RWS RWS HOLDINGS PLC ORD 5P

RWS HLDGS Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	68.83	65.39	60.63	55.32	54.11
Operating Profit/(Loss)	16.18	15.53	13.33	13.39	12.76
Net Interest	0.00	0.10	0.02	0.00	0.00
Profit Before Tax	16.60	15.64	13.66	13.99	13.68
Profit After Tax	12.67	11.09	9.75	14.48	9.59
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	12.67	11.09	9.75	14.48	9.59
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	12.67	11.09	9.75	14.48	9.59

Continuing EPS
Earnings per Share - Basic	29.90p	26.20p	23.20p	35.00p	23.50p
Earnings per Share - Diluted	29.90p	26.20p	23.00p	34.30p	22.70p
Earnings per Share - Adjusted	31.00p	27.20p	25.10p	25.20p	24.00p
Continuing and Discontinued EPS
Earnings per Share - Basic	29.90p	26.20p	23.20p	35.00p	23.50p
Earnings per Share - Diluted	29.90p	26.20p	23.00p	34.30p	22.70p
Earnings per Share - Adjusted	31.00p	27.20p	25.10p	25.20p	24.00p

Dividend per Share	15.40p	13.90p	12.00p	10.70p	9.00p

Balance Sheet (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Assets
Non-Current Assets
Property, Plant & Equipment	13.29	13.53	12.43	0.76	0.74
Intangible Assets	18.33	16.65	17.25	18.17	14.46
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	4.35	0.00	0.00	0.17	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.23	0.25	1.71	3.61	1.27
	36.19	30.42	31.38	22.71	16.46
Current Assets
Inventories	0.00	0.00	0.00	0.00	0.00
Trade & Other Receivables	14.61	14.49	14.06	11.64	10.86
Cash at Bank & in Hand	25.10	24.85	17.91	24.27	22.08
Current Asset Investments	0.26	0.01	0.11	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	39.97	39.34	32.07	35.91	32.94

Total Assets	76.15	69.76	63.45	58.62	49.40

Liabilities
Current Liabilities
Borrowings	-0.77	0.00	0.00	0.00	0.00
Other Current Liabilities	-10.36	-10.06	-9.11	-8.64	-11.51
	-11.13	-10.06	-9.11	-8.64	-11.51

Net Current Assets	28.84	29.28	22.96	27.28	21.43

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-1.70	-1.64	-1.70	-1.91	-1.49
Other Non-Current Liabilities	-0.10	0.00	0.00	0.00	0.00
	-1.80	-1.64	-1.70	-1.91	-1.49

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-12.92	-11.70	-10.81	-10.55	-13.00

Net Assets	63.23	58.06	52.65	48.07	36.40

Capital & Reserves
Share Capital	2.12	2.12	2.12	2.07	2.07
Share Premium Account	3.58	3.58	3.58	3.40	3.40
Other Reserves	-7.00	-6.17	-6.37	-6.06	-7.80
Retained Earnings	64.53	58.53	53.32	48.65	38.72
Shareholders Funds	63.23	58.06	52.65	48.06	36.39

Minority Interests/Other Equity	0.00	0.00	0.00	0.01	0.01
Total Equity	63.23	58.06	52.65	48.07	36.40

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	17.58	16.91	10.64	12.50	14.42
PEG - Adjusted	1.26	2.02	-26.60	2.50	0.58
Earnings per Share Growth - Adjusted	13.97%	8.37%	-0.40%	5.00%	25.00%
Dividend Cover	2.01	1.96	2.09	2.36	2.67
Revenue Per Share	162.65p	154.54p	144.01p	133.94p	132.65p
Pre-Tax Profit per Share	39.22p	36.96p	32.44p	33.86p	33.54p
Operating Margin	23.50%	23.74%	21.98%	24.21%	23.59%
Return on Capital Employed	35.04%	36.55%	36.86%	43.96%	58.37%

Continuing & Discontinued Operations
Dividend Yield	2.83%	3.02%	4.49%	3.40%	2.60%
Dividend per Share Growth	10.79%	15.83%	12.15%	18.89%	20.00%
Net Asset Value per Share (exc. Intangibles)	106.11p	97.86p	83.64p	72.37p	53.10p
Net Gearing	-38.47%	-42.79%	-34.02%	-50.50%	-60.68%

Data is provided by Morningstar

RWS HLDGS - Fundamentals