ALY ASHLEY (LAURA) HOLDINGS PLC ORD 5P

ASHLEY(LAURA) Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	28-Jan-12	29-Jan-11	30-Jan-10	31-Jan-09	26-Jan-08
Continuing Operations
Revenue	285.90	285.00	268.40	260.50	237.60
Operating Profit/(Loss)	18.30	19.80	12.70	10.50	18.50
Net Interest	0.20	0.40	0.20	0.00	0.00
Profit Before Tax	18.40	24.10	11.00	10.20	19.80
Profit After Tax	13.00	19.30	5.80	7.10	14.00
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	13.00	19.30	5.80	7.10	14.00
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	13.00	19.30	5.80	7.10	14.00

Continuing EPS
Earnings per Share - Basic	1.79p	2.65p	0.80p	0.97p	1.90p
Earnings per Share - Diluted	1.79p	2.65p	0.80p	0.97p	1.90p
Earnings per Share - Adjusted	1.84p	1.99p	0.67p	0.95p	1.90p
Continuing and Discontinued EPS
Earnings per Share - Basic	1.79p	2.65p	0.80p	0.97p	1.90p
Earnings per Share - Diluted	1.79p	2.65p	0.80p	0.97p	1.90p
Earnings per Share - Adjusted	1.84p	1.99p	0.67p	0.95p	1.90p

Dividend per Share	2.00p	1.25p	1.00p	2.00p	1.50p

Balance Sheet (£ m)	28-Jan-12	29-Jan-11	30-Jan-10	31-Jan-09	26-Jan-08
Assets
Non-Current Assets
Property, Plant & Equipment	27.30	23.70	36.10	39.40	33.40
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	8.50	6.40	5.20	6.20	5.70
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	1.70	2.00	1.90	1.80	3.80
	37.50	32.10	43.20	47.40	42.90
Current Assets
Inventories	53.10	48.70	48.00	53.10	39.50
Trade & Other Receivables	21.80	21.70	21.20	20.30	26.70
Cash at Bank & in Hand	35.00	38.50	17.40	7.90	29.20
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
	109.90	108.90	86.60	81.30	95.40

Total Assets	147.40	141.00	129.80	128.70	138.30

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	-79.80	-73.40	-72.70	-69.50	-68.10
	-79.80	-73.40	-72.70	-69.50	-68.10

Net Current Assets	30.10	35.50	13.90	11.80	27.30

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-0.50	-0.70	-1.20	-0.70	-1.80
Other Non-Current Liabilities	-6.70	-7.20	-6.90	-6.50	-6.50
	-7.20	-7.90	-8.10	-7.20	-8.30

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-87.00	-81.30	-80.80	-76.70	-76.40

Net Assets	60.40	59.70	49.00	52.00	61.90

Capital & Reserves
Share Capital	37.30	37.30	37.30	37.30	37.30
Share Premium Account	86.40	86.40	86.40	86.40	86.40
Other Reserves	-0.80	-0.80	-0.80	-0.80	-0.80
Retained Earnings	-62.50	-63.20	-73.90	-70.90	-61.00
Shareholders Funds	60.40	59.70	49.00	52.00	61.90

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	60.40	59.70	49.00	52.00	61.90

Ratios - based on IFRS	28-Jan-12	29-Jan-11	30-Jan-10	31-Jan-09	26-Jan-08
Continuing Operations
PE Ratio - Adjusted	12.16	11.93	19.40	10.79	12.63
PEG - Adjusted	-1.61	0.06	-0.66	-0.22	0.17
Earnings per Share Growth - Adjusted	-7.54%	197.01%	-29.47%	-50.00%	75.93%
Dividend Cover	0.92	1.59	0.67	0.48	1.27
Revenue Per Share	39.28p	39.16p	36.88p	35.71p	32.27p
Pre-Tax Profit per Share	2.53p	3.31p	1.51p	1.40p	2.69p
Operating Margin	6.16%	8.42%	4.55%	3.99%	7.79%
Return on Capital Employed	27.51%	36.24%	19.61%	17.23%	28.21%

Continuing & Discontinued Operations
Dividend Yield	8.94%	5.26%	7.69%	19.51%	6.25%
Dividend per Share Growth	60.00%	25.00%	-50.00%	33.33%	200.00%
Net Asset Value per Share (exc. Intangibles)	8.30p	8.20p	6.73p	7.15p	8.44p
Net Gearing	-57.95%	-64.49%	-35.51%	-15.19%	-47.17%

Data is provided by Morningstar

ASHLEY(LAURA) - Fundamentals