FDSA FIDESSA GROUP PLC ORD 10P

FIDESSA GROUP 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	278.63	278.26	262.34	238.51	189.10
Operating Profit/(Loss)	41.71	42.13	37.32	29.94	22.52
Net Interest	0.00	0.00	0.00	0.13	0.47
Profit Before Tax	41.98	42.45	39.71	31.01	35.96
Profit After Tax	30.41	29.93	27.76	21.01	27.67
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	30.41	29.93	27.76	21.01	27.67
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	30.41	29.93	27.76	21.01	27.67

Continuing EPS
Earnings per Share - Basic	82.50p	82.20p	77.80p	59.80p	80.10p
Earnings per Share - Diluted	80.90p	81.00p	75.60p	58.90p	79.10p
Earnings per Share - Adjusted	84.00p	83.70p	76.70p	69.80p	52.60p
Continuing and Discontinued EPS
Earnings per Share - Basic	82.50p	82.20p	77.80p	59.80p	80.10p
Earnings per Share - Diluted	80.90p	81.00p	75.60p	58.90p	79.10p
Earnings per Share - Adjusted	84.00p	83.70p	76.70p	69.80p	52.60p

Dividend per Share	37.00p	34.00p	31.00p	27.00p	19.50p

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	20.64	26.02	24.44	29.48	31.32
Intangible Assets	85.75	82.05	78.82	78.16	77.15
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	7.30	7.88	7.81	5.05	3.18
	113.69	115.94	111.07	112.68	111.65
Current Assets
Inventories	0.00	0.00	0.00	0.00	0.00
Trade & Other Receivables	73.17	70.85	72.95	72.86	60.87
Cash at Bank & in Hand	72.08	70.89	62.99	45.48	33.15
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
	145.25	141.74	135.94	118.34	94.01

Total Assets	258.93	257.68	247.01	231.02	205.66

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	-100.66	-99.60	-100.89	-93.08	-92.40
	-100.66	-99.60	-100.89	-93.08	-92.40

Net Current Assets	44.59	42.13	35.05	25.26	1.61

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-9.41	-8.78	-6.77	-5.50	-8.43
Other Non-Current Liabilities	-8.74	-9.71	-5.45	-9.13	-0.55
	-18.15	-18.49	-12.22	-14.63	-8.98

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-118.81	-118.09	-113.11	-107.70	-101.38

Net Assets	140.13	139.59	133.90	123.32	104.29

Capital & Reserves
Share Capital	3.72	3.70	3.62	3.58	3.52
Share Premium Account	23.84	22.47	20.29	18.22	17.02
Other Reserves	20.29	22.46	21.94	19.46	17.89
Retained Earnings	92.28	90.96	88.05	82.06	65.86
Shareholders Funds	140.13	139.59	133.90	123.32	104.29

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	140.13	139.59	133.90	123.32	104.29

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	18.00	18.08	20.21	16.83	9.37
PEG - Adjusted	50.00	1.98	2.04	0.51	0.28
Earnings per Share Growth - Adjusted	0.36%	9.13%	9.89%	32.70%	33.16%
Dividend Cover	2.27	2.46	2.47	2.59	2.70
Revenue Per Share	755.82p	764.59p	735.62p	678.54p	547.85p
Pre-Tax Profit per Share	113.89p	116.65p	111.36p	88.23p	104.17p
Operating Margin	14.97%	15.14%	15.06%	12.96%	18.57%
Return on Capital Employed	65.82%	64.01%	64.21%	61.49%	102.42%

Continuing & Discontinued Operations
Dividend Yield	2.45%	2.25%	2.00%	2.30%	3.96%
Dividend per Share Growth	8.82%	9.68%	14.81%	38.46%	31.76%
Net Asset Value per Share (exc. Intangibles)	146.39p	155.63p	152.29p	126.09p	77.16p
Net Gearing	-51.44%	-50.78%	-47.04%	-36.88%	-31.78%

Data is provided by Morningstar

FIDESSA GROUP - Fundamentals