MCRB MCB FINANCE GROUP PLC ORD 10P

MCB FIN GRP. Currency GBX

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	22.12	15.19	10.10	13.91	12.50
Operating Profit/(Loss)	4.99	3.99	1.08	0.62	0.20
Net Interest	3.08	1.00	0.62	1.18	0.96
Profit Before Tax	1.20	2.99	0.46	-0.55	0.20
Profit After Tax	0.53	2.40	0.16	-0.92	0.12
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	0.53	2.40	0.16	-0.92	0.12
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	0.53	2.40	0.16	-0.92	0.12

Continuing EPS
Earnings per Share - Basic	2.98p	13.97p	0.94p	-5.31p	0.72p
Earnings per Share - Diluted	2.98p	13.97p	0.94p	-5.31p	0.71p
Earnings per Share - Adjusted	2.98p	13.97p	0.94p	-5.31p	0.72p
Continuing and Discontinued EPS
Earnings per Share - Basic	2.98p	13.97p	0.94p	-5.31p	0.72p
Earnings per Share - Diluted	2.98p	13.97p	0.94p	-5.31p	0.71p
Earnings per Share - Adjusted	2.98p	13.97p	0.94p	-5.31p	0.72p

Dividend per Share	3.50p	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	0.08	0.04	0.03	0.05	0.08
Intangible Assets	1.96	0.73	0.70	0.67	0.74
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	2.92	1.49	0.41	0.01	0.12
	4.96	2.26	1.13	0.74	0.94
Current Assets
Inventories	0.00	0.00	0.00	0.00	0.00
Trade & Other Receivables	24.63	17.66	10.18	11.51	20.01
Cash at Bank & in Hand	4.59	1.81	1.67	1.97	1.11
Current Asset Investments	0.75	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.01
	29.96	19.47	11.85	13.48	21.13

Total Assets	34.92	21.73	12.98	14.21	22.08

Liabilities
Current Liabilities
Borrowings	0.00	-11.44	-4.46	-5.74	0.00
Other Current Liabilities	-2.48	-1.44	-1.92	-1.85	-2.39
	-2.48	-12.89	-6.38	-7.58	-2.39

Net Current Assets	27.48	6.59	5.47	5.89	18.75

Non-Current Liabilities
Borrowings	-23.45	0.00	0.00	0.00	-11.53
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
	-23.45	0.00	0.00	0.00	-11.53

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-25.93	-12.89	-6.38	-7.58	-13.92

Net Assets	8.99	8.84	6.60	6.63	8.16

Capital & Reserves
Share Capital	2.08	2.04	2.18	2.26	2.43
Share Premium Account	4.06	3.84	7.25	7.51	8.09
Other Reserves	0.53	0.54	0.48	0.46	0.51
Retained Earnings	2.33	2.42	-3.30	-3.59	-2.87
Shareholders Funds	8.99	8.84	6.60	6.63	8.16

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	8.99	8.84	6.60	6.63	8.16

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	24.83	4.08	24.47	-8.47	187.50
PEG - Adjusted	-0.32	0.00	-0.21	0.01	-1.80
Earnings per Share Growth - Adjusted	-78.69%	1381.02%	-117.76%	-839.42%	-104.45%
Dividend Cover	0.85	n/a	n/a	n/a	n/a
Revenue Per Share	127.45p	88.35p	58.04p	79.97p	73.53p
Pre-Tax Profit per Share	6.89p	17.37p	2.63p	-3.16p	1.18p
Operating Margin	19.30%	26.26%	10.69%	4.49%	9.15%
Return on Capital Employed	14.01%	20.40%	10.44%	5.36%	6.10%

Continuing & Discontinued Operations
Dividend Yield	4.73%	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)	39.82p	48.61p	33.94p	34.24p	42.64p
Net Gearing	209.81%	108.90%	42.19%	56.86%	127.73%

Data is provided by Morningstar

MCB FIN GRP. - Fundamentals