COST COSTAIN GROUP PLC ORD 50P

COSTAIN GRP. 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	848.40	868.50	924.50	993.40	902.60
Operating Profit/(Loss)	28.00	22.00	29.40	20.80	18.30
Net Interest	1.80	1.70	0.90	0.50	0.70
Profit Before Tax	26.10	23.90	27.90	18.10	23.10
Profit After Tax	24.20	18.70	23.10	14.60	18.20
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	24.20	18.70	23.10	14.60	18.20
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	24.20	18.70	23.10	14.60	18.20

Continuing EPS
Earnings per Share - Basic	37.10p	29.20p	36.40p	2.30p	2.90p
Earnings per Share - Diluted	35.80p	28.20p	35.40p	2.26p	2.90p
Earnings per Share - Adjusted	41.40p	31.10p	36.40p	2.30p	2.90p
Continuing and Discontinued EPS
Earnings per Share - Basic	37.10p	29.20p	36.40p	2.30p	2.90p
Earnings per Share - Diluted	35.80p	28.20p	35.40p	2.26p	2.90p
Earnings per Share - Adjusted	41.40p	31.10p	36.40p	2.30p	2.90p

Dividend per Share	10.25p	9.50p	8.50p	0.78p	0.75p

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	9.10	11.40	9.70	11.50	7.70
Intangible Assets	18.70	20.30	0.10	1.00	1.80
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	37.70	22.80	37.40	44.10	42.70
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	37.60	53.90	39.80	47.30	24.90
	103.10	108.40	87.00	103.90	77.10
Current Assets
Inventories	1.70	2.30	1.30	2.40	1.60
Trade & Other Receivables	181.50	188.00	162.00	201.90	180.30
Cash at Bank & in Hand	107.40	141.70	146.00	120.80	147.30
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
	290.60	332.00	309.30	325.10	329.20

Total Assets	393.70	440.40	396.30	429.00	406.30

Liabilities
Current Liabilities
Borrowings	-1.70	-1.60	-1.70	-0.30	-0.70
Other Current Liabilities	-301.40	-346.70	-309.70	-320.20	-311.40
	-303.10	-348.30	-311.40	-320.50	-312.10

Net Current Assets	-12.50	-16.30	-2.10	4.60	17.10

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	0.00
Provisions	-1.90	-2.30	-2.50	-3.10	-8.00
Other Non-Current Liabilities	-56.90	-59.00	-44.80	-109.20	-52.60
	-58.80	-61.30	-47.30	-112.30	-60.60

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-361.90	-409.60	-358.70	-432.80	-372.70

Net Assets	31.80	30.80	37.60	-3.80	33.60

Capital & Reserves
Share Capital	32.80	32.40	31.70	31.70	31.70
Share Premium Account	3.70	3.30	2.00	1.90	1.70
Other Reserves	3.80	1.20	4.60	-2.00	-2.10
Retained Earnings	-8.50	-6.10	-0.70	-35.40	2.30
Shareholders Funds	31.80	30.80	37.60	-3.80	33.60

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	31.80	30.80	37.60	-3.80	33.60

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	6.14	5.94	5.82	10.54	6.81
PEG - Adjusted	0.19	-0.41	0.00	-0.51	-0.35
Earnings per Share Growth - Adjusted	33.12%	-14.56%	1482.61%	-20.69%	-19.44%
Dividend Cover	4.04	3.27	4.28	2.97	3.87
Revenue Per Share	1299.23p	1354.91p	1455.91p	156.76p	142.84p
Pre-Tax Profit per Share	39.97p	37.29p	43.94p	2.86p	3.66p
Operating Margin	3.21%	2.73%	2.89%	1.74%	2.16%
Return on Capital Employed	40.67%	38.04%	35.42%	18.01%	26.24%

Continuing & Discontinued Operations
Dividend Yield	4.04%	5.14%	4.01%	3.20%	3.80%
Dividend per Share Growth	7.89%	11.76%	996.77%	3.33%	n/a
Net Asset Value per Share (exc. Intangibles)	19.99p	16.24p	59.06p	-0.76p	5.02p
Net Gearing	-332.39%	-454.87%	-383.78%	3171.05%	-436.31%

Data is provided by Morningstar

COSTAIN GRP. - Fundamentals