ICGC IRISH CONTINENTAL GROUP PLC UTS (COMP 1 ORD EUR0.65 & 10 RED SHS)

IRISH CONT.UNIT Currency EUR 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	256.10	251.70	262.20	260.50	342.90
Operating Profit/(Loss)	24.40	27.10	40.90	26.50	41.80
Net Interest	1.90	1.00	0.40	1.50	4.70
Profit Before Tax	21.00	26.40	40.10	24.90	43.00
Profit After Tax	20.50	25.60	39.00	25.20	40.50
Discontinued Operations
Profit After Tax	0.90	2.10	0.00	0.00	0.00
PROFIT FOR THE PERIOD	21.40	27.70	39.00	25.20	40.50
Attributable to:
Minority Interests	0.00	0.00	0.00	0.00	0.00
Equity Holders of Parent Company	21.40	27.70	39.00	25.20	40.50

Continuing EPS
Earnings per Share - Basic	88.60c	102.70c	156.80c	102.40c	164.70c
Earnings per Share - Diluted	88.40c	102.00c	155.70c	101.50c	162.80c
Earnings per Share - Adjusted	104.60c	101.50c	121.00c	107.70c	148.90c
Continuing and Discontinued EPS
Earnings per Share - Basic	183.20c	111.10c	156.80c	102.40c	164.70c
Earnings per Share - Diluted	182.80c	110.40c	155.70c	101.50c	162.80c
Earnings per Share - Adjusted	108.50c	109.90c	121.00c	107.70c	148.90c

Dividend per Share	100.00c	133.00c	0.00c	0.00c	0.00c

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	38.50	39.90	194.00	223.10	236.40
Intangible Assets	0.80	0.80	0.90	1.10	1.80
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	156.90	167.30	27.40	2.50	5.70
	196.20	208.00	222.30	226.70	243.90
Current Assets
Inventories	2.70	2.70	1.90	2.00	0.80
Trade & Other Receivables	37.50	34.10	33.60	28.20	38.10
Cash at Bank & in Hand	22.30	9.80	17.20	17.00	28.50
Current Asset Investments	0.00	0.00	0.10	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	62.50	46.60	52.80	47.20	67.40

Total Assets	258.70	254.60	275.10	273.90	311.30

Liabilities
Current Liabilities
Borrowings	-15.10	-0.90	-0.70	-37.80	-10.70
Other Current Liabilities	-38.30	-42.10	-45.50	-48.30	-49.80
	-53.40	-43.00	-46.20	-86.10	-60.50

Net Current Assets	9.10	3.60	6.60	-38.90	6.90

Non-Current Liabilities
Borrowings	-123.20	-16.70	-22.80	-0.90	-66.50
Provisions	-4.40	-4.70	-4.50	-3.90	-3.50
Other Non-Current Liabilities	-59.70	-38.60	-23.60	-30.70	-28.60
	-187.30	-60.00	-50.90	-35.50	-98.60

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-240.70	-103.00	-97.10	-121.60	-159.10

Net Assets	18.00	151.60	178.00	152.30	152.20

Capital & Reserves
Share Capital	11.90	16.70	16.80	16.60	16.60
Share Premium Account	7.50	52.70	51.80	48.70	48.70
Other Reserves	-9.60	-18.90	-21.30	-23.90	-30.60
Retained Earnings	8.20	101.10	130.70	110.90	117.50
Shareholders Funds	18.00	151.60	178.00	152.30	152.20

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.00
Total Equity	18.00	151.60	178.00	152.30	152.20

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	0.18	0.14	0.13	0.13	n/a
PEG - Adjusted	0.06	-0.01	0.01	0.00	n/a
Earnings per Share Growth - Adjusted	3.05%	-16.12%	12.35%	-27.67%	-16.63%
Dividend Cover	1.05	0.76	n/a	n/a	n/a
Revenue Per Share	1106.79c	1009.55c	1054.11c	1058.21c	1394.70c
Pre-Tax Profit per Share	90.76c	105.89c	161.21c	101.15c	174.90c
Operating Margin	5.00%	6.12%	15.41%	9.98%	13.68%
Return on Capital Employed	10.49%	13.05%	17.87%	11.82%	18.45%

Continuing & Discontinued Operations
Dividend Yield	519.48%	911.58%	0.00%	0.00%	n/a
Dividend per Share Growth	-24.81%	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	93.77c	606.38c	708.77c	614.21c	610.96c
Net Gearing	644.44%	5.15%	3.54%	14.25%	32.00%

Data is provided by Morningstar

IRISH CONT.UNIT - Fundamentals