SIV ST. IVES PLC ORD 10P

ST.IVES Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	27-Jul-12	29-Jul-11	30-Jul-10	31-Jul-09	01-Aug-08
Continuing Operations
Revenue	329.46	297.24	291.47	386.78	391.20
Operating Profit/(Loss)	15.13	17.31	14.13	-4.38	34.08
Net Interest	1.56	1.04	0.52	1.89	1.99
Profit Before Tax	14.91	16.90	13.18	-7.24	30.62
Profit After Tax	13.33	13.82	11.20	-6.33	14.53
Discontinued Operations
Profit After Tax	0.00	-18.59	-2.25	0.48	1.58
PROFIT FOR THE PERIOD	13.33	-4.76	8.95	-5.85	16.11
Attributable to:
Minority Interests	-0.07	-0.04	0.00	0.00	0.00
Equity Holders of Parent Company	13.26	-4.80	8.95	-5.85	16.11

Continuing EPS
Earnings per Share - Basic	11.64p	13.22p	10.87p	-6.14p	14.10p
Earnings per Share - Diluted	11.51p	13.14p	10.87p	-6.14p	14.10p
Earnings per Share - Adjusted	15.61p	14.45p	11.83p	4.94p	19.57p
Continuing and Discontinued EPS
Earnings per Share - Basic	11.64p	-4.61p	7.51p	-14.13p	15.76p
Earnings per Share - Diluted	11.51p	-4.58p	7.51p	-14.13p	15.76p
Earnings per Share - Adjusted	15.61p	-3.38p	9.65p	5.40p	21.10p

Dividend per Share	5.25p	3.50p	2.25p	13.90p	17.15p

Balance Sheet (£ m)	27-Jul-12	29-Jul-11	30-Jul-10	31-Jul-09	01-Aug-08
Assets
Non-Current Assets
Property, Plant & Equipment	56.36	62.38	106.92	114.94	135.10
Intangible Assets	118.49	78.97	59.07	47.49	56.43
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	3.05	2.43	3.50	3.11	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	2.07	12.13	9.00
	177.91	143.77	171.56	177.68	200.53
Current Assets
Inventories	7.04	7.18	10.11	10.64	14.21
Trade & Other Receivables	89.50	65.11	68.72	73.35	96.97
Cash at Bank & in Hand	12.11	16.26	10.52	14.02	5.64
Current Asset Investments	0.08	0.00	0.06	0.21	0.00
Other Current Assets	0.00	0.00	2.14	1.28	6.65
	108.72	88.56	91.54	99.50	123.46

Total Assets	286.63	232.33	263.10	277.18	323.99

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	-33.02	-0.23
Other Current Liabilities	-87.76	-76.22	-84.61	-80.70	-79.93
	-87.76	-76.22	-84.61	-113.72	-80.16

Net Current Assets	20.97	12.34	6.94	-14.22	43.30

Non-Current Liabilities
Borrowings	-25.55	0.00	-13.19	0.00	-38.49
Provisions	-6.54	-4.61	-1.93	-2.12	-0.93
Other Non-Current Liabilities	-19.99	-14.92	-33.48	-39.27	-49.55
	-52.08	-19.53	-48.61	-41.39	-88.96

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-139.84	-95.75	-133.21	-155.11	-169.12

Net Assets	146.79	136.58	129.89	122.07	154.87

Capital & Reserves
Share Capital	11.98	10.59	10.36	10.36	10.36
Share Premium Account	0.00	0.00	46.71	46.69	46.69
Other Reserves	60.05	48.98	-0.57	-0.52	-0.57
Retained Earnings	74.04	76.35	73.39	65.54	98.39
Shareholders Funds	146.08	135.92	129.89	122.07	154.87

Minority Interests/Other Equity	0.72	0.66	0.00	0.00	0.00
Total Equity	146.79	136.58	129.89	122.07	154.87

Ratios - based on IFRS	27-Jul-12	29-Jul-11	30-Jul-10	31-Jul-09	01-Aug-08
Continuing Operations
PE Ratio - Adjusted	4.58	6.39	7.12	9.46	8.51
PEG - Adjusted	0.57	0.29	0.05	-0.13	-2.53
Earnings per Share Growth - Adjusted	8.03%	22.15%	139.47%	-74.76%	-3.36%
Dividend Cover	2.97	4.13	5.26	0.36	1.14
Revenue Per Share	288.96p	285.25p	282.83p	375.33p	379.62p
Pre-Tax Profit per Share	13.08p	16.21p	12.78p	-7.03p	29.72p
Operating Margin	4.93%	6.01%	4.70%	-1.45%	8.20%
Return on Capital Employed	20.48%	24.07%	11.52%	-3.62%	17.49%

Continuing & Discontinued Operations
Dividend Yield	7.34%	3.79%	2.67%	29.73%	10.30%
Dividend per Share Growth	50.00%	55.56%	-83.81%	-18.95%	0.00%
Net Asset Value per Share (exc. Intangibles)	23.02p	53.81p	68.37p	72.02p	95.06p
Net Gearing	9.20%	-11.96%	2.06%	15.57%	21.36%

Data is provided by Morningstar

ST.IVES - Fundamentals