HLS HELESI PLC ORD EUR0.10 (DI)

HELESI Currency GBX

Income Statement (£ m)	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Continuing Operations
Revenue	28.34	42.91	65.69	62.98	36.70
Operating Profit/(Loss)	-15.08	-5.09	3.91	6.97	6.39
Net Interest	3.96	3.17	3.24	2.65	1.34
Profit Before Tax	-15.08	-5.09	3.91	6.97	5.14
Profit After Tax	-17.07	-4.36	2.54	6.33	4.57
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-17.07	-4.36	2.54	6.33	4.57
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-17.07	-4.36	2.54	6.33	4.57

Continuing EPS
Earnings per Share - Basic	-42.60p	-11.14p	7.10p	19.14p	13.94p
Earnings per Share - Diluted	-42.60p	-11.14p	7.10p	19.14p	13.94p
Earnings per Share - Adjusted	-42.60p	-11.14p	7.10p	19.14p	13.94p
Continuing and Discontinued EPS
Earnings per Share - Basic	-42.60p	-11.14p	7.10p	19.14p	13.94p
Earnings per Share - Diluted	-42.60p	-11.14p	7.10p	19.14p	13.94p
Earnings per Share - Adjusted	-42.60p	-11.14p	7.10p	19.14p	13.94p

Dividend per Share	0.00p	0.00p	0.00p	0.88p	0.41p

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	62.11	64.57	67.42	34.16	24.22
Intangible Assets	7.73	11.97	11.86	12.82	9.30
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	2.33	4.72	2.46	30.68	17.25
	72.17	81.26	81.74	77.66	50.77
Current Assets
Inventories	4.07	7.58	10.61	17.88	8.30
Trade & Other Receivables	28.21	31.33	47.15	55.77	21.35
Cash at Bank & in Hand	1.00	0.86	1.25	2.26	7.63
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	33.28	39.78	59.01	75.91	37.27

Total Assets	105.46	121.04	140.75	153.57	88.04

Liabilities
Current Liabilities
Borrowings	-24.75	-29.34	-41.74	-40.61	-22.66
Other Current Liabilities	-20.80	-22.66	-24.74	-37.92	-24.40
	-45.55	-52.00	-66.49	-78.52	-47.07

Net Current Assets	-12.26	-12.22	-7.48	-2.61	-9.80

Non-Current Liabilities
Borrowings	-30.61	-25.37	-23.20	-25.63	-9.14
Provisions	-2.76	-0.99	-2.30	-1.63	-1.00
Other Non-Current Liabilities	-1.26	-0.13	-0.10	-2.95	-0.04
	-34.64	-26.49	-25.60	-30.21	-10.18

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-80.19	-78.49	-92.08	-108.74	-57.25

Net Assets	25.27	42.55	48.67	44.84	30.79

Capital & Reserves
Share Capital	3.33	3.41	3.53	3.14	2.40
Share Premium Account	28.10	28.82	29.87	28.67	21.97
Other Reserves	8.34	7.67	8.02	6.93	4.32
Retained Earnings	-14.49	2.64	7.25	6.10	2.10
Shareholders Funds	25.27	42.55	48.67	44.84	30.79

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	25.27	42.55	48.67	44.84	30.79

Ratios - based on IFRS	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Continuing Operations
PE Ratio - Adjusted	-0.06	-0.81	3.38	3.53	9.58
PEG - Adjusted	0.00	0.00	-0.05	0.09	n/a
Earnings per Share Growth - Adjusted	282.43%	-256.84%	-62.90%	37.36%	n/a
Dividend Cover	n/a	n/a	n/a	21.75	33.99
Revenue Per Share	71.20p	107.81p	177.03p	192.16p	111.97p
Pre-Tax Profit per Share	-37.88p	-12.78p	10.54p	21.27p	15.69p
Operating Margin	-39.30%	-4.70%	10.79%	15.03%	16.88%
Return on Capital Employed	-14.66%	-2.22%	6.86%	9.62%	11.93%

Continuing & Discontinued Operations
Dividend Yield	0.00%	0.00%	0.00%	1.30%	0.31%
Dividend per Share Growth	n/a	n/a	-100.00%	114.63%	n/a
Net Asset Value per Share (exc. Intangibles)	44.07p	76.81p	92.47p	97.69p	65.57p
Net Gearing	215.14%	126.57%	130.86%	142.69%	78.51%

Data is provided by Morningstar

HELESI - Fundamentals