CHW CHIME COMMUNICATIONS PLC ORD 25P

CHIME COMMS. Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	344.23	285.65	299.80	300.91	277.39
Operating Profit/(Loss)	4.89	18.67	22.12	19.56	18.11
Net Interest	0.60	0.45	0.43	0.52	1.39
Profit Before Tax	2.54	17.84	21.24	18.55	16.34
Profit After Tax	-2.66	10.92	14.74	12.70	11.18
Discontinued Operations
Profit After Tax	-0.18	3.27	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-2.83	14.19	14.74	12.70	11.18
Attributable to:
Minority Interests	-1.41	-1.68	-1.58	-0.22	-0.39
Equity Holders of Parent Company	-4.24	12.51	13.16	12.48	10.78

Continuing EPS
Earnings per Share - Basic	-4.47p	13.24p	18.83p	22.06p	19.87p
Earnings per Share - Diluted	-4.39p	12.98p	18.43p	21.13p	19.59p
Earnings per Share - Adjusted	21.58p	13.03p	24.90p	22.46p	20.19p
Continuing and Discontinued EPS
Earnings per Share - Basic	-1.59p	16.24p	18.83p	22.06p	19.87p
Earnings per Share - Diluted	-1.56p	15.93p	18.43p	21.13p	19.59p
Earnings per Share - Adjusted	22.29p	26.73p	24.90p	22.46p	20.19p

Dividend per Share	6.60p	6.29p	5.34p	4.78p	3.94p

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	6.87	7.33	4.16	4.04	4.59
Intangible Assets	181.34	171.69	153.79	150.20	113.89
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	6.37	1.73	0.36	0.65	1.21
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	2.39	1.54	1.14	1.95	1.49
	196.97	182.29	159.45	156.83	121.18
Current Assets
Inventories	2.78	4.16	4.09	2.43	2.02
Trade & Other Receivables	60.47	68.43	66.20	47.79	47.71
Cash at Bank & in Hand	17.89	11.32	10.28	5.30	6.80
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
	81.14	83.91	80.57	55.51	56.53

Total Assets	278.12	266.19	240.02	212.34	177.71

Liabilities
Current Liabilities
Borrowings	-0.31	-0.13	-0.01	-0.07	-0.46
Other Current Liabilities	-93.50	-85.99	-90.60	-86.60	-72.21
	-93.80	-86.12	-90.61	-86.66	-72.68

Net Current Assets	-12.66	-2.22	-10.04	-31.15	-16.15

Non-Current Liabilities
Borrowings	-13.41	-7.85	-3.33	-0.35	-0.02
Provisions	-1.46	-0.28	-10.75	-8.49	-16.52
Other Non-Current Liabilities	-12.85	-12.58	0.00	0.00	0.00
	-27.72	-20.71	-14.08	-8.84	-16.54

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-121.52	-106.83	-104.69	-95.50	-89.22

Net Assets	156.60	159.36	135.34	116.84	88.49

Capital & Reserves
Share Capital	20.52	20.24	18.38	16.83	14.26
Share Premium Account	81.94	79.99	63.37	52.69	37.12
Other Reserves	30.01	28.86	29.52	28.27	29.45
Retained Earnings	22.77	29.30	24.88	20.50	8.73
Shareholders Funds	155.24	158.39	136.15	118.30	89.56

Minority Interests/Other Equity	1.35	0.97	-0.82	-1.46	-1.07
Total Equity	156.60	159.36	135.34	116.84	88.49

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	10.69	13.12	9.04	9.67	2.55
PEG - Adjusted	0.16	-0.28	0.83	0.86	0.01
Earnings per Share Growth - Adjusted	65.62%	-47.67%	10.86%	11.24%	488.63%
Dividend Cover	3.27	2.07	4.66	4.70	5.12
Revenue Per Share	429.20p	370.89p	429.05p	531.89p	511.05p
Pre-Tax Profit per Share	3.17p	23.16p	30.40p	32.79p	30.10p
Operating Margin	0.74%	6.24%	7.15%	6.44%	6.16%
Return on Capital Employed	-32.83%	-448.87%	-496.38%	-78.00%	-211.20%

Continuing & Discontinued Operations
Dividend Yield	2.86%	3.68%	2.37%	2.20%	7.65%
Dividend per Share Growth	4.93%	17.79%	11.72%	21.32%	535.48%
Net Asset Value per Share (exc. Intangibles)	-31.79p	-16.43p	-23.99p	-47.38p	-42.64p
Net Gearing	-2.69%	-2.11%	-5.10%	-4.13%	-7.06%

Data is provided by Morningstar

CHIME COMMS. - Fundamentals