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BOY  BODYCOTE PLC  ORD 17 3/11P

BODYCOTE  Currency GBX  Premium Equity Commercial Companies
Company



Income Statement  (£ m) 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations
Revenue  587.80 570.70 499.80 435.40 541.40
Operating Profit/(Loss)  93.40 80.40 51.20 -50.20 -54.70
Net Interest  0.50 1.20 2.00 3.30 6.10
Profit Before Tax  89.80 75.80 45.20 -54.50 -55.30
Profit After Tax  67.00 56.00 33.50 -51.10 -38.10
Discontinued Operations
Profit After Tax  0.00 0.00 -5.80 0.00 11.40
PROFIT FOR THE PERIOD  67.00 56.00 27.70 -51.10 -26.70
Attributable to:
Minority Interests  -0.10 -0.20 -0.10 1.00 -0.90
Equity Holders of Parent Company  66.90 55.80 27.60 -50.10 -27.60
 
Continuing EPS
Earnings per Share - Basic  35.80p 30.00p 18.00p -27.00p -12.50p
Earnings per Share - Diluted  35.80p 29.40p 18.00p -27.00p -12.50p
Earnings per Share - Adjusted  37.40p 32.70p 18.30p 0.40p 17.50p
Continuing and Discontinued EPS
Earnings per Share - Basic  35.80p 30.00p 14.90p -27.00p 48.20p
Earnings per Share - Diluted  35.80p 29.40p 14.90p -27.00p 48.20p
Earnings per Share - Adjusted  37.40p 32.70p 15.20p 0.40p 21.17p
 
Dividend per Share  11.30p 9.35p 11.25p 8.30p 8.00p

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  411.20 415.20 434.00 433.50 493.40
Intangible Assets  166.80 111.50 118.10 118.80 154.40
Investment Properties  0.00 0.00 0.00 0.00 0.00
Investments  1.60 0.80 0.50 0.50 8.20
Other Financial Assets  0.00 0.00 0.00 0.10 0.00
Other Non-Current Assets  72.40 82.90 74.90 88.70 96.10
  652.00 610.40 627.50 641.60 752.10
Current Assets
Inventories  18.40 16.70 14.40 11.60 14.00
Trade & Other Receivables  110.10 108.20 99.60 91.50 128.80
Cash at Bank & in Hand  10.00 18.10 23.50 19.60 258.40
Current Asset Investments  0.00 0.00 0.00 0.60 1.80
Other Current Assets  2.10 5.30 6.20 6.20 3.60
  140.60 148.30 143.70 129.50 406.60
 
Total Assets  792.60 758.70 771.20 771.10 1158.70
 
Liabilities
Current Liabilities
Borrowings  -43.60 -11.00 -9.30 -6.70 -17.50
Other Current Liabilities  -155.60 -149.00 -144.00 -135.40 -215.40
  -199.20 -160.00 -153.30 -142.10 -232.90
 
Net Current Assets  -58.60 -11.70 -9.60 -12.60 173.70
 
Non-Current Liabilities
Borrowings  -0.60 -7.00 -65.50 -98.40 -305.60
Provisions  -65.80 -90.90 -85.90 -85.10 -93.80
Other Non-Current Liabilities  -22.60 -18.20 -15.70 -22.90 -29.50
  -89.00 -116.10 -167.10 -206.40 -428.90
 
Other Liabilities  n/a n/a n/a n/a n/a
Total Liabilities  -288.20 -276.10 -320.40 -348.50 -661.80
 
Net Assets  504.40 482.60 450.80 422.60 496.90
 
Capital & Reserves
Share Capital  33.10 33.00 32.80 32.50 32.40
Share Premium Account  177.10 176.90 176.30 176.00 175.70
Other Reserves  140.80 161.10 166.10 153.10 157.50
Retained Earnings  152.00 110.30 73.90 58.70 126.40
Shareholders Funds  503.00 481.30 449.10 420.30 492.00
 
Minority Interests/Other Equity  1.40 1.30 1.70 2.30 4.90
Total Equity  504.40 482.60 450.80 422.60 496.90
Ratios - based on IFRS 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations
PE Ratio - Adjusted  12.11 8.04 15.33 397.75 7.03
PEG - Adjusted  0.84 0.10 0.00 -4.07 1.30
Earnings per Share Growth - Adjusted  14.37% 78.69% 4475.00% -97.71% 5.42%
Dividend Cover  3.31 3.50 1.63 0.05 2.19
Revenue Per Share  314.36p 307.09p 269.37p 234.64p 177.46p
Pre-Tax Profit per Share  48.03p 40.79p 24.36p -29.37p -17.78p
Operating Margin  15.35% 13.47% 9.38% -12.10% -9.60%
Return on Capital Employed  19.37% 15.60% 9.35% -10.06% -6.35%
 
Continuing & Discontinued Operations
Dividend Yield  2.50% 3.56% 4.01% 5.22% 6.50%
Dividend per Share Growth  20.86% -16.89% 35.54% 3.75% 14.29%
Net Asset Value per Share (exc. Intangibles)  175.63p 193.35p 174.32p 160.23p 180.02p
Net Gearing  6.80% -0.02% 11.42% 20.34% 13.15%

Data is provided by Morningstar


BODYCOTE - Fundamentals

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