| £ (Millions) | £ (Millions) | |
| Growth Metrics | 31-Mar-11 | 31-Mar-10 |
| Annualisation Factor | 1.0 | 1.0 |
| Dividend Yield | 0.0% | 0.0% |
| Continuing Operations | ||
| PE Ratio - Adjusted | n/a | n/a |
| PE Ratio - Diluted | n/a n/a |
n/a n/a |
| PEG - Adjusted | n/a | n/a |
| PEG - Diluted | n/a n/a |
n/a n/a |
| Return on Capital Employed | n/a n/a |
n/a n/a |
| Operating Margin | n/a n/a |
n/a n/a |
| Continuing & Discontinued Operations | ||
| PE Ratio - Adjusted | n/a | n/a |
| PE Ratio - Diluted | n/a n/a |
n/a n/a |
| PEG - Adjusted | n/a | n/a |
| PEG - Diluted | n/a n/a |
n/a n/a |
| £ (Millions) | £ (Millions) | |
| Gearing | 31-Mar-11 | 31-Mar-10 |
| Net Gearing | n/a | n/a |
| £ (Millions) | £ (Millions) | |
| Value Metrics | 31-Mar-11 | 31-Mar-10 |
| Price/Book Value | 9.3 | (14.4) |
| Price/Tangible Book Value | 9.3 | (14.4) |
| Price/ Cash Flow | (140.1) | (8.3) |
| Price/Revenue | n/a | n/a |
| Price/R&D | n/a | n/a |
| Net Asset Value per Share (exc. Intangibles) | 1.28p | (0.29p) |
| Net Cash per Share | n/a | n/a |
| £ (Millions) | £ (Millions) | |
| Annualised Fundamentals | 31-Mar-11 | 31-Mar-10 |
| Continuing Operations | ||
| Revenue | n/a | n/a |
| EBITDA | (7.71) (6.93) |
(3.37) (2.80) |
| Depreciation | (0.01) n/a |
(0.47) (0.01) |
| Net Interest | 0.04 0.04 |
n/a n/a |
| Profit Before Tax | (7.67) (6.89) |
(3.84) (2.80) |
| Revenue per Share | n/a | n/a |
| Pre-Tax Profit per Share | (1.04p) (0.94p) |
(0.97p) (0.71p) |
| Market Capitalisation £ (Millions) | 122.62 | 27.36 |
| Enterprise Value (EV) £ (Millions) | 122.62 | 26.63 |
| EBITDA/EV | (6.29%) (5.65%) |
(12.67%) (10.52%) |
| Operating Margin | n/a n/a |
n/a n/a |
| Capital Employed £ (Millions) | 19.12 | 2.09 |
| Return on Capital Employed | n/a n/a |
n/a n/a |
| Invested Equity Capital £ (Millions) | 110.32 | 56.39 |
| Earnings per Share - Basic | (1.00p) (0.86p) |
(1.00p) (0.71p) |
| Earnings per Share - Diluted | (1.00p) (0.86p) |
(1.00p) (0.71p) |
| Earnings per Share - Adjusted | (1.00)p | (0.29)p |
| Earnings per Share Growth - Basic | n/a n/a |
n/a n/a |
| Earnings per Share Growth - Diluted | n/a n/a |
n/a n/a |
| Earnings per Share Growth - Adjusted | n/a | n/a |
| PE Ratio - Diluted | n/a n/a |
n/a n/a |
| PEG - Diluted | n/a n/a |
n/a n/a |
| Tax Rate | 7.54% | n/a |
| Dividend Cover | n/a n/a |
n/a n/a |
| Interest Cover | n/a n/a |
n/a n/a |
| Continuing & Discontinued Operations | ||
| Earnings per Share - Basic | (1.00p) (0.86p) |
(1.00p) (0.71p) |
| Earnings per Share - Diluted | (1.00p) (0.86p) |
(1.00p) (0.71p) |
| Earnings per Share - Adjusted | (1.00p) | (0.29p) |
| Earnings per Share Growth - Basic | n/a n/a |
n/a n/a |
| Earnings per Share Growth - Diluted | n/a n/a |
n/a n/a |
| Earnings per Share Growth - Adjusted | n/a | n/a |
| PE Ratio - Diluted | n/a n/a |
n/a n/a |
| PEG - Diluted | n/a n/a |
n/a n/a |
| Dividend Cover | n/a n/a |
n/a n/a |
| Return on Equity (ROE) | (6.43%) (5.72%) |
(6.81%) (4.97%) |
| Operating Cash Flow per Share | (0.085p) | (0.50p) |
| Gross Cash Flow per Share | cn/a | cn/a |
| Cash Incr/Decr per Share | 2.63p | 0.41p |
| Capital Expenditure per Share | n/a | n/a |
| Dividend per Share | n/a | n/a |
| Dividend per Share Growth | n/a | n/a |
| Dividend Yield | 0.0% | 0.0% |
| Shareholders Funds | 100.61 | 53.15 |
| Net Borrowings £ (Millions) | (21.01) | (1.78) |
| Net Asset Value per Share (inc. Intangibles) | 1.28p | (0.29p) |
| £ (Millions) | £ (Millions) | |
| Gearing - inc Intangibles | 31-Mar-11 | 31-Mar-10 |
| Shareholders' Funds inc Intangibles | 100.61 | 53.15 |
| Net Borrowings £ (Millions) | (21.01) | (1.78) |
| Net Gearing | n/a | n/a |
| Cash & Near Cash | 21.01 | 1.78 |
| Cash | 20.88% | 3.35% |
| Gross Borrowings | n/a | n/a |
| Gross Gearing | n/a | n/a |
| Borrowings Under 5 years | n/a | n/a |
| Under 5 years | n/a | n/a |
| Borrowings Under 1 year | n/a | n/a |
| Under 1 year | n/a | n/a |
| £ (Millions) | £ (Millions) | |
| Gearing - exc Intangibles | 31-Mar-11 | 31-Mar-10 |
| Shareholders' Funds exc Intangibles | 9.42 | (1.14) |
| Net Borrowings £ (Millions) | (21.01) | (1.78) |
| Net Gearing | n/a | n/a |
| Cash & Near Cash | 21.01 | 1.78 |
| Cash | 223.08% | (156.59%) |
| Gross Borrowings | n/a | n/a |
| Gross Gearing | n/a | n/a |
| Borrowings Under 5 years | n/a | n/a |
| Under 5 years | n/a | n/a |
| Borrowings Under 1 year | n/a | n/a |
| Under 1 year | n/a | n/a |
| £ (Millions) | £ (Millions) | |
| Cover | 31-Mar-11 | 31-Mar-10 |
| Quick Ratio | n/a | n/a |
| Current Ratio | 9.54 | 5.44 |
* GAAP
a. Includes discontinued activities
b. Based on operating cash flow before tax
c. Not disclosed under IFRS
d. Includes non-current assets
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