KCOM KCOM GROUP PLC ORD 10P

KCOM GRP Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
Revenue	387.32	395.41	412.80	472.44	517.30
Operating Profit/(Loss)	57.77	40.29	26.55	-99.25	17.67
Net Interest	6.17	6.14	6.71	11.76	12.93
Profit Before Tax	51.12	32.91	19.17	-111.35	4.42
Profit After Tax	37.73	22.62	17.69	-106.48	18.78
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	37.73	22.62	17.69	-106.48	18.78
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	37.73	22.62	17.69	-106.48	18.78

Continuing EPS
Earnings per Share - Basic	7.41p	4.44p	3.47p	-20.70p	3.65p
Earnings per Share - Diluted	7.13p	4.26p	3.38p	-20.70p	3.64p
Earnings per Share - Adjusted	7.41p	5.62p	5.22p	-20.70p	4.56p
Continuing and Discontinued EPS
Earnings per Share - Basic	7.41p	4.44p	3.47p	-20.70p	3.65p
Earnings per Share - Diluted	7.13p	4.26p	3.38p	-20.70p	3.64p
Earnings per Share - Adjusted	7.41p	5.62p	5.22p	-20.70p	4.56p

Dividend per Share	3.83p	2.35p	1.50p	2.38p	2.24p

Balance Sheet (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Assets
Non-Current Assets
Property, Plant & Equipment	117.90	115.98	124.06	131.01	131.41
Intangible Assets	92.32	89.93	95.82	106.91	224.48
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	1.05	1.07	1.05	1.05	0.86
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	28.37	35.30	56.12	59.42	39.38
	239.64	242.27	277.05	298.39	396.13
Current Assets
Inventories	3.66	2.15	3.61	4.12	7.70
Trade & Other Receivables	71.87	70.79	76.93	86.47	118.00
Cash at Bank & in Hand	8.33	6.54	13.89	17.51	31.23
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
	83.86	79.48	94.43	108.09	156.94

Total Assets	323.50	321.75	371.47	406.49	553.06

Liabilities
Current Liabilities
Borrowings	0.00	-0.39	-0.70	-0.57	-0.52
Other Current Liabilities	-146.50	-151.15	-143.98	-136.38	-156.17
	-146.50	-151.55	-144.68	-136.94	-156.68

Net Current Assets	-62.64	-72.07	-50.25	-28.85	0.25

Non-Current Liabilities
Borrowings	-83.46	-88.14	-129.99	-174.84	-199.62
Provisions	-2.06	-1.94	-3.52	-5.32	-1.41
Other Non-Current Liabilities	-18.02	-6.93	-57.52	-68.76	-10.67
	-103.54	-97.01	-191.04	-248.93	-211.70

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-250.05	-248.56	-335.71	-385.87	-368.38

Net Assets	73.46	73.19	35.76	20.62	184.69

Capital & Reserves
Share Capital	51.66	51.66	51.66	51.66	51.63
Share Premium Account	353.23	353.23	353.23	353.23	353.11
Other Reserves	-2.95	-2.88	-6.35	-7.27	-0.70
Retained Earnings	-328.49	-328.81	-362.78	-377.00	-219.35
Shareholders Funds	73.46	73.19	35.76	20.62	184.69

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	73.46	73.19	35.76	20.62	184.69

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
PE Ratio - Adjusted	9.92	10.94	9.39	-0.85	9.54
PEG - Adjusted	0.31	1.43	-0.07	0.00	-0.55
Earnings per Share Growth - Adjusted	31.85%	7.66%	-125.22%	-553.95%	-17.39%
Dividend Cover	1.93	2.39	3.48	-8.70	2.04
Revenue Per Share	76.03p	77.62p	80.88p	91.84p	100.53p
Pre-Tax Profit per Share	10.03p	6.46p	3.76p	-21.65p	0.86p
Operating Margin	14.80%	9.87%	6.27%	-21.12%	3.31%
Return on Capital Employed	71.13%	48.41%	20.78%	-64.07%	10.15%

Continuing & Discontinued Operations
Dividend Yield	5.21%	3.82%	3.06%	13.60%	5.15%
Dividend per Share Growth	62.98%	56.67%	-36.97%	6.25%	56.64%
Net Asset Value per Share (exc. Intangibles)	-3.65p	-3.24p	-11.63p	-16.70p	-7.71p
Net Gearing	102.28%	112.03%	326.64%	765.80%	91.46%

Data is provided by Morningstar

KCOM KCOM GROUP PLC ORD 10P

KCOM GRP - Fundamentals