31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 1st Interim | 2.40p | 12.00p | 12.00p | 12.00p | 12.00p | 2nd Interim | 2.40p | 12.00p | 12.00p | 12.00p | 12.00p | Final Dividend | 4.30p | 20.00p | n/a | n/a | 5.95p | Total Dividend | 11.50p | 56.00p | 55.00p | 54.50p | 53.50p |
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£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Income Statement | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Turnover | 88.83 | 88.75 | 78.74 | 68.92 | 82.42 |
Operating Profit/(Loss) | 84.96 | 85.07 | 74.90 | 64.90 | 78.17 |
Net Interest | (1.24) | (1.41) | (1.22) | (1.19) | (1.28) |
Profit Before Tax | 83.72 | 83.66 | 73.68 | 63.71 | 76.89 |
Profit After Tax | 75.89 | 75.26 | 66.13 | 60.20 | 69.75 |
Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
Retained Profit/(Loss) for the Financial Year | 75.89 | 75.26 | 66.13 | 60.20 | 69.75 |
Earnings per Share - Basic | 12.10p | 12.00p | 10.34p | 9.32p | 10.82p |
Earnings per Share - Diluted | 12.10p | 12.00p | 10.34p | 9.32p | 10.82p |
Earnings per Share - Adjusted | 12.10p | 12.00p | 10.34p | 9.32p | 10.82p |
Dividend per Share | 11.50p | 11.20p | 11.00p | 10.90p | 10.70p |
£ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
Balance Sheet | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Fixed Assets | |||||
Intangible Assets | n/a | n/a | n/a | n/a | n/a |
Tangible Assets | n/a | n/a | n/a | n/a | n/a |
Fixed Investments | 1,787.86 | 1,784.82 | 1,739.31 | 1,646.41 | 1,701.57 |
1,787.86 | 1,784.82 | 1,739.31 | 1,646.41 | 1,701.57 | |
Current Assets | |||||
Stocks | n/a | n/a | n/a | n/a | n/a |
Debtors | 18.22 | 16.50 | 15.38 | 14.41 | 14.78 |
Cash at Bank & in Hand | 5.88 | 18.13 | 8.70 | 3.21 | 30.04 |
Other Current Assets | n/a | n/a | n/a | n/a | n/a |
Other Assets | n/a | n/a | n/a | n/a | n/a |
Total Assets | 1,811.96 | 1,819.45 | 1,763.39 | 1,664.02 | 1,746.39 |
Liabilities | |||||
Creditors: Amount Due Within 1 Year | 33.19 | 62.83 | 62.49 | 52.39 | 57.63 |
Net Current Assets | (9.10) | (28.19) | (38.49) | (34.77) | (12.81) |
Creditors: Amount Due Over 1 Year | 109.90 | 139.88 | 139.84 | 149.80 | 149.70 |
Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | n/a |
Other Liabilities | n/a | n/a | n/a | n/a | n/a |
Total Liabilities | 143.10 | 202.70 | 202.33 | 202.20 | 207.34 |
Net Assets | 1,668.86 | 1,616.75 | 1,561.07 | 1,461.83 | 1,539.06 |
Capital & Reserves | |||||
Called Up Share Capital | 32.35 | 32.35 | 32.35 | 32.35 | 32.33 |
Share Premium Account | 363.46 | 362.97 | 362.97 | 362.97 | 361.99 |
Other Reserves | 1,197.92 | 1,152.19 | 1,102.78 | 999.74 | 1,068.99 |
Profit & Loss Account | 75.13 | 69.24 | 62.97 | 66.76 | 75.75 |
Shareholders Funds | 1,668.86 | 1,616.75 | 1,561.07 | 1,461.83 | 1,539.06 |
Minority Interests | n/a | n/a | n/a | n/a | n/a |
Capital Employed | 1,668.86 | 1,616.75 | 1,561.07 | 1,461.83 | 1,539.06 |
Cash Flow | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Net Cash Flow From Operating Activities | 67.37 | 67.48 | 58.13 | 55.30 | 61.40 |
Returns On Investment & Servicing of Finance | n/a | n/a | n/a | n/a | n/a |
Taxation Paid | n/a | n/a | n/a | n/a | n/a |
Capital Expenditure | 60.27 | 20.93 | 47.08 | (0.89) | (0.51) |
Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
Equity Dividends Paid | (70.00) | (68.98) | (69.93) | (69.18) | n/a |
Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
Financing | (69.56) | (10.08) | (29.05) | (8.31) | (38.33) |
Net Increase/Decrease In Cash | (11.92) | 9.34 | 6.24 | (23.08) | 22.56 |
Ratios | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
PE Ratio | 21.3 | 22.2 | 22.4 | 24.2 | 23.3 |
PEG | 21.3 | 1.4 | 2.0 | n/a | 2.6 |
EPS Growth | 1% | 16% | 11% | -14% | 9% |
Dividend Yield | 4.5% | 4.2% | 4.8% | 4.8% | 4.2% |
Dividend Cover | 1.05 | 1.07 | 0.94 | 0.86 | 1.01 |
Dividend per Share Growth | 2.68% | 1.82% | 0.92% | 1.87% | 3.88% |
Operating Cashflow Per Share | 11.11p | 11.13p | 9.59p | 9.12p | 10.12p |
Pre-tax Profit per Share | 13.80p | 13.79p | 0.12p | 10.51p | 12.68p |
Cash Increase / Decrease per Share | (1.96p) | 1.54p | 0.010p | (3.81p) | 3.72p |
Turnover per Share | 14.65p | 14.63p | 0.13p | 11.36p | 13.59p |
Net Asset Value per Share | 275.17p | 266.57p | 257.39p | 241.03p | 253.76p |
Operating Margin | 95.64% | 95.86% | 95.13% | 94.17% | 94.85% |
ROCE | n/a | n/a | n/a | n/a | n/a |
Net Gearing | 8.22% | 11.42% | 12.40% | 13.61% | 11.52% |
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