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ERM  EUROMONEY INSTITUTIONAL INVESTOR PLC  ORD 0.25P

EUROMONEY INST.  Currency GBX  Premium Equity Commercial Companies
Company



Income Statement  (£ m) 30-Sep-12 30-Sep-11 30-Sep-10 30-Sep-09 30-Sep-08
Continuing Operations
Revenue  394.14 363.14 330.01 317.59 332.06
Operating Profit/(Loss)  95.93 77.77 82.08 27.18 61.03
Net Interest  7.01 8.65 9.87 15.79 17.55
Profit Before Tax  92.37 68.20 71.42 -17.36 37.43
Profit After Tax  69.84 45.67 58.59 -6.95 44.71
Discontinued Operations
Profit After Tax  0.00 0.00 0.00 0.00 0.00
PROFIT FOR THE PERIOD  69.84 45.67 58.59 -6.95 44.71
Attributable to:
Minority Interests  -0.17 -0.08 -0.48 -0.55 -1.23
Equity Holders of Parent Company  69.67 45.59 58.11 -7.49 43.47
 
Continuing EPS
Earnings per Share - Basic  56.74p 38.02p 50.04p -6.83p 41.69p
Earnings per Share - Diluted  55.17p 37.34p 49.47p -6.67p 40.37p
Earnings per Share - Adjusted  67.79p 57.09p 54.12p 40.39p 44.36p
Continuing and Discontinued EPS
Earnings per Share - Basic  56.74p 38.02p 50.04p -5.73p 41.92p
Earnings per Share - Diluted  55.17p 37.34p 49.47p -5.59p 40.60p
Earnings per Share - Adjusted  67.79p 57.09p 54.12p 40.39p 44.36p
 
Dividend per Share  19.50p 18.00p 14.00p 19.25p 19.25p

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  17.98 20.39 19.49 19.75 21.66
Intangible Assets  469.31 490.04 422.71 425.65 407.58
Investment Properties  0.00 0.00 0.00 0.00 0.00
Investments  0.74 0.00 0.25 0.21 0.30
Other Financial Assets  0.30 0.22 0.37 0.57 0.37
Other Non-Current Assets  7.34 13.22 20.82 18.47 18.99
  495.67 523.87 463.63 464.65 448.90
Current Assets
Inventories  0.00 0.00 0.00 0.00 0.00
Trade & Other Receivables  68.63 81.22 62.81 65.31 226.84
Cash at Bank & in Hand  13.54 14.05 12.08 12.55 21.21
Current Asset Investments  2.72 1.13 2.02 0.57 1.45
Other Current Assets  0.00 0.00 0.00 0.00 0.00
  84.89 96.39 76.91 78.43 249.50
 
Total Assets  580.55 620.26 540.54 543.08 698.40
 
Liabilities
Current Liabilities
Borrowings  -1.23 -61.68 -2.93 -6.20 -348.98
Other Current Liabilities  -210.79 -208.77 -191.23 -218.44 -211.32
  -212.01 -270.45 -194.16 -224.64 -560.30
 
Net Current Assets  -127.13 -174.06 -117.25 -146.21 -310.79
 
Non-Current Liabilities
Borrowings  -43.15 -71.54 -137.91 -171.40 0.00
Provisions  -21.89 -27.62 -28.15 -25.37 -31.39
Other Non-Current Liabilities  -15.57 -25.07 -10.84 -16.67 -18.65
  -80.62 -124.23 -176.89 -213.45 -50.04
 
Other Liabilities  n/a n/a n/a n/a n/a
Total Liabilities  -292.63 -394.68 -371.05 -438.08 -610.34
 
Net Assets  287.92 225.58 169.48 104.99 88.06
 
Capital & Reserves
Share Capital  0.31 0.30 0.30 0.28 0.26
Share Premium Account  99.49 82.12 66.08 52.45 38.58
Other Reserves  123.55 121.09 103.05 93.79 83.13
Retained Earnings  58.03 16.22 0.05 -42.51 -36.92
Shareholders Funds  281.38 219.73 169.48 104.01 85.05
 
Minority Interests/Other Equity  6.55 5.84 0.00 0.99 3.02
Total Equity  287.92 225.58 169.48 104.99 88.06
Ratios - based on IFRS 30-Sep-12 30-Sep-11 30-Sep-10 30-Sep-09 30-Sep-08
Continuing Operations
PE Ratio - Adjusted  11.36 10.77 11.29 9.24 7.33
PEG - Adjusted  0.61 1.96 0.33 -1.03 0.28
Earnings per Share Growth - Adjusted  18.74% 5.49% 33.99% -8.95% 26.60%
Dividend Cover  3.48 3.17 3.87 2.10 2.30
Revenue Per Share  320.96p 302.88p 284.23p 289.54p 318.41p
Pre-Tax Profit per Share  75.22p 56.88p 61.52p -15.83p 35.89p
Operating Margin  25.05% 20.97% 24.48% -0.85% 15.13%
Return on Capital Employed  -90.05% -75.55% -98.29% 1.34% 90.34%
 
Continuing & Discontinued Operations
Dividend Yield  2.53% 2.93% 2.29% 5.16% 5.92%
Dividend per Share Growth  8.33% 28.57% -27.27% 0.00% 9.38%
Net Asset Value per Share (exc. Intangibles)  -151.13p -222.94p -213.71p -282.75p -306.29p
Net Gearing  10.96% 54.24% 75.97% 158.70% 385.39%

Data is provided by Morningstar


EUROMONEY INST. - Fundamentals

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