GHH GOOCH & HOUSEGO PLC ORD 20P

GOOCH & HOUSEGO Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	60.85	61.01	44.68	36.41	33.37
Operating Profit/(Loss)	7.85	9.68	5.93	2.78	5.35
Net Interest	0.80	0.85	0.75	1.06	0.31
Profit Before Tax	7.08	8.81	5.10	1.42	5.14
Profit After Tax	5.32	7.52	4.69	0.96	3.58
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	5.32	7.52	4.69	0.96	3.58
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	5.32	7.52	4.69	0.96	3.58

Continuing EPS
Earnings per Share - Basic	24.40p	35.50p	24.40p	5.00p	18.50p
Earnings per Share - Diluted	22.80p	33.60p	23.80p	5.00p	18.00p
Earnings per Share - Adjusted	28.20p	38.00p	23.00p	11.50p	19.60p
Continuing and Discontinued EPS
Earnings per Share - Basic	24.40p	35.50p	24.40p	5.00p	18.50p
Earnings per Share - Diluted	22.80p	33.60p	23.80p	5.00p	18.00p
Earnings per Share - Adjusted	28.20p	38.00p	23.00p	11.50p	19.60p

Dividend per Share	5.00p	4.00p	0.00p	0.00p	4.50p

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	20.48	20.12	15.72	16.55	16.15
Intangible Assets	20.72	22.08	15.29	16.86	7.44
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	5.24	4.36	3.13	1.51	1.38
	46.43	46.57	34.14	34.91	24.97
Current Assets
Inventories	12.80	11.26	7.28	6.69	5.93
Trade & Other Receivables	11.06	12.60	7.76	6.64	8.44
Cash at Bank & in Hand	11.71	13.84	8.29	6.71	3.90
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
	35.58	37.70	23.33	20.05	18.27

Total Assets	82.01	84.27	57.47	54.96	43.24

Liabilities
Current Liabilities
Borrowings	-5.77	-6.00	-4.98	-8.07	-6.72
Other Current Liabilities	-10.58	-13.66	-7.02	-4.61	-5.89
	-16.35	-19.66	-12.00	-12.68	-12.61

Net Current Assets	19.23	18.05	11.33	7.36	5.66

Non-Current Liabilities
Borrowings	-6.26	-9.70	-8.55	-10.75	-0.48
Provisions	-0.70	-0.56	-0.70	-0.53	-1.11
Other Non-Current Liabilities	-0.13	-0.26	-0.17	-0.19	0.00
	-7.09	-10.51	-9.41	-11.48	-1.59

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-23.44	-30.17	-21.41	-24.16	-14.20

Net Assets	58.57	54.10	36.05	30.80	29.04

Capital & Reserves
Share Capital	4.38	4.37	3.85	3.85	3.85
Share Premium Account	14.31	14.20	4.11	4.11	4.11
Other Reserves	2.01	3.00	2.76	2.97	2.73
Retained Earnings	37.87	32.54	25.33	19.87	18.35
Shareholders Funds	58.57	54.10	36.05	30.80	29.04

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	58.57	54.10	36.05	30.80	29.04

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	15.34	9.74	15.54	11.13	10.33
PEG - Adjusted	-0.59	0.15	0.16	-0.27	-0.56
Earnings per Share Growth - Adjusted	-25.79%	65.22%	100.00%	-41.33%	-18.33%
Dividend Cover	5.64	9.50	n/a	n/a	4.36
Revenue Per Share	278.37p	288.28p	231.95p	189.03p	172.15p
Pre-Tax Profit per Share	32.37p	41.62p	26.45p	7.39p	26.49p
Operating Margin	12.90%	15.78%	13.09%	6.72%	15.99%
Return on Capital Employed	15.57%	20.00%	16.72%	7.45%	18.21%

Continuing & Discontinued Operations
Dividend Yield	1.16%	1.08%	0.00%	0.00%	2.22%
Dividend per Share Growth	25.00%	n/a	n/a	-100.00%	4.65%
Net Asset Value per Share (exc. Intangibles)	172.73p	146.53p	107.78p	72.36p	112.13p
Net Gearing	0.55%	3.43%	14.54%	39.31%	11.35%

Data is provided by Morningstar

GOOCH & HOUSEGO - Fundamentals