CHRT COHORT PLC ORD 10P

COHORT Currency GBX

Income Statement (£ m)	30-Apr-12	30-Apr-11	30-Apr-10	30-Apr-09	30-Apr-08
Continuing Operations
Revenue	75.41	65.14	78.13	76.73	57.09
Operating Profit/(Loss)	4.19	2.84	2.89	5.05	5.61
Net Interest	0.12	0.17	0.18	0.30	0.16
Profit Before Tax	4.16	2.70	2.75	4.62	5.57
Profit After Tax	4.57	2.76	2.29	3.76	4.48
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	4.57	2.76	2.29	3.76	4.48
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	4.57	2.76	2.29	3.76	4.48

Continuing EPS
Earnings per Share - Basic	11.30p	6.79p	5.63p	9.28p	12.81p
Earnings per Share - Diluted	11.28p	6.79p	5.62p	9.21p	12.66p
Earnings per Share - Adjusted	15.52p	9.60p	7.67p	12.83p	14.58p
Continuing and Discontinued EPS
Earnings per Share - Basic	11.30p	6.79p	5.63p	9.28p	12.81p
Earnings per Share - Diluted	11.28p	6.79p	5.62p	9.21p	12.66p
Earnings per Share - Adjusted	15.52p	9.60p	7.67p	12.83p	14.58p

Dividend per Share	2.60p	2.20p	1.85p	1.55p	1.35p

Balance Sheet (£ m)	30-Apr-12	30-Apr-11	30-Apr-10	30-Apr-09	30-Apr-08
Assets
Non-Current Assets
Property, Plant & Equipment	7.25	7.82	7.93	4.73	4.87
Intangible Assets	32.19	33.55	31.68	32.27	33.03
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	0.16	0.12	1.02	0.27	0.05
	39.60	41.49	40.62	37.26	37.95
Current Assets
Inventories	0.22	0.36	0.44	0.36	0.15
Trade & Other Receivables	20.47	20.34	22.84	22.44	20.88
Cash at Bank & in Hand	14.14	10.18	6.66	7.51	6.08
Current Asset Investments	0.00	0.58	0.02	0.18	0.13
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	34.82	31.45	29.95	30.49	27.24

Total Assets	74.42	72.94	70.57	67.75	65.18

Liabilities
Current Liabilities
Borrowings	0.00	-3.13	-3.17	-3.20	-3.16
Other Current Liabilities	-21.31	-19.53	-19.39	-18.75	-19.54
	-21.31	-22.66	-22.56	-21.95	-22.70

Net Current Assets	13.51	8.78	7.39	8.53	4.54

Non-Current Liabilities
Borrowings	0.00	-0.31	-0.44	-0.62	-0.82
Provisions	-1.01	-1.70	-1.21	-0.92	-0.82
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-1.01	-2.02	-1.65	-1.54	-1.64

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-22.32	-24.68	-24.21	-23.49	-24.34

Net Assets	52.10	48.26	46.36	44.26	40.84

Capital & Reserves
Share Capital	4.08	4.08	4.08	4.06	4.05
Share Premium Account	29.52	29.52	29.52	29.30	29.16
Other Reserves	0.40	0.28	0.39	0.22	0.20
Retained Earnings	18.10	14.38	12.37	10.69	7.44
Shareholders Funds	52.10	48.26	46.36	44.26	40.84

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	52.10	48.26	46.36	44.26	40.84

Ratios - based on IFRS	30-Apr-12	30-Apr-11	30-Apr-10	30-Apr-09	30-Apr-08
Continuing Operations
PE Ratio - Adjusted	6.35	6.61	13.89	13.68	12.86
PEG - Adjusted	0.10	0.26	-0.35	-1.14	0.19
Earnings per Share Growth - Adjusted	61.67%	25.16%	-40.22%	-12.00%	67.39%
Dividend Cover	5.97	4.36	4.15	8.28	10.80
Revenue Per Share	186.54p	160.30p	191.83p	189.50p	163.31p
Pre-Tax Profit per Share	10.28p	6.63p	6.75p	11.40p	15.93p
Operating Margin	5.56%	4.36%	3.70%	6.58%	9.83%
Return on Capital Employed	20.41%	14.44%	15.01%	29.42%	45.38%

Continuing & Discontinued Operations
Dividend Yield	2.64%	3.46%	1.74%	0.88%	0.72%
Dividend per Share Growth	18.18%	18.92%	19.35%	14.81%	68.75%
Net Asset Value per Share (exc. Intangibles)	48.82p	36.05p	36.00p	29.54p	19.31p
Net Gearing	-27.14%	-13.95%	-6.56%	-8.35%	-5.12%

Data is provided by Morningstar

COHORT - Fundamentals