| $ (Millions) | $ (Millions) | $ (Millions) | |
| Growth Metrics | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Annualisation Factor | 1.0 | 1.0 | 1.0 |
| Dividend Yield | 4.8% | 3.7% | 9.3% |
| Continuing Operations | |||
| PE Ratio - Adjusted | 43.5 | 27.2 | 2.2 |
| PE Ratio - Diluted | n/a 194.8 |
n/a 29.6 |
1.3 2.2 |
| PEG - Adjusted | n/a | n/a | n/a |
| PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
| Return on Capital Employed | 0.95% 1.10% |
0.63% 1.82% |
23.94% 14.30% |
| Operating Margin | 5.20% 6.18% |
2.32% 7.91% |
59.33% 35.78% |
| Continuing & Discontinued Operations | |||
| PE Ratio - Adjusted | 43.5 | 27.2 | 2.2 |
| PE Ratio - Diluted | n/a 194.8 |
n/a 29.6 |
1.3 2.2 |
| PEG - Adjusted | n/a | n/a | n/a |
| PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
| $ (Millions) | $ (Millions) | $ (Millions) | |
| Gearing | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Net Gearing | 66.09% | 62.69% | 48.74% |
| $ (Millions) | $ (Millions) | $ (Millions) | |
| Value Metrics | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Price/Book Value | n/a | n/a | n/a |
| Price/Tangible Book Value | n/a | n/a | n/a |
| Price/ Cash Flow | n/a | n/a | n/a |
| Price/Revenue | n/a | n/a | n/a |
| Price/R&D | n/a | n/a | n/a |
| Net Asset Value per Share (exc. Intangibles) | 331.83¢ | 334.47¢ | 340.82¢ |
| Net Cash per Share | n/a | n/a | n/a |
| $ (Millions) | $ (Millions) | $ (Millions) | |
| Annualised Fundamentals | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Continuing Operations | |||
| Revenue | 88.18 | 94.01 | 154.97 |
| EBITDA | 44.03 44.90 |
40.76 46.02 |
124.33 87.84 |
| Depreciation | (39.44) (39.44) |
(38.58) (38.58) |
(32.40) (32.40) |
| Net Interest | (4.74) (4.74) |
(3.54) (3.54) |
(4.36) (4.36) |
| Profit Before Tax | (0.15) 0.72 |
(1.36) 3.89 |
87.58 51.09 |
| Revenue per Share | 109.93¢ | 133.53¢ | 221.62¢ |
| Pre-Tax Profit per Share | (0.19¢) 0.89¢ |
(1.94¢) 5.53¢ |
125.25¢ 73.07¢ |
| Market Capitalisation $ (Millions) | 105.07 | 76.72 | 72.97 |
| Enterprise Value (EV) $ (Millions) | 319.07 | 229.64 | 217.04 |
| EBITDA/EV | 13.80% 14.07% |
17.75% 20.04% |
57.29% 40.47% |
| Operating Margin | 5.20% 6.18% |
2.32% 7.91% |
59.33% 35.78% |
| Capital Employed $ (Millions) | 494.78 | 407.73 | 387.74 |
| Return on Capital Employed | 0.95% 1.10% |
0.63% 1.82% |
23.94% 14.30% |
| Invested Equity Capital $ (Millions) | 266.18 | 235.48 | 238.32 |
| Earnings per Share - Basic | (0.20¢) 0.89¢ |
(2.00¢) 5.53¢ |
125.00¢ 73.07¢ |
| Earnings per Share - Diluted | (0.20¢) 0.89¢ |
(2.00¢) 5.53¢ |
125.00¢ 73.07¢ |
| Earnings per Share - Adjusted | 4.00¢ | 6.00¢ | 73.00¢ |
| Earnings per Share Growth - Basic | n/a -84% |
n/a -92% |
n/a n/a |
| Earnings per Share Growth - Diluted | n/a -84% |
n/a -92% |
n/a n/a |
| Earnings per Share Growth - Adjusted | -33% | -92% | n/a |
| PE Ratio - Diluted | n/a 194.8 |
n/a 29.6 |
1.3 2.2 |
| PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
| Tax Rate | n/a | n/a | n/a |
| Dividend Cover | 0.47 0.11 |
1.00 0.92 |
4.99 4.99 |
| Interest Cover | 0.97 1.13 |
0.66 1.96 |
16.43 10.00 |
| Continuing & Discontinued Operations | |||
| Earnings per Share - Basic | (0.20¢) 0.89¢ |
(2.00¢) 5.53¢ |
125.00¢ 73.07¢ |
| Earnings per Share - Diluted | (0.20¢) 0.89¢ |
(2.00¢) 5.53¢ |
125.00¢ 73.07¢ |
| Earnings per Share - Adjusted | 4.00¢ | 6.00¢ | 73.00¢ |
| Earnings per Share Growth - Basic | n/a -84% |
n/a -92% |
n/a n/a |
| Earnings per Share Growth - Diluted | n/a -84% |
n/a -92% |
n/a n/a |
| Earnings per Share Growth - Adjusted | -33% | -92% | n/a |
| PE Ratio - Diluted | n/a 194.8 |
n/a 29.6 |
1.3 2.2 |
| PEG - Diluted | n/a n/a |
n/a n/a |
n/a n/a |
| Dividend Cover | 0.47 0.11 |
1.00 0.92 |
4.99 4.99 |
| Return on Equity (ROE) | (0.06%) 0.27% |
(0.58%) 1.65% |
36.75% 21.44% |
| Operating Cash Flow per Share | 67.41¢ | 42.43¢ | 127.12¢ |
| Gross Cash Flow per Share | cn/a | cn/a | cn/a |
| Cash Incr/Decr per Share | 33.58¢ | (12.47¢) | 18.96¢ |
| Capital Expenditure per Share | n/a | n/a | n/a |
| Dividend per Share | 8.43¢ | 5.98¢ | 14.63¢ |
| Dividend per Share Growth | 40.97% | (59.13%) | n/a |
| Dividend Yield | 4.8% | 3.7% | 9.3% |
| Shareholders Funds | 266.18 | 235.48 | 238.32 |
| Net Borrowings $ (Millions) | 175.92 | 147.63 | 116.17 |
| Net Asset Value per Share (inc. Intangibles) | 331.83¢ | 334.47¢ | 340.82¢ |
| $ (Millions) | $ (Millions) | $ (Millions) | |
| Gearing - inc Intangibles | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Shareholders' Funds inc Intangibles | 266.18 | 235.48 | 238.32 |
| Net Borrowings $ (Millions) | 175.92 | 147.63 | 116.17 |
| Net Gearing | 66.09% | 62.69% | 48.74% |
| Cash & Near Cash | 52.68 | 24.62 | 33.26 |
| Cash | 19.79% | 10.45% | 13.95% |
| Gross Borrowings | 228.60 | 172.25 | 149.42 |
| Gross Gearing | 85.88% | 73.15% | 62.70% |
| Borrowings Under 5 years | 228.60 | 172.25 | 149.42 |
| Under 5 years | 85.88% | 73.15% | 62.70% |
| Borrowings Under 1 year | n/a | n/a | n/a |
| Under 1 year | n/a | n/a | n/a |
| $ (Millions) | $ (Millions) | $ (Millions) | |
| Gearing - exc Intangibles | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Shareholders' Funds exc Intangibles | 266.18 | 235.48 | 238.32 |
| Net Borrowings $ (Millions) | 175.92 | 147.63 | 116.17 |
| Net Gearing | 66.09% | 62.69% | 48.74% |
| Cash & Near Cash | 52.68 | 24.62 | 33.26 |
| Cash | 19.79% | 10.45% | 13.95% |
| Gross Borrowings | 228.60 | 172.25 | 149.42 |
| Gross Gearing | 85.88% | 73.15% | 62.70% |
| Borrowings Under 5 years | 228.60 | 172.25 | 149.42 |
| Under 5 years | 85.88% | 73.15% | 62.70% |
| Borrowings Under 1 year | n/a | n/a | n/a |
| Under 1 year | n/a | n/a | n/a |
| $ (Millions) | $ (Millions) | $ (Millions) | |
| Cover | 31-Dec-10 | 31-Dec-09 | 31-Dec-08 |
| Quick Ratio | n/a | 1.09 | 0.68 |
| Current Ratio | 1.18 | 1.10 | 0.69 |
* 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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