GBO GLOBO PLC ORD 1P

GLOBO Currency GBX

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	37.31	23.00	26.48	20.86	17.16
Operating Profit/(Loss)	14.42	10.45	5.02	3.88	3.72
Net Interest	0.25	0.48	1.10	1.10	1.03
Profit Before Tax	13.96	10.04	3.97	2.84	2.74
Profit After Tax	13.42	9.02	3.76	2.51	2.28
Discontinued Operations
Profit After Tax	0.31	-1.60	0.00	0.00	0.00
PROFIT FOR THE PERIOD	13.73	7.42	3.76	2.51	2.28
Attributable to:
Minority Interests	0.00	-0.07	-0.03	-0.01	0.00
Equity Holders of Parent Company	13.73	7.35	3.73	2.50	2.28

Continuing EPS
Earnings per Share - Basic	4.22p	3.26p	2.40p	1.78p	1.72p
Earnings per Share - Diluted	4.22p	3.26p	2.40p	1.78p	1.72p
Earnings per Share - Adjusted	4.22p	3.26p	2.40p	1.78p	1.72p
Continuing and Discontinued EPS
Earnings per Share - Basic	4.54p	2.67p	2.40p	1.78p	1.72p
Earnings per Share - Diluted	4.54p	2.67p	2.40p	1.78p	1.72p
Earnings per Share - Adjusted	4.54p	2.67p	2.40p	1.78p	1.72p

Dividend per Share	0.00p	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	1.08	3.54	2.98	3.28	3.58
Intangible Assets	17.73	17.15	13.05	12.14	8.69
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	8.49	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	7.89	0.06	0.36	0.40	0.71
	35.18	20.75	16.38	15.81	12.98
Current Assets
Inventories	3.68	4.09	4.71	2.42	1.67
Trade & Other Receivables	27.30	36.33	27.74	24.01	18.99
Cash at Bank & in Hand	15.55	7.80	2.48	2.76	3.11
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
	46.53	48.22	34.93	29.20	23.76

Total Assets	81.72	68.97	51.31	45.01	36.75

Liabilities
Current Liabilities
Borrowings	-0.72	-4.56	-8.56	-9.16	-9.36
Other Current Liabilities	-6.52	-11.94	-15.28	-15.92	-9.00
	-7.24	-16.50	-23.84	-25.08	-18.36

Net Current Assets	39.29	31.72	11.09	4.11	5.41

Non-Current Liabilities
Borrowings	-3.54	-3.95	-4.51	-3.80	-4.85
Provisions	-1.45	-1.99	-0.06	-0.08	-0.05
Other Non-Current Liabilities	-0.09	-0.24	-0.38	-0.25	-0.24
	-5.07	-6.18	-4.95	-4.13	-5.14

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-12.32	-22.67	-28.79	-29.21	-23.49

Net Assets	69.40	46.29	22.52	15.80	13.25

Capital & Reserves
Share Capital	3.43	3.10	1.97	1.70	1.70
Share Premium Account	31.69	22.75	7.28	4.30	3.71
Other Reserves	4.54	5.19	5.12	5.33	5.73
Retained Earnings	29.75	15.26	8.11	4.46	2.11
Shareholders Funds	69.40	46.29	22.48	15.79	13.25

Minority Interests/Other Equity	0.00	0.00	0.04	0.01	0.00
Total Equity	69.40	46.29	22.52	15.80	13.25

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	4.92	6.10	4.38	4.92	4.07
PEG - Adjusted	0.17	0.17	0.12	1.60	0.13
Earnings per Share Growth - Adjusted	29.44%	35.81%	35.08%	3.08%	30.53%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	11.67p	8.33p	17.26p	15.50p	13.14p
Pre-Tax Profit per Share	4.37p	3.64p	2.59p	2.11p	2.10p
Operating Margin	38.64%	45.45%	18.97%	18.61%	21.67%
Return on Capital Employed	24.74%	26.39%	22.24%	23.38%	19.85%

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)	15.32p	9.87p	5.39p	2.56p	3.49p
Net Gearing	-16.27%	1.54%	47.10%	64.53%	83.86%

Data is provided by Morningstar

GLOBO - Fundamentals