JHD JAMES HALSTEAD PLC ORD 5P

JAMES HALSTEAD Currency GBX

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
Revenue	226.34	213.94	186.42	169.26	158.74
Operating Profit/(Loss)	42.21	38.31	35.85	32.79	29.09
Net Interest	0.09	0.09	0.10	0.16	0.22
Profit Before Tax	42.71	38.48	35.75	33.00	29.86
Profit After Tax	30.53	27.47	25.68	24.85	20.36
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	30.53	27.47	25.68	24.85	20.36
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	30.53	27.47	25.68	24.85	20.36

Continuing EPS
Earnings per Share - Basic	29.50p	26.40p	49.70p	48.30p	39.70p
Earnings per Share - Diluted	29.30p	26.30p	49.60p	48.20p	39.50p
Earnings per Share - Adjusted	29.50p	26.40p	49.70p	48.30p	39.70p
Continuing and Discontinued EPS
Earnings per Share - Basic	29.50p	26.40p	49.70p	48.30p	39.70p
Earnings per Share - Diluted	29.30p	26.30p	49.60p	48.20p	39.50p
Earnings per Share - Adjusted	29.50p	26.40p	49.70p	48.30p	39.70p

Dividend per Share	14.80p	23.25p	25.00p	21.75p	17.50p

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	31.69	33.63	26.12	26.09	19.67
Intangible Assets	3.23	3.23	3.23	3.23	3.23
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	5.36	5.91	7.84	6.77	5.74
	40.29	42.77	37.19	36.10	28.64
Current Assets
Inventories	52.45	48.86	35.93	28.42	30.64
Trade & Other Receivables	30.96	32.12	28.56	24.49	23.03
Cash at Bank & in Hand	38.70	34.03	33.36	27.56	29.52
Current Asset Investments	1.07	0.02	1.23	0.99	0.15
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	123.19	115.03	99.08	81.46	83.35

Total Assets	163.47	157.80	136.27	117.55	111.99

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	-57.26	-58.20	-50.70	-37.92	-48.63
	-57.26	-58.20	-50.70	-37.92	-48.63

Net Current Assets	65.92	56.83	48.38	43.54	34.71

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-0.85	-0.92	-0.99	-0.99	-0.99
Other Non-Current Liabilities	-11.02	-13.03	-17.74	-16.35	-13.06
	-11.87	-13.95	-18.73	-17.34	-14.05

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-69.13	-72.15	-69.43	-55.26	-62.68

Net Assets	94.34	85.65	66.84	62.29	49.31

Capital & Reserves
Share Capital	5.32	5.36	2.43	2.41	2.41
Share Premium Account	1.97	1.08	3.03	1.74	1.71
Other Reserves	11.72	13.37	11.06	10.53	8.41
Retained Earnings	75.32	65.84	50.00	47.29	36.46
Shareholders Funds	94.34	85.65	66.84	62.29	49.31

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	94.34	85.65	66.84	62.29	49.31

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
PE Ratio - Adjusted	18.47	18.12	12.83	8.90	12.56
PEG - Adjusted	1.57	-0.39	4.42	0.41	0.45
Earnings per Share Growth - Adjusted	11.74%	-46.88%	2.90%	21.66%	27.65%
Dividend Cover	1.99	1.14	1.99	2.22	2.27
Revenue Per Share	218.34p	206.00p	360.62p	328.79p	309.40p
Pre-Tax Profit per Share	41.20p	37.05p	69.16p	64.10p	58.20p
Operating Margin	18.79%	17.92%	18.95%	19.07%	18.13%
Return on Capital Employed	41.82%	40.31%	43.84%	43.83%	50.48%

Continuing & Discontinued Operations
Dividend Yield	2.72%	4.86%	3.92%	5.06%	3.51%
Dividend per Share Growth	-36.34%	-7.00%	14.94%	24.29%	32.08%
Net Asset Value per Share (exc. Intangibles)	88.20p	79.25p	122.63p	114.72p	89.52p
Net Gearing	-41.03%	-39.73%	-49.91%	-44.25%	-59.87%

Data is provided by Morningstar

JAMES HALSTEAD - Fundamentals