QRT QUARTO GROUP INCORPORATED COM STK USD0.10

QUARTO GRP. 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	111.27	119.76	112.67	106.63	112.74
Operating Profit/(Loss)	7.56	9.04	8.07	6.97	5.25
Net Interest	3.47	3.25	3.42	3.61	4.11
Profit Before Tax	4.39	6.07	4.96	3.64	1.56
Profit After Tax	3.40	5.19	4.09	2.76	0.34
Discontinued Operations
Profit After Tax	0.00	0.00	0.00	0.00	0.00
PROFIT FOR THE PERIOD	3.40	5.19	4.09	2.76	0.34
Attributable to:
Minority Interests	-0.26	-0.27	-0.42	-0.19	-0.46
Equity Holders of Parent Company	3.14	4.92	3.67	2.57	-0.12

Continuing EPS
Earnings per Share - Basic	15.93p	25.03p	18.65p	13.00p	-0.60p
Earnings per Share - Diluted	15.93p	24.97p	18.65p	13.00p	-0.60p
Earnings per Share - Adjusted	26.88p	29.34p	27.02p	26.00p	26.90p
Continuing and Discontinued EPS
Earnings per Share - Basic	15.93p	25.03p	18.65p	13.00p	-0.60p
Earnings per Share - Diluted	15.93p	24.97p	18.65p	13.00p	-0.60p
Earnings per Share - Adjusted	26.88p	29.34p	27.02p	26.00p	26.90p

Dividend per Share	7.45p	7.50p	7.35p	7.15p	7.15p

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	6.18	6.30	6.45	6.70	7.56
Intangible Assets	26.41	27.50	24.39	24.01	26.62
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	1.56	1.93	1.24	0.62	1.17
	34.14	35.72	32.08	31.33	35.36
Current Assets
Inventories	14.05	17.48	15.24	15.81	17.82
Trade & Other Receivables	68.31	70.47	32.44	65.64	70.71
Cash at Bank & in Hand	16.44	22.07	27.96	24.09	28.18
Current Asset Investments	0.00	0.00	0.00	0.00	0.74
Other Current Assets	0.00	0.00	32.96	0.00	0.00
	98.80	110.02	108.60	105.53	117.45

Total Assets	132.95	145.74	140.68	136.86	152.81

Liabilities
Current Liabilities
Borrowings	-10.35	-52.99	-0.17	-0.25	-0.33
Other Current Liabilities	-30.87	-35.74	-33.41	-32.89	-43.26
	-41.22	-88.73	-33.58	-33.14	-43.59

Net Current Assets	57.58	21.29	75.02	72.39	73.86

Non-Current Liabilities
Borrowings	-55.91	-21.48	-73.60	-74.18	-80.23
Provisions	-3.44	-3.72	-3.77	-3.98	-3.94
Other Non-Current Liabilities	-0.92	-1.88	-2.53	-2.48	-3.93
	-60.27	-27.07	-79.89	-80.63	-88.10

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-101.49	-115.81	-113.47	-113.77	-131.69

Net Assets	31.46	29.94	27.22	23.09	21.11

Capital & Reserves
Share Capital	1.26	1.32	1.31	1.16	1.16
Share Premium Account	20.77	21.72	21.56	21.77	21.77
Other Reserves	0.00	0.00	0.00	0.00	0.00
Retained Earnings	5.16	2.59	-0.93	-4.51	-7.02
Shareholders Funds	27.18	25.63	21.93	18.42	15.91

Minority Interests/Other Equity	4.27	4.30	5.29	4.68	5.21
Total Equity	31.46	29.94	27.22	23.09	21.11

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	5.10	4.77	5.00	3.46	2.32
PEG - Adjusted	-0.61	0.55	1.28	-1.03	0.31
Earnings per Share Growth - Adjusted	-8.38%	8.61%	3.91%	-3.35%	7.60%
Dividend Cover	3.61	3.91	3.68	3.64	3.76
Revenue Per Share	565.26p	608.59p	572.54p	541.85p	572.94p
Pre-Tax Profit per Share	22.30p	30.82p	25.21p	18.49p	7.93p
Operating Margin	6.80%	7.55%	7.17%	6.54%	4.65%
Return on Capital Employed	10.52%	11.55%	10.43%	9.36%	7.17%

Continuing & Discontinued Operations
Dividend Yield	5.43%	5.36%	5.44%	7.94%	11.44%
Dividend per Share Growth	-0.73%	2.04%	2.80%	0.00%	3.62%
Net Asset Value per Share (exc. Intangibles)	3.80p	-9.14p	-12.01p	-27.37p	-52.40p
Net Gearing	183.27%	204.40%	208.82%	273.32%	329.29%

Data is provided by Morningstar

QUARTO GRP. - Fundamentals