OSG OPSEC SECURITY GROUP PLC ORD 5P

OPSEC Currency GBX

Income Statement (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
Revenue	38.29	40.36	34.99	39.34	33.01
Operating Profit/(Loss)	-0.61	3.39	1.65	0.57	2.71
Net Interest	0.84	1.38	0.74	0.76	0.15
Profit Before Tax	-1.73	1.21	-0.26	-0.78	2.65
Profit After Tax	-1.86	1.36	-0.11	-1.68	4.61
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-1.86	1.36	-0.11	-1.68	4.61
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-1.86	1.36	-0.11	-1.68	4.61

Continuing EPS
Earnings per Share - Basic	-3.40p	2.70p	-0.20p	-3.30p	9.20p
Earnings per Share - Diluted	-3.40p	2.50p	-0.20p	-3.30p	8.40p
Earnings per Share - Adjusted	2.00p	3.50p	3.30p	2.90p	5.90p
Continuing and Discontinued EPS
Earnings per Share - Basic	-3.40p	2.70p	-0.20p	-3.30p	9.20p
Earnings per Share - Diluted	-3.40p	2.50p	-0.20p	-3.30p	8.40p
Earnings per Share - Adjusted	2.00p	3.50p	3.30p	2.90p	5.90p

Dividend per Share	0.00p	0.00p	0.00p	0.00p	1.00p

Balance Sheet (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Assets
Non-Current Assets
Property, Plant & Equipment	7.23	7.74	9.02	11.63	7.83
Intangible Assets	37.83	24.93	26.68	28.61	10.58
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.02	0.14	0.36	0.55	0.41
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	3.45	3.66	3.90	4.35	5.81
	48.52	36.47	39.95	45.14	24.62
Current Assets
Inventories	4.36	3.59	3.19	3.87	3.55
Trade & Other Receivables	9.01	8.90	7.71	7.52	5.91
Cash at Bank & in Hand	4.91	6.25	7.38	4.24	0.88
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	1.03	0.00	0.00
	18.28	18.74	19.31	15.63	10.33

Total Assets	66.80	55.21	59.26	60.77	34.96

Liabilities
Current Liabilities
Borrowings	-1.00	0.00	0.00	-1.25	-0.11
Other Current Liabilities	-22.03	-10.23	-11.36	-14.73	-6.28
	-23.03	-10.23	-11.36	-15.98	-6.38

Net Current Assets	-4.75	8.51	7.95	-0.35	3.95

Non-Current Liabilities
Borrowings	-3.79	-6.79	-9.36	-11.79	-1.81
Provisions	-1.66	-0.15	-0.22	-0.28	0.00
Other Non-Current Liabilities	-9.25	-7.35	-7.34	-0.74	-0.18
	-14.71	-14.28	-16.92	-12.81	-1.99

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-37.74	-24.51	-28.28	-28.79	-8.37

Net Assets	29.06	30.70	30.98	31.98	26.58

Capital & Reserves
Share Capital	3.00	2.80	2.80	2.67	2.67
Share Premium Account	29.69	29.69	29.69	29.31	29.31
Other Reserves	2.84	3.21	4.43	5.53	-1.52
Retained Earnings	-6.46	-5.00	-5.94	-5.53	-3.87
Shareholders Funds	29.06	30.70	30.98	31.98	26.58

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	29.06	30.70	30.98	31.98	26.58

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
PE Ratio - Adjusted	22.50	5.93	5.38	3.45	7.03
PEG - Adjusted	-0.52	0.98	0.39	-0.07	-0.21
Earnings per Share Growth - Adjusted	-42.86%	6.06%	13.79%	-50.85%	-32.95%
Dividend Cover	n/a	n/a	n/a	n/a	5.90
Revenue Per Share	69.83p	79.23p	67.91p	77.69p	65.69p
Pre-Tax Profit per Share	-3.15p	2.37p	-0.51p	-1.54p	5.26p
Operating Margin	-3.28%	4.12%	0.02%	-1.85%	5.59%
Return on Capital Employed	38.50%	20.38%	3.47%	-0.14%	15.56%

Continuing & Discontinued Operations
Dividend Yield	0.00%	0.00%	0.00%	0.00%	2.41%
Dividend per Share Growth	n/a	n/a	n/a	-100.00%	n/a
Net Asset Value per Share (exc. Intangibles)	-14.61p	10.30p	7.67p	6.31p	29.99p
Net Gearing	-0.41%	1.76%	6.40%	27.50%	3.92%

Data is provided by Morningstar

OPSEC - Fundamentals