DWHT DEWHURST PLC ORD 10P

DEWHURST Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	51.56	41.49	36.98	35.84	36.33
Operating Profit/(Loss)	5.66	4.42	4.87	4.51	4.35
Net Interest	0.01	0.02	0.00	0.00	0.00
Profit Before Tax	5.44	4.32	4.83	4.43	4.68
Profit After Tax	3.75	2.89	3.49	3.27	3.44
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	3.75	2.89	3.49	3.27	3.44
Attributable to:
Minority Interests	0.03	0.03	0.00	0.00	0.00
Equity Holders of Parent Company	3.79	2.92	3.49	3.27	3.44

Continuing EPS
Earnings per Share - Basic	44.48p	34.35p	40.97p	38.43p	38.92p
Earnings per Share - Diluted	44.48p	34.35p	40.97p	38.43p	38.92p
Earnings per Share - Adjusted	44.48p	34.35p	40.97p	38.43p	38.92p
Continuing and Discontinued EPS
Earnings per Share - Basic	44.48p	34.35p	40.97p	38.43p	38.92p
Earnings per Share - Diluted	44.48p	34.35p	40.97p	38.43p	38.92p
Earnings per Share - Adjusted	44.48p	34.35p	40.97p	38.43p	38.92p

Dividend per Share	6.80p	6.47p	6.16p	5.86p	5.52p

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	9.67	9.58	4.61	4.52	4.22
Intangible Assets	3.68	7.52	6.31	6.16	5.60
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.64	0.00	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	2.04	1.78	1.56	1.22	0.88
	15.39	18.88	13.12	11.90	10.69
Current Assets
Inventories	4.85	4.27	4.01	3.98	4.12
Trade & Other Receivables	8.42	8.60	7.02	7.09	7.15
Cash at Bank & in Hand	11.10	5.01	9.59	7.48	5.12
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
	24.37	17.88	20.62	18.55	16.40

Total Assets	39.76	36.75	33.74	30.45	27.09

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	-6.34	-5.70	-4.58	-4.90	-5.51
	-6.34	-5.70	-4.58	-4.90	-5.51

Net Current Assets	18.03	12.18	16.04	13.66	10.89

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	-11.86	-9.30	-8.07	-6.07	-3.70
	-11.86	-9.30	-8.07	-6.07	-3.70

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-18.20	-15.00	-12.65	-10.97	-9.21

Net Assets	21.56	21.75	21.09	19.48	17.88

Capital & Reserves
Share Capital	0.85	0.85	0.85	0.85	0.85
Share Premium Account	0.16	0.16	0.16	0.16	0.16
Other Reserves	2.38	2.35	2.38	1.93	1.12
Retained Earnings	18.17	18.25	17.70	16.54	15.76
Shareholders Funds	21.56	21.61	21.09	19.48	17.88

Minority Interests/Other Equity	0.00	0.15	0.00	0.00	0.00
Total Equity	21.56	21.75	21.09	19.48	17.88

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	9.22	8.88	6.65	6.12	5.01
PEG - Adjusted	0.31	-0.55	1.01	-4.86	0.11
Earnings per Share Growth - Adjusted	29.49%	-16.16%	6.61%	-1.26%	44.85%
Dividend Cover	6.54	5.31	6.65	6.56	7.05
Revenue Per Share	605.75p	487.45p	434.44p	421.04p	410.88p
Pre-Tax Profit per Share	63.94p	50.76p	56.71p	52.03p	52.92p
Operating Margin	10.33%	10.37%	12.76%	12.12%	12.24%
Return on Capital Employed	18.32%	18.42%	21.13%	22.84%	29.28%

Continuing & Discontinued Operations
Dividend Yield	1.66%	2.12%	2.26%	2.49%	2.83%
Dividend per Share Growth	5.10%	5.03%	5.12%	6.16%	5.75%
Net Asset Value per Share (exc. Intangibles)	540.47p	425.81p	173.67p	156.50p	144.35p
Net Gearing	-51.48%	-23.18%	-45.49%	-38.38%	-28.63%

Data is provided by Morningstar

DEWHURST - Fundamentals