RAT RATHBONE BROTHERS PLC ORD 5P

RATHBONE BROS Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	n/a	n/a	n/a	n/a	n/a
Operating Profit/(Loss)	n/a	n/a	n/a	n/a	n/a
Net Interest	n/a	n/a	n/a	n/a	n/a
Profit Before Tax	38.81	39.15	30.08	29.47	42.31
Profit After Tax	29.22	28.71	21.55	20.20	28.89
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	-0.57	-9.89
PROFIT FOR THE PERIOD	29.22	28.71	21.55	19.63	19.00
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	29.22	28.71	21.55	19.63	19.00

Continuing EPS
Earnings per Share - Basic	67.00p	66.72p	49.76p	46.87p	67.57p
Earnings per Share - Diluted	66.41p	65.90p	49.35p	46.85p	67.02p
Earnings per Share - Adjusted	77.96p	78.79p	63.76p	52.36p	72.12p
Continuing and Discontinued EPS
Earnings per Share - Basic	67.00p	66.72p	49.76p	45.55p	44.45p
Earnings per Share - Diluted	66.41p	65.90p	49.35p	45.53p	44.09p
Earnings per Share - Adjusted	77.96p	78.79p	63.76p	51.04p	49.00p

Dividend per Share	46.00p	45.00p	42.00p	42.00p	41.00p

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	n/a	n/a	n/a	n/a	n/a
Intangible Assets	97.42	92.84	91.70	81.97	68.23
Investment Properties	n/a	n/a	n/a	n/a	n/a
Investments	616.01	912.55	20.00	126.93	106.99
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	11.95	10.66	6.14	5.68	6.82
	725.38	1016.05	117.85	214.58	182.04
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	241.506	112.795	48.285	27.367	39.412
Cash at Bank & in Hand	116.00	0.00	49.48	109.66	197.89
Current Asset Investments	54.82	54.99	812.51	685.48	891.11
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	412.32	167.79	910.28	822.51	1128.41

Total Assets	1137.71	1183.84	1028.12	1037.09	1310.45

Liabilities
Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Other Current Liabilities	n/a	n/a	n/a	n/a	n/a
	65.92	66.67	829.92	827.44	1111.13

Net Current Assets	346.41	101.12	80.36	-4.93	17.28

Non-Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Provisions	n/a	n/a	n/a	n/a	n/a
Other Non-Current Liabilities	n/a	n/a	n/a	n/a	n/a
	842.3	926.5	12.8	27.2	14.7

Other Liabilities	0.0	0.0	0.0	0.0	0.0
Total Liabilities	908.22	993.19	842.75	854.60	1125.82

Net Assets	229.49	190.65	185.37	182.49	184.63

Capital & Reserves
Share Capital	229.49	190.65	185.37	182.49	184.63
Share Premium Account	n/a	n/a	n/a	n/a	n/a
Other Reserves	n/a	n/a	n/a	n/a	n/a
Retained Earnings	n/a	n/a	n/a	n/a	n/a
Shareholders Funds	229.49	190.65	185.37	182.49	184.63

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	229.49	190.65	185.37	182.49	184.63

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	16.66	13.45	17.16	15.28	11.56
PEG - Adjusted	-15.87	0.57	0.79	-0.56	-2.47
Earnings per Share Growth - Adjusted	-1.05%	23.57%	21.77%	-27.40%	-4.68%
Dividend Cover	1.69	1.75	1.52	1.25	1.76
Revenue Per Share	n/a	n/a	n/a	n/a	n/a
Pre-Tax Profit per Share	89.01p	90.99p	69.46p	68.39p	98.97p
Operating Margin	n/a	n/a	n/a	n/a	n/a
Return on Capital Employed	n/a	n/a	n/a	n/a	n/a

Continuing & Discontinued Operations
Dividend Yield	3.54%	4.25%	3.84%	5.25%	4.92%
Dividend per Share Growth	2.22%	7.14%	0.00%	2.44%	9.33%
Net Asset Value per Share (exc. Intangibles)	287.40p	224.79p	215.95p	232.16p	271.59p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

RATHBONE BROS - Fundamentals