PTMN PETMIN LIMITED ORD ZAR0.25 (DI)

PETMIN Currency GBX

Income Statement (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
Revenue	40.25	43.31	29.20	62.01	42.81
Operating Profit/(Loss)	9.47	10.18	9.89	13.67	7.56
Net Interest	0.77	0.11	0.40	0.96	0.74
Profit Before Tax	7.59	10.47	10.02	13.42	26.78
Profit After Tax	4.37	7.07	6.99	9.28	24.42
Discontinued Operations
Profit After Tax	3.00	2.21	2.41	0.00	0.00
PROFIT FOR THE PERIOD	7.37	9.28	9.39	9.28	24.42
Attributable to:
Minority Interests	0.00	0.00	0.00	0.03	-0.00
Equity Holders of Parent Company	7.37	9.28	9.39	9.31	24.41

Continuing EPS
Earnings per Share - Basic	0.76p	1.23p	1.24p	1.72p	4.84p
Earnings per Share - Diluted	0.75p	1.22p	1.23p	1.63p	4.76p
Earnings per Share - Adjusted	0.76p	1.23p	1.24p	1.75p	0.98p
Continuing and Discontinued EPS
Earnings per Share - Basic	1.52p	1.61p	1.67p	1.72p	4.84p
Earnings per Share - Diluted	1.50p	1.60p	1.65p	1.63p	4.76p
Earnings per Share - Adjusted	1.52p	1.61p	1.67p	1.75p	0.98p

Dividend per Share	0.37p	0.35p	0.00p	0.00p	0.00p

Balance Sheet (£ m)	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Assets
Non-Current Assets
Property, Plant & Equipment	73.51	50.41	40.99	49.47	36.18
Intangible Assets	0.00	0.17	0.38	0.55	0.97
Investment Properties	2.33	3.08	0.00	0.00	0.00
Investments	36.54	43.20	43.22	38.97	24.85
Other Financial Assets	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	5.45	3.53	1.04	0.00	2.45
	120.17	103.49	85.63	88.99	64.44
Current Assets
Inventories	7.82	2.03	2.48	2.39	4.45
Trade & Other Receivables	30.62	13.47	9.32	16.51	11.57
Cash at Bank & in Hand	0.12	20.93	15.70	7.16	5.69
Current Asset Investments	0.00	0.00	0.00	0.80	0.00
Other Current Assets	0.00	24.63	26.06	0.00	0.00
	38.57	61.06	53.56	26.86	21.71

Total Assets	158.74	164.54	139.19	115.85	86.14

Liabilities
Current Liabilities
Borrowings	-13.60	-2.16	-1.25	-4.24	-0.99
Other Current Liabilities	-15.13	-18.43	-15.80	-9.37	-9.04
	-28.73	-20.58	-17.05	-13.61	-10.02

Net Current Assets	9.83	40.48	36.51	13.26	11.68

Non-Current Liabilities
Borrowings	-5.31	-8.88	-3.67	-4.53	-3.54
Provisions	-15.16	-14.05	-10.22	-9.71	-7.89
Other Non-Current Liabilities	0.00	-0.00	0.00	0.00	0.00
	-20.46	-22.94	-13.89	-14.25	-11.43

Other Liabilities	n/a	n/a	n/a	n/a	n/a
Total Liabilities	-49.20	-43.52	-30.95	-27.85	-21.45

Net Assets	109.54	121.03	108.24	88.00	64.69

Capital & Reserves
Share Capital	11.21	13.18	12.44	10.59	8.58
Share Premium Account	26.05	31.04	28.89	23.96	19.55
Other Reserves	0.55	0.49	0.27	1.82	1.86
Retained Earnings	71.74	76.32	66.64	51.63	34.55
Shareholders Funds	109.54	121.03	108.24	88.00	64.54

Minority Interests/Other Equity	0.00	0.00	0.00	0.00	0.16
Total Equity	109.54	121.03	108.24	88.00	64.69

Ratios - based on IFRS	30-Jun-12	30-Jun-11	30-Jun-10	30-Jun-09	30-Jun-08
Continuing Operations
PE Ratio - Adjusted	27.63	20.73	17.74	9.14	30.10
PEG - Adjusted	-0.72	-18.35	-0.61	0.12	0.18
Earnings per Share Growth - Adjusted	-38.20%	-1.13%	-29.32%	78.33%	163.54%
Dividend Cover	2.06	3.51	n/a	n/a	n/a
Revenue Per Share	6.98p	7.51p	5.18p	11.45p	8.49p
Pre-Tax Profit per Share	1.32p	1.82p	1.78p	2.48p	5.31p
Operating Margin	19.89%	23.50%	33.86%	11.84%	17.66%
Return on Capital Employed	5.83%	7.25%	8.47%	13.57%	36.13%

Continuing & Discontinued Operations
Dividend Yield	1.75%	1.37%	0.00%	0.00%	0.00%
Dividend per Share Growth	5.44%	n/a	n/a	n/a	n/a
Net Asset Value per Share (exc. Intangibles)	19.05p	21.07p	18.90p	16.23p	11.87p
Net Gearing	17.15%	-8.17%	-9.95%	1.83%	-1.81%

Data is provided by Morningstar

PETMIN - Fundamentals