CNE CAIRN ENERGY PLC ORD 231/169P

CAIRN ENERGY 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	0.00	0.00	0.00	0.00	205.25
Operating Profit/(Loss)	-152.14	-731.16	-190.91	-127.16	29.28
Net Interest	0.49	0.71	0.00	0.00	-5.21
Profit Before Tax	-119.47	-765.27	-193.91	-16.64	302.36
Profit After Tax	44.66	-765.33	-193.72	-6.68	251.47
Discontinued Operations
Profit After Tax	0.00	876.65	891.49	36.24	0.00
PROFIT FOR THE PERIOD	44.66	111.32	697.77	29.56	251.47
Attributable to:
Minority Interests	0.00	-298.63	-184.52	-21.28	-12.28
Equity Holders of Parent Company	44.66	-187.31	513.25	8.29	239.20

Continuing EPS
Earnings per Share - Basic	6.85p	-61.76p	-13.87p	-0.50p	184.29p
Earnings per Share - Diluted	6.84p	-61.76p	-13.87p	-0.50p	183.05p
Earnings per Share - Adjusted	6.85p	-61.76p	-13.87p	-0.50p	184.29p
Continuing and Discontinued EPS
Earnings per Share - Basic	6.85p	212.94p	36.33p	0.87p	184.29p
Earnings per Share - Diluted	6.84p	212.72p	36.16p	0.86p	183.05p
Earnings per Share - Adjusted	6.85p	212.94p	49.96p	2.18p	184.29p

Dividend per Share	0.00p	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	45.40	0.97	0.70	4.27	5.90
Intangible Assets	854.57	52.76	209.30	277.75	393.43
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	700.34	1585.03	0.00	1130.93	769.10
	1600.31	1638.76	210.00	1412.95	1168.43
Current Assets
Inventories	0.00	0.00	0.00	6.62	1.78
Trade & Other Receivables	84.77	59.91	25.17	219.37	351.39
Cash at Bank & in Hand	977.30	3044.01	119.44	727.63	958.65
Current Asset Investments	0.00	0.00	0.00	8.16	2.54
Other Current Assets	0.00	0.00	3018.20	6.25	0.00
	1062.07	3103.92	3162.80	968.03	1314.36

Total Assets	2662.38	4742.68	3372.80	2380.98	2482.79

Liabilities
Current Liabilities
Borrowings	-18.21	0.00	0.00	-0.93	-1.51
Other Current Liabilities	-75.61	-143.62	-921.25	-243.37	-376.63
	-93.82	-143.62	-921.25	-244.29	-378.14

Net Current Assets	968.26	2960.30	2241.55	723.73	936.22

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	-413.20	-345.08
Provisions	-328.21	-163.50	0.00	-67.85	-196.89
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00
	-328.21	-163.50	0.00	-481.04	-541.97

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-422.02	-307.12	-921.25	-725.34	-920.11

Net Assets	2240.36	4435.56	2451.55	1655.64	1562.68

Capital & Reserves
Share Capital	8.00	8.94	10.67	10.27	10.84
Share Premium Account	299.54	311.24	309.57	292.84	150.19
Other Reserves	99.11	-49.16	-5.30	-15.95	-46.22
Retained Earnings	1833.71	4164.53	1480.23	920.77	983.20
Shareholders Funds	2240.36	4435.56	1795.17	1207.93	1098.00

Minority Interests/Other Equity	0.00	0.00	656.38	447.71	464.68
Total Equity	2240.36	4435.56	2451.55	1655.64	1562.68

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	38.66	-4.30	-30.28	-665.20	10.93
PEG - Adjusted	-0.35	-0.01	-0.01	6.63	-0.16
Earnings per Share Growth - Adjusted	-111.09%	345.21%	2702.42%	-100.27%	-67.48%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	0.00p	0.00p	0.00p	0.00p	158.13p
Pre-Tax Profit per Share	-18.30p	-61.75p	-13.88p	-1.23p	232.94p
Operating Margin	n/a	n/a	n/a	n/a	118.64%
Return on Capital Employed	-6.87%	-16.82%	-8.65%	-0.89%	17.35%

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)	229.72p	311.37p	113.27p	66.63p	537.30p
Net Gearing	-42.81%	-68.63%	-6.65%	-25.95%	-55.74%

Data is provided by Morningstar

CNE CAIRN ENERGY PLC ORD 231/169P

CAIRN ENERGY - Fundamentals