CNKS CENKOS SECURITIES PLC ORD 1P

CENKOS SEC Currency GBX

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	43.16	37.36	58.53	46.20	28.28
Operating Profit/(Loss)	6.49	4.80	6.44	5.60	3.96
Net Interest	0.01	0.01	0.00	0.26	0.11
Profit Before Tax	7.01	5.12	6.60	7.50	5.12
Profit After Tax	5.15	3.58	4.44	5.03	3.72
Discontinued Operations
Profit After Tax	0.18	0.62	0.38	0.00	0.00
PROFIT FOR THE PERIOD	5.33	4.20	4.82	5.03	3.72
Attributable to:
Minority Interests	-0.09	-0.30	-1.10	-0.54	-0.18
Equity Holders of Parent Company	5.24	3.90	3.73	4.49	3.55

Continuing EPS
Earnings per Share - Basic	7.40p	5.00p	4.99p	6.20p	4.88p
Earnings per Share - Diluted	7.40p	5.00p	4.96p	6.18p	4.88p
Earnings per Share - Adjusted	7.40p	5.00p	4.99p	11.40p	5.00p
Continuing and Discontinued EPS
Earnings per Share - Basic	12.10p	5.20p	5.24p	6.20p	4.88p
Earnings per Share - Diluted	12.10p	5.20p	5.21p	6.18p	4.88p
Earnings per Share - Adjusted	12.10p	5.20p	5.24p	11.40p	5.00p

Dividend per Share	4.50p	10.00p	7.00p	20.00p	17.00p

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	0.55	1.13	0.93	0.87	1.11
Intangible Assets	0.00	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	0.27	3.94	4.57	0.74	0.83
	0.82	5.07	5.50	1.61	1.94
Current Assets
Inventories	0.00	0.00	0.00	0.00	0.00
Trade & Other Receivables	15.53	21.80	27.14	36.36	41.49
Cash at Bank & in Hand	22.27	14.01	28.47	19.99	6.34
Current Asset Investments	9.79	10.26	10.96	8.15	11.39
Other Current Assets	1.00	0.00	0.00	0.00	0.00
	48.59	46.07	66.57	64.50	59.22

Total Assets	49.41	51.14	72.07	66.11	61.16

Liabilities
Current Liabilities
Borrowings	-2.85	-2.54	-3.48	0.00	0.00
Other Current Liabilities	-24.34	-23.52	-41.34	-37.31	-25.94
	-27.18	-26.06	-44.82	-37.31	-25.94

Net Current Assets	21.41	20.02	21.75	27.20	33.29

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-27.18	-26.06	-44.82	-37.31	-25.94

Net Assets	22.23	25.09	27.26	28.81	35.23

Capital & Reserves
Share Capital	0.64	0.73	0.73	0.73	0.73
Share Premium Account	0.00	0.00	0.00	22.70	22.70
Other Reserves	-2.95	-2.19	-2.15	-2.09	-0.24
Retained Earnings	24.54	25.14	27.13	6.63	11.61
Shareholders Funds	22.23	23.68	25.72	27.97	34.80

Minority Interests/Other Equity	0.00	1.41	1.54	0.84	0.43
Total Equity	22.23	25.09	27.26	28.81	35.23

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	9.66	13.50	21.74	10.37	20.20
PEG - Adjusted	0.20	67.50	-0.39	0.08	-0.27
Earnings per Share Growth - Adjusted	48.00%	0.20%	-56.23%	128.00%	-75.61%
Dividend Cover	1.64	0.50	0.71	0.57	0.29
Revenue Per Share	62.24p	52.43p	82.25p	63.78p	38.94p
Pre-Tax Profit per Share	10.10p	7.18p	9.28p	10.35p	7.06p
Operating Margin	16.25%	13.71%	11.01%	15.14%	14.00%
Return on Capital Employed	27.96%	18.55%	21.49%	26.93%	14.86%

Continuing & Discontinued Operations
Dividend Yield	6.29%	14.81%	6.45%	16.91%	16.83%
Dividend per Share Growth	-55.00%	42.86%	-65.00%	17.65%	70.00%
Net Asset Value per Share (exc. Intangibles)	36.35p	34.52p	37.64p	41.88p	64.38p
Net Gearing	-87.38%	-48.44%	-97.17%	-71.49%	-18.21%

Data is provided by Morningstar

CENKOS SEC - Fundamentals