ICAP (IAP)

Sector:

Financial Services

Index:

FTSE 250

339.60p
   
  • Change Today:
    -4.20p
  • 52 Week High: 376.60p
  • 52 Week Low: 280.80p
  • Currency: UK Pounds
  • Shares Issued: 646.26m
  • Volume: 1,705,848
  • Market Cap: £2,194.70m
  • RiskGrade: 215
  • Beta: 1.62

Income Statement - Normalised

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
31-Mar-12 31-Mar-11 31-Mar-10 31-Mar-09 31-Mar-08
Continuing Operations          
Revenue 1,681.00 1,741.00 1,605.00 1,585.00 1,304.00
           
EBITDA 431.00 429.00 394.00 406.00 365.00
Depreciation & Amortisation (223.00) (127.00) (106.00) (96.00) (86.00)
           
Operating Profit/(Loss) 208.00 302.00 288.00 310.00 279.00
Interest Payable (34.00) (33.00) (28.00) (43.00) (30.00)
Interest Receivable/Investment Income 10.00 5.00 7.00 19.00 23.00
           
Group Profit after Interest 184.00 274.00 267.00 286.00 272.00
Share of Assoc Cos/JV Profits (3.00) (3.00) 7.00 7.00 3.00
           
Profit Before Tax 181.00 271.00 274.00 293.00 275.00
Tax (77.00) (63.88) (87.28) (97.24) (101.00)
           
Profit After Tax 104.00 207.12 186.72 195.76 174.00
           
Discontinued Operations          
Profit After Tax n/a n/a (18.00) (4.00) n/a
           
PROFIT FOR PERIOD 104.00 207.12 168.72 191.76 174.00
           
Attributable to:          
Equity Holders of Parent Company 101.00 207.12 168.72 180.76 164.00
Minority Interests (3.00) n/a n/a (11.00) (10.00)
           
Equity Dividends cn/a cn/a cn/a cn/a cn/a
Retained Profit/(Loss) for the Financial Year c101.00 c207.12 c168.72 c180.76 c164.00


Per Share Record - Normalised 31-Mar-12 31-Mar-11 31-Mar-10 31-Mar-09 31-Mar-08
Continuing EPS          
Earnings per Share - Basic 15.56p 31.77p 29.04p 29.14p 25.83p
Earnings per Share - Diluted 15.35p 31.29p 28.55p 28.43p 25.15p
Earnings per Share - Adjusted 40.10p 39.90p 35.40p 34.70p 31.30p
Continuing and Discontinued EPS          
Earnings per Share - Basic 15.56p 31.77p 26.24p 28.51p 25.83p
Earnings per Share - Diluted 15.35p 31.29p 25.80p 27.81p 25.15p
Earnings per Share - Adjusted 40.10p 39.90p 32.60p 34.10p 34.10p
           
Dividend per Share 22.00p 19.95p 17.55p 17.05p 15.65p


Key Financals 31-Mar-12 31-Mar-11 31-Mar-10 31-Mar-09 31-Mar-08
Shares in Issue (millions)          
Shares in Issue - Year End 646.07 660.24 655.00 650.00 650.00
Weighted Average 649.00 652.00 643.00 634.00 635.00
Diluted 658.00 662.00 654.00 650.00 652.00
           
Performance Ratios          
Continuing Operations          
Operating Margin 12.37% 17.35% 17.94% 19.56% 21.40%
Return on Capital Employed 29.33% 52.92% 55.14% 77.89% 70.50%
Continuing Operations & Discontinued Operations          
Return on Equity 7.87% 14.78% 11.82% 14.00% 17.47%
           
Financial Status          
Continuing Operations          
Interest Cover - Continuing 6.32 9.21 10.79 7.81 10.17
Revenue per Share 259.01p 267.02p 249.61p 250.00p 205.35p
Pre-Tax Profit Per Share - Continuing 27.89p 41.56p 42.61p 46.22p 43.31p
           
Market Data          
Continuing Operations          
Earnings Per Share Growth - Basic -51% 9% -0% 13% 56%
Earnings Per Share Growth - Diluted -51% 10% 0% 13% 56%
PE Ratio - Company Adjusted 25.2 16.6 12.9 10.4 22.0
PEG - Company Adjusted n/a 1.8 n/a 0.8 0.4
Dividend Cover 0.71 1.59 1.65 1.71 1.65
Continuing Operations & Discontinued Operations          
Earnings per Share - Company Adjusted -51% 21% -8% 10% 56%
Earnings per Share - Diluted -51% 21% -7% 11% 56%
PE Ratio - Company Adjusted 25.2 16.6 14.2 10.7 22.0
PEG - Company Adjusted n/a 0.8 n/a 1.1 0.4
Dividend Cover 0.71 1.59 1.50 1.67 1.65
           
Market Capitalisation £ (Millions) 2,537.77 3,486.07 2,448.39 1,977.63 3,698.50
Dividend per Share 22.00p 19.95p 17.55p 17.05p 15.65p
Dividend Yield 5.6% 3.8% 4.7% 5.6% 2.8%
Dividend per Share Growth 10.28% 13.68% 2.93% 8.95% 27.24%

Key

* GAAP

a. Includes discontinued activities

b. Includes preference dividends

c. Not disclosed under IFRS

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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