BNK BANKERS PETROLEUM LIMITED COM SHS NPV (CDI)

BANKERS PET Currency GBX

Income Statement (£ m)	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Continuing Operations
Revenue	175.71	87.31	41.42	75.61	30.53
Operating Profit/(Loss)	65.36	25.64	3.55	11.20	3.95
Net Interest	1.71	1.65	1.55	1.55	0.95
Profit Before Tax	61.35	22.53	3.55	11.20	3.95
Profit After Tax	23.16	6.72	-0.09	-1.22	-1.17
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	23.16	6.72	-0.09	-1.22	-1.17
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	23.16	6.72	-0.09	-1.22	-1.17

Continuing EPS
Earnings per Share - Basic	9.40p	2.81p	-0.06p	-0.69p	-0.27p
Earnings per Share - Diluted	9.07p	2.75p	-0.06p	-0.69p	-0.27p
Earnings per Share - Adjusted	9.40p	2.81p	-0.06p	-0.69p	-0.27p
Continuing and Discontinued EPS
Earnings per Share - Basic	9.40p	2.81p	-0.06p	-0.69p	-0.27p
Earnings per Share - Diluted	9.07p	2.75p	-0.06p	-0.69p	-0.27p
Earnings per Share - Adjusted	9.40p	2.81p	-0.06p	-0.69p	-0.27p

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

Balance Sheet (£ m)	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Assets
Non-Current Assets
Property, Plant & Equipment	331.79	187.42	116.35	110.43	87.61
Intangible Assets	0.00	8.93	8.90	0.00	0.00
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.00	0.00	0.00
	331.79	196.35	125.25	110.43	87.61
Current Assets
Inventories	9.27	2.68	1.26	1.09	0.49
Trade & Other Receivables	47.28	29.29	19.79	21.82	11.32
Cash at Bank & in Hand	34.76	69.06	37.72	11.73	1.77
Current Asset Investments	2.37	0.00	4.50	2.15	0.56
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	93.68	101.03	63.27	36.79	14.14

Total Assets	425.47	297.37	188.52	147.22	101.76

Liabilities
Current Liabilities
Borrowings	-8.49	-2.56	-2.87	-14.57	-9.74
Other Current Liabilities	-33.53	-14.84	-12.06	-18.37	-9.19
	-42.02	-17.41	-14.93	-32.94	-18.93

Net Current Assets	51.66	83.62	48.34	3.85	-4.79

Non-Current Liabilities
Borrowings	-30.04	-13.93	-14.50	-4.72	-5.60
Provisions	-79.14	-40.65	-24.38	-21.61	-6.67
Other Non-Current Liabilities	-8.73	-4.23	-2.39	-1.99	-1.30
	-117.91	-58.81	-41.26	-28.31	-13.58

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-159.92	-76.22	-56.19	-61.25	-32.50

Net Assets	265.54	221.16	132.33	85.97	69.25

Capital & Reserves
Share Capital	204.63	197.60	127.44	83.60	67.99
Share Premium Account	0.00	0.00	0.00	0.00	0.00
Other Reserves	37.06	22.88	11.47	9.57	1.27
Retained Earnings	23.85	0.68	-6.59	-7.20	-0.01
Shareholders Funds	265.54	221.16	132.33	85.97	69.25

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	265.54	221.16	132.33	85.97	69.25

Ratios - based on IFRS	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Continuing Operations
PE Ratio - Adjusted	28.99	173.49	-6291.67	-43.48	-155.56
PEG - Adjusted	0.12	-0.04	69.17	-0.27	n/a
Earnings per Share Growth - Adjusted	234.34%	-4632.26%	-90.96%	158.87%	n/a
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	71.10p	36.88p	20.01p	44.10p	7.00p
Pre-Tax Profit per Share	24.82p	9.52p	1.72p	6.35p	0.89p
Operating Margin	35.65%	27.16%	12.32%	16.39%	15.80%
Return on Capital Employed	16.46%	8.98%	3.04%	9.89%	5.30%

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)	107.20p	86.70p	54.07p	47.09p	15.30p
Net Gearing	1.42%	-23.76%	-15.38%	8.79%	19.60%

Data is provided by Morningstar

BANKERS PET - Fundamentals