NRR NEWRIVER RETAIL LIMITED ORD SHS NPV (REG S)

NEWRIV. NPV S Currency GBX

Income Statement (£ m)	31-Mar-12	31-Mar-11	31-Mar-10
Continuing Operations
Revenue	12.79	4.43	0.33
Operating Profit/(Loss)	9.73	2.54	2.17
Net Interest	5.34	1.77	0.03
Profit Before Tax	4.39	0.79	2.16
Profit After Tax	4.27	0.67	2.12
Discontinued Operations
Profit After Tax	0.00	0.00	0.00
PROFIT FOR THE PERIOD	4.27	0.67	2.12
Attributable to:
Minority Interests	0.00	0.00	0.00
Equity Holders of Parent Company	4.27	0.67	2.12

Continuing EPS
Earnings per Share - Basic	16.92p	5.06p	21.15p
Earnings per Share - Diluted	16.90p	5.04p	21.11p
Earnings per Share - Adjusted	16.92p	5.06p	21.15p
Continuing and Discontinued EPS
Earnings per Share - Basic	16.92p	5.06p	21.15p
Earnings per Share - Diluted	16.90p	5.04p	21.11p
Earnings per Share - Adjusted	16.92p	5.06p	21.15p

Dividend per Share	10.50p	1.00p	0.00p

Balance Sheet (£ m)	31-Mar-12	31-Mar-11	31-Mar-10
Assets
Non-Current Assets
Property, Plant & Equipment	198.14	105.81	13.32
Intangible Assets	0.00	0.00	0.00
Investment Properties	0.00	0.00	0.00
Investments	11.28	11.93	11.78
Other Financial Assets	0.00	0.00	0.00
Other Non-Current Assets	0.00	0.00	0.00
	209.42	117.73	25.10
Current Assets
Inventories	0.00	0.00	0.00
Trade & Other Receivables	3.05	1.41	0.07
Cash at Bank & in Hand	8.56	10.65	8.17
Current Asset Investments	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00
	11.61	12.06	8.24

Total Assets	221.02	129.80	33.34

Liabilities
Current Liabilities
Borrowings	0.00	0.00	0.00
Other Current Liabilities	-7.40	-4.98	-0.52
	-7.40	-4.98	-0.52

Net Current Assets	4.20	7.08	7.72

Non-Current Liabilities
Borrowings	-132.42	-84.73	-6.69
Provisions	0.00	0.00	0.00
Other Non-Current Liabilities	-2.12	-1.32	0.00
	-134.54	-86.04	-6.69

Other Liabilities	n/a	n/a	n/a
Total Liabilities	-141.95	-91.02	-7.21

Net Assets	79.08	38.77	26.13

Capital & Reserves
Share Capital	0.00	0.00	24.03
Share Premium Account	0.00	0.00	0.00
Other Reserves	77.14	38.46	1.25
Retained Earnings	1.94	0.32	0.85
Shareholders Funds	79.08	38.77	26.13

Minority Interests/Other Equity	0.00	0.00	0.00
Total Equity	79.08	38.77	26.13

Ratios - based on IFRS	31-Mar-12	31-Mar-11	31-Mar-10
Continuing Operations
PE Ratio - Adjusted	11.55	48.42	13.24
PEG - Adjusted	0.05	-0.64	n/a
Earnings per Share Growth - Adjusted	234.59%	-76.09%	n/a
Dividend Cover	1.61	5.06	n/a
Revenue Per Share	50.67p	32.01p	3.29p
Pre-Tax Profit per Share	17.40p	5.74p	21.57p
Operating Margin	68.65%	28.61%	-2921.28%
Return on Capital Employed	4.60%	2.08%	6.66%

Continuing & Discontinued Operations
Dividend Yield	5.37%	0.41%	0.00%
Dividend per Share Growth	950.00%	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	254.43p	272.79p	261.25p
Net Gearing	156.64%	191.04%	-5.65%

Data is provided by Morningstar

NEWRIV. NPV S - Fundamentals