AVS AVESCO GROUP PLC ORD 10P

AVESCO GROUP Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	143.45	125.53	117.24	90.24	94.82
Operating Profit/(Loss)	4.50	1.52	-0.76	-12.11	7.41
Net Interest	0.83	0.81	1.37	1.15	1.52
Profit Before Tax	2.96	0.10	-2.12	-13.16	6.48
Profit After Tax	1.86	-0.13	-1.05	-13.24	6.66
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	1.86	-0.13	-1.05	-13.24	6.66
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	1.86	-0.13	-1.05	-13.24	6.66

Continuing EPS
Earnings per Share - Basic	7.30p	-0.50p	-4.20p	-52.90p	26.60p
Earnings per Share - Diluted	7.00p	-0.50p	-4.20p	-52.90p	26.60p
Earnings per Share - Adjusted	21.70p	2.60p	3.90p	-43.60p	3.30p
Continuing and Discontinued EPS
Earnings per Share - Basic	7.30p	-0.50p	-4.20p	-54.90p	21.60p
Earnings per Share - Diluted	7.00p	-0.50p	-4.20p	-54.90p	21.60p
Earnings per Share - Adjusted	21.70p	2.60p	3.90p	-43.60p	3.30p

Dividend per Share	3.00p	1.00p	0.00p	3.50p	6.00p

Balance Sheet (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Assets
Non-Current Assets
Property, Plant & Equipment	7.41	7.51	12.11	13.52	12.31
Intangible Assets	0.13	0.18	0.33	0.75	2.00
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.27	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	61.25	53.98	44.61	46.94	55.64
	69.05	61.66	57.05	61.20	69.95
Current Assets
Inventories	1.79	1.51	1.39	0.89	1.29
Trade & Other Receivables	26.66	23.68	19.47	16.26	26.47
Cash at Bank & in Hand	4.35	7.50	6.90	4.53	4.85
Current Asset Investments	0.00	0.00	0.00	0.00	0.15
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	32.80	32.68	27.75	21.68	32.74

Total Assets	101.85	94.35	84.80	82.88	102.69

Liabilities
Current Liabilities
Borrowings	-7.45	-5.48	-5.28	-6.64	-5.85
Other Current Liabilities	-29.27	-34.10	-24.71	-16.67	-23.07
	-36.72	-39.59	-29.99	-23.31	-28.92

Net Current Assets	-3.92	-6.90	-2.24	-1.63	3.82

Non-Current Liabilities
Borrowings	-21.66	-14.16	-15.34	-18.96	-18.84
Provisions	-4.86	-3.53	-2.21	-2.09	-1.90
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-26.52	-17.69	-17.56	-21.04	-20.74

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-63.24	-57.27	-47.55	-44.35	-49.66

Net Assets	38.61	37.07	37.25	38.53	53.03

Capital & Reserves
Share Capital	2.60	2.60	2.60	2.60	2.60
Share Premium Account	23.29	23.29	23.29	23.29	23.29
Other Reserves	-0.03	0.12	0.21	0.62	0.50
Retained Earnings	12.75	11.07	11.15	12.03	26.64
Shareholders Funds	38.61	37.07	37.25	38.53	53.03

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	38.61	37.07	37.25	38.53	53.03

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	7.26	45.58	17.56	-0.63	10.00
PEG - Adjusted	0.01	-1.37	-0.16	0.00	0.03
Earnings per Share Growth - Adjusted	734.62%	-33.33%	-108.94%	-1421.21%	371.43%
Dividend Cover	7.23	2.60	n/a	-12.46	0.55
Revenue Per Share	564.93p	496.87p	468.51p	360.64p	378.47p
Pre-Tax Profit per Share	11.67p	0.40p	-8.46p	-52.60p	25.88p
Operating Margin	2.42%	0.72%	-0.64%	-13.42%	7.82%
Return on Capital Employed	5.23%	1.52%	-1.26%	-18.36%	10.30%

Continuing & Discontinued Operations
Dividend Yield	1.90%	0.84%	0.00%	12.73%	18.18%
Dividend per Share Growth	200.00%	n/a	-100.00%	-41.67%	n/a
Net Asset Value per Share (exc. Intangibles)	148.08p	147.44p	147.55p	150.99p	203.94p
Net Gearing	64.14%	32.74%	36.85%	54.66%	37.42%

Data is provided by Morningstar

AVESCO GROUP - Fundamentals