31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | 1st Interim | 2.50p | 2.30p | 2.25p | 2.25p | 2.25p | 2nd Interim | 2.50p | 2.30p | 2.25p | 2.25p | 2.25p | 3rd Interim | 2.50p | 2.30p | 2.25p | 2.25p | 2.25p | 4th Interim | 4.25p | 3.10p | 2.75p | 2.55p | 2.50p | Total Dividend | 11.75p | 10.00p | 9.50p | 9.30p | 9.25p |
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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 | 24.02 | 21.84 | 20.20 | 16.94 | 21.00 |
Operating Profit/(Loss) | 21.94 | 19.59 | 17.92 | 14.90 | 18.67 |
Net Interest | (0.81) | (0.47) | (0.24) | (0.33) | (0.43) |
Profit Before Tax | 21.13 | 19.12 | 17.69 | 14.57 | 18.24 |
Profit After Tax | 20.19 | 17.43 | 15.66 | 13.09 | 16.77 |
Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
Retained Profit/(Loss) for the Financial Year | 20.19 | 17.43 | 15.66 | 13.09 | 16.77 |
Earnings per Share - Basic | 11.97p | 10.23p | 8.95p | 7.41p | 9.42p |
Earnings per Share - Diluted | 11.97p | 10.23p | 8.95p | 7.41p | 9.42p |
Earnings per Share - Adjusted | 11.97p | 10.23p | 8.95p | 7.41p | 9.42p |
Dividend per Share | 11.75p | 10.00p | 9.50p | 9.30p | 9.25p |
£ (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 | 429.64 | 448.32 | 497.37 | 462.82 | 435.98 |
429.64 | 448.32 | 497.37 | 462.82 | 435.98 | |
Current Assets | |||||
Stocks | n/a | n/a | n/a | n/a | n/a |
Debtors | 2.91 | 1.17 | 1.44 | 1.42 | 1.57 |
Cash at Bank & in Hand | 1.56 | 7.33 | 3.27 | 6.18 | 3.46 |
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 | 434.11 | 456.83 | 502.08 | 470.42 | 441.01 |
Liabilities | |||||
Creditors: Amount Due Within 1 Year | 33.63 | 32.27 | 39.71 | 38.25 | 27.54 |
Net Current Assets | (29.15) | (23.77) | (35.00) | (30.65) | (22.51) |
Creditors: Amount Due Over 1 Year | n/a | 9.98 | 11.58 | 0.69 | 10.00 |
Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | 0.07 |
Other Liabilities | 1.62 | 1.12 | n/a | n/a | n/a |
Total Liabilities | 35.24 | 43.38 | 51.29 | 38.95 | 37.61 |
Net Assets | 398.87 | 413.45 | 450.79 | 431.48 | 403.40 |
Capital & Reserves | |||||
Called Up Share Capital | 194.93 | 194.93 | 194.93 | 194.93 | 194.93 |
Share Premium Account | n/a | n/a | n/a | n/a | n/a |
Other Reserves | 189.11 | 205.97 | 244.29 | 224.31 | 192.97 |
Profit & Loss Account | 14.83 | 12.54 | 11.57 | 12.23 | 15.50 |
Shareholders Funds | 398.87 | 413.45 | 450.79 | 431.48 | 403.40 |
Minority Interests | n/a | n/a | n/a | n/a | n/a |
Capital Employed | 398.87 | 413.45 | 450.79 | 431.48 | 403.40 |
Cash Flow | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Net Cash Flow From Operating Activities | 16.04 | 12.82 | 12.19 | 10.91 | 12.81 |
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 | 9.68 | 20.52 | 0.16 | 11.70 | 5.50 |
Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
Equity Dividends Paid | (17.91) | (16.46) | (16.33) | n/a | n/a |
Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
Financing | (13.41) | (12.77) | 1.18 | (19.86) | (18.47) |
Net Increase/Decrease In Cash | (5.61) | 4.12 | (2.80) | 2.76 | (0.16) |
Ratios | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
PE Ratio | 17.4 | 21.0 | 25.8 | 30.8 | 22.7 |
PEG | 1.0 | 1.5 | 1.2 | n/a | 11.4 |
EPS Growth | 17% | 14% | 21% | -21% | 2% |
Dividend Yield | 5.6% | 4.7% | 4.1% | 4.1% | 4.3% |
Dividend Cover | 1.02 | 1.02 | 0.94 | 0.80 | 1.02 |
Dividend per Share Growth | 17.50% | 5.26% | 2.15% | 0.54% | 1.09% |
Operating Cashflow Per Share | 10.56p | 8.44p | 8.03p | 7.19p | 8.44p |
Pre-tax Profit per Share | 13.92p | 12.60p | 0.12p | 9.60p | 12.02p |
Cash Increase / Decrease per Share | (3.69p) | 2.71p | (0.019p) | 1.82p | (0.10p) |
Turnover per Share | 15.82p | 14.39p | 0.13p | 11.16p | 13.83p |
Net Asset Value per Share | 262.76p | 272.36p | 296.96p | 284.24p | 265.75p |
Operating Margin | 91.33% | 89.71% | 88.75% | 87.96% | 88.90% |
ROCE | n/a | n/a | n/a | n/a | n/a |
Net Gearing | 8.44% | 8.72% | 10.65% | 7.59% | 8.47% |
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