CGL CATLIN GROUP LTD COMS SHS $0.01

CATLIN GRP Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	n/a	n/a	n/a	n/a	n/a
Operating Profit/(Loss)	n/a	n/a	n/a	n/a	n/a
Net Interest	n/a	n/a	n/a	n/a	n/a
Profit Before Tax	208.55	45.69	259.31	372.94	-8.92
Profit After Tax	214.70	52.76	243.34	342.01	-2.06
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	214.70	52.76	243.34	342.01	-2.06
Attributable to:
Minority Interests	-27.07	-28.31	0.00	0.00	0.00
Equity Holders of Parent Company	187.63	24.45	243.34	342.01	-2.06

Continuing EPS
Earnings per Share - Basic	54.14p	7.08p	62.59p	94.01p	-13.03p
Earnings per Share - Diluted	51.06p	7.08p	59.40p	90.92p	-13.03p
Earnings per Share - Adjusted	54.14p	7.08p	62.59p	94.01p	-13.03p
Continuing and Discontinued EPS
Earnings per Share - Basic	54.14p	7.08p	62.59p	94.01p	-13.03p
Earnings per Share - Diluted	51.06p	7.08p	59.40p	90.92p	-13.03p
Earnings per Share - Adjusted	54.14p	7.08p	62.59p	94.01p	-13.03p

Dividend per Share	26.60p	26.90p	25.40p	23.93p	22.37p

Balance Sheet (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Assets
Non-Current Assets
Property, Plant & Equipment	0.00	0.00	0.00	0.00	0.00
Intangible Assets	728.39	717.46	683.40	624.65	615.83
Investment Properties	n/a	n/a	n/a	n/a	n/a
Investments	3875.73	4069.88	3430.42	3211.70	2453.71
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	n/a	n/a	n/a	n/a	n/a
	4604.12	4787.34	4113.82	3836.35	3069.54
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	2511.84	2223.80	1910.33	1842.41	1939.38
Cash at Bank & in Hand	1521.99	1327.46	1692.53	1546.17	1615.01
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	4033.84	3551.25	3602.86	3388.58	3554.38

Total Assets	8637.96	8338.59	7716.68	7224.94	6623.92

Liabilities
Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Other Current Liabilities	n/a	n/a	n/a	n/a	n/a
	4481.698	4527.379	349.365	332.735	325.058

Net Current Assets	-447.86	-976.13	3253.50	3055.85	3229.32

Non-Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Provisions	n/a	n/a	n/a	n/a	n/a
Other Non-Current Liabilities	1939.10	1630.53	5105.70	4804.87	4538.47
	1995.69	1689.08	5165.10	4864.87	4605.68

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	6477.39	6216.46	5514.47	5197.60	4930.74

Net Assets	2160.57	2122.13	2202.21	2027.34	1693.18

Capital & Reserves
Share Capital	2160.57	2122.13	2202.21	2027.34	1693.18
Share Premium Account	n/a	n/a	n/a	n/a	n/a
Other Reserves	n/a	n/a	n/a	n/a	n/a
Retained Earnings	n/a	n/a	n/a	n/a	n/a
Shareholders Funds	2160.57	2122.13	2202.21	2027.34	1693.18

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	2160.57	2122.13	2202.21	2027.34	1693.18

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	9.30	56.31	5.91	3.62	-33.27
PEG - Adjusted	0.01	-0.63	-0.18	0.00	0.29
Earnings per Share Growth - Adjusted	664.86%	-88.69%	-33.42%	-821.47%	-114.22%
Dividend Cover	2.04	0.26	2.46	3.93	-0.58
Revenue Per Share	n/a	n/a	n/a	n/a	n/a
Pre-Tax Profit per Share	59.75p	13.27p	75.24p	111.74p	-3.57p
Operating Margin	n/a	n/a	n/a	n/a	n/a
Return on Capital Employed	n/a	n/a	n/a	n/a	n/a

Continuing & Discontinued Operations
Dividend Yield	5.28%	6.75%	6.86%	7.04%	5.16%
Dividend per Share Growth	-1.12%	5.91%	6.16%	6.97%	-10.89%
Net Asset Value per Share (exc. Intangibles)	407.97p	389.15p	422.93p	390.83p	422.22p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

CATLIN GRP - Fundamentals