Standard Life (SL.)

Sector:

Life Insurance

Index:

FTSE 100

414.50p
   
  • Change Today:
      3.70p
  • 52 Week High: 415.30p
  • 52 Week Low: 201.50p
  • Currency: UK Pounds
  • Shares Issued: 2,358.12m
  • Volume: 3,737,710
  • Market Cap: £9,774m
  • RiskGrade: 154
  • Beta: 1.51

Dividend Data

  31-Dec-1231-Dec-1131-Dec-1031-Dec-0931-Dec-08
Interim Dividend4.90p4.60p4.35p4.15p4.07p
Final Dividend9.80p9.20p8.65p8.09p7.70p
Total Dividend14.70p13.80p13.00p12.24p11.77p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations          
Revenue 4,315.00 3,343.00 3,244.00 3,296.00 3,564.00
Operating Profit/(Loss) 1,025.00 660.00 1,060.00 554.00 (398.00)
Profit Before Tax 996.00 595.00 971.00 410.00 (406.00)
Profit After Tax 727.00 346.00 473.00 131.00 66.00
Discontinued Operations          
Profit After Tax n/a n/a 20.00 49.00 (49.00)
PROFIT FOR THE PERIOD 727.00 346.00 493.00 180.00 17.00
Attributable to:          
Equity Holders of Parent Company 698.00 298.00 432.00 213.00 100.00
Minority Interests 29.00 48.00 61.00 (33.00) (83.00)
           
Continuing EPS          
Earnings per Share - Basic 29.70p 13.00p 18.40p 7.50p 6.90p
Earnings per Share - Diluted 29.50p 12.90p 18.30p 7.50p 6.90p
Earnings per Share - Adjusted 29.70p 13.00p 18.40p 7.50p 7.90p
Continuing and Discontinued EPS          
Earnings per Share - Basic 29.70p 13.00p 19.30p 9.70p 4.60p
Earnings per Share - Diluted 29.50p 12.90p 19.20p 9.70p 4.60p
Earnings per Share - Adjusted 29.70p 13.00p 19.30p 9.70p 7.90p
           
Dividend per Share 14.70p 13.80p 13.00p 12.24p 11.77p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Assets          
Property, Plant & Equipment 156.00 160.00 164.00 161.00 740.00
Intangible Assets 214.00 200.00 135.00 106.00 112.00
Investment Properties 8,565.00 8,743.00 8,410.00 7,111.00 7,738.00
Investments 139,441.00 126,033.00 124,758.00 108,350.00 93,814.00
Other Financial Assets 5,449.00 5,431.00 4,479.00 3,998.00 2,800.00
Insurance/Re-Insurance Assets 6,912.00 6,818.00 6,962.00 7,032.00 6,076.00
           
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables n/a n/a n/a n/a 12,069.00
Cash at Bank & in Hand 9,942.00 9,187.00 5,805.00 7,436.00 10,052.00
Other Current Assets n/a n/a n/a n/a n/a
Other Assets 3,422.00 3,551.00 3,403.00 12,419.00 3,579.00
Total Assets 174,101.00 160,123.00 154,116.00 146,613.00 136,980.00
           
Liabilities          
Insurance Contracts 144,869.00 135,111.00 132,638.00 118,244.00 106,071.00
Provisions for Risks and Charges n/a n/a n/a n/a n/a
Other Insurance Liabilities 6,517.00 6,281.00 6,021.00 6,104.00 5,968.00
Borrowings 1,976.00 1,356.00 2,044.00 2,059.00 5,431.00
Provisions 178.00 260.00 291.00 199.00 n/a
Other Liabilities 15,865.00 12,796.00 8,884.00 16,254.00 15,769.00
Total Liabilities 169,405.00 155,804.00 149,878.00 142,860.00 133,239.00
           
Net Assets 4,696.00 4,319.00 4,238.00 3,753.00 3,741.00
           
Capital & Reserves          
Share Capital 236.00 235.00 228.00 224.00 218.00
Share Premium Account 1,110.00 1,110.00 976.00 888.00 792.00
Other Reserves 1,572.00 1,586.00 1,605.00 1,660.00 1,623.00
Retained Earnings 1,437.00 1,030.00 1,094.00 685.00 774.00
Shareholders Funds 4,355.00 3,961.00 3,903.00 3,457.00 3,407.00
           
Minority Interests/Other Equity 341.00 358.00 335.00 296.00 334.00
Total Equity 4,696.00 4,319.00 4,238.00 3,753.00 3,741.00
Cash Flow 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Net Cash Flow From Operating Activities (2,226.00) 2,390.00 (4,082.00) (1,716.00) 2,304.00
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 (72.00) (118.00) (1,218.00) 19.00 (201.00)
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 3,150.00 1,197.00 2,159.00 628.00 (1,417.00)
Net Increase/Decrease In Cash 852.00 3,469.00 (3,141.00) (1,069.00) 686.00
Ratios - based on IFRS 31-Dec-12 31-Dec-11 31-Dec-10 31-Dec-09 31-Dec-08
Continuing Operations          
PE Ratio - Adjusted 11.2 15.9 11.7 28.9 25.6
PEG - Adjusted 0.1 n/a 0.1 n/a n/a
Earnings per Share Growth - Adjusted 128% -29% 145% -5% -64%
Dividend Cover 2.02 0.94 1.42 0.61 0.67
Revenue per Share 183.54p 145.28p 144.69p 149.75p 163.79p
Pre-Tax Profit per Share 42.37p 25.86p 43.31p 18.63p (18.66p)
Operating Margin 23.75% 19.74% 32.68% 16.81% (11.17%)
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 11.2 15.9 11.2 22.3 25.6
PEG - Adjusted 0.1 n/a 0.1 1.0 n/a
Earnings per Share Growth - Adjusted 128% -33% 99% 23% n/a
Dividend Cover 2.02 0.94 1.48 0.79 0.67
           
Dividend Yield 4.4% 6.7% 6.0% 5.7% 5.8%
Dividend per Share Growth 6.52% 6.15% 6.21% 3.99% 2.35%
Operating Cash Flow per Share (94.68p) 103.87p (182.07p) (77.97p) 105.88p
Cash Incr/Decr per Share 36.24p 150.76p (140.10p) (48.57p) 31.53p
Net Asset Value per Share (exc. Intangibles) 190.64p 179.01p 183.01p 165.70p 166.77p
Net Gearing n/a n/a n/a n/a n/a

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.

 

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