HDY HARDY OIL & GAS PLC ORD USD0.01

HARDY OIL Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	0.00	7.26	8.42	4.75	11.87
Operating Profit/(Loss)	-8.09	-3.00	-0.15	-4.66	-1.19
Net Interest	0.02	0.04	0.05	0.04	0.06
Profit Before Tax	-7.79	-2.96	0.06	-4.55	8.53
Profit After Tax	-6.81	-1.21	-0.15	-3.67	5.12
Discontinued Operations
Profit After Tax	0.00	0.00	-0.50	-0.37	0.00
PROFIT FOR THE PERIOD	-6.81	-1.21	-0.65	-4.03	5.12
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-6.81	-1.21	-0.65	-4.03	5.12

Continuing EPS
Earnings per Share - Basic	-9.23p	-1.93p	-0.22p	-6.19p	8.23p
Earnings per Share - Diluted	-9.23p	-1.93p	-0.22p	-6.19p	7.54p
Earnings per Share - Adjusted	-9.23p	-1.93p	-0.22p	-6.19p	8.23p
Continuing and Discontinued EPS
Earnings per Share - Basic	-9.23p	-1.93p	-0.96p	-6.19p	8.23p
Earnings per Share - Diluted	-9.23p	-1.93p	-0.96p	-6.19p	7.54p
Earnings per Share - Adjusted	-9.23p	-1.93p	-0.96p	-6.19p	8.23p

Dividend per Share	0.00p	0.00p	0.00p	0.00p	0.00p

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	3.59	3.76	4.93	6.21	5.81
Intangible Assets	47.88	52.58	54.38	83.35	85.12
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	2.61	2.25	2.20
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	7.05	6.30	2.96	0.00	0.00
	58.52	62.63	64.88	91.81	93.14
Current Assets
Inventories	1.25	1.33	1.60	1.52	2.56
Trade & Other Receivables	0.87	0.73	2.92	2.36	2.80
Cash at Bank & in Hand	1.88	4.38	5.35	6.21	5.58
Current Asset Investments	16.02	19.11	17.98	12.68	15.09
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	20.01	25.54	27.85	22.77	26.04

Total Assets	78.53	88.18	92.72	114.58	119.18

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	-3.74	-3.93	-8.56	-9.50	-9.44
	-3.74	-3.93	-8.56	-9.50	-9.44

Net Current Assets	16.27	21.62	19.28	13.27	16.61

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-3.17	-3.10	-2.87	-8.89	-10.83
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-3.17	-3.10	-2.87	-8.89	-10.83

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-6.90	-7.02	-11.44	-18.39	-20.27

Net Assets	71.62	81.15	81.29	96.19	98.91

Capital & Reserves
Share Capital	0.45	0.47	4.03	4.48	3.12
Share Premium Account	74.20	77.21	75.33	67.09	64.02
Other Reserves	2.83	2.74	0.00	0.00	0.00
Retained Earnings	-5.86	0.73	1.93	24.62	31.77
Shareholders Funds	71.62	81.15	81.29	96.19	98.91

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	71.62	81.15	81.29	96.19	98.91

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	-9.75	-75.78	-977.27	-40.79	20.93
PEG - Adjusted	-0.03	-0.10	10.13	0.23	1.16
Earnings per Share Growth - Adjusted	378.13%	773.30%	-96.43%	-175.16%	18.01%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	0.00p	10.01p	12.27p	7.15p	19.05p
Pre-Tax Profit per Share	-10.67p	-4.08p	0.09p	-6.84p	13.70p
Operating Margin	n/a	-43.81%	-1.79%	-98.11%	64.80%
Return on Capital Employed	-28.89%	-9.21%	0.35%	-20.72%	34.91%

Continuing & Discontinued Operations
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Dividend per Share Growth	n/a	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	32.52p	39.26p	37.41p	18.73p	22.13p
Net Gearing	-2.62%	-5.39%	-6.58%	-6.45%	-5.64%

Data is provided by Morningstar

HARDY OIL - Fundamentals