstar

COAL OF AFRICA - Fundamentals