Associated British Foods (ABF)

1,761.00p
   
  • Change Today:
      18.00p
  • 52 Week High: 2,031.00p
  • 52 Week Low: 1,224.00p
  • Currency: UK Pounds
  • Shares Issued: 791.67m
  • Volume: 1,048,453
  • Market Cap: £13,941m
  • RiskGrade: 131
  • Beta: 0.82

Dividend Data

  15-Sep-1217-Sep-1118-Sep-1012-Sep-0913-Sep-08
Interim Dividend8.50p7.90p7.60p6.90p6.75p
Final Dividend20.00p16.85p16.20p14.10p13.50p
Total Dividend28.50p24.75p23.80p21.00p20.25p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 15-Sep-12 17-Sep-11 18-Sep-10 12-Sep-09 13-Sep-08
Continuing Operations          
Revenue 12,252.00 11,065.00 10,167.00 9,255.00 8,235.00
Operating Profit/(Loss) 846.00 805.00 803.00 615.00 539.00
Net Interest (105.00) (92.00) (84.00) (65.00) (32.00)
Profit Before Tax 761.00 757.00 763.00 495.00 527.00
Profit After Tax 583.00 577.00 569.00 383.00 391.00
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 583.00 577.00 569.00 383.00 391.00
Attributable to:          
Equity Holders of Parent Company 555.00 541.00 546.00 359.00 357.00
Minority Interests 28.00 36.00 23.00 24.00 34.00
           
Continuing EPS          
Earnings per Share - Basic 70.30p 68.70p 69.30p 45.50p 45.20p
Earnings per Share - Diluted 70.30p 68.70p 69.30p 45.50p 45.20p
Earnings per Share - Adjusted 87.20p 74.00p 72.20p 57.70p 54.90p
Continuing and Discontinued EPS          
Earnings per Share - Basic 70.30p 68.70p 69.30p 45.50p 45.20p
Earnings per Share - Diluted 70.30p 68.70p 69.30p 45.50p 45.20p
Earnings per Share - Adjusted 87.20p 74.00p 72.20p 57.70p 54.90p
           
Dividend per Share 28.50p 24.75p 23.80p 21.00p 20.25p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 15-Sep-12 17-Sep-11 18-Sep-10 12-Sep-09 13-Sep-08
Assets          
Non-Current Assets          
Property, Plant & Equipment 4,630.00 4,564.00 4,038.00 3,611.00 3,176.00
Intangible Assets 1,769.00 1,893.00 1,925.00 1,913.00 1,815.00
Investment Properties n/a n/a n/a n/a n/a
Investments 214.00 194.00 159.00 154.00 98.00
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 358.00 388.00 371.00 340.00 282.00
  6,971.00 7,039.00 6,493.00 6,018.00 5,371.00
Current Assets          
Inventories 1,500.00 1,425.00 1,238.00 1,262.00 1,042.00
Trade & Other Receivables 1,236.00 1,259.00 1,079.00 1,121.00 1,228.00
Cash at Bank & in Hand 391.00 341.00 345.00 383.00 348.00
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 142.00 138.00 133.00 249.00 162.00
  3,269.00 3,163.00 2,795.00 3,015.00 2,780.00
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 10,240.00 10,202.00 9,288.00 9,033.00 8,151.00
           
Liabilities          
Current Liabilities          
Borrowings 538.00 729.00 367.00 584.00 278.00
Other Current Liabilities 2,050.00 1,813.00 1,760.00 1,876.00 1,564.00
  2,588.00 2,542.00 2,127.00 2,460.00 1,842.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 914.00 897.00 794.00 806.00 870.00
Provisions 404.00 509.00 524.00 569.00 550.00
Other Non-Current Liabilities 113.00 79.00 99.00 122.00 45.00
  1,431.00 1,485.00 1,417.00 1,497.00 1,465.00
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 4,019.00 4,027.00 3,544.00 3,957.00 3,307.00
           
Net Assets 6,221.00 6,175.00 5,744.00 5,076.00 4,844.00
           
Capital & Reserves          
Share Capital 45.00 45.00 45.00 47.00 47.00
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 690.00 887.00 777.00 580.00 419.00
Retained Earnings 5,099.00 4,816.00 4,471.00 4,121.00 4,088.00
Shareholders Funds 5,834.00 5,748.00 5,293.00 4,748.00 4,554.00
           
Minority Interests/Other Equity 387.00 427.00 451.00 328.00 290.00
Total Equity 6,221.00 6,175.00 5,744.00 5,076.00 4,844.00
Cash Flow 15-Sep-12 17-Sep-11 18-Sep-10 12-Sep-09 13-Sep-08
Net Cash Flow From Operating Activities 1,240.00 736.00 1,172.00 833.00 553.00
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (706.00) (881.00) (802.00) (622.00) (689.00)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (562.00) 120.00 (446.00) (74.00) (20.00)
Net Increase/Decrease In Cash (28.00) (25.00) (76.00) 137.00 (156.00)
Ratios - based on IFRS 15-Sep-12 17-Sep-11 18-Sep-10 12-Sep-09 13-Sep-08
Continuing Operations          
PE Ratio - Adjusted 14.6 15.1 14.5 14.5 14.1
PEG - Adjusted 0.8 7.6 0.6 2.9 3.5
Earnings per Share Growth - Adjusted 18% 2% 25% 5% 4%
Dividend Cover 3.06 2.99 3.03 2.75 2.71
Revenue per Share 1,552.85p 1,404.19p 1,290.23p 1,173.00p 1,042.40p
Pre-Tax Profit per Share 96.45p 96.07p 96.83p 62.74p 66.71p
Operating Margin 6.90% 7.28% 7.90% 6.65% 6.55%
Return on Capital Employed 13.73% 13.23% 15.39% 10.93% 11.83%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 14.6 15.1 14.5 14.5 14.1
PEG - Adjusted 0.8 7.6 0.6 2.9 3.5
Earnings per Share Growth - Adjusted 18% 2% 25% 5% 4%
Dividend Cover 3.06 2.99 3.03 2.75 2.71
           
Dividend Yield 2.2% 2.2% 2.3% 2.5% 2.6%
Dividend per Share Growth 15.15% 3.99% 13.33% 3.70% 3.85%
Operating Cash Flow per Share 157.16p 93.40p 148.73p 105.58p 70.00p
Cash Incr/Decr per Share (3.55p) (3.17p) (9.64p) 17.36p (19.75p)
Net Asset Value per Share (exc. Intangibles) 564.26p 543.40p 484.64p 400.89p 383.42p
Net Gearing 18.19% 22.36% 15.42% 21.21% 17.57%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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.

 

Top of Page