PRES PRESSURE TECHNOLOGIES PLC ORD 5P

PRESSURE TECH Currency GBX

Income Statement (£ m)	29-Sep-12	01-Oct-11	02-Oct-10	03-Oct-09	27-Sep-08
Continuing Operations
Revenue	30.44	23.13	21.71	26.19	23.66
Operating Profit/(Loss)	1.76	0.65	3.49	4.97	4.93
Net Interest	0.01	0.02	0.02	0.01	0.04
Profit Before Tax	1.78	0.58	3.51	5.05	5.05
Profit After Tax	1.27	0.40	2.53	3.64	3.58
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	1.27	0.40	2.53	3.64	3.58
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	1.27	0.40	2.53	3.64	3.58

Continuing EPS
Earnings per Share - Basic	11.20p	3.50p	22.30p	32.10p	31.60p
Earnings per Share - Diluted	11.20p	3.50p	22.20p	32.00p	31.50p
Earnings per Share - Adjusted	12.50p	6.20p	22.30p	32.10p	31.60p
Continuing and Discontinued EPS
Earnings per Share - Basic	11.20p	3.50p	22.30p	32.10p	31.60p
Earnings per Share - Diluted	11.20p	3.50p	22.20p	32.00p	31.50p
Earnings per Share - Adjusted	12.50p	6.20p	22.30p	32.10p	31.60p

Dividend per Share	7.30p	7.20p	6.80p	6.20p	2.00p

Balance Sheet (£ m)	29-Sep-12	01-Oct-11	02-Oct-10	03-Oct-09	27-Sep-08
Assets
Non-Current Assets
Property, Plant & Equipment	4.65	4.65	3.75	2.20	2.04
Intangible Assets	3.44	3.93	0.82	0.38	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	0.26	0.57	0.55	0.09	0.08
	8.36	9.14	5.11	2.67	2.12
Current Assets
Inventories	6.92	5.01	3.55	4.72	6.53
Trade & Other Receivables	7.26	6.47	6.60	4.34	3.13
Cash at Bank & in Hand	2.69	2.94	6.61	8.05	6.09
Current Asset Investments	0.00	0.00	0.00	0.00	0.11
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	16.87	14.42	16.76	17.11	15.85

Total Assets	25.23	23.57	21.87	19.78	17.97

Liabilities
Current Liabilities
Borrowings	-0.01	-0.03	-0.13	-0.08	-0.08
Other Current Liabilities	-7.93	-6.45	-4.48	-4.58	-5.58
	-7.93	-6.48	-4.61	-4.66	-5.66

Net Current Assets	8.94	7.94	12.15	12.45	10.20

Non-Current Liabilities
Borrowings	0.00	-0.01	-0.01	-0.08	-0.16
Provisions	-0.59	-0.79	-0.68	-0.28	-0.29
Other Non-Current Liabilities	-0.66	-0.74	-0.67	-0.64	-0.70
	-1.24	-1.55	-1.36	-1.00	-1.15

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-9.18	-8.03	-5.96	-5.66	-6.81

Net Assets	16.06	15.54	15.91	14.11	11.17

Capital & Reserves
Share Capital	0.57	0.57	0.57	0.57	0.57
Share Premium Account	5.38	5.37	5.34	5.34	5.34
Other Reserves	0.01	-0.00	0.00	0.00	0.00
Retained Earnings	10.10	9.61	10.00	8.21	5.26
Shareholders Funds	16.06	15.54	15.91	14.11	11.17

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	16.06	15.54	15.91	14.11	11.17

Ratios - based on IFRS	29-Sep-12	01-Oct-11	02-Oct-10	03-Oct-09	27-Sep-08
Continuing Operations
PE Ratio - Adjusted	13.20	23.06	8.36	7.09	9.10
PEG - Adjusted	0.13	-0.32	-0.27	4.49	0.05
Earnings per Share Growth - Adjusted	101.61%	-72.20%	-30.53%	1.58%	189.91%
Dividend Cover	1.71	0.86	3.28	5.18	15.80
Revenue Per Share	268.21p	203.91p	191.58p	231.04p	208.75p
Pre-Tax Profit per Share	15.67p	5.10p	30.93p	44.58p	44.52p
Operating Margin	5.86%	2.56%	16.05%	18.99%	20.85%
Return on Capital Employed	13.53%	4.83%	22.16%	35.75%	43.48%

Continuing & Discontinued Operations
Dividend Yield	4.42%	5.03%	3.65%	2.73%	0.70%
Dividend per Share Growth	1.39%	5.88%	9.68%	210.00%	n/a
Net Asset Value per Share (exc. Intangibles)	111.07p	102.31p	133.16p	121.18p	98.53p
Net Gearing	-16.74%	-18.64%	-40.71%	-55.87%	-52.40%

Data is provided by Morningstar

PRESSURE TECH - Fundamentals