GEMD GEM DIAMONDS LIMITED ORD USD0.01 (DI)

GEM DIAMONDS DI 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	124.34	196.99	170.13	150.50	203.59
Operating Profit/(Loss)	20.57	96.86	33.39	24.42	-252.04
Net Interest	0.08	0.00	0.04	1.00	1.69
Profit Before Tax	21.38	98.21	34.80	24.28	-252.09
Profit After Tax	10.05	64.15	23.17	17.96	-255.69
Discontinued Operations
Profit After Tax	-73.02	4.01	0.02	-4.98	19.88
PROFIT FOR THE PERIOD	-62.96	68.15	23.19	12.98	-235.81
Attributable to:
Minority Interests	-9.54	-24.61	-10.22	-6.08	-0.45
Equity Holders of Parent Company	-72.50	43.54	12.97	6.89	-236.26

Continuing EPS
Earnings per Share - Basic	7.38p	28.31p	9.58p	10.51p	-409.41p
Earnings per Share - Diluted	7.38p	28.31p	9.58p	9.90p	-409.41p
Earnings per Share - Adjusted	7.38p	28.31p	9.58p	10.51p	-409.41p
Continuing and Discontinued EPS
Earnings per Share - Basic	-45.53p	31.53p	9.58p	8.66p	-606.23p
Earnings per Share - Diluted	-44.91p	30.89p	8.94p	8.04p	-606.23p
Earnings per Share - Adjusted	-45.53p	31.53p	9.59p	6.18p	-377.63p

Dividend per Share	0.00p	0.00p	0.00p	0.00p	0.00p

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	247.33	269.00	260.53	217.45	60.05
Intangible Assets	15.36	16.43	19.90	17.31	15.29
Investment Properties	0.38	0.40	0.39	0.00	0.00
Investments	0.01	9.39	9.43	7.78	3.87
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	3.67	4.03	3.51	3.07	140.69
	267.12	299.64	294.15	245.61	219.90
Current Assets
Inventories	13.94	25.24	22.51	19.42	24.90
Trade & Other Receivables	4.18	6.23	4.67	4.38	9.75
Cash at Bank & in Hand	43.87	102.44	82.93	70.40	42.13
Current Asset Investments	10.12	0.01	0.03	0.33	0.45
Other Current Assets	0.00	0.00	1.97	0.09	0.00
	72.11	133.92	112.11	94.62	77.23

Total Assets	339.23	433.56	406.26	340.22	297.12

Liabilities
Current Liabilities
Borrowings	-1.81	0.00	0.00	-0.13	-28.34
Other Current Liabilities	-27.72	-50.25	-30.53	-23.70	-47.78
	-29.53	-50.25	-30.53	-23.83	-76.12

Net Current Assets	42.58	83.68	81.58	70.79	1.10

Non-Current Liabilities
Borrowings	0.00	0.00	0.00	0.00	-0.25
Provisions	-62.00	-71.59	-66.12	-56.12	-51.42
Other Non-Current Liabilities	-0.62	-0.43	-0.44	-0.98	-0.31
	-62.62	-72.02	-66.56	-57.10	-51.98

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-92.15	-122.27	-97.09	-80.92	-128.10

Net Assets	247.08	311.29	309.17	259.30	169.02

Capital & Reserves
Share Capital	0.85	0.89	0.88	0.86	0.43
Share Premium Account	544.85	569.88	565.66	547.74	540.04
Other Reserves	-10.54	-31.35	0.85	-16.42	-44.53
Retained Earnings	-331.75	-271.16	-312.37	-314.96	-359.89
Shareholders Funds	203.41	268.26	255.02	217.22	136.06

Minority Interests/Other Equity	43.68	43.03	54.16	42.08	32.96
Total Equity	247.08	311.29	309.17	259.30	169.02

Ratios - based on IFRS	31-Dec-12	31-Dec-11	31-Dec-10	31-Dec-09	31-Dec-08
Continuing Operations
PE Ratio - Adjusted	19.51	6.86	26.33	21.60	-0.62
PEG - Adjusted	-0.26	0.04	-2.97	-0.21	0.00
Earnings per Share Growth - Adjusted	-73.93%	195.53%	-8.88%	-102.57%	-2154.96%
Dividend Cover	n/a	n/a	n/a	n/a	n/a
Revenue Per Share	89.99p	142.57p	123.15p	130.97p	325.42p
Pre-Tax Profit per Share	15.47p	71.08p	25.19p	21.13p	-402.94p
Operating Margin	16.01%	48.83%	19.06%	15.69%	-124.28%
Return on Capital Employed	7.26%	26.80%	9.80%	8.48%	-107.13%

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)	136.00p	182.14p	170.05p	144.58p	191.98p
Net Gearing	-20.68%	-38.19%	-32.52%	-32.35%	-9.95%

Data is provided by Morningstar

GEMD GEM DIAMONDS LIMITED ORD USD0.01 (DI)

GEM DIAMONDS DI - Fundamentals