ZYT ZYTRONIC PLC ORD 1P

ZYTRONIC Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	20.42	20.49	18.48	15.92	14.72
Operating Profit/(Loss)	4.27	3.67	3.04	2.39	1.87
Net Interest	0.08	0.11	0.13	0.10	0.15
Profit Before Tax	4.20	3.56	2.92	2.30	1.74
Profit After Tax	3.30	2.69	2.19	1.71	1.06
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	3.30	2.69	2.19	1.71	1.06
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	3.30	2.69	2.19	1.71	1.06

Continuing EPS
Earnings per Share - Basic	22.20p	18.30p	14.90p	11.60p	7.30p
Earnings per Share - Diluted	21.90p	18.10p	14.80p	11.50p	7.20p
Earnings per Share - Adjusted	22.20p	18.30p	14.90p	11.60p	7.30p
Continuing and Discontinued EPS
Earnings per Share - Basic	22.20p	18.30p	14.90p	11.60p	7.30p
Earnings per Share - Diluted	21.90p	18.10p	14.80p	11.50p	7.20p
Earnings per Share - Adjusted	22.20p	18.30p	14.90p	11.60p	7.30p

Dividend per Share	8.20p	7.10p	5.80p	4.20p	3.00p

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	8.23	8.11	8.39	8.38	5.32
Intangible Assets	1.61	1.81	1.87	1.97	2.06
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	0.41	0.30	0.20	0.21	0.21
	10.26	10.22	10.45	10.56	7.58
Current Assets
Inventories	3.44	2.75	2.59	2.50	2.50
Trade & Other Receivables	3.09	4.02	3.47	3.11	3.04
Cash at Bank & in Hand	4.22	4.51	1.51	0.74	1.26
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
	10.75	11.29	7.56	6.35	6.80

Total Assets	21.01	21.51	18.01	16.91	14.38

Liabilities
Current Liabilities
Borrowings	-0.20	-2.27	-0.67	-1.44	-1.18
Other Current Liabilities	-2.89	-3.59	-2.73	-2.18	-2.35
	-3.09	-5.86	-3.40	-3.62	-3.54

Net Current Assets	7.66	5.43	4.16	2.73	3.26

Non-Current Liabilities
Borrowings	-1.74	-1.72	-2.05	-2.43	-1.09
Provisions	-0.60	-0.73	-0.83	-0.82	-0.82
Other Non-Current Liabilities	0.00	-0.10	-0.29	-0.04	-0.06
	-2.34	-2.55	-3.16	-3.29	-1.96

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-5.43	-8.40	-6.56	-6.91	-5.50

Net Assets	15.58	13.11	11.45	10.00	8.88

Capital & Reserves
Share Capital	0.15	0.15	0.15	0.15	0.15
Share Premium Account	6.86	6.59	6.55	6.48	6.48
Other Reserves	8.57	6.37	0.00	0.00	0.00
Retained Earnings	0.00	0.00	4.76	3.37	2.26
Shareholders Funds	15.58	13.11	11.45	10.00	8.88

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	15.58	13.11	11.45	10.00	8.88

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	14.75	10.66	11.81	12.76	21.58
PEG - Adjusted	0.69	0.47	0.42	0.22	0.21
Earnings per Share Growth - Adjusted	21.31%	22.82%	28.45%	58.90%	102.78%
Dividend Cover	2.71	2.58	2.57	2.76	2.43
Revenue Per Share	137.69p	139.20p	125.77p	108.50p	100.34p
Pre-Tax Profit per Share	28.28p	24.17p	19.90p	15.67p	11.86p
Operating Margin	20.86%	17.90%	16.42%	14.98%	12.58%
Return on Capital Employed	25.91%	22.92%	23.24%	18.86%	19.03%

Continuing & Discontinued Operations
Dividend Yield	2.50%	3.64%	3.30%	2.84%	1.90%
Dividend per Share Growth	15.49%	22.41%	38.10%	40.00%	0.00%
Net Asset Value per Share (exc. Intangibles)	93.72p	76.67p	65.15p	54.68p	46.50p
Net Gearing	-14.65%	-4.01%	10.56%	31.32%	11.37%

Data is provided by Morningstar

ZYTRONIC - Fundamentals