LECI LECICO EGYPT S.A.E. GDR (EACH REPR 1 ORD EGP5)(REG S)

LECICO GDR(S) Currency USD Standard GDRs

Income Statement ($ m)	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
Revenue	201.26	161.01	175.60	192.72	195.12
Operating Profit/(Loss)	25.91	10.87	32.38	33.34	31.05
Net Interest	15.06	11.99	8.01	8.66	9.68
Profit Before Tax	11.08	-2.63	20.97	23.54	23.50
Profit After Tax	9.73	-3.74	16.08	19.95	19.92
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	9.73	-3.74	16.08	19.95	19.92
Attributable to:
Minority Interests	0.15	0.32	0.26	0.17	-0.27
Equity Holders of Parent Company	9.88	-3.41	16.34	20.12	19.65

Continuing EPS
Earnings per Share - Basic	12.43¢	-4.31¢	20.50¢	33.60¢	49.11¢
Earnings per Share - Diluted	12.43¢	-4.31¢	20.50¢	33.60¢	49.11¢
Earnings per Share - Adjusted	12.43¢	-4.31¢	20.50¢	33.60¢	49.11¢
Continuing and Discontinued EPS
Earnings per Share - Basic	12.43¢	-4.31¢	20.50¢	33.60¢	49.11¢
Earnings per Share - Diluted	12.43¢	-4.31¢	20.50¢	33.60¢	49.11¢
Earnings per Share - Adjusted	12.43¢	-4.31¢	20.50¢	33.60¢	49.11¢

Dividend per Share	0.00¢	17.23¢	27.40¢	0.00¢	0.00¢

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	115.23	117.64	114.28	122.74	126.13
Intangible Assets	3.82	3.98	3.98	4.36	3.17
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	0.76	0.76	0.77	0.77	0.85
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	10.80	17.59	30.06	17.10	13.33
	130.61	139.98	149.08	144.97	143.49
Current Assets
Inventories	90.67	87.02	81.54	74.60	77.86
Trade & Other Receivables	64.80	63.13	62.21	49.24	26.74
Cash at Bank & in Hand	24.51	17.64	6.70	6.05	14.72
Current Asset Investments	8.96	11.83	12.66	12.14	36.47
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	188.94	179.62	163.11	142.03	155.79

Total Assets	319.55	319.60	312.19	287.00	299.27

Liabilities
Current Liabilities
Borrowings	-132.22	-132.12	-105.78	-70.73	-90.26
Other Current Liabilities	-36.19	-31.23	-38.01	-32.67	-34.37
	-168.41	-163.35	-143.79	-103.40	-124.63

Net Current Assets	20.53	16.27	19.32	38.63	31.16

Non-Current Liabilities
Borrowings	-10.18	-14.64	-1.97	-10.50	-18.34
Provisions	-5.21	-5.44	-5.09	-5.40	-5.14
Other Non-Current Liabilities	-0.27	-5.56	-10.76	-15.73	-19.76
	-15.67	-25.64	-17.82	-31.63	-43.24

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-184.07	-188.98	-161.61	-135.03	-167.87

Net Assets	135.48	130.61	150.59	151.97	131.41

Capital & Reserves
Share Capital	62.95	66.35	51.69	36.53	36.11
Share Premium Account	0.00	0.00	0.00	0.00	0.00
Other Reserves	50.54	50.24	67.04	71.79	59.14
Retained Earnings	21.74	13.79	31.36	43.00	34.46
Shareholders Funds	135.23	130.37	150.09	151.32	129.71

Minority Interests/Other Equity	0.24	0.24	0.50	0.65	1.70
Total Equity	135.48	130.61	150.59	151.97	131.41

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	0.28	-0.81	0.20	0.12	n/a
PEG - Adjusted	0.00	0.01	-0.01	0.00	n/a
Earnings per Share Growth - Adjusted	-388.33%	-121.03%	-38.99%	-31.58%	0.86%
Dividend Cover	n/a	-0.25	0.75	n/a	n/a
Revenue Per Share	251.57¢	201.26¢	292.66¢	321.21¢	487.79¢
Pre-Tax Profit per Share	13.85¢	-3.28¢	34.95¢	39.23¢	58.75¢
Operating Margin	12.37%	4.86%	15.78%	15.95%	15.55%
Return on Capital Employed	9.36%	3.36%	11.17%	13.75%	13.71%

Continuing & Discontinued Operations
Dividend Yield	0.00%	492.26%	668.17%	0.00%	n/a
Dividend per Share Growth	-100.00%	-37.11%	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	164.26¢	2380.24¢	243.52¢	367.40¢	316.34¢
Net Gearing	87.17%	99.04%	67.33%	49.68%	72.38%

Data is provided by Morningstar

LECI LECICO EGYPT S.A.E. GDR (EACH REPR 1 ORD EGP5)(REG S)

LECICO GDR(S) - Fundamentals