MHPC MHP S.A GDR (EACH REPR 1 ORD) (REG S)

MHP REG 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	1424.26	1250.38	944.21	711.00	802.91
Operating Profit/(Loss)	380.58	320.74	256.78	217.98	243.51
Net Interest	85.73	80.17	62.94	50.82	51.66
Profit Before Tax	318.70	262.12	217.32	153.52	16.19
Profit After Tax	310.92	259.36	215.45	160.00	14.92
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	-3.53
PROFIT FOR THE PERIOD	310.92	259.36	215.45	160.00	11.39
Attributable to:
Minority Interests	-13.81	-15.98	-10.05	-11.44	-3.68
Equity Holders of Parent Company	297.10	243.38	205.40	148.56	7.71

Continuing EPS
Earnings per Share - Basic	280.00¢	226.00¢	188.00¢	134.00¢	11.00¢
Earnings per Share - Diluted	280.00¢	226.00¢	188.00¢	134.00¢	11.00¢
Earnings per Share - Adjusted	280.00¢	226.00¢	188.00¢	134.00¢	11.00¢
Continuing and Discontinued EPS
Earnings per Share - Basic	280.00¢	226.00¢	188.00¢	134.00¢	1.00¢
Earnings per Share - Diluted	280.00¢	226.00¢	188.00¢	134.00¢	1.00¢
Earnings per Share - Adjusted	280.00¢	226.00¢	188.00¢	134.00¢	7.69¢

Dividend per Share	0.00¢	0.00¢	0.00¢	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	834.25	609.75	613.41	567.95	386.42
Intangible Assets	26.69	27.23	0.00	0.00	0.00
Investment Properties	0.00	0.00	0.00	0.00	0.00
Investments	6.15	6.02	0.00	0.00	0.00
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	619.77	492.62	241.51	142.98	200.51
	1486.86	1135.62	854.93	710.93	586.93
Current Assets
Inventories	274.26	182.24	132.59	106.81	38.12
Trade & Other Receivables	632.21	529.97	412.71	290.29	220.10
Cash at Bank & in Hand	94.79	94.76	173.78	29.88	79.41
Current Asset Investments	0.00	1.78	0.00	0.00	0.00
Other Current Assets	0.00	0.00	0.00	0.00	0.00
	1001.25	808.75	719.08	426.98	337.63

Total Assets	2488.11	1944.36	1574.01	1137.91	924.56

Liabilities
Current Liabilities
Borrowings	-323.15	-189.65	-173.81	-164.25	-151.87
Other Current Liabilities	-146.00	-118.03	-68.63	-121.33	-67.59
	-469.15	-307.68	-242.44	-285.58	-219.45

Net Current Assets	532.10	501.07	476.64	141.40	118.18

Non-Current Liabilities
Borrowings	-816.95	-708.67	-658.70	-348.95	-352.33
Provisions	-3.35	-2.21	-2.50	-8.97	-6.16
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	-0.40
	-820.30	-710.87	-661.20	-357.92	-358.89

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-1289.45	-1018.55	-903.64	-643.50	-578.34

Net Assets	1198.66	925.81	670.37	494.41	346.22

Capital & Reserves
Share Capital	284.51	284.51	284.51	284.51	463.32
Share Premium Account	181.98	179.57	179.57	178.82	0.00
Other Reserves	-283.75	-262.57	-259.53	-219.74	-213.29
Retained Earnings	976.92	679.82	436.44	231.04	82.48
Shareholders Funds	1159.66	881.32	640.98	474.62	332.51

Minority Interests/Other Equity	39.01	44.49	29.38	19.78	13.71
Total Equity	1198.66	925.81	670.37	494.41	346.22

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	0.06	0.05	0.09	0.07	0.30
PEG - Adjusted	0.00	0.00	0.00	0.00	0.00
Earnings per Share Growth - Adjusted	23.89%	20.21%	40.30%	1118.18%	-75.00%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	1324.83¢	1139.58¢	862.99¢	641.87¢	752.22¢
Pre-Tax Profit per Share	299.98¢	243.03¢	198.63¢	138.59¢	15.17¢
Operating Margin	28.50%	27.33%	28.27%	27.44%	7.06%
Return on Capital Employed	17.47%	19.03%	18.62%	20.10%	7.92%

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)	1072.20¢	791.89¢	594.30¢	428.48¢	311.52¢
Net Gearing	90.14%	91.18%	102.77%	101.83%	127.75%

Data is provided by Morningstar

MHPC MHP S.A GDR (EACH REPR 1 ORD) (REG S)

MHP REG S - Fundamentals