BISI BISICHI MINING PLC ORD 10P

BISICHI MINING Currency GBX Standard Shares

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	35.96	29.91	32.82	29.02	25.98
Operating Profit/(Loss)	2.46	-1.33	-1.71	4.89	2.62
Net Interest	0.35	0.37	0.29	0.09	0.18
Profit Before Tax	2.19	-1.45	-1.81	5.00	2.12
Profit After Tax	1.54	-0.55	-1.29	3.67	0.31
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	1.54	-0.55	-1.29	3.67	0.31
Attributable to:
Minority Interests	-0.25	0.10	0.07	0.00	-0.00
Equity Holders of Parent Company	1.30	-0.44	-1.21	3.67	0.30

Continuing EPS
Earnings per Share - Basic	12.27p	-4.23p	-11.60p	35.14p	2.89p
Earnings per Share - Diluted	12.08p	-4.23p	-11.60p	34.35p	2.83p
Earnings per Share - Adjusted	12.27p	-4.23p	-15.26p	28.54p	34.76p
Continuing and Discontinued EPS
Earnings per Share - Basic	12.27p	-4.23p	-11.60p	35.14p	2.89p
Earnings per Share - Diluted	12.08p	-4.23p	-11.60p	34.35p	2.83p
Earnings per Share - Adjusted	12.27p	-4.23p	-15.26p	28.54p	34.76p

Dividend per Share	4.00p	4.00p	4.00p	3.50p	3.00p

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	-3.18	-4.36	-2.26	-3.56	-3.99
Intangible Assets	0.00	0.00	0.00	0.00	0.00
Investment Properties	11.81	12.29	12.11	11.87	11.77
Investments	3.19	2.73	3.76	3.76	3.41
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	1.12	0.00	0.00	0.00	0.00
	24.76	22.94	25.72	23.92	22.97
Current Assets
Inventories	1.88	1.21	0.71	1.14	1.40
Trade & Other Receivables	7.65	6.20	4.83	2.08	5.54
Cash at Bank & in Hand	1.80	4.04	5.40	6.61	3.41
Current Asset Investments	0.79	0.73	0.61	0.51	0.63
Other Current Assets	0.00	1.79	0.00	0.00	0.00
	12.12	13.96	11.54	10.34	10.98

Total Assets	36.88	36.91	37.26	34.26	33.94

Liabilities
Current Liabilities
Borrowings	-6.19	-8.16	-1.76	-4.59	-6.88
Other Current Liabilities	-9.22	-8.59	-8.23	-5.83	-7.45
	-15.41	-16.75	-9.99	-10.42	-14.33

Net Current Assets	-3.29	-2.79	1.56	-0.09	-3.35

Non-Current Liabilities
Borrowings	-0.29	-0.31	-5.56	-0.78	-0.78
Provisions	-3.43	-2.85	-3.37	-3.76	-3.20
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-3.71	-3.15	-8.92	-4.54	-3.97

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-19.12	-19.90	-18.91	-14.96	-18.30

Net Assets	17.76	17.00	18.35	19.30	15.65

Capital & Reserves
Share Capital	1.06	1.06	1.05	1.05	1.05
Share Premium Account	0.17	0.17	0.00	0.00	0.00
Other Reserves	-0.28	0.05	0.55	-0.21	-0.55
Retained Earnings	16.37	15.49	16.36	18.46	15.15
Shareholders Funds	17.32	16.77	17.95	19.30	15.65

Minority Interests/Other Equity	0.44	0.23	0.39	0.00	0.00
Total Equity	17.76	17.00	18.35	19.30	15.65

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	8.96	-34.28	-13.11	6.13	4.03
PEG - Adjusted	-0.02	0.47	0.09	-0.34	0.00
Earnings per Share Growth - Adjusted	-390.07%	-72.28%	-153.47%	-17.89%	3850.00%
Dividend Cover	3.07	-1.06	-3.82	8.15	11.59
Revenue Per Share	340.65p	284.98p	314.05p	277.61p	248.56p
Pre-Tax Profit per Share	20.74p	-13.82p	-17.35p	47.87p	20.25p
Operating Margin	6.67%	-4.48%	-5.63%	14.97%	10.73%
Return on Capital Employed	9.19%	-3.82%	-5.24%	17.93%	8.65%

Continuing & Discontinued Operations
Dividend Yield	3.64%	2.76%	2.00%	2.00%	2.14%
Dividend per Share Growth	0.00%	0.00%	14.29%	16.67%	20.00%
Net Asset Value per Share (exc. Intangibles)	164.01p	158.88p	171.78p	184.65p	149.69p
Net Gearing	26.98%	26.38%	10.69%	-6.41%	27.09%

Data is provided by Morningstar

BISICHI MINING - Fundamentals