SST SCOTTISH ORIENTAL SMALLER COMPANIES TRUST PLC ORD 25P

SCOT.ORNTL.SMLL Currency GBX Premium Equity Closed Ended Investment Funds

Income Statement (£ m)	31-Aug-12	31-Aug-11	31-Aug-10	31-Aug-09	31-Aug-08
Continuing Operations
Revenue	n/a	n/a	n/a	n/a	n/a
Operating Profit/(Loss)	n/a	n/a	n/a	n/a	n/a
Net Interest	n/a	n/a	n/a	n/a	n/a
Profit Before Tax	n/a	n/a	n/a	n/a	n/a
Profit After Tax	4.35	3.44	3.20	2.31	2.01
Discontinued Operations
Profit After Tax	n/a	n/a	n/a	n/a	n/a
PROFIT FOR THE PERIOD	4.35	3.44	3.20	2.31	2.01
Attributable to:
Minority Interests	n/a	n/a	n/a	n/a	n/a
Equity Holders of Parent Company	4.35	3.44	3.20	2.31	2.01

Continuing EPS
Earnings per Share - Basic	14.39p	11.39p	10.58p	7.63p	6.64p
Earnings per Share - Diluted	14.39p	11.39p	10.58p	7.63p	6.64p
Earnings per Share - Adjusted	14.39p	11.39p	10.58p	7.63p	6.64p
Continuing and Discontinued EPS
Earnings per Share - Basic	n/a	n/a	n/a	n/a	n/a
Earnings per Share - Diluted	n/a	n/a	n/a	n/a	n/a
Earnings per Share - Adjusted	n/a	n/a	n/a	n/a	n/a

Dividend per Share	9.00p	8.50p	6.00p	5.00p	4.60p

Balance Sheet (£ m)	31-Aug-12	31-Aug-11	31-Aug-10	31-Aug-09	31-Aug-08
Assets
Non-Current Assets
Property, Plant & Equipment	n/a	n/a	n/a	n/a	n/a
Intangible Assets	n/a	n/a	n/a	n/a	n/a
Investment Properties	n/a	n/a	n/a	n/a	n/a
Investments	198.95	177.55	155.71	105.05	91.57
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	0.00	0.00	0.00	0.00	0.00
	198.95	177.55	155.71	105.05	91.57
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	3.30	1.00	1.31	1.59	0.61
Cash at Bank & in Hand	23.00	31.33	12.65	8.22	2.87
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	26.30	32.33	13.96	9.81	3.48

Total Assets	225.25	209.88	169.67	114.86	95.05

Liabilities
Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Other Current Liabilities	n/a	n/a	n/a	n/a	n/a
	3.154	3.028	1.907	1.002	0.429

Net Current Assets	23.14	29.30	12.06	8.81	3.05

Non-Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Provisions	n/a	n/a	n/a	n/a	n/a
Other Non-Current Liabilities	n/a	n/a	n/a	n/a	n/a
	20.49	19.96	0.00	0.00	0.12

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	23.64	22.99	1.91	1.00	0.55

Net Assets	201.60	186.89	167.77	113.86	94.50

Capital & Reserves
Share Capital	201.60	186.89	167.77	113.86	94.50
Share Premium Account	n/a	n/a	n/a	n/a	n/a
Other Reserves	n/a	n/a	n/a	n/a	n/a
Retained Earnings	n/a	n/a	n/a	n/a	n/a
Shareholders Funds	201.60	186.89	167.77	113.86	94.50

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	201.60	186.89	167.77	113.86	94.50

Ratios - based on IFRS	31-Aug-12	31-Aug-11	31-Aug-10	31-Aug-09	31-Aug-08
Continuing Operations
PE Ratio - Adjusted	41.90	52.68	45.70	42.92	39.46
PEG - Adjusted	1.59	6.88	1.18	2.88	8.63
Earnings per Share Growth - Adjusted	26.34%	7.66%	38.66%	14.91%	4.57%
Dividend Cover	1.60	1.34	1.76	1.53	1.44
Revenue Per Share	n/a	n/a	n/a	n/a	n/a
Pre-Tax Profit per Share	n/a	n/a	n/a	n/a	n/a
Operating Margin	n/a	n/a	n/a	n/a	n/a
Return on Capital Employed	n/a	n/a	n/a	n/a	n/a

Continuing & Discontinued Operations
Dividend Yield	1.49%	1.42%	1.24%	1.53%	1.76%
Dividend per Share Growth	5.88%	41.67%	20.00%	8.70%	27.78%
Net Asset Value per Share (exc. Intangibles)	667.25p	618.55p	555.26p	376.85p	312.77p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

SCOT.ORNTL.SMLL - Fundamentals