BGEO BANK OF GEORGIA HOLDINGS PLC ORD 1P

BANK OF GEORGIA 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	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	78.93	66.65	35.89	-39.44	-0.33
Profit After Tax	66.61	58.46	30.14	-36.84	0.07
Discontinued Operations
Profit After Tax	0.00	-5.90	0.00	0.00	0.00
PROFIT FOR THE PERIOD	66.61	52.57	30.14	-36.84	0.07
Attributable to:
Minority Interests	-1.90	-1.23	0.36	2.81	1.55
Equity Holders of Parent Company	64.71	51.34	30.50	-34.03	1.62

Continuing EPS
Earnings per Share - Basic	193.72p	191.63p	101.53p	-111.59p	5.37p
Earnings per Share - Diluted	191.93p	180.12p	99.86p	-111.59p	5.37p
Earnings per Share - Adjusted	193.72p	191.63p	101.53p	-111.59p	5.37p
Continuing and Discontinued EPS
Earnings per Share - Basic	193.72p	171.89p	101.53p	-111.59p	5.37p
Earnings per Share - Diluted	191.93p	162.52p	99.86p	-111.59p	5.37p
Earnings per Share - Adjusted	193.72p	171.89p	101.53p	-111.59p	5.37p

Dividend per Share	27.32p	17.90p	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	25.50	26.11	33.40	31.82	63.36
Investment Properties	n/a	n/a	n/a	n/a	n/a
Investments	173.02	163.69	109.60	110.24	47.75
Other Financial Assets	n/a	n/a	n/a	n/a	n/a
Other Non-Current Assets	219.33	174.23	145.61	133.42	145.06
	417.86	364.04	288.61	275.48	256.17
Current Assets
Inventories	n/a	n/a	n/a	n/a	n/a
Trade & Other Receivables	1294.642	1128.904	899.937	642.788	888.736
Cash at Bank & in Hand	282.99	243.55	222.99	133.29	165.22
Current Asset Investments	102.60	70.63	48.72	33.48	44.14
Other Current Assets	n/a	n/a	n/a	n/a	n/a
	1680.24	1443.08	1171.66	809.56	1098.10

Total Assets	2098.09	1807.12	1460.27	1085.04	1354.27

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
	73.84	61.84	1205.85	861.38	1053.77

Net Current Assets	1606.40	1381.25	-34.20	-51.82	44.33

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
	1631.2	1430.5	1.6	0.8	1.8

Other Liabilities	0.0	0.0	0.0	0.0	0.0
Total Liabilities	1705.04	1492.35	1207.46	862.17	1055.54

Net Assets	393.05	314.77	252.80	222.87	298.72

Capital & Reserves
Share Capital	393.05	314.77	252.80	222.87	298.72
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	393.05	314.77	252.80	222.87	298.72

Minority Interests/Other Equity	n/a	n/a	n/a	n/a	n/a
Total Equity	393.05	314.77	252.80	222.87	298.72

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	5.32	0.07	0.20	-0.07	0.77
PEG - Adjusted	4.88	0.00	0.00	0.00	-0.01
Earnings per Share Growth - Adjusted	1.09%	88.74%	-190.99%	-2178.41%	-93.60%
Dividend Cover	7.09	10.71	n/a	n/a	n/a
Revenue Per Share	n/a	n/a	n/a	n/a	n/a
Pre-Tax Profit per Share	236.27p	223.15p	119.50p	-129.34p	-1.11p
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	2.65%	137.69%	0.00%	0.00%	0.00%
Dividend per Share Growth	52.60%	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	1023.57p	n/a	699.96p	610.25p	753.11p
Net Gearing	n/a	n/a	n/a	n/a	n/a

Data is provided by Morningstar

BANK OF GEORGIA - Fundamentals