AEP ANGLO-EASTERN PLANTATIONS PLC ORD 25P

ANGLO-EASTERN 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	146.02	166.68	119.58	92.82	119.79
Operating Profit/(Loss)	49.74	76.94	53.25	37.01	51.72
Net Interest	0.07	0.46	0.77	1.37	1.84
Profit Before Tax	51.70	79.13	54.31	38.40	53.40
Profit After Tax	38.57	58.49	39.90	27.93	35.65
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	38.57	58.49	39.90	27.93	35.65
Attributable to:
Minority Interests	-8.56	-9.02	-7.11	-4.74	-6.85
Equity Holders of Parent Company	30.02	49.47	32.78	23.19	28.80

Continuing EPS
Earnings per Share - Basic	75.73p	125.12p	82.92p	58.75p	72.08p
Earnings per Share - Diluted	75.64p	124.67p	82.56p	58.75p	71.87p
Earnings per Share - Adjusted	82.43p	99.19p	63.61p	58.20p	70.64p
Continuing and Discontinued EPS
Earnings per Share - Basic	75.73p	125.12p	82.92p	58.75p	72.08p
Earnings per Share - Diluted	75.64p	124.67p	82.56p	58.75p	71.87p
Earnings per Share - Adjusted	82.43p	99.19p	63.61p	58.20p	70.64p

Dividend per Share	3.89p	3.10p	3.27p	3.03p	7.30p

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	111.17	116.33	240.26	123.95	109.73
Intangible Assets	0.00	0.00	0.00	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	173.38	174.22	44.76	30.48	27.79
	284.54	290.55	285.02	154.43	137.52
Current Assets
Inventories	3.74	6.07	4.36	2.30	2.88
Trade & Other Receivables	7.48	6.42	6.83	4.80	3.36
Cash at Bank & in Hand	71.52	58.22	45.27	39.43	47.62
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
	82.73	70.71	56.45	46.54	53.86

Total Assets	367.27	361.27	341.48	200.97	191.38

Liabilities
Current Liabilities
Borrowings	-0.03	-4.16	-10.00	-5.83	-5.93
Other Current Liabilities	-13.92	-20.52	-12.97	-5.79	-14.52
	-13.95	-24.68	-22.96	-11.62	-20.45

Net Current Assets	68.78	46.03	33.49	34.92	33.42

Non-Current Liabilities
Borrowings	-15.40	-0.04	-4.11	-10.88	-18.53
Provisions	-28.70	-33.80	-39.15	-17.80	-19.51
Other Non-Current Liabilities	-1.88	-1.03	-1.47	-1.13	-1.03
	-45.97	-34.87	-44.73	-29.81	-39.07

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-59.93	-59.55	-67.69	-41.43	-59.52

Net Assets	307.35	301.72	273.79	159.54	131.87

Capital & Reserves
Share Capital	9.54	9.98	8.94	8.51	9.41
Share Premium Account	14.73	15.40	15.29	14.80	16.41
Other Reserves	-33.13	-18.37	55.68	-3.91	-14.40
Retained Earnings	262.80	244.92	146.30	111.07	98.80
Shareholders Funds	253.93	251.93	226.21	130.48	110.23

Minority Interests/Other Equity	53.41	49.78	47.58	29.06	21.64
Total Equity	307.35	301.72	273.79	159.54	131.87

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	8.13	6.91	11.44	6.68	3.81
PEG - Adjusted	-0.48	0.12	1.23	-0.38	0.05
Earnings per Share Growth - Adjusted	-16.90%	55.94%	9.28%	-17.60%	83.70%
Dividend Cover	21.20	32.00	19.46	19.21	9.68
Revenue Per Share	368.40p	421.56p	302.45p	235.17p	299.66p
Pre-Tax Profit per Share	130.44p	200.12p	137.37p	97.28p	133.59p
Operating Margin	34.05%	46.24%	44.88%	40.71%	44.03%
Return on Capital Employed	14.65%	23.36%	16.77%	20.38%	31.24%

Continuing & Discontinued Operations
Dividend Yield	0.58%	0.45%	0.45%	0.78%	2.71%
Dividend per Share Growth	25.42%	-5.14%	7.85%	-58.49%	33.70%
Net Asset Value per Share (exc. Intangibles)	640.67p	638.29p	572.11p	330.58p	279.35p
Net Gearing	-22.09%	-21.44%	-13.77%	-17.42%	-21.01%

Data is provided by Morningstar

ANGLO-EASTERN - Fundamentals