STB SECURE TRUST BANK PLC ORD 40P

SECURE TRUST Currency GBX

Income Statement (£ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	n/a	n/a	n/a	n/a	n/a
Operating Profit/(Loss)	n/a	n/a	n/a	n/a	n/a
Net Interest	n/a	n/a	n/a	n/a	n/a
Profit Before Tax	17.17	7.28	8.69	8.10	5.03
Profit After Tax	15.54	5.06	6.25	5.80	3.51
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	15.54	5.06	6.25	5.80	3.51
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	15.54	5.06	6.25	5.80	3.51

Continuing EPS
Earnings per Share - Basic	108.90p	39.60p	50.00p	40.96p	24.75p
Earnings per Share - Diluted	108.90p	39.60p	50.00p	40.96p	24.75p
Earnings per Share - Adjusted	108.90p	39.60p	50.00p	40.96p	24.75p
Continuing and Discontinued EPS
Earnings per Share - Basic	108.90p	39.60p	50.00p	40.96p	24.75p
Earnings per Share - Diluted	108.90p	39.60p	50.00p	40.96p	24.75p
Earnings per Share - Adjusted	108.90p	39.60p	50.00p	40.96p	24.75p

Dividend per Share	18.20p	0.00p	0.00p	0.00p	0.00p

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	n/a	n/a	n/a	n/a	n/a
Intangible Assets	5.23	0.69	0.78	0.79	0.29
Investment Properties	n/a	n/a	n/a	n/a	n/a
Investments	0.03	0.06	25.63	11.00	14.29
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	5.41	4.93	5.30	5.95	6.35
	10.67	5.67	31.71	17.74	20.93
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	455.077	300.437	132.059	98.054	32.253
Cash at Bank & in Hand	0.00	0.00	0.01	0.00	0.01
Current Asset Investments	8.85	1.73	16.92	0.00	0.00
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	463.93	302.17	148.99	98.06	32.27

Total Assets	474.60	307.84	180.70	115.80	53.20

Liabilities
Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Other Current Liabilities	n/a	n/a	n/a	n/a	n/a
	18.64	11.87	162.50	8.01	7.62

Net Current Assets	445.29	290.31	-13.51	90.05	24.64

Non-Current Liabilities
Borrowings	n/a	n/a	n/a	n/a	n/a
Provisions	n/a	n/a	n/a	n/a	n/a
Other Non-Current Liabilities	n/a	n/a	n/a	n/a	n/a
	400.0	272.2	2.4	95.7	36.8

Other Liabilities	0.0	0.0	0.0	0.0	0.0
Total Liabilities	418.68	284.03	164.90	103.75	44.45

Net Assets	55.92	23.82	15.80	12.05	8.75

Capital & Reserves
Share Capital	55.92	23.82	15.80	12.05	8.75
Share Premium Account	n/a	n/a	n/a	n/a	n/a
Other Reserves	n/a	n/a	n/a	n/a	n/a
Retained Earnings	n/a	n/a	n/a	n/a	n/a
Shareholders Funds	55.92	23.82	15.80	12.05	8.75

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	55.92	23.82	15.80	12.05	8.75

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	14.42	20.96	n/a	n/a	n/a
PEG - Adjusted	0.08	-1.01	n/a	n/a	n/a
Earnings per Share Growth - Adjusted	175.00%	-20.80%	22.06%	65.52%	n/a
Dividend Cover	5.98	n/a	n/a	n/a	n/a
Revenue Per Share	n/a	n/a	n/a	n/a	n/a
Pre-Tax Profit per Share	120.30p	56.99p	69.49p	57.15p	35.53p
Operating Margin	n/a	n/a	n/a	n/a	n/a
Return on Capital Employed	n/a	n/a	n/a	n/a	n/a

Continuing & Discontinued Operations
Dividend Yield	1.16%	0.00%	n/a	n/a	n/a
Dividend per Share Growth	n/a	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	323.94p	163.26p	105.97p	79.50p	59.70p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

SECURE TRUST - Fundamentals