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TW.  TAYLOR WIMPEY PLC  ORD 1P

TAYLOR WIMPEY  Currency GBX  Premium Equity Commercial Companies
Company



Income Statement  (£ m) 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations
Revenue  2019.00 1808.00 1767.70 2595.60 3467.70
Operating Profit/(Loss)  227.70 152.50 45.10 -543.00 -1798.20
Net Interest  31.70 52.30 85.20 109.10 127.90
Profit Before Tax  207.70 78.60 -154.80 -699.90 -1969.70
Profit After Tax  231.30 55.90 174.70 -640.60 -1893.10
Discontinued Operations
Profit After Tax  0.00 24.50 67.00 0.00 -2.50
PROFIT FOR THE PERIOD  231.30 80.40 241.70 -640.60 -1895.60
Attributable to:
Minority Interests  0.00 0.00 0.00 0.20 -1.30
Equity Holders of Parent Company  231.30 80.40 241.70 -640.40 -1896.90
 
Continuing EPS
Earnings per Share - Basic  7.30p 1.80p 5.50p -25.10p -179.80p
Earnings per Share - Diluted  7.10p 1.70p 5.30p -25.10p -179.80p
Earnings per Share - Adjusted  4.70p 2.10p -1.50p -4.30p -9.40p
Continuing and Discontinued EPS
Earnings per Share - Basic  7.30p 3.10p 8.10p -25.10p -174.80p
Earnings per Share - Diluted  7.10p 3.00p 7.90p -25.10p -174.80p
Earnings per Share - Adjusted  4.70p 3.40p 1.15p -4.30p -9.64p
 
Dividend per Share  0.57p 0.00p 0.00p 0.00p 10.25p

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  7.10 5.00 7.60 8.20 15.50
Intangible Assets  5.20 5.10 3.40 2.40 0.00
Investment Properties  0.00 0.00 0.00 0.00 0.00
Investments  31.50 31.90 49.70 51.90 67.90
Other Financial Assets  0.00 0.00 6.20 11.10 3.00
Other Non-Current Assets  421.60 413.10 462.70 173.50 51.30
  465.40 455.10 529.60 247.10 137.70
Current Assets
Inventories  2788.80 2686.60 3436.20 3603.30 4890.60
Trade & Other Receivables  105.70 83.40 175.50 191.50 271.70
Cash at Bank & in Hand  190.40 147.70 183.90 132.10 752.30
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
  3084.90 2917.70 3795.60 3926.90 5914.60
 
Total Assets  3550.30 3372.80 4325.20 4174.00 6052.30
 
Liabilities
Current Liabilities
Borrowings  0.00 0.00 -15.10 -12.70 -124.50
Other Current Liabilities  -865.70 -844.80 -1112.40 -1050.40 -1423.30
  -865.70 -844.80 -1127.50 -1063.10 -1547.80
 
Net Current Assets  2219.20 2072.90 2668.10 2863.80 4366.80
 
Non-Current Liabilities
Borrowings  -249.40 -264.60 -823.30 -870.30 -2157.10
Provisions  -10.70 -18.50 -43.70 -51.80 -52.30
Other Non-Current Liabilities  -435.00 -409.90 -507.60 -687.90 -621.90
  -695.10 -693.00 -1374.60 -1610.00 -2831.30
 
Other Liabilities  n/a n/a n/a n/a n/a
Total Liabilities  -1560.80 -1537.80 -2502.10 -2673.10 -4379.10
 
Net Assets  1989.50 1835.00 1823.10 1500.90 1673.20
 
Capital & Reserves
Share Capital  288.00 287.70 287.70 287.70 289.60
Share Premium Account  758.80 754.40 753.70 753.60 753.60
Other Reserves  28.70 38.30 100.80 71.70 -211.00
Retained Earnings  912.60 753.10 679.40 385.50 838.30
Shareholders Funds  1988.10 1833.50 1821.60 1498.50 1670.50
 
Minority Interests/Other Equity  1.40 1.50 1.50 2.40 2.70
Total Equity  1989.50 1835.00 1823.10 1500.90 1673.20
Ratios - based on IFRS 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations
PE Ratio - Adjusted  14.00 17.86 -21.01 -9.05 -1.44
PEG - Adjusted  0.11 -0.07 0.32 0.17 0.01
Earnings per Share Growth - Adjusted  123.81% -240.00% -65.12% -54.26% -131.86%
Dividend Cover  8.25 n/a n/a n/a -0.92
Revenue Per Share  63.36p 56.68p 55.35p 101.72p 329.28p
Pre-Tax Profit per Share  6.52p 2.46p -4.85p -27.43p -187.04p
Operating Margin  11.68% 6.97% -4.11% -23.39% -53.58%
Return on Capital Employed  9.62% 5.63% -2.36% -20.78% -42.96%
 
Continuing & Discontinued Operations
Dividend Yield  0.87% 0.00% 0.00% 0.00% 75.93%
Dividend per Share Growth  n/a n/a n/a -100.00% -32.79%
Net Asset Value per Share (exc. Intangibles)  61.42p 57.11p 56.87p 46.80p 144.22p
Net Gearing  2.97% 6.38% 35.93% 50.11% 91.55%

Data is provided by Morningstar


TAYLOR WIMPEY - Fundamentals

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