GEM GEMFIELDS PLC ORD 1P

GEMFIELDS Currency GBX

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
Revenue	53.37	25.01	13.31	0.50	0.00
Operating Profit/(Loss)	158.60	12.40	1.55	-172.05	-15.65
Net Interest	0.14	0.00	0.37	0.40	0.21
Profit Before Tax	158.70	12.40	1.00	-176.87	-15.39
Profit After Tax	102.94	13.36	1.73	-122.39	-15.17
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	102.94	13.36	1.73	-122.39	-15.17
Attributable to:
Minority Interests	-26.29	-2.74	-0.34	22.27	0.44
Equity Holders of Parent Company	76.65	10.62	1.38	-100.11	-14.73

Continuing EPS
Earnings per Share - Basic	23.59p	3.11p	0.67p	-30.99p	-12.56p
Earnings per Share - Diluted	22.95p	3.11p	0.67p	-30.99p	-12.56p
Earnings per Share - Adjusted	23.59p	3.11p	0.67p	-30.99p	-12.56p
Continuing and Discontinued EPS
Earnings per Share - Basic	23.59p	3.11p	0.67p	-30.99p	-12.56p
Earnings per Share - Diluted	22.95p	3.11p	0.67p	-30.99p	-12.56p
Earnings per Share - Adjusted	23.59p	3.11p	0.67p	-30.99p	-12.56p

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

Balance Sheet (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Assets
Non-Current Assets
Property, Plant & Equipment	136.55	5.03	4.02	3.64	134.95
Intangible Assets	1.68	0.00	0.00	0.00	0.00
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	7.81	2.45	0.94	1.48	0.00
	146.04	7.48	4.96	5.12	134.95
Current Assets
Inventories	17.84	12.49	11.62	11.21	3.77
Trade & Other Receivables	2.75	2.23	2.04	0.98	0.58
Cash at Bank & in Hand	23.42	8.50	1.92	4.17	24.15
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
	44.01	23.22	15.58	16.37	28.49

Total Assets	190.05	30.70	20.54	21.49	163.45

Liabilities
Current Liabilities
Borrowings	-0.64	0.00	-2.34	-2.16	-0.29
Other Current Liabilities	-7.44	-3.34	-3.11	-2.87	-3.09
	-8.08	-3.34	-5.45	-5.04	-3.39

Net Current Assets	35.93	19.88	10.13	11.33	25.11

Non-Current Liabilities
Borrowings	-1.22	0.00	0.00	-1.00	-4.82
Provisions	-49.57	-0.56	-1.09	-4.46	-49.36
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-50.79	-0.56	-1.09	-5.46	-54.18

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-58.87	-3.90	-6.54	-10.49	-57.57

Net Assets	131.18	26.80	14.00	10.99	105.88

Capital & Reserves
Share Capital	3.93	3.84	4.12	3.74	2.97
Share Premium Account	61.78	60.33	64.72	58.83	45.05
Other Reserves	78.19	75.65	81.96	74.86	61.34
Retained Earnings	-42.15	-116.07	-137.13	-126.45	-21.89
Shareholders Funds	101.75	23.74	13.66	10.99	87.47

Minority Interests/Other Equity	29.43	3.06	0.34	0.00	18.41
Total Equity	131.18	26.80	14.00	10.99	105.88

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
PE Ratio - Adjusted	1.60	6.03	7.09	-0.22	-2.83
PEG - Adjusted	0.00	0.02	-0.07	0.00	-0.01
Earnings per Share Growth - Adjusted	657.51%	366.17%	-102.16%	146.77%	260.03%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	16.44p	7.72p	4.11p	0.15p	0.00p
Pre-Tax Profit per Share	48.90p	3.82p	0.31p	-54.57p	-12.98p
Operating Margin	297.31%	49.29%	10.30%	-35826.26%	n/a
Return on Capital Employed	87.79%	45.31%	7.90%	-948.13%	-9.47%

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)	30.82p	7.32p	4.21p	3.39p	28.28p
Net Gearing	-21.19%	-35.81%	3.07%	-9.23%	-21.76%

Data is provided by Morningstar

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