IGAS IGAS ENERGY PLC ORD 10P

IGAS ENERGY Currency GBX

Income Statement (£ m)	31-Mar-12	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Continuing Operations
Revenue	22.12	0.66	0.83	0.99	0.81
Operating Profit/(Loss)	-16.18	-1.71	-0.52	-0.46	-2.02
Net Interest	3.17	0.00	0.00	0.00	0.00
Profit Before Tax	-17.90	-1.54	-0.50	-0.39	-2.01
Profit After Tax	-12.12	-1.54	-0.50	-0.39	-2.02
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-12.12	-1.54	-0.50	-0.39	-2.02
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-12.12	-1.54	-0.50	-0.39	-2.02

Continuing EPS
Earnings per Share - Basic	-8.14p	-1.69p	-0.76p	-0.64p	-3.60p
Earnings per Share - Diluted	-8.14p	-1.69p	-0.76p	-0.64p	-3.60p
Earnings per Share - Adjusted	5.60p	-1.69p	-0.76p	-0.64p	-3.60p
Continuing and Discontinued EPS
Earnings per Share - Basic	-8.14p	-1.69p	-0.76p	-0.64p	-3.60p
Earnings per Share - Diluted	-8.14p	-1.69p	-0.76p	-0.64p	-3.60p
Earnings per Share - Adjusted	5.60p	-1.69p	-0.76p	-0.64p	-3.60p

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

Balance Sheet (£ m)	31-Mar-12	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Assets
Non-Current Assets
Property, Plant & Equipment	106.24	0.21	0.00	0.00	0.00
Intangible Assets	72.84	4.64	1.33	0.48	0.11
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	0.00	0.00	0.00	0.00	0.00
	179.08	4.85	1.33	0.48	0.11
Current Assets
Inventories	0.72	0.00	0.00	0.00	0.00
Trade & Other Receivables	12.11	0.59	0.26	0.67	0.28
Cash at Bank & in Hand	7.92	12.09	17.50	2.28	1.41
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
	20.74	12.68	17.76	2.94	1.70

Total Assets	199.82	17.53	19.09	3.42	1.81

Liabilities
Current Liabilities
Borrowings	-16.53	0.00	0.00	0.00	0.00
Other Current Liabilities	-25.56	-0.80	-0.93	-0.84	-0.75
	-42.09	-0.80	-0.93	-0.84	-0.75

Net Current Assets	-21.34	11.88	16.83	2.10	0.95

Non-Current Liabilities
Borrowings	-58.48	0.00	0.00	0.00	0.00
Provisions	-36.32	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	-7.98	0.00	0.00	0.00	-0.08
	-102.78	0.00	0.00	0.00	-0.08

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-144.87	-0.80	-0.93	-0.84	-0.83

Net Assets	54.96	16.73	18.16	2.58	0.98

Capital & Reserves
Share Capital	54.21	19.67	18.62	4.28	2.66
Share Premium Account	18.04	2.50	2.20	0.42	0.04
Other Reserves	-1.14	-1.24	0.13	0.17	0.17
Retained Earnings	-16.15	-4.20	-2.79	-2.29	-1.90
Shareholders Funds	54.96	16.73	18.16	2.58	0.98

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	54.96	16.73	18.16	2.58	0.98

Ratios - based on IFRS	31-Mar-12	31-Dec-10	31-Dec-09	31-Dec-08	31-Dec-07
Continuing Operations
PE Ratio - Adjusted	8.30	-38.91	-83.55	-58.59	-20.14
PEG - Adjusted	-0.02	-0.32	-4.46	0.71	n/a
Earnings per Share Growth - Adjusted	-431.36%	122.37%	18.75%	-82.22%	n/a
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	14.85p	0.72p	1.25p	1.63p	1.46p
Pre-Tax Profit per Share	-12.02p	-1.69p	-0.76p	-0.64p	-3.61p
Operating Margin	-68.28%	-261.13%	-62.20%	-46.17%	-249.57%
Return on Capital Employed	-15.76%	-12.77%	-3.00%	-18.37%	-231.60%

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)	-11.02p	12.98p	18.49p	3.37p	1.47p
Net Gearing	122.07%	-72.26%	-96.36%	-88.40%	-144.88%

Data is provided by Morningstar

IGAS ENERGY - Fundamentals