CMS COMMUNISIS PLC ORD 25P

COMMUNISIS 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	229.77	208.28	193.17	190.19	257.73
Operating Profit/(Loss)	8.81	5.07	7.55	4.56	14.39
Net Interest	2.30	2.09	1.75	1.49	2.39
Profit Before Tax	6.78	4.16	4.92	2.60	12.73
Profit After Tax	5.18	4.07	4.42	3.16	8.63
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	5.18	4.07	4.42	3.16	8.63
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	5.18	4.07	4.42	3.16	8.63

Continuing EPS
Earnings per Share - Basic	3.75p	2.96p	3.20p	2.28p	6.24p
Earnings per Share - Diluted	3.63p	2.86p	3.08p	2.25p	6.15p
Earnings per Share - Adjusted	5.56p	4.68p	2.99p	2.59p	6.43p
Continuing and Discontinued EPS
Earnings per Share - Basic	3.75p	2.96p	3.20p	2.28p	6.24p
Earnings per Share - Diluted	3.63p	2.86p	3.08p	2.25p	6.15p
Earnings per Share - Adjusted	5.56p	4.68p	2.99p	2.59p	6.43p

Dividend per Share	1.55p	1.36p	0.86p	2.50p	2.50p

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	19.85	21.00	22.80	24.24	23.75
Intangible Assets	166.85	162.68	160.84	158.16	157.17
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	2.28	1.70	1.15	2.89	4.97
	188.98	185.37	184.79	185.29	185.89
Current Assets
Inventories	7.42	7.91	7.36	6.43	7.25
Trade & Other Receivables	41.53	34.55	27.32	27.25	28.23
Cash at Bank & in Hand	21.55	13.28	3.20	19.18	17.94
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
	70.50	55.74	37.88	52.86	53.42

Total Assets	259.48	241.11	222.67	238.15	239.31

Liabilities
Current Liabilities
Borrowings	-1.09	-1.01	-2.79	-0.36	-25.00
Other Current Liabilities	-69.44	-58.67	-55.63	-52.91	-60.69
	-70.54	-59.68	-58.42	-53.27	-85.69

Net Current Assets	-0.04	-3.94	-20.54	-0.41	-32.26

Non-Current Liabilities
Borrowings	-40.52	-37.11	-19.53	-37.24	-6.00
Provisions	-0.76	-1.13	-1.46	-1.81	-1.68
Other Non-Current Liabilities	-22.48	-14.41	-9.77	-17.56	-11.18
	-63.76	-52.64	-30.76	-56.61	-18.86

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-134.29	-112.32	-89.17	-109.88	-104.54

Net Assets	125.19	128.79	133.50	128.27	134.77

Capital & Reserves
Share Capital	35.25	34.66	34.65	34.65	34.65
Share Premium Account	0.02	0.02	0.02	0.02	0.02
Other Reserves	12.24	12.09	12.30	12.31	12.32
Retained Earnings	77.68	82.02	86.52	81.28	87.77
Shareholders Funds	125.19	128.79	133.50	128.27	134.77

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	125.19	128.79	133.50	128.27	134.77

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	7.06	5.74	11.62	5.02	7.15
PEG - Adjusted	0.38	0.10	0.75	-0.08	0.10
Earnings per Share Growth - Adjusted	18.80%	56.52%	15.44%	-59.72%	73.78%
Dividend Cover	3.59	3.44	3.48	1.04	2.58
Revenue Per Share	166.19p	151.18p	139.65p	137.59p	186.38p
Pre-Tax Profit per Share	4.90p	3.02p	3.55p	1.88p	9.20p
Operating Margin	3.83%	2.43%	2.82%	1.31%	5.53%
Return on Capital Employed	1270.73%	116.54%	109.05%	15.13%	70.73%

Continuing & Discontinued Operations
Dividend Yield	3.95%	5.06%	2.47%	19.19%	5.42%
Dividend per Share Growth	13.97%	58.14%	-65.53%	0.00%	89.30%
Net Asset Value per Share (exc. Intangibles)	-29.54p	-24.44p	-19.73p	-21.57p	-16.16p
Net Gearing	16.03%	19.29%	14.32%	14.36%	9.69%

Data is provided by Morningstar

COMMUNISIS - Fundamentals