31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 | Q1 Dividend | 1.85p | 1.75p | 1.75p | 2.50p | 2.50p | Q2 Dividend | 1.85p | 1.75p | 1.75p | 2.50p | 2.50p | Q3 Dividend | 1.85p | 1.75p | 1.75p | 2.50p | 2.50p | Q4 Dividend | 1.85p | 1.75p | 1.75p | 2.70p | 2.70p | Total Dividend | 7.40p | 7.00p | 7.00p | 10.20p | 10.20p |
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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 | 2.15 | 2.03 | 1.97 | 2.47 | 2.76 |
Operating Profit/(Loss) | 1.55 | 1.40 | 1.37 | 1.78 | 2.13 |
Net Interest | n/a | n/a | n/a | (0.01) | n/a |
Profit Before Tax | 1.55 | 1.40 | 1.37 | 1.77 | 2.13 |
Profit After Tax | 1.48 | 1.33 | 1.35 | 1.68 | 1.96 |
Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
Retained Profit/(Loss) for the Financial Year | 1.48 | 1.33 | 1.35 | 1.68 | 1.96 |
Earnings per Share - Basic | 8.11p | 7.29p | 7.43p | 9.32p | 10.81p |
Earnings per Share - Diluted | 8.11p | 7.29p | 7.43p | 9.32p | 10.81p |
Earnings per Share - Adjusted | 8.11p | 7.29p | 7.43p | 9.32p | 10.81p |
Dividend per Share | 7.40p | 7.00p | 7.00p | 10.20p | 10.20p |
£ (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 | 42.02 | 48.12 | 52.69 | 45.15 | 53.63 |
42.02 | 48.12 | 52.69 | 45.15 | 53.63 | |
Current Assets | |||||
Stocks | n/a | n/a | n/a | n/a | n/a |
Debtors | 0.23 | 0.21 | 0.19 | 0.14 | 0.22 |
Cash at Bank & in Hand | 1.29 | 0.55 | 0.56 | 0.36 | 1.05 |
Other Current Assets | n/a | n/a | 0.12 | 0.19 | 0.52 |
Other Assets | n/a | n/a | n/a | n/a | n/a |
Total Assets | 43.54 | 48.88 | 53.56 | 45.85 | 55.41 |
Liabilities | |||||
Creditors: Amount Due Within 1 Year | 0.23 | 0.19 | 0.16 | 0.19 | 0.21 |
Net Current Assets | 1.29 | 0.57 | 0.16 | 45.65 | 1.58 |
Creditors: Amount Due Over 1 Year | 16.53 | 15.74 | 14.99 | 14.28 | n/a |
Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | n/a |
Other Liabilities | n/a | 0.40 | n/a | n/a | 28.99 |
Total Liabilities | 16.76 | 16.33 | 15.15 | 14.47 | 29.20 |
Net Assets | 26.78 | 32.54 | 38.41 | 31.38 | 26.22 |
Capital & Reserves | |||||
Called Up Share Capital | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
Share Premium Account | 8.96 | 8.96 | 8.96 | 8.70 | 8.70 |
Other Reserves | 16.26 | 22.17 | 28.09 | 21.22 | 15.90 |
Profit & Loss Account | 1.38 | 1.23 | 1.18 | 1.27 | 1.43 |
Shareholders Funds | 26.78 | 32.54 | 38.41 | 31.38 | 26.22 |
Minority Interests | n/a | n/a | n/a | n/a | n/a |
Capital Employed | 26.78 | 32.54 | 38.41 | 31.38 | 26.22 |
Cash Flow | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
Net Cash Flow From Operating Activities | 1.31 | 1.07 | 1.02 | 1.11 | 1.82 |
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 | 0.80 | (0.10) | 0.41 | 16.18 | 0.11 |
Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
Equity Dividends Paid | n/a | n/a | (1.45) | n/a | n/a |
Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
Financing | (1.33) | (1.28) | 0.26 | (17.88) | (1.84) |
Net Increase/Decrease In Cash | 0.78 | (0.30) | 0.24 | (0.59) | 0.09 |
Ratios | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | 31-Dec-20 | 31-Dec-19 |
PE Ratio | 14.6 | 21.3 | 26.4 | 16.9 | 12.0 |
PEG | 1.3 | n/a | n/a | n/a | 2.4 |
EPS Growth | 11% | -2% | -20% | -14% | 5% |
Dividend Yield | 6.2% | 4.5% | 3.6% | 6.5% | 7.8% |
Dividend Cover | 1.10 | 1.04 | 1.06 | 0.91 | 1.06 |
Dividend per Share Growth | 5.71% | n/a | (31.37%) | n/a | n/a |
Operating Cashflow Per Share | 7.21p | 5.88p | 5.60p | 6.06p | 9.98p |
Pre-tax Profit per Share | 8.48p | 7.68p | 0.076p | 9.72p | 11.66p |
Cash Increase / Decrease per Share | 4.29p | (1.65p) | 0.014p | (3.25p) | 0.50p |
Turnover per Share | 11.78p | 11.15p | 0.11p | 13.55p | 15.15p |
Net Asset Value per Share | 146.86p | 178.44p | 210.60p | 172.05p | 143.75p |
Operating Margin | 71.94% | 68.86% | 69.58% | 71.95% | 76.95% |
ROCE | n/a | n/a | n/a | n/a | n/a |
Net Gearing | 57.74% | 48.51% | 37.98% | 44.96% | 107.36% |
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