CAD CADOGAN PETROLEUM PLC ORD 3P

CADOGAN Currency GBX Standard Shares

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	3.48	4.49	3.21	2.34	1.79
Operating Profit/(Loss)	-57.26	98.10	0.40	-107.59	-27.16
Net Interest	0.00	0.00	0.00	0.00	0.00
Profit Before Tax	-57.14	98.20	0.53	-107.19	-24.36
Profit After Tax	-57.30	98.50	0.84	-107.30	-24.88
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-57.30	98.50	0.84	-107.30	-24.88
Attributable to:
Minority Interests	0.02	-0.99	0.00	0.00	0.84
Equity Holders of Parent Company	-57.28	97.52	0.84	-107.30	-24.04

Continuing EPS
Earnings per Share - Basic	-24.79p	42.21p	0.38p	-46.40p	-17.00p
Earnings per Share - Diluted	-24.79p	42.21p	0.38p	-46.40p	-17.00p
Earnings per Share - Adjusted	-24.79p	42.21p	0.38p	-46.40p	-17.00p
Continuing and Discontinued EPS
Earnings per Share - Basic	-24.79p	42.21p	0.38p	-46.40p	-17.00p
Earnings per Share - Diluted	-24.79p	42.21p	0.38p	-46.40p	-17.00p
Earnings per Share - Adjusted	-24.79p	42.21p	0.38p	-46.40p	-17.00p

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	0.00	0.00	33.34	30.44	36.83
Intangible Assets	48.13	42.45	3.94	0.00	50.38
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.42	0.45	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	28.69	63.94	1.10	20.40	21.10
	76.81	106.39	38.80	51.29	108.31
Current Assets
Inventories	3.19	4.22	2.55	5.52	8.16
Trade & Other Receivables	21.86	42.63	24.69	5.39	21.49
Cash at Bank & in Hand	26.09	41.85	23.26	30.51	72.03
Current Asset Investments	0.00	0.00	0.24	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	51.13	88.70	50.74	41.42	101.67

Total Assets	127.95	195.09	89.54	92.71	209.98

Liabilities
Current Liabilities
Borrowings	0.00	0.00	-0.24	0.00	0.00
Other Current Liabilities	-5.37	-5.20	-4.61	-7.95	-4.83
	-5.37	-5.20	-4.84	-7.95	-4.83

Net Current Assets	45.76	83.50	45.89	33.47	96.84

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-3.06	-7.78	-0.92	-1.15	-1.71
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-3.06	-7.78	-0.92	-1.15	-1.71

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-8.43	-12.97	-5.76	-9.10	-6.54

Net Assets	119.52	182.12	83.78	83.61	203.45

Capital & Reserves
Share Capital	8.21	8.58	8.52	6.93	6.93
Share Premium Account	0.00	0.00	0.00	0.00	250.37
Other Reserves	-72.42	-77.50	-76.00	-16.28	-3.75
Retained Earnings	183.51	250.78	151.99	93.59	-49.48
Shareholders Funds	119.29	181.86	84.50	84.25	204.08

Minority Interests/Other Equity	0.23	0.26	-0.72	-0.63	-0.63
Total Equity	119.52	182.12	83.78	83.61	203.45

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	-0.58	0.59	57.24	-0.38	-1.03
PEG - Adjusted	0.00	0.00	-0.57	0.00	-0.01
Earnings per Share Growth - Adjusted	-158.73%	10921.15%	-100.83%	172.94%	158.52%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	1.51p	1.94p	1.39p	1.01p	1.28p
Pre-Tax Profit per Share	-24.73p	42.49p	0.23p	-46.38p	-17.44p
Operating Margin	-1645.23%	2183.79%	12.36%	-4594.24%	-1518.58%
Return on Capital Employed	-76.76%	66.60%	0.65%	-126.46%	-15.74%

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)	30.80p	60.33p	34.86p	36.46p	66.51p
Net Gearing	-21.87%	-23.01%	-27.25%	-36.21%	-35.29%

Data is provided by Morningstar

CADOGAN - Fundamentals