ASW ADVANCED COMPUTER SOFTWARE GRP PLC ORD 10P

ADVANCED CP GRP Currency GBX

Income Statement (£ m)	29-Feb-12	28-Feb-11	28-Feb-10	28-Feb-09	31-Dec-07
Continuing Operations
Revenue	98.20	89.19	30.19	7.33	0.00
Operating Profit/(Loss)	8.12	4.96	3.87	0.73	-1.09
Net Interest	1.67	2.19	0.11	0.01	0.00
Profit Before Tax	6.43	2.82	4.17	1.09	-0.87
Profit After Tax	5.94	3.97	3.17	0.79	-0.87
Discontinued Operations
Profit After Tax	0.34	0.20	0.00	0.00	0.00
PROFIT FOR THE PERIOD	6.28	4.17	3.17	0.79	-0.87
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	6.28	4.17	3.17	0.79	-0.87

Continuing EPS
Earnings per Share - Basic	1.80p	1.10p	1.10p	0.80p	-1.90p
Earnings per Share - Diluted	1.50p	1.00p	1.00p	0.80p	-1.90p
Earnings per Share - Adjusted	5.00p	1.10p	1.10p	0.80p	-1.90p
Continuing and Discontinued EPS
Earnings per Share - Basic	3.30p	1.20p	1.10p	0.80p	-1.90p
Earnings per Share - Diluted	2.80p	1.10p	1.00p	0.80p	-1.90p
Earnings per Share - Adjusted	5.60p	1.16p	1.10p	0.80p	-1.90p

Dividend per Share	0.00p	0.00p	0.00p	0.00p	0.00p

Balance Sheet (£ m)	29-Feb-12	28-Feb-11	28-Feb-10	28-Feb-09	31-Dec-07
Assets
Non-Current Assets
Property, Plant & Equipment	4.59	3.62	3.78	0.43	0.00
Intangible Assets	126.97	149.84	158.86	12.43	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	3.11	3.17	0.00	0.00	0.00
	134.67	156.64	162.64	12.87	0.00
Current Assets
Inventories	1.54	0.99	0.63	0.24	0.00
Trade & Other Receivables	27.96	25.17	22.21	1.87	0.02
Cash at Bank & in Hand	9.95	11.24	10.28	14.66	4.25
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
	39.44	37.40	33.12	16.76	4.27

Total Assets	174.11	194.03	195.76	29.63	4.27

Liabilities
Current Liabilities
Borrowings	-8.27	-32.14	-34.14	0.00	0.00
Other Current Liabilities	-48.23	-45.08	-43.03	-2.97	-0.74
	-56.50	-77.21	-77.18	-2.97	-0.74

Net Current Assets	-17.06	-39.82	-44.06	13.79	3.52

Non-Current Liabilities
Borrowings	-2.80	-9.48	-15.87	0.00	0.00
Provisions	-16.58	-22.75	-24.16	-1.21	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-19.38	-32.22	-40.04	-1.21	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-75.88	-109.43	-117.21	-4.19	-0.74

Net Assets	98.23	84.60	78.55	25.44	3.52

Capital & Reserves
Share Capital	35.62	35.49	35.49	19.09	4.50
Share Premium Account	33.50	33.36	33.36	5.43	0.00
Other Reserves	6.01	6.04	5.90	0.87	0.00
Retained Earnings	23.11	9.71	3.80	0.06	-0.98
Shareholders Funds	98.23	84.60	78.55	25.44	3.52

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	98.23	84.60	78.55	25.44	3.52

Ratios - based on IFRS	29-Feb-12	28-Feb-11	28-Feb-10	28-Feb-09	31-Dec-07
Continuing Operations
PE Ratio - Adjusted	10.30	33.41	35.91	26.25	-8.95
PEG - Adjusted	0.03	n/a	0.96	-0.18	n/a
Earnings per Share Growth - Adjusted	354.55%	0.00%	37.50%	-142.11%	n/a
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	29.09p	26.46p	10.17p	7.33p	0.00p
Pre-Tax Profit per Share	1.91p	0.84p	1.40p	1.09p	-1.92p
Operating Margin	8.22%	5.56%	12.82%	10.02%	n/a
Return on Capital Employed	-750.00%	-565.69%	-69.72%	7.73%	-24.59%

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)	-8.07p	-18.39p	-22.63p	6.81p	7.83p
Net Gearing	1.15%	35.91%	50.59%	-57.61%	-120.64%

Data is provided by Morningstar

ADVANCED CP GRP - Fundamentals