RHL REDHALL GROUP PLC ORD 25P

REDHALL GROUP Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	116.77	117.76	144.72	128.96	86.71
Operating Profit/(Loss)	-4.03	-7.62	4.92	5.44	4.45
Net Interest	0.62	0.54	0.16	0.17	0.38
Profit Before Tax	-4.65	-8.10	4.54	5.14	4.38
Profit After Tax	-4.31	-6.96	3.56	4.10	3.60
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-4.31	-6.96	3.56	4.10	3.60
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-4.31	-6.96	3.56	4.10	3.60

Continuing EPS
Earnings per Share - Basic	-14.46p	-23.50p	12.02p	14.23p	16.89p
Earnings per Share - Diluted	-14.46p	-23.50p	11.94p	14.07p	16.62p
Earnings per Share - Adjusted	4.85p	9.55p	17.14p	16.16p	15.69p
Continuing and Discontinued EPS
Earnings per Share - Basic	-14.46p	-23.50p	12.02p	14.23p	16.89p
Earnings per Share - Diluted	-14.46p	-23.50p	11.94p	14.07p	16.62p
Earnings per Share - Adjusted	4.85p	9.55p	17.14p	16.16p	15.69p

Dividend per Share	0.00p	3.00p	4.55p	4.15p	2.75p

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	5.30	6.22	6.35	6.58	5.25
Intangible Assets	29.58	30.13	30.83	31.51	11.49
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	0.00	0.00	0.00	0.00	0.48
	34.89	36.35	37.18	38.08	17.21
Current Assets
Inventories	0.59	0.54	0.55	0.48	0.43
Trade & Other Receivables	37.73	41.38	38.30	28.86	24.82
Cash at Bank & in Hand	2.41	0.00	9.28	10.63	6.69
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.14	0.25	0.25	0.25
	40.72	42.06	48.38	40.22	32.19

Total Assets	75.61	78.41	85.57	78.30	49.40

Liabilities
Current Liabilities
Borrowings	0.00	-0.17	-0.49	-0.49	-0.49
Other Current Liabilities	-28.49	-27.70	-32.37	-27.26	-22.91
	-28.49	-27.86	-32.86	-27.76	-23.40

Net Current Assets	12.23	14.19	15.52	12.46	8.79

Non-Current Liabilities
Borrowings	-13.00	-10.00	-3.35	-3.84	-4.34
Provisions	-0.34	-1.63	-2.13	-1.66	0.00
Other Non-Current Liabilities	-2.81	-1.48	-2.21	-2.18	-0.89
	-16.15	-13.11	-7.69	-7.68	-5.22

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-44.64	-40.97	-40.55	-35.44	-28.62

Net Assets	30.96	37.43	45.01	42.87	20.78

Capital & Reserves
Share Capital	7.46	7.40	7.40	7.40	5.33
Share Premium Account	19.13	19.10	19.10	19.09	1.12
Other Reserves	13.11	13.65	13.78	13.67	13.61
Retained Earnings	-8.74	-2.71	4.74	2.71	0.73
Shareholders Funds	30.96	37.43	45.01	42.87	20.78

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	30.96	37.43	45.01	42.87	20.78

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	11.34	6.75	8.14	11.20	15.93
PEG - Adjusted	-0.23	-0.15	1.34	3.73	0.49
Earnings per Share Growth - Adjusted	-49.21%	-44.28%	6.06%	3.00%	32.29%
Dividend Cover	n/a	3.18	3.77	3.89	5.71
Revenue Per Share	392.01p	397.61p	488.84p	447.84p	406.63p
Pre-Tax Profit per Share	-15.62p	-27.34p	15.32p	17.83p	20.54p
Operating Margin	-3.45%	-6.47%	3.21%	3.97%	5.09%
Return on Capital Employed	-22.98%	-36.74%	21.00%	27.16%	31.73%

Continuing & Discontinued Operations
Dividend Yield	0.00%	4.65%	3.26%	2.29%	1.10%
Dividend per Share Growth	-100.00%	-34.07%	9.64%	50.91%	37.50%
Net Asset Value per Share (exc. Intangibles)	4.62p	24.67p	47.89p	38.39p	43.59p
Net Gearing	34.21%	27.16%	-12.09%	-14.69%	-8.96%

Data is provided by Morningstar

REDHALL GROUP - Fundamentals