KBT K3 BUSINESS TECHNOLOGY GROUP PLC ORD 25P

K3 BUS.TECH. Currency GBX

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	31-Dec-08	31-Dec-07
Continuing Operations
Revenue	67.96	52.80	59.78	37.62	34.15
Operating Profit/(Loss)	7.35	5.81	6.16	5.37	4.71
Net Interest	0.02	0.02	1.23	1.29	0.95
Profit Before Tax	6.04	4.91	4.77	3.94	3.68
Profit After Tax	5.72	4.48	3.75	2.81	2.92
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	5.72	4.48	3.75	2.81	2.92
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	5.72	4.48	3.75	2.81	2.92

Continuing EPS
Earnings per Share - Basic	20.30p	17.50p	15.20p	11.80p	13.40p
Earnings per Share - Diluted	19.80p	17.00p	15.20p	11.70p	13.10p
Earnings per Share - Adjusted	30.20p	27.50p	23.70p	18.20p	16.80p
Continuing and Discontinued EPS
Earnings per Share - Basic	20.30p	17.50p	15.20p	11.80p	13.40p
Earnings per Share - Diluted	19.80p	17.00p	15.20p	11.70p	13.10p
Earnings per Share - Adjusted	30.20p	27.50p	23.70p	18.20p	16.80p

Dividend per Share	0.75p	0.25p	1.00p	0.50p	0.00p

Balance Sheet (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	31-Dec-08	31-Dec-07
Assets
Non-Current Assets
Property, Plant & Equipment	2.72	1.99	1.39	1.33	1.31
Intangible Assets	64.80	56.72	46.64	45.30	43.78
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.22	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.81	0.75	0.57	0.24	0.47
	68.33	59.46	48.60	47.10	45.55
Current Assets
Inventories	0.00	0.00	0.00	0.00	0.00
Trade & Other Receivables	30.32	22.64	14.44	10.69	10.98
Cash at Bank & in Hand	2.10	0.81	0.37	2.83	3.09
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
	32.42	23.46	14.81	13.52	14.07

Total Assets	100.74	82.91	63.41	60.62	59.62

Liabilities
Current Liabilities
Borrowings	-17.78	-4.80	-4.30	-5.49	-4.04
Other Current Liabilities	-30.26	-24.50	-15.21	-13.54	-15.34
	-48.04	-29.30	-19.51	-19.04	-19.39

Net Current Assets	-15.62	-5.84	-4.70	-5.52	-5.32

Non-Current Liabilities
Borrowings	0.00	-11.50	-7.05	-10.35	-12.44
Provisions	-4.91	-4.43	-3.65	-3.34	-3.51
Other Non-Current Liabilities	-0.89	-0.44	-1.76	-0.03	-0.56
	-5.80	-16.37	-12.46	-13.71	-16.51

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-53.84	-45.67	-31.97	-32.75	-35.90

Net Assets	46.91	37.24	31.44	27.87	23.72

Capital & Reserves
Share Capital	7.12	6.48	6.41	5.94	5.93
Share Premium Account	7.24	2.86	2.71	1.62	1.59
Other Reserves	11.20	12.09	11.00	12.44	10.98
Retained Earnings	21.35	15.81	11.33	7.87	5.23
Shareholders Funds	46.91	37.24	31.44	27.87	23.72

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	46.91	37.24	31.44	27.87	23.72

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	31-Dec-08	31-Dec-07
Continuing Operations
PE Ratio - Adjusted	5.55	8.09	4.96	3.38	9.58
PEG - Adjusted	0.57	0.50	0.16	0.41	n/a
Earnings per Share Growth - Adjusted	9.82%	16.03%	30.22%	8.33%	n/a
Dividend Cover	40.27	110.00	23.70	36.40	n/a
Revenue Per Share	240.63p	205.85p	243.03p	158.90p	157.38p
Pre-Tax Profit per Share	21.40p	19.13p	19.38p	16.65p	16.94p
Operating Margin	8.91%	9.26%	10.02%	13.90%	13.41%
Return on Capital Employed	126.41%	393.29%	-2937.75%	298.74%	-6900.00%

Continuing & Discontinued Operations
Dividend Yield	0.45%	0.11%	0.85%	0.81%	0.00%
Dividend per Share Growth	200.00%	-75.00%	100.00%	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	-62.82p	-75.17p	-59.27p	-73.38p	-84.60p
Net Gearing	33.43%	41.58%	34.93%	46.69%	56.47%

Data is provided by Morningstar

K3 BUS.TECH. - Fundamentals