AGR ASSURA GROUP LD ORD 10P

ASSURA GRP Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
Revenue	34.10	24.30	55.76	47.57	40.75
Operating Profit/(Loss)	11.30	23.00	7.72	-61.10	11.37
Net Interest	20.90	16.20	8.36	9.44	5.81
Profit Before Tax	-63.30	8.10	2.89	-99.68	12.64
Profit After Tax	-62.30	11.50	5.26	-99.12	13.64
Discontinued Operations
Profit After Tax	-1.50	3.20	-6.18	-8.23	-0.72
PROFIT FOR THE PERIOD	-63.80	14.70	-0.92	-107.34	12.93
Attributable to:
Minority Interests	0.00	0.00	0.04	0.12	0.27
Equity Holders of Parent Company	-63.80	14.70	-0.88	-107.22	13.20

Continuing EPS
Earnings per Share - Basic	-13.81p	2.31p	1.72p	-38.80p	6.15p
Earnings per Share - Diluted	-13.81p	2.31p	1.72p	-38.80p	6.15p
Earnings per Share - Adjusted	2.35p	3.34p	0.20p	-38.80p	6.15p
Continuing and Discontinued EPS
Earnings per Share - Basic	-13.46p	3.37p	-2.84p	-42.63p	6.22p
Earnings per Share - Diluted	-13.46p	3.37p	-2.84p	-42.63p	6.22p
Earnings per Share - Adjusted	2.70p	4.40p	-1.75p	-42.02p	5.83p

Dividend per Share	1.25p	1.00p	0.00p	4.67p	8.08p

Balance Sheet (£ m)	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Assets
Non-Current Assets
Property, Plant & Equipment	-529.20	-451.60	-300.93	-197.36	-201.38
Intangible Assets	0.00	44.50	39.43	41.84	37.89
Investment Properties	529.40	464.80	315.86	278.93	282.51
Investments	10.50	9.90	17.87	22.58	26.41
Other Financial Assets	0.00	0.20	0.00	0.00	5.86
Other Non-Current Assets	9.70	36.80	35.85	0.51	0.19
	549.80	569.40	423.94	425.42	434.00
Current Assets
Inventories	0.00	2.30	1.77	2.69	2.37
Trade & Other Receivables	13.80	12.00	10.26	9.69	14.27
Cash at Bank & in Hand	21.40	38.90	24.60	24.79	20.46
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	11.40	9.80	0.00	0.00	0.00
	46.60	63.00	36.64	37.18	37.09

Total Assets	596.40	632.40	460.58	462.60	471.09

Liabilities
Current Liabilities
Borrowings	-6.90	-3.10	-6.54	0.00	-0.66
Other Current Liabilities	-21.10	-31.60	-22.66	-56.30	-15.46
	-28.00	-34.70	-29.20	-56.30	-16.12

Net Current Assets	18.60	28.30	7.43	-19.12	20.98

Non-Current Liabilities
Borrowings	-371.80	-359.60	-250.28	-207.76	-189.59
Provisions	-0.90	-0.80	-1.14	0.00	0.00
Other Non-Current Liabilities	-7.80	-17.20	-17.27	-26.52	0.00
	-380.50	-377.60	-268.69	-234.28	-189.59

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-408.50	-412.30	-297.89	-290.57	-205.71

Net Assets	187.90	220.10	162.68	172.02	265.38

Capital & Reserves
Share Capital	53.00	41.20	31.75	31.75	23.52
Share Premium Account	77.10	55.40	23.28	23.21	2.07
Other Reserves	207.50	212.50	211.87	212.16	222.64
Retained Earnings	-149.70	-89.00	-104.22	-94.92	17.20
Shareholders Funds	187.90	220.10	162.68	172.20	265.44

Minority Interests/Other Equity	0.00	0.00	0.00	-0.18	-0.06
Total Equity	187.90	220.10	162.68	172.02	265.38

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
PE Ratio - Adjusted	13.09	13.25	227.50	-0.61	18.66
PEG - Adjusted	-0.44	0.01	-2.26	0.00	n/a
Earnings per Share Growth - Adjusted	-29.64%	1570.00%	-100.52%	-730.89%	n/a
Dividend Cover	1.88	3.34	n/a	-8.31	0.76
Revenue Per Share	7.37p	7.64p	17.56p	18.64p	18.01p
Pre-Tax Profit per Share	-13.68p	2.55p	0.91p	-39.07p	5.59p
Operating Margin	-138.71%	95.06%	21.15%	-192.04%	31.15%
Return on Capital Employed	-7.47%	4.51%	2.95%	-26.70%	4.42%

Continuing & Discontinued Operations
Dividend Yield	4.07%	2.26%	0.00%	19.87%	7.04%
Dividend per Share Growth	25.00%	n/a	-100.00%	-42.20%	n/a
Net Asset Value per Share (exc. Intangibles)	35.48p	42.63p	38.82p	41.06p	96.74p
Net Gearing	190.15%	147.11%	142.74%	106.25%	63.96%

Data is provided by Morningstar

AGR ASSURA GROUP LD ORD 10P

ASSURA GRP - Fundamentals