HYNS HAYNES PUBLISHING GROUP PLC ORD 20P

HAYNES PUBLSHG. Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-May-12	31-May-11	31-May-10	31-May-09	31-May-08
Continuing Operations
Revenue	29.81	32.74	33.31	35.34	31.12
Operating Profit/(Loss)	5.09	7.69	7.69	7.58	6.97
Net Interest	0.00	0.00	0.01	0.12	0.03
Profit Before Tax	4.71	7.18	7.17	7.06	7.09
Profit After Tax	3.23	5.00	4.68	4.79	5.04
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	3.23	5.00	4.68	4.79	5.04
Attributable to:
Minority Interests	-0.01	-0.01	-0.01	0.02	-0.00
Equity Holders of Parent Company	3.21	5.00	4.68	4.81	5.04

Continuing EPS
Earnings per Share - Basic	20.00p	30.50p	28.60p	29.40p	30.80p
Earnings per Share - Diluted	20.00p	30.50p	28.60p	29.40p	30.80p
Earnings per Share - Adjusted	20.00p	30.50p	28.60p	29.40p	30.80p
Continuing and Discontinued EPS
Earnings per Share - Basic	20.00p	30.50p	28.60p	29.40p	30.80p
Earnings per Share - Diluted	20.00p	30.50p	28.60p	29.40p	30.80p
Earnings per Share - Adjusted	20.00p	30.50p	28.60p	29.40p	30.80p

Dividend per Share	15.70p	15.50p	17.70p	14.50p	15.00p

Balance Sheet (£ m)	31-May-12	31-May-11	31-May-10	31-May-09	31-May-08
Assets
Non-Current Assets
Property, Plant & Equipment	9.88	9.85	10.73	9.83	8.24
Intangible Assets	17.25	17.02	16.54	14.98	11.69
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	4.32	4.69	5.42	4.00	2.57
	31.44	31.56	32.69	28.81	22.49
Current Assets
Inventories	13.38	13.26	13.19	12.52	11.11
Trade & Other Receivables	8.76	10.32	10.65	11.77	11.73
Cash at Bank & in Hand	4.78	5.38	3.84	3.03	2.51
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
	26.91	28.96	27.69	27.32	25.35

Total Assets	58.35	60.51	60.37	56.12	47.85

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	-1.66	-2.31
Other Current Liabilities	-4.61	-5.17	-4.54	-4.57	-5.40
	-4.61	-5.17	-4.54	-6.23	-7.71

Net Current Assets	22.31	23.79	23.14	21.09	17.64

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-3.99	-3.85	-3.35	-2.69	-1.39
Other Non-Current Liabilities	-9.98	-10.43	-14.02	-10.39	-6.86
	-13.97	-14.28	-17.37	-13.08	-8.25

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-18.57	-19.45	-21.91	-19.31	-15.97

Net Assets	39.78	41.06	38.46	36.82	31.88

Capital & Reserves
Share Capital	3.27	3.27	3.27	3.27	3.27
Share Premium Account	0.64	0.64	0.64	0.64	0.64
Other Reserves	2.05	3.77	6.10	3.58	-1.06
Retained Earnings	33.79	33.37	28.45	29.33	29.02
Shareholders Funds	39.75	41.05	38.45	36.81	31.87

Minority Interests/Other Equity	0.03	0.02	0.01	0.00	0.01
Total Equity	39.78	41.06	38.46	36.82	31.88

Ratios - based on IFRS	31-May-12	31-May-11	31-May-10	31-May-09	31-May-08
Continuing Operations
PE Ratio - Adjusted	9.00	8.08	8.57	5.03	6.09
PEG - Adjusted	-0.26	1.22	-3.15	-1.11	-2.41
Earnings per Share Growth - Adjusted	-34.43%	6.64%	-2.72%	-4.55%	-2.53%
Dividend Cover	1.27	1.97	1.62	2.03	2.05
Revenue Per Share	185.38p	200.24p	203.71p	216.09p	190.33p
Pre-Tax Profit per Share	29.30p	43.89p	43.84p	43.15p	43.33p
Operating Margin	15.73%	21.87%	21.46%	20.19%	22.36%
Return on Capital Employed	12.91%	18.73%	18.27%	19.61%	23.20%

Continuing & Discontinued Operations
Dividend Yield	8.72%	6.29%	7.22%	9.80%	8.00%
Dividend per Share Growth	1.29%	-12.43%	22.07%	-3.33%	-3.23%
Net Asset Value per Share (exc. Intangibles)	137.60p	146.92p	134.02p	133.52p	123.41p
Net Gearing	-12.01%	-13.11%	-9.99%	-3.72%	-0.62%

Data is provided by Morningstar

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