NMD NORTH MIDLAND CONSTRUCTION PLC ORD 10P

NTH.MID.CONS 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	168.93	167.22	164.52	144.19	202.22
Operating Profit/(Loss)	0.78	-0.72	3.81	1.75	3.34
Net Interest	0.08	0.09	0.11	0.22	0.46
Profit Before Tax	0.71	-0.78	3.71	1.55	2.88
Profit After Tax	0.54	-0.64	2.65	0.60	2.03
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	0.54	-0.64	2.65	0.60	2.03
Attributable to:
Minority Interests	-0.06	-0.12	-0.13	-0.17	-0.21
Equity Holders of Parent Company	0.47	-0.76	2.52	0.43	1.83

Continuing EPS
Earnings per Share - Basic	4.75p	-7.72p	25.69p	4.40p	18.65p
Earnings per Share - Diluted	4.75p	-7.72p	25.69p	4.40p	18.65p
Earnings per Share - Adjusted	4.75p	-7.72p	25.69p	4.40p	18.65p
Continuing and Discontinued EPS
Earnings per Share - Basic	4.75p	-7.72p	25.69p	4.40p	18.65p
Earnings per Share - Diluted	4.75p	-7.72p	25.69p	4.40p	18.65p
Earnings per Share - Adjusted	4.75p	-7.72p	25.69p	4.40p	18.65p

Dividend per Share	4.50p	8.50p	8.50p	8.50p	8.50p

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	10.62	10.57	10.23	9.71	11.01
Intangible Assets	0.00	0.00	1.27	1.27	1.27
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	0.08	0.14	0.00	0.00	0.00
	10.70	10.71	11.50	10.98	12.28
Current Assets
Inventories	1.50	1.55	14.23	10.01	11.32
Trade & Other Receivables	49.17	44.25	28.74	31.02	48.66
Cash at Bank & in Hand	5.07	9.23	8.91	6.17	0.00
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
	55.73	55.03	51.88	47.20	59.98

Total Assets	66.43	65.74	63.38	58.18	72.26

Liabilities
Current Liabilities
Borrowings	-0.93	-0.85	-0.74	-0.67	-4.58
Other Current Liabilities	-46.01	-44.58	-40.85	-37.56	-46.87
	-46.94	-45.43	-41.59	-38.23	-51.45

Net Current Assets	8.79	9.60	10.29	8.97	8.52

Non-Current Liabilities
Borrowings	-0.88	-0.90	-0.86	-0.27	-0.79
Provisions	-0.35	-0.58	-0.58	-0.56	-0.56
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-1.23	-1.47	-1.43	-0.83	-1.35

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-48.17	-46.90	-43.02	-39.06	-52.80

Net Assets	18.27	18.84	20.36	19.12	19.46

Capital & Reserves
Share Capital	1.02	0.98	0.98	0.98	0.98
Share Premium Account	0.00	0.00	0.00	0.00	0.00
Other Reserves	0.48	0.02	0.02	0.02	0.02
Retained Earnings	16.78	17.27	18.86	17.40	17.81
Shareholders Funds	18.27	18.27	19.86	18.40	18.81

Minority Interests/Other Equity	0.00	0.57	0.50	0.72	0.65
Total Equity	18.27	18.84	20.36	19.12	19.46

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	30.00	-18.13	9.63	42.05	5.50
PEG - Adjusted	-0.19	0.14	0.02	-0.55	0.43
Earnings per Share Growth - Adjusted	-161.53%	-130.05%	483.86%	-76.41%	12.76%
Dividend Cover	1.06	-0.91	3.02	0.52	2.19
Revenue Per Share	1696.06p	1706.33p	1678.81p	1471.28p	2063.42p
Pre-Tax Profit per Share	7.13p	-7.99p	37.89p	15.86p	29.34p
Operating Margin	0.46%	-0.43%	2.32%	1.22%	1.63%
Return on Capital Employed	3.85%	-3.27%	17.97%	9.15%	13.83%

Continuing & Discontinued Operations
Dividend Yield	3.16%	6.07%	3.43%	4.59%	8.29%
Dividend per Share Growth	-47.06%	0.00%	0.00%	0.00%	0.00%
Net Asset Value per Share (exc. Intangibles)	179.95p	186.41p	189.70p	174.86p	178.96p
Net Gearing	-17.86%	-40.99%	-36.83%	-28.44%	28.54%

Data is provided by Morningstar

NTH.MID.CONS - Fundamentals