31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | Q1 Dividend | 8.00p | 7.50p | 7.00p | 6.50p | 2.60p | Q2 Dividend | 8.00p | 7.50p | 7.00p | 6.50p | 2.80p | Q3 Dividend | 8.00p | 7.50p | 7.00p | 6.50p | 3.00p | Q4 Dividend | 10.50p | 10.50p | 9.50p | 10.00p | 3.70p | Total Dividend | 34.50p | 33.00p | 30.50p | 29.50p | 29.00p |
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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 | 20.51 | 22.68 | 20.23 | 15.45 | 19.99 |
Operating Profit/(Loss) | 18.95 | 21.19 | 18.79 | 14.08 | 18.55 |
Net Interest | (0.76) | (0.66) | (0.59) | (0.62) | (0.92) |
Profit Before Tax | 18.19 | 20.53 | 18.20 | 13.46 | 17.63 |
Profit After Tax | 18.18 | 20.54 | 18.10 | 13.47 | 17.62 |
Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
Retained Profit/(Loss) for the Financial Year | 18.18 | 20.54 | 18.10 | 13.47 | 17.62 |
Earnings per Share - Basic | 30.69p | 34.27p | 30.77p | 23.20p | 31.10p |
Earnings per Share - Diluted | 30.69p | 34.27p | 30.77p | 23.20p | 31.10p |
Earnings per Share - Adjusted | 30.69p | 34.27p | 30.77p | 23.20p | 31.10p |
Dividend per Share | 34.50p | 33.00p | 30.50p | 29.50p | 29.00p |
£ (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 | 439.13 | 445.55 | 553.18 | 447.12 | 487.78 |
439.13 | 445.55 | 553.18 | 447.12 | 487.78 | |
Current Assets | |||||
Stocks | n/a | n/a | n/a | n/a | n/a |
Debtors | 1.11 | 1.10 | 1.40 | 0.85 | 1.57 |
Cash at Bank & in Hand | 8.73 | 9.56 | 6.89 | 25.28 | 19.43 |
Other Current Assets | n/a | n/a | n/a | n/a | n/a |
Other Assets | n/a | n/a | 4.97 | n/a | n/a |
Total Assets | 448.96 | 456.21 | 566.44 | 473.25 | 508.78 |
Liabilities | |||||
Creditors: Amount Due Within 1 Year | 11.01 | 10.41 | 70.48 | 50.39 | 60.69 |
Net Current Assets | (1.33) | 0.25 | (58.16) | (24.26) | (39.69) |
Creditors: Amount Due Over 1 Year | 30.00 | 30.00 | 30.00 | 30.00 | n/a |
Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | n/a |
Other Liabilities | 0.16 | n/a | 0.94 | n/a | n/a |
Total Liabilities | 41.17 | 40.41 | 101.42 | 80.39 | 60.69 |
Net Assets | 407.80 | 415.80 | 465.02 | 392.86 | 448.09 |
Capital & Reserves | |||||
Called Up Share Capital | 15.04 | 15.04 | 14.86 | 14.65 | 14.22 |
Share Premium Account | 176.87 | 176.87 | 171.86 | 165.38 | 156.27 |
Other Reserves | 195.27 | 200.96 | 256.74 | 191.16 | 252.19 |
Profit & Loss Account | 20.62 | 22.94 | 21.56 | 21.67 | 25.42 |
Shareholders Funds | 407.80 | 415.80 | 465.02 | 392.86 | 448.09 |
Minority Interests | n/a | n/a | n/a | n/a | n/a |
Capital Employed | 407.80 | 415.80 | 465.02 | 392.86 | 448.09 |
Cash Flow | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Net Cash Flow From Operating Activities | 17.86 | 18.41 | 14.85 | 11.09 | 14.10 |
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 | 18.87 | 58.26 | (42.65) | (17.78) | (28.89) |
Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
Equity Dividends Paid | n/a | n/a | n/a | n/a | (16.00) |
Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
Financing | (37.99) | (73.97) | 9.40 | 12.55 | 29.78 |
Net Increase/Decrease In Cash | (1.26) | 2.70 | (18.40) | 5.86 | (1.01) |
Ratios | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
PE Ratio | 22.3 | 20.4 | 25.1 | 28.0 | 25.0 |
PEG | n/a | 1.9 | 0.8 | n/a | 8.3 |
EPS Growth | -10% | 11% | 33% | -25% | 3% |
Dividend Yield | 5.0% | 4.7% | 4.0% | 4.5% | 3.7% |
Dividend Cover | 0.89 | 1.04 | 1.01 | 0.79 | 1.07 |
Dividend per Share Growth | 4.55% | 8.20% | 3.39% | 1.72% | 5.45% |
Operating Cashflow Per Share | 31.65p | 32.63p | 26.32p | 19.65p | 24.99p |
Pre-tax Profit per Share | 32.24p | 36.39p | 0.33p | 23.86p | 31.24p |
Cash Increase / Decrease per Share | (2.23p) | 4.78p | (0.33p) | 10.38p | (1.79p) |
Turnover per Share | 36.35p | 40.20p | 0.36p | 27.38p | 35.43p |
Net Asset Value per Share | 722.70p | 736.88p | 824.11p | 696.22p | 794.11p |
Operating Margin | 92.39% | 93.41% | 92.88% | 91.14% | 92.78% |
ROCE | n/a | n/a | n/a | n/a | n/a |
Net Gearing | 7.95% | 7.42% | 20.33% | 14.03% | 9.21% |
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