stagecoach group profits 2011
DESCRIPTION
Stagecoach Group Profits 2011TRANSCRIPT
page 110 | Stagecoach Group plc
Five year financial summary – consolidated
2011 2010 2009 2008 2007**
£m £m £m £m £m
Results
Revenue 2,389.8 2,164.4 2,103.3 1,763.6 1,504.6Operating profit 225.0 179.1 202.4 192.3 180.9Net finance (costs)/income (34.5) (51.2) (31.4) (23.6) 0.7Profit before taxation 191.2 125.9 170.8 167.3 184.1Tax (charge)/credit (33.3) (18.1) (37.3) 61.9 (43.6)Profit attributable to equity shareholders of the parent 176.4 111.7 133.5 249.1 277.3
Net assets/(liabilities)
Non-current assets 1,167.8 994.7 992.9 880.7 779.4Current assets 658.6 627.2 517.2 502.0 669.1Current liabilities (excluding provisions) (612.6) (598.5) (893.7) (558.1) (445.1)Non-current liabilities (excluding provisions) (784.1) (875.1) (486.1) (625.0) (382.7)Provisions (183.5) (135.6) (139.9) (119.2) (108.4)
Total equity 246.2 12.7 (9.6) 80.4 512.3
Cash and debt
Cash at bank and in hand 358.3 375.7 277.3 262.2 513.3Gross debt*** (639.2) (672.4) (617.4) (581.9) (326.9)
Net (debt)/funds*** (280.9) (296.7) (340.1) (319.7) 186.4
Cash flow
Net cash flow from operating activities after tax 231.8 216.4 277.8 325.0 162.3
Ratios
Adjusted earnings per ordinary share* 23.8p 18.7p 22.9p 20.3p 11.7pDividends per ordinary share 7.1p 6.5p 6.0p 5.4p 4.1p
Net cash from operating activities after tax per ordinary share 32.3p 30.2p 38.9p 45.1p 14.9p
Ordinary shares in issue at year end 720.1m 720.1m 719.5m 718.1m 1,101.0m
*before intangible asset expenses and exceptional items
**discontinued operations as defined under IFRS accounting are excluded from operating profit for 2007.
*** as defined in note 36 to the consolidated financial statements.