ACHL ASIAN CITRUS HOLDINGS LIMITED ORD HKD0.01

ASIAN CITRUS Currency GBX

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
Revenue	177.94	136.05	80.09	59.49	39.12
Operating Profit/(Loss)	76.66	101.17	57.91	39.37	26.61
Net Interest	0.01	0.02	0.01	0.00	0.00
Profit Before Tax	76.65	101.15	57.90	39.36	26.95
Profit After Tax	76.65	100.98	57.71	39.16	29.26
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	76.65	100.98	57.71	39.16	29.26
Attributable to:
Minority Interests	-1.49	-0.92	0.00	0.00	0.00
Equity Holders of Parent Company	75.16	100.06	57.71	39.16	29.26

Continuing EPS
Earnings per Share - Basic	6.16p	9.52p	7.31p	5.17p	39.43p
Earnings per Share - Diluted	6.14p	9.47p	7.25p	5.17p	39.36p
Earnings per Share - Adjusted	6.16p	9.52p	7.31p	5.17p	39.43p
Continuing and Discontinued EPS
Earnings per Share - Basic	6.16p	9.52p	7.31p	5.17p	39.43p
Earnings per Share - Diluted	6.14p	9.47p	7.25p	5.17p	39.36p
Earnings per Share - Adjusted	6.16p	9.52p	7.31p	5.17p	39.43p

Dividend per Share	1.30p	1.30p	0.71p	7.42p	4.45p

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	183.89	157.79	114.49	96.44	73.23
Intangible Assets	128.67	123.32	9.03	7.72	3.53
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.16
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	249.24	218.78	149.24	108.66	78.73
	561.80	499.89	272.76	212.82	155.64
Current Assets
Inventories	6.32	4.47	1.91	3.09	5.32
Trade & Other Receivables	8.70	9.29	10.83	6.19	1.54
Cash at Bank & in Hand	239.25	214.99	96.12	41.05	22.72
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	16.48	14.58	0.00	0.00	0.00
	270.75	243.33	108.86	50.33	29.57

Total Assets	832.55	743.22	381.62	263.15	185.22

Liabilities
Current Liabilities
Borrowings	-0.01	-0.01	0.00	0.00	0.00
Other Current Liabilities	-5.69	-5.92	-5.10	-4.61	-4.25
	-5.70	-5.93	-5.10	-4.61	-4.25

Net Current Assets	265.05	237.40	103.75	45.72	25.32

Non-Current Liabilities
Borrowings	-0.09	-0.10	0.00	0.00	0.00
Provisions	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-0.09	-0.10	0.00	0.00	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-5.80	-6.03	-5.10	-4.61	-4.25

Net Assets	826.76	737.20	376.52	258.54	180.97

Capital & Reserves
Share Capital	1.21	1.16	0.86	0.71	0.57
Share Premium Account	0.00	0.00	91.10	0.00	0.00
Other Reserves	815.31	727.63	53.97	257.83	0.00
Retained Earnings	0.00	0.00	230.58	0.00	180.40
Shareholders Funds	816.52	728.79	376.52	258.54	180.97

Minority Interests/Other Equity	10.24	8.41	0.00	0.00	0.00
Total Equity	826.76	737.20	376.52	258.54	180.97

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
PE Ratio - Adjusted	5.74	6.20	6.70	40.14	7.29
PEG - Adjusted	-0.16	0.20	0.16	-0.46	0.31
Earnings per Share Growth - Adjusted	-35.26%	30.27%	41.30%	-86.89%	23.57%
Dividend Cover	4.75	7.34	10.29	0.70	8.86
Revenue Per Share	14.58p	12.94p	10.13p	78.58p	52.73p
Pre-Tax Profit per Share	6.28p	9.62p	7.32p	51.99p	36.33p
Operating Margin	43.08%	74.36%	72.07%	65.90%	68.03%
Return on Capital Employed	10.98%	16.48%	15.76%	15.69%	15.19%

Continuing & Discontinued Operations
Dividend Yield	3.66%	2.20%	1.45%	3.58%	1.55%
Dividend per Share Growth	0.00%	82.54%	-90.43%	66.74%	5.95%
Net Asset Value per Share (exc. Intangibles)	56.33p	49.83p	43.10p	325.50p	238.64p
Net Gearing	-29.29%	-29.48%	-25.53%	-15.88%	-12.55%

Data is provided by Morningstar

ASIAN CITRUS - Fundamentals