LWDB LAW DEBENTURE CORPORATION PLC ORD 5P

LAW.DEB.CORP 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	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	17.80	18.23	15.56	15.26	18.25
Discontinued Operations
Profit After Tax	n/a	n/a	n/a	n/a	n/a
PROFIT FOR THE PERIOD	17.80	18.23	15.56	15.26	18.25
Attributable to:
Minority Interests	n/a	n/a	n/a	n/a	n/a
Equity Holders of Parent Company	17.80	18.23	15.56	15.26	18.25

Continuing EPS
Earnings per Share - Basic	15.14p	15.52p	13.26p	13.02p	15.58p
Earnings per Share - Diluted	15.14p	15.52p	13.26p	13.02p	15.58p
Earnings per Share - Adjusted	15.14p	15.52p	13.26p	13.02p	15.58p
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	13.50p	13.00p	12.20p	12.20p	12.20p

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	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	479.52	423.04	441.34	373.07	288.57
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	2.80	2.74	3.39	3.65	5.69
	482.32	425.78	444.73	376.72	294.26
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	11.35	12.60	10.53	8.42	8.28
Cash at Bank & in Hand	22.20	18.06	20.03	18.69	31.59
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
	33.55	30.67	30.56	27.10	39.87

Total Assets	515.87	456.45	475.29	403.82	334.13

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
	16.327	17.428	17.202	13.786	14.793

Net Current Assets	17.22	13.24	13.36	13.32	25.08

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
	47.68	48.09	45.52	47.63	52.92

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	64.01	65.52	62.72	61.42	67.71

Net Assets	451.86	390.93	412.57	342.40	266.42

Capital & Reserves
Share Capital	451.86	390.93	412.57	342.40	266.42
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	451.86	390.93	412.57	342.40	266.42

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	451.86	390.93	412.57	342.40	266.42

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	28.07	21.49	26.89	21.85	14.35
PEG - Adjusted	-11.46	1.26	14.61	-1.33	1.51
Earnings per Share Growth - Adjusted	-2.45%	17.04%	1.84%	-16.43%	9.49%
Dividend Cover	1.12	1.19	1.09	1.07	1.28
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	3.18%	3.90%	3.42%	4.29%	5.46%
Dividend per Share Growth	3.85%	6.56%	0.00%	0.00%	9.91%
Net Asset Value per Share (exc. Intangibles)	382.61p	331.03p	349.40p	290.01p	225.72p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

LAW.DEB.CORP - Fundamentals