PNX PHOENIX IT GROUP PLC ORD 1P

PHOENIX IT 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	264.60	271.60	245.80	253.20	230.80
Operating Profit/(Loss)	7.90	29.60	30.10	23.00	23.40
Net Interest	3.80	3.60	4.70	7.20	7.50
Profit Before Tax	3.80	25.30	25.20	15.60	15.50
Profit After Tax	2.80	18.70	19.20	11.00	10.70
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	2.80	18.70	19.20	11.00	10.70
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	2.80	18.70	19.20	11.00	10.70

Continuing EPS
Earnings per Share - Basic	3.80p	25.00p	25.40p	14.70p	15.00p
Earnings per Share - Diluted	3.70p	24.20p	24.60p	14.20p	14.60p
Earnings per Share - Adjusted	28.80p	31.60p	30.00p	27.10p	24.80p
Continuing and Discontinued EPS
Earnings per Share - Basic	3.80p	25.00p	25.40p	14.70p	15.00p
Earnings per Share - Diluted	3.70p	24.20p	24.60p	14.20p	14.60p
Earnings per Share - Adjusted	28.80p	31.60p	30.00p	27.10p	24.80p

Dividend per Share	10.70p	9.95p	6.30p	3.65p	5.00p

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	64.20	65.90	62.10	68.20	71.50
Intangible Assets	186.20	197.20	198.30	197.60	196.80
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	1.00	9.60
	250.40	263.10	260.40	266.80	277.90
Current Assets
Inventories	13.70	13.40	13.00	11.10	11.10
Trade & Other Receivables	70.40	56.50	54.10	54.70	57.80
Cash at Bank & in Hand	16.20	15.80	10.30	5.90	12.30
Current Asset Investments	0.00	0.00	0.00	0.00	0.00
Other Current Assets	2.30	2.70	2.20	3.40	0.00
	102.60	88.40	79.60	75.10	81.20

Total Assets	353.00	351.50	340.00	341.90	359.10

Liabilities
Current Liabilities
Borrowings	-3.00	-4.90	-20.70	-17.60	-18.20
Other Current Liabilities	-102.50	-103.10	-101.80	-97.80	-97.50
	-105.50	-108.00	-122.50	-115.40	-115.70

Net Current Assets	-2.90	-19.60	-42.90	-40.30	-34.50

Non-Current Liabilities
Borrowings	-81.00	-73.30	-57.50	-76.70	-97.00
Provisions	-10.20	-9.60	-8.70	-11.10	-15.20
Other Non-Current Liabilities	-9.50	-7.30	-12.30	-12.30	-10.90
	-100.70	-90.20	-78.50	-100.10	-123.10

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-206.20	-198.20	-201.00	-215.50	-238.80

Net Assets	146.80	153.30	139.00	126.40	120.30

Capital & Reserves
Share Capital	0.80	0.80	0.80	0.80	0.70
Share Premium Account	37.60	37.50	37.50	37.40	37.40
Other Reserves	59.00	58.90	57.50	56.20	58.50
Retained Earnings	49.40	56.10	43.20	32.00	23.70
Shareholders Funds	146.80	153.30	139.00	126.40	120.30

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	146.80	153.30	139.00	126.40	120.30

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
PE Ratio - Adjusted	6.76	6.33	8.67	5.35	11.65
PEG - Adjusted	-0.76	1.19	0.81	0.58	-5.88
Earnings per Share Growth - Adjusted	-8.86%	5.33%	10.70%	9.27%	-1.98%
Dividend Cover	2.69	3.18	4.76	7.42	4.96
Revenue Per Share	350.93p	361.17p	326.86p	337.15p	321.48p
Pre-Tax Profit per Share	5.04p	33.64p	33.51p	20.77p	21.59p
Operating Margin	2.87%	10.64%	12.12%	8.97%	9.88%
Return on Capital Employed	13.67%	64.80%	91.44%	64.59%	41.82%

Continuing & Discontinued Operations
Dividend Yield	5.49%	4.98%	2.42%	2.52%	1.73%
Dividend per Share Growth	7.54%	57.94%	72.60%	-27.06%	15.03%
Net Asset Value per Share (exc. Intangibles)	-52.27p	-58.36p	-78.85p	-94.76p	-102.01p
Net Gearing	46.19%	40.70%	48.85%	69.94%	85.54%

Data is provided by Morningstar

PNX PHOENIX IT GROUP PLC ORD 1P

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