SORB SORBIC INTERNATIONAL PLC ORD 6P

SORBIC INT Currency GBX

Income Statement (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
Revenue	16.78	14.74	12.05	14.45	11.66
Operating Profit/(Loss)	0.02	0.01	0.78	3.46	3.39
Net Interest	0.09	0.09	0.20	0.19	0.18
Profit Before Tax	-0.14	0.27	0.60	3.30	3.27
Profit After Tax	-0.28	0.13	0.35	2.79	2.80
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	-0.28	0.13	0.35	2.79	2.80
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	-0.28	0.13	0.35	2.79	2.80

Continuing EPS
Earnings per Share - Basic	-0.66p	0.36p	1.04p	9.87p	16.92p
Earnings per Share - Diluted	-0.66p	0.28p	0.90p	9.66p	16.91p
Earnings per Share - Adjusted	-0.66p	0.36p	1.04p	9.87p	16.92p
Continuing and Discontinued EPS
Earnings per Share - Basic	-0.66p	0.36p	1.04p	9.87p	16.92p
Earnings per Share - Diluted	-0.66p	0.28p	0.90p	9.66p	16.91p
Earnings per Share - Adjusted	-0.66p	0.36p	1.04p	9.87p	16.92p

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

Balance Sheet (£ m)	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Assets
Non-Current Assets
Property, Plant & Equipment	4.07	4.60	3.88	3.99	3.99
Intangible Assets	3.86	3.99	3.79	2.22	1.54
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	6.99	6.84	4.73	3.79	0.63
	14.91	15.43	12.40	10.00	6.16
Current Assets
Inventories	0.43	0.68	0.36	0.33	0.39
Trade & Other Receivables	7.78	7.83	7.66	1.35	4.09
Cash at Bank & in Hand	4.09	3.52	5.67	5.99	6.50
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
	12.30	12.03	13.68	7.67	10.98

Total Assets	27.21	27.45	26.09	17.67	17.14

Liabilities
Current Liabilities
Borrowings	-2.31	0.00	-1.41	-2.73	-2.10
Other Current Liabilities	-8.92	-9.29	-9.38	-1.92	-4.81
	-11.23	-9.29	-10.80	-4.65	-6.91

Net Current Assets	1.07	2.73	2.89	3.02	4.07

Non-Current Liabilities
Borrowings	0.00	-2.27	-1.41	0.00	0.00
Provisions	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	0.00	-2.27	-1.41	0.00	0.00

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-11.23	-11.56	-12.20	-4.65	-6.91

Net Assets	15.98	15.89	13.88	13.02	10.24

Capital & Reserves
Share Capital	2.70	2.31	2.00	2.00	1.39
Share Premium Account	22.09	21.84	21.08	21.08	14.27
Other Reserves	-16.01	-15.74	-16.55	-17.07	-9.63
Retained Earnings	7.20	7.48	7.35	7.00	4.21
Shareholders Funds	15.98	15.89	13.88	13.02	10.24

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	15.98	15.89	13.88	13.02	10.24

Ratios - based on IFRS	30-Sep-12	30-Sep-11	30-Sep-10	30-Sep-09	30-Sep-08
Continuing Operations
PE Ratio - Adjusted	-13.45	34.03	27.40	4.20	3.99
PEG - Adjusted	0.05	-0.52	-0.31	-0.10	n/a
Earnings per Share Growth - Adjusted	-283.33%	-65.38%	-89.46%	-41.67%	n/a
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	39.64p	40.52p	36.10p	51.08p	70.45p
Pre-Tax Profit per Share	-0.34p	0.75p	1.80p	11.68p	19.73p
Operating Margin	-0.51%	2.31%	6.46%	23.96%	29.09%
Return on Capital Employed	-0.36%	2.54%	6.23%	25.83%	31.96%

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)	26.90p	30.86p	30.22p	32.34p	37.65p
Net Gearing	-11.13%	-7.88%	-20.49%	-25.07%	-43.04%

Data is provided by Morningstar

SORBIC INT - Fundamentals