YNGA YOUNG & CO'S BREWERY PLC (AIM) A' ORD 12.5P

YOUNG & CO 'A' Currency GBX

Income Statement (£ m)	02-Apr-12	04-Apr-11	29-Mar-10	28-Mar-09	29-Mar-08
Continuing Operations
Revenue	178.96	142.60	127.54	126.09	122.12
Operating Profit/(Loss)	-2.67	16.86	20.07	10.03	21.59
Net Interest	6.14	4.02	2.68	3.79	5.82
Profit Before Tax	-7.49	13.29	18.38	4.21	11.62
Profit After Tax	-5.39	15.85	12.52	1.23	7.60
Discontinued Operations
Profit After Tax	1.02	2.11	0.00	0.55	2.66
PROFIT FOR THE PERIOD	-4.38	17.95	12.52	1.77	10.25
Attributable to:
Minority Interests	0.03	0.01	0.00	0.00	0.00
Equity Holders of Parent Company	-4.35	17.97	12.52	1.77	10.25

Continuing EPS
Earnings per Share - Basic	-11.13p	32.89p	26.00p	2.55p	16.04p
Earnings per Share - Diluted	-11.13p	32.89p	26.00p	2.55p	15.98p
Earnings per Share - Adjusted	33.41p	28.36p	28.71p	27.77p	26.28p
Continuing and Discontinued EPS
Earnings per Share - Basic	-13.45p	36.97p	26.00p	4.33p	22.59p
Earnings per Share - Diluted	-13.45p	36.97p	26.00p	4.33p	22.52p
Earnings per Share - Adjusted	35.52p	32.73p	28.71p	28.91p	31.89p

Dividend per Share	13.58p	13.12p	12.87p	12.62p	10.84p

Balance Sheet (£ m)	02-Apr-12	04-Apr-11	29-Mar-10	28-Mar-09	29-Mar-08
Assets
Non-Current Assets
Property, Plant & Equipment	502.04	320.20	262.96	256.91	251.28
Intangible Assets	20.43	20.43	0.00	0.00	0.00
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	4.46	15.87	14.54	17.20	20.35
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.76	0.00	2.57	6.71	13.84
	527.69	356.50	280.08	280.83	285.47
Current Assets
Inventories	2.34	2.14	1.71	1.70	1.51
Trade & Other Receivables	4.45	4.89	4.32	4.83	7.39
Cash at Bank & in Hand	3.91	2.33	1.58	1.52	0.35
Current Asset Investments	4.75	0.00	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	15.45	9.36	7.60	8.05	9.25

Total Assets	543.14	365.87	287.68	288.87	294.72

Liabilities
Current Liabilities
Borrowings	-0.01	-2.67	-0.00	-0.00	-0.00
Other Current Liabilities	-28.61	-27.94	-19.73	-20.50	-30.54
	-28.61	-30.61	-19.73	-20.51	-30.54

Net Current Assets	-13.16	-21.25	-12.13	-12.46	-21.30

Non-Current Liabilities
Borrowings	-121.98	-122.28	-64.21	-66.82	-50.32
Provisions	-54.39	-19.86	-16.72	-20.79	-25.36
Other Non-Current Liabilities	-20.51	-11.60	-18.41	-16.55	-12.23
	-196.88	-153.74	-99.33	-104.16	-87.91

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-225.49	-184.35	-119.07	-124.66	-118.45

Net Assets	317.64	181.52	168.61	164.21	176.27

Capital & Reserves
Share Capital	6.03	6.03	6.03	6.03	6.03
Share Premium Account	1.27	1.27	1.27	1.27	1.27
Other Reserves	151.25	-1.16	-1.28	-1.55	1.44
Retained Earnings	159.13	175.39	162.59	158.46	167.53
Shareholders Funds	317.69	181.53	168.61	164.21	176.27

Minority Interests/Other Equity	-0.04	-0.02	0.00	0.00	0.00
Total Equity	317.64	181.52	168.61	164.21	176.27

Ratios - based on IFRS	02-Apr-12	04-Apr-11	29-Mar-10	28-Mar-09	29-Mar-08
Continuing Operations
PE Ratio - Adjusted	19.60	20.07	17.76	16.16	18.93
PEG - Adjusted	1.10	-16.45	5.25	2.85	0.38
Earnings per Share Growth - Adjusted	17.81%	-1.22%	3.38%	5.67%	50.26%
Dividend Cover	2.46	2.16	2.23	2.20	2.42
Revenue Per Share	371.11p	295.70p	264.93p	262.96p	257.84p
Pre-Tax Profit per Share	-15.54p	27.57p	38.17p	8.79p	24.53p
Operating Margin	-1.06%	12.13%	15.51%	5.50%	11.76%
Return on Capital Employed	-0.28%	5.52%	7.98%	3.04%	6.61%

Continuing & Discontinued Operations
Dividend Yield	2.07%	2.30%	2.52%	2.81%	2.18%
Dividend per Share Growth	3.51%	1.94%	1.98%	16.42%	40.23%
Net Asset Value per Share (exc. Intangibles)	1022.77p	554.31p	580.15p	565.00p	606.49p
Net Gearing	37.17%	67.54%	37.15%	39.77%	28.35%

Data is provided by Morningstar

YOUNG & CO 'A' - Fundamentals