AIE ANITE PLC ORD 11.25P

ANITE Currency GBX Premium Equity Commercial Companies

Income Statement (£ m)	30-Apr-12	30-Apr-11	30-Apr-10	30-Apr-09	30-Apr-08
Continuing Operations
Revenue	122.55	93.69	78.77	90.10	92.81
Operating Profit/(Loss)	22.50	13.96	-1.84	9.36	10.22
Net Interest	0.08	0.20	0.33	2.02	3.42
Profit Before Tax	22.19	12.22	-3.99	6.41	9.47
Profit After Tax	16.21	8.95	-4.43	4.96	6.73
Discontinued Operations
Profit After Tax	2.25	0.48	1.00	0.07	4.51
PROFIT FOR THE PERIOD	18.47	9.44	-3.43	5.03	11.23
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	18.47	9.44	-3.43	5.03	11.23

Continuing EPS
Earnings per Share - Basic	5.70p	3.10p	-1.50p	1.50p	1.90p
Earnings per Share - Diluted	5.30p	2.90p	-1.50p	1.50p	1.90p
Earnings per Share - Adjusted	7.20p	4.00p	2.40p	4.40p	3.30p
Continuing and Discontinued EPS
Earnings per Share - Basic	6.50p	3.30p	-1.20p	11.30p	3.80p
Earnings per Share - Diluted	6.00p	3.10p	-1.20p	10.80p	3.70p
Earnings per Share - Adjusted	8.00p	4.20p	2.70p	4.42p	4.61p

Dividend per Share	1.11p	0.97p	0.95p	0.90p	1.08p

Balance Sheet (£ m)	30-Apr-12	30-Apr-11	30-Apr-10	30-Apr-09	30-Apr-08
Assets
Non-Current Assets
Property, Plant & Equipment	10.97	9.23	10.04	10.89	11.65
Intangible Assets	70.17	77.94	76.49	90.97	109.41
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	4.49	2.49	2.41	1.73	0.10
	85.63	89.66	88.94	103.59	121.17
Current Assets
Inventories	10.20	4.72	4.45	2.29	3.89
Trade & Other Receivables	33.01	32.16	24.79	24.68	53.28
Cash at Bank & in Hand	16.95	37.67	44.80	47.18	29.37
Current Asset Investments	0.09	0.49	0.86	0.08	0.01
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	60.25	75.04	74.90	74.22	86.56

Total Assets	145.88	164.70	163.83	177.81	207.73

Liabilities
Current Liabilities
Borrowings	0.00	-10.00	-4.99	-4.98	-4.98
Other Current Liabilities	-50.31	-65.98	-37.86	-37.32	-77.12
	-50.31	-75.98	-42.85	-42.30	-82.10

Net Current Assets	9.94	-0.94	32.05	31.92	4.46

Non-Current Liabilities
Borrowings	0.00	0.00	-9.98	-14.94	-39.84
Provisions	-3.47	-7.02	-9.49	-12.18	-11.29
Other Non-Current Liabilities	0.00	0.00	-23.57	-24.49	-11.95
	-3.47	-7.02	-43.04	-51.60	-63.09

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-53.77	-83.00	-85.88	-93.90	-145.18

Net Assets	92.10	81.70	77.95	83.91	62.54

Capital & Reserves
Share Capital	33.70	33.68	33.65	33.64	33.85
Share Premium Account	25.63	25.56	25.50	25.49	25.41
Other Reserves	-18.01	-10.60	-7.18	-5.28	2.95
Retained Earnings	50.78	33.06	25.98	30.06	0.33
Shareholders Funds	92.10	81.70	77.95	83.91	62.54

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	92.10	81.70	77.95	83.91	62.54

Ratios - based on IFRS	30-Apr-12	30-Apr-11	30-Apr-10	30-Apr-09	30-Apr-08
Continuing Operations
PE Ratio - Adjusted	17.22	16.06	14.17	6.53	11.74
PEG - Adjusted	0.22	0.24	-0.31	0.20	-0.29
Earnings per Share Growth - Adjusted	80.00%	66.67%	-45.45%	33.33%	-40.00%
Dividend Cover	6.49	4.15	2.53	4.89	3.07
Revenue Per Share	43.21p	32.33p	26.96p	28.01p	26.94p
Pre-Tax Profit per Share	7.82p	4.22p	-1.37p	1.99p	2.75p
Operating Margin	17.89%	12.74%	-4.94%	8.03%	13.11%
Return on Capital Employed	87.69%	59.81%	-14.15%	33.70%	139.38%

Continuing & Discontinued Operations
Dividend Yield	0.90%	1.50%	2.79%	3.13%	2.77%
Dividend per Share Growth	15.03%	1.58%	5.56%	-16.28%	115.00%
Net Asset Value per Share (exc. Intangibles)	7.33p	1.26p	0.49p	-2.36p	-13.87p
Net Gearing	-18.40%	-33.87%	-38.28%	-32.49%	24.70%

Data is provided by Morningstar

ANITE - Fundamentals