MTEC MATCHTECH GROUP PLC ORD 1P

MATCHTECH Currency GBX

Income Statement (£ m)	31-Jul-12	31-Jul-11	31-Jul-10	31-Jul-09	31-Jul-08
Continuing Operations
Revenue	371.37	301.81	264.43	269.58	258.83
Operating Profit/(Loss)	8.67	6.82	8.82	11.65	13.79
Net Interest	0.71	0.46	0.25	0.38	1.07
Profit Before Tax	7.97	6.39	8.58	11.28	12.80
Profit After Tax	5.70	4.73	6.14	7.99	9.09
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	5.70	4.73	6.14	7.99	9.09
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	5.70	4.73	6.14	7.99	9.09

Continuing EPS
Earnings per Share - Basic	24.34p	20.26p	26.35p	34.37p	39.34p
Earnings per Share - Diluted	23.49p	19.74p	25.96p	34.35p	38.25p
Earnings per Share - Adjusted	24.34p	20.26p	26.35p	34.37p	39.34p
Continuing and Discontinued EPS
Earnings per Share - Basic	24.34p	20.26p	26.35p	34.37p	39.34p
Earnings per Share - Diluted	23.49p	19.74p	25.96p	34.35p	38.25p
Earnings per Share - Adjusted	24.34p	20.26p	26.35p	34.37p	39.34p

Dividend per Share	15.60p	15.60p	15.60p	15.60p	14.30p

Balance Sheet (£ m)	31-Jul-12	31-Jul-11	31-Jul-10	31-Jul-09	31-Jul-08
Assets
Non-Current Assets
Property, Plant & Equipment	1.83	1.53	1.63	1.55	1.81
Intangible Assets	0.50	0.11	0.11	0.15	0.17
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	0.22	0.19	0.12	0.10	0.29
	2.55	1.82	1.86	1.80	2.27
Current Assets
Inventories	0.00	0.00	0.00	0.00	0.00
Trade & Other Receivables	62.75	56.45	41.04	32.90	38.57
Cash at Bank & in Hand	0.63	0.48	0.27	0.31	0.30
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
	63.38	56.93	41.31	33.21	38.86

Total Assets	65.93	58.75	43.17	35.01	41.13

Liabilities
Current Liabilities
Borrowings	-15.10	-16.43	-4.78	-1.47	-3.35
Other Current Liabilities	-22.90	-17.27	-14.71	-12.30	-20.72
	-38.00	-33.70	-19.50	-13.77	-24.07

Net Current Assets	25.38	23.23	21.82	19.44	14.80

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-0.28	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-0.28	0.00	0.00	0.00	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-38.28	-33.70	-19.50	-13.77	-24.07

Net Assets	27.65	25.05	23.67	21.24	17.07

Capital & Reserves
Share Capital	0.23	0.23	0.23	0.23	0.23
Share Premium Account	3.13	3.13	3.10	3.05	3.05
Other Reserves	1.17	0.99	0.71	0.77	1.02
Retained Earnings	23.11	20.70	19.63	17.18	12.77
Shareholders Funds	27.65	25.05	23.67	21.24	17.07

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	27.65	25.05	23.67	21.24	17.07

Ratios - based on IFRS	31-Jul-12	31-Jul-11	31-Jul-10	31-Jul-09	31-Jul-08
Continuing Operations
PE Ratio - Adjusted	8.61	11.01	8.10	3.71	6.77
PEG - Adjusted	0.43	-0.48	-0.35	-0.29	0.32
Earnings per Share Growth - Adjusted	20.14%	-23.11%	-23.33%	-12.63%	21.34%
Dividend Cover	1.56	1.30	1.69	2.20	2.75
Revenue Per Share	1586.49p	1291.42p	1135.09p	1159.79p	1119.94p
Pre-Tax Profit per Share	34.03p	27.33p	36.81p	48.52p	55.37p
Operating Margin	2.34%	2.26%	3.33%	4.32%	5.33%
Return on Capital Employed	20.40%	16.55%	31.13%	51.67%	68.52%

Continuing & Discontinued Operations
Dividend Yield	7.45%	7.00%	7.31%	12.24%	5.37%
Dividend per Share Growth	0.00%	0.00%	0.00%	9.09%	-40.66%
Net Asset Value per Share (exc. Intangibles)	115.80p	106.71p	100.93p	90.59p	72.73p
Net Gearing	52.35%	63.68%	19.06%	5.48%	17.88%

Data is provided by Morningstar

MATCHTECH - Fundamentals