WIL WILMINGTON GROUP PLC ORD 5P

WILMINGTON GRP. Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
Revenue	85.33	83.78	78.40	86.27	88.83
Operating Profit/(Loss)	9.04	7.88	9.20	5.10	13.64
Net Interest	1.97	1.30	1.07	1.15	1.22
Profit Before Tax	6.33	6.08	7.33	2.85	11.86
Profit After Tax	5.05	4.63	4.80	0.94	8.11
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	-0.38	-0.52
PROFIT FOR THE PERIOD	5.05	4.63	4.80	0.56	7.59
Attributable to:
Minority Interests	-0.17	-0.32	-0.35	-0.56	-0.76
Equity Holders of Parent Company	4.88	4.31	4.45	0.00	6.83

Continuing EPS
Earnings per Share - Basic	5.81p	5.20p	5.38p	0.46p	8.82p
Earnings per Share - Diluted	5.63p	5.07p	5.30p	0.45p	8.76p
Earnings per Share - Adjusted	12.41p	11.79p	10.59p	10.50p	13.34p
Continuing and Discontinued EPS
Earnings per Share - Basic	5.81p	5.20p	5.38p	-0.38p	10.05p
Earnings per Share - Diluted	5.63p	5.07p	5.30p	-0.39p	9.98p
Earnings per Share - Adjusted	12.41p	11.79p	10.59p	9.77p	15.14p

Dividend per Share	7.00p	7.00p	8.20p	7.00p	6.30p

Balance Sheet (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Assets
Non-Current Assets
Property, Plant & Equipment	6.77	7.78	7.19	7.78	8.26
Intangible Assets	106.12	110.90	87.58	91.11	102.79
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	0.64	0.34	0.49	0.49	0.25
	113.53	119.01	95.26	99.38	111.30
Current Assets
Inventories	0.06	0.83	1.08	1.34	1.77
Trade & Other Receivables	20.11	21.66	18.66	18.41	23.41
Cash at Bank & in Hand	3.95	2.32	1.78	1.51	3.70
Current Asset Investments	0.00	0.02	0.00	0.03	0.41
Other Current Assets	0.89	0.00	0.00	0.00	0.00
	25.01	24.82	21.52	21.28	29.29

Total Assets	138.54	143.83	116.78	120.66	140.59

Liabilities
Current Liabilities
Borrowings	-2.16	-2.28	-0.60	-1.34	-3.63
Other Current Liabilities	-38.67	-38.78	-37.08	-34.37	-40.72
	-40.83	-41.06	-37.68	-35.70	-44.35

Net Current Assets	-15.82	-16.24	-16.15	-14.42	-15.06

Non-Current Liabilities
Borrowings	-37.22	-38.99	-18.00	-18.00	-18.00
Provisions	-6.68	-9.83	-8.57	-12.10	-16.89
Other Non-Current Liabilities	-2.21	-1.05	-0.96	-1.05	0.00
	-46.11	-49.88	-27.53	-31.14	-34.89

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-86.94	-90.94	-65.20	-66.84	-79.24

Net Assets	51.60	52.90	51.58	53.82	61.35

Capital & Reserves
Share Capital	4.31	5.99	4.23	4.23	4.22
Share Premium Account	45.23	43.79	43.49	43.47	43.41
Other Reserves	-3.10	-3.10	-3.40	-3.58	-3.61
Retained Earnings	5.16	6.16	7.20	9.46	16.60
Shareholders Funds	51.60	52.85	51.53	53.58	60.62

Minority Interests/Other Equity	0.00	0.05	0.05	0.24	0.73
Total Equity	51.60	52.90	51.58	53.82	61.35

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
PE Ratio - Adjusted	6.97	9.92	13.08	11.12	14.24
PEG - Adjusted	1.33	0.88	15.21	-0.52	1.90
Earnings per Share Growth - Adjusted	5.26%	11.33%	0.86%	-21.29%	7.49%
Dividend Cover	1.77	1.68	1.29	1.50	2.12
Revenue Per Share	101.45p	101.20p	94.90p	104.45p	106.56p
Pre-Tax Profit per Share	7.52p	7.34p	8.87p	3.45p	14.23p
Operating Margin	9.72%	8.78%	10.71%	4.44%	14.36%
Return on Capital Employed	-98.06%	-106.91%	-95.15%	-68.22%	-448.58%

Continuing & Discontinued Operations
Dividend Yield	8.09%	5.98%	5.92%	6.00%	3.32%
Dividend per Share Growth	0.00%	-14.63%	17.14%	11.11%	34.04%
Net Asset Value per Share (exc. Intangibles)	-64.78p	-70.05p	-43.63p	-45.43p	-51.06p
Net Gearing	68.65%	73.70%	32.65%	33.28%	29.59%

Data is provided by Morningstar

WILMINGTON GRP. - Fundamentals