MCM MOTIVCOM PLC ORD SHS 0.5P

MOTIVCOM Currency GBX

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	106.59	105.95	115.48	102.39	110.49
Operating Profit/(Loss)	2.71	3.43	4.46	3.39	2.57
Net Interest	0.09	0.11	0.12	0.35	0.62
Profit Before Tax	2.50	3.28	4.39	3.06	2.09
Profit After Tax	1.93	2.37	3.12	2.23	1.51
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	1.93	2.37	3.12	2.23	1.51
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	1.93	2.37	3.12	2.23	1.51

Continuing EPS
Earnings per Share - Basic	6.52p	8.14p	10.72p	7.65p	5.02p
Earnings per Share - Diluted	6.35p	7.78p	10.29p	7.48p	4.95p
Earnings per Share - Adjusted	10.79p	9.97p	11.48p	8.75p	6.89p
Continuing and Discontinued EPS
Earnings per Share - Basic	6.52p	8.14p	10.72p	7.65p	5.02p
Earnings per Share - Diluted	6.35p	7.78p	10.29p	7.48p	4.95p
Earnings per Share - Adjusted	10.79p	9.97p	11.48p	8.75p	6.89p

Dividend per Share	4.35p	3.35p	2.70p	2.30p	2.30p

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	4.62	5.05	5.22	5.01	4.38
Intangible Assets	23.65	25.08	21.21	21.41	21.72
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	0.00	0.00	0.00	0.00	0.80
	28.27	30.13	26.43	26.41	26.90
Current Assets
Inventories	0.74	0.62	0.63	0.49	0.67
Trade & Other Receivables	22.48	23.86	27.07	18.86	19.41
Cash at Bank & in Hand	13.93	11.19	12.59	8.98	8.20
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
	37.15	35.66	40.29	28.33	28.28

Total Assets	65.42	65.80	66.73	54.74	55.18

Liabilities
Current Liabilities
Borrowings	-0.20	-3.55	-0.78	-0.78	-0.89
Other Current Liabilities	-40.04	-36.67	-39.73	-29.24	-30.01
	-40.24	-40.22	-40.51	-30.02	-30.90

Net Current Assets	-3.09	-4.55	-0.21	-1.69	-2.62

Non-Current Liabilities
Borrowings	-1.80	-2.00	-5.53	-6.31	-7.09
Provisions	-0.60	-1.63	-0.24	-0.35	-0.95
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-2.40	-3.63	-5.77	-6.66	-8.05

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-42.64	-43.85	-46.28	-36.68	-38.94

Net Assets	22.79	21.95	20.45	18.06	16.24

Capital & Reserves
Share Capital	0.16	0.16	0.16	0.16	0.16
Share Premium Account	9.94	9.94	9.92	9.92	9.92
Other Reserves	-1.01	-1.18	-1.27	-1.15	-1.31
Retained Earnings	13.70	13.03	11.65	9.14	7.47
Shareholders Funds	22.79	21.95	20.45	18.06	16.24

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	22.79	21.95	20.45	18.06	16.24

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	9.22	7.07	9.58	8.91	5.66
PEG - Adjusted	1.12	-0.54	0.31	0.33	-0.24
Earnings per Share Growth - Adjusted	8.22%	-13.15%	31.20%	27.00%	-23.61%
Dividend Cover	2.48	2.98	4.25	3.80	3.00
Revenue Per Share	359.86p	364.62p	397.41p	351.47p	366.99p
Pre-Tax Profit per Share	8.45p	11.29p	15.09p	10.52p	6.95p
Operating Margin	2.36%	3.14%	3.85%	3.29%	2.28%
Return on Capital Employed	149.42%	83.88%	77.87%	83.24%	78.78%

Continuing & Discontinued Operations
Dividend Yield	4.37%	4.75%	2.45%	2.95%	5.90%
Dividend per Share Growth	29.85%	24.07%	17.39%	0.00%	64.29%
Net Asset Value per Share (exc. Intangibles)	-2.86p	-10.77p	-2.63p	-11.48p	-18.84p
Net Gearing	-52.37%	-25.69%	-30.69%	-10.46%	-1.36%

Data is provided by Morningstar

MOTIVCOM - Fundamentals