SNX SYNECTICS PLC ORD 20P

SYNECTICS Currency GBX

Income Statement (£ m)	30-Nov-12	30-Nov-11	30-Nov-10	31-May-09	31-May-08
Continuing Operations
Revenue	77.04	69.08	91.12	70.66	79.17
Operating Profit/(Loss)	0.51	2.60	1.15	0.20	4.18
Net Interest	0.06	0.04	0.02	0.01	0.00
Profit Before Tax	4.71	2.46	1.17	0.47	4.39
Profit After Tax	3.37	1.59	0.86	0.26	3.36
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	3.37	1.59	0.86	0.26	3.36
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	3.37	1.59	0.86	0.26	3.36

Continuing EPS
Earnings per Share - Basic	21.60p	10.20p	5.50p	1.70p	21.60p
Earnings per Share - Diluted	20.70p	10.00p	5.50p	1.70p	21.60p
Earnings per Share - Adjusted	26.30p	16.40p	13.30p	8.20p	18.90p
Continuing and Discontinued EPS
Earnings per Share - Basic	21.60p	10.20p	5.50p	1.70p	21.60p
Earnings per Share - Diluted	20.70p	10.00p	5.50p	1.70p	21.60p
Earnings per Share - Adjusted	26.30p	16.40p	13.30p	8.20p	18.90p

Dividend per Share	7.00p	7.00p	9.50p	7.00p	6.50p

Balance Sheet (£ m)	30-Nov-12	30-Nov-11	30-Nov-10	31-May-09	31-May-08
Assets
Non-Current Assets
Property, Plant & Equipment	1.68	1.62	1.50	1.81	1.95
Intangible Assets	20.67	25.19	17.29	17.90	17.94
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.06	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.18	0.41	0.50
	22.35	26.81	18.97	20.18	20.39
Current Assets
Inventories	7.20	7.46	5.90	5.34	4.25
Trade & Other Receivables	26.50	26.50	22.51	22.50	29.50
Cash at Bank & in Hand	6.49	3.10	3.35	8.11	7.94
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
	40.20	37.06	31.76	35.96	41.69

Total Assets	62.55	63.87	50.73	56.14	62.08

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	-25.18	-23.41	-18.90	-23.91	-28.53
	-25.18	-23.41	-18.90	-23.91	-28.53

Net Current Assets	15.02	13.65	12.85	12.05	13.16

Non-Current Liabilities
Borrowings	-1.85	-1.84	0.00	0.00	0.00
Provisions	-0.38	-6.16	-0.03	-0.08	-0.69
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-2.23	-8.00	-0.03	-0.08	-0.69

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-27.41	-31.42	-18.93	-23.98	-29.22

Net Assets	35.14	32.45	31.80	32.16	32.86

Capital & Reserves
Share Capital	3.51	3.51	3.51	3.38	3.38
Share Premium Account	15.72	15.72	15.72	14.85	14.85
Other Reserves	6.52	6.18	6.20	7.18	7.07
Retained Earnings	9.39	7.04	6.37	6.74	7.56
Shareholders Funds	35.14	32.45	31.80	32.16	32.86

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	35.14	32.45	31.80	32.16	32.86

Ratios - based on IFRS	30-Nov-12	30-Nov-11	30-Nov-10	31-May-09	31-May-08
Continuing Operations
PE Ratio - Adjusted	10.82	n/a	n/a	n/a	n/a
PEG - Adjusted	0.18	n/a	n/a	n/a	n/a
Earnings per Share Growth - Adjusted	60.37%	23.31%	62.20%	-56.61%	-27.03%
Dividend Cover	3.76	2.34	1.40	1.17	2.91
Revenue Per Share	493.43p	444.86p	586.80p	454.99p	509.85p
Pre-Tax Profit per Share	30.16p	15.85p	7.54p	3.03p	28.30p
Operating Margin	6.18%	3.60%	1.26%	0.28%	5.28%
Return on Capital Employed	28.56%	16.37%	8.20%	3.36%	28.15%

Continuing & Discontinued Operations
Dividend Yield	2.46%	n/a	n/a	n/a	n/a
Dividend per Share Growth	0.00%	-26.32%	35.71%	7.69%	18.18%
Net Asset Value per Share (exc. Intangibles)	82.36p	41.32p	82.57p	84.31p	88.27p
Net Gearing	-13.21%	-3.87%	-10.53%	-25.22%	-24.16%

Data is provided by Morningstar

SYNECTICS - Fundamentals