HLCL HELICAL BAR PLC ORD 1P

HELICAL BAR 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	52.97	119.06	67.35	81.77	65.62
Operating Profit/(Loss)	16.60	-1.65	16.13	-54.81	-24.42
Net Interest	8.41	6.99	9.33	9.72	3.03
Profit Before Tax	7.41	-6.28	7.88	-71.86	-24.29
Profit After Tax	7.57	-3.89	9.59	-53.50	-12.31
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	7.57	-3.89	9.59	-53.50	-12.31
Attributable to:
Minority Interests	0.01	0.00	0.03	-0.14	0.01
Equity Holders of Parent Company	7.58	-3.89	9.62	-53.64	-12.31

Continuing EPS
Earnings per Share - Basic	6.50p	-3.60p	9.10p	-56.60p	-13.50p
Earnings per Share - Diluted	6.50p	-3.60p	9.10p	-56.60p	-13.50p
Earnings per Share - Adjusted	3.40p	-6.40p	-0.10p	9.00p	11.60p
Continuing and Discontinued EPS
Earnings per Share - Basic	6.50p	-3.60p	9.10p	-56.60p	-13.50p
Earnings per Share - Diluted	6.50p	-3.60p	9.10p	-56.60p	-13.50p
Earnings per Share - Adjusted	3.40p	-6.40p	-0.10p	9.00p	11.60p

Dividend per Share	4.90p	4.75p	4.50p	4.50p	4.50p

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	-325.63	-251.03	-218.26	-239.54	-304.77
Intangible Assets	0.00	0.01	0.02	0.03	0.03
Investment Properties	326.88	252.53	219.90	241.29	306.78
Investments	40.59	36.06	26.38	7.92	6.08
Other Financial Assets	0.63	0.79	1.94	0.00	0.00
Other Non-Current Assets	9.05	28.23	16.49	16.75	12.00
	378.40	319.12	266.38	267.74	326.89
Current Assets
Inventories	99.74	147.54	182.58	210.42	182.51
Trade & Other Receivables	24.25	36.85	39.79	41.46	44.08
Cash at Bank & in Hand	35.41	31.33	39.80	72.78	17.09
Current Asset Investments	7.00	10.51	10.96	7.68	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.01
	166.41	226.23	273.12	332.33	243.69

Total Assets	544.81	545.35	539.50	600.07	570.59

Liabilities
Current Liabilities
Borrowings	-59.20	-37.50	-72.46	-48.16	-50.24
Other Current Liabilities	-24.81	-45.22	-43.65	-51.22	-66.55
	-84.01	-82.72	-116.11	-99.37	-116.79

Net Current Assets	82.40	143.50	157.01	232.96	126.90

Non-Current Liabilities
Borrowings	-203.99	-199.92	-170.30	-249.30	-172.36
Provisions	0.00	0.00	0.00	0.00	-11.85
Other Non-Current Liabilities	-3.08	-7.31	-10.49	-14.34	-0.93
	-207.07	-207.23	-180.78	-263.63	-185.14

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-291.08	-289.95	-296.89	-363.00	-301.93

Net Assets	253.73	255.40	242.61	237.07	268.66

Capital & Reserves
Share Capital	1.45	1.45	1.34	1.34	1.22
Share Premium Account	98.68	98.68	70.83	70.38	42.52
Other Reserves	10.38	11.26	7.77	6.70	60.85
Retained Earnings	143.11	143.89	162.55	158.49	163.91
Shareholders Funds	253.62	255.28	242.48	236.91	268.50

Minority Interests/Other Equity	0.11	0.12	0.12	0.16	0.16
Total Equity	253.73	255.40	242.61	237.07	268.66

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10	31-Mar-09	31-Mar-08
Continuing Operations
PE Ratio - Adjusted	55.74	-42.31	-3379.00	31.94	32.41
PEG - Adjusted	-0.36	-0.01	33.42	-1.43	-1.08
Earnings per Share Growth - Adjusted	-153.13%	6300.00%	-101.11%	-22.41%	-30.12%
Dividend Cover	0.69	-1.35	-0.02	2.00	2.58
Revenue Per Share	45.33p	108.79p	63.81p	86.21p	71.76p
Pre-Tax Profit per Share	6.34p	-5.74p	7.46p	-75.76p	-26.56p
Operating Margin	24.80%	-6.44%	25.73%	-82.43%	-35.81%
Return on Capital Employed	3.06%	0.14%	3.54%	-11.63%	-4.22%

Continuing & Discontinued Operations
Dividend Yield	2.59%	1.75%	1.33%	1.57%	1.20%
Dividend per Share Growth	3.16%	5.56%	0.00%	0.00%	11.11%
Net Asset Value per Share (exc. Intangibles)	214.68p	216.07p	225.74p	221.20p	280.44p
Net Gearing	89.81%	80.73%	83.70%	94.84%	76.54%

Data is provided by Morningstar

HLCL HELICAL BAR PLC ORD 1P

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