Ground Rents Income Fund (GRIO)

Sector:

Property Investment Trusts

 29.30p
   
  • Change Today:
      0.000p
  • 52 Week High: 39.90p
  • 52 Week Low: 29.00p
  • Currency: UK Pounds
  • Shares Issued: 95.67m
  • Volume: 13,685
  • Market Cap: £28.03m

Dividend Data

  30-Sep-2230-Sep-2130-Sep-2030-Sep-1930-Sep-18
1st Interim0.75p0.99p0.99p0.98p0.98p
2nd Interim0.75p0.99p0.99p0.98p0.98p
3rd Interim0.75p0.99p0.99p0.98p0.98p
4th Interim0.75p0.75p0.99p1.02p1.02p
Total Dividend3.00p3.72p3.96p3.96p3.96p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19 30-Sep-18
Continuing Operations          
Revenue 5.60 5.69 6.07 5.64 5.36
Operating Profit/(Loss) (6.78) 1.80 0.93 (1.56) (9.96)
Net Interest (0.74) (0.60) (0.66) (0.73) (0.73)
Profit Before Tax (7.52) 1.19 (1.59) (2.29) (10.69)
Profit After Tax (7.52) 1.19 (1.59) (2.29) (10.69)
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (7.52) 1.19 (1.59) (2.29) (10.69)
Attributable to:          
Equity Holders of Parent Company (7.52) 1.19 (1.59) (2.29) (10.69)
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (7.84p) 1.23p (1.64p) (2.36p) (11.05p)
Earnings per Share - Diluted (7.84p) 1.18p (1.64p) (2.36p) (11.05p)
Earnings per Share - Adjusted (7.84p) 1.23p (1.64p) (2.36p) (11.05p)
Continuing and Discontinued EPS          
Earnings per Share - Basic (7.84p) 1.23p (1.64p) (2.36p) (11.05p)
Earnings per Share - Diluted (7.84p) 1.18p (1.64p) (2.36p) (11.05p)
Earnings per Share - Adjusted (7.84p) 1.23p (1.64p) (2.36p) (11.05p)
           
Dividend per Share 3.00p 3.72p 3.96p 3.96p 3.96p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19 30-Sep-18
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 109.02 119.38 124.19 122.89 n/a
Investments n/a n/a n/a n/a 128.00
Other Financial Assets n/a n/a n/a n/a (0.49)
Other Non-Current Assets n/a n/a n/a n/a n/a
  109.02 119.38 124.19 122.89 127.51
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 1.30 1.83 1.85 1.11 1.90
Cash at Bank & in Hand 1.91 1.09 2.44 6.14 5.57
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a 0.04 0.01 n/a n/a
  3.21 2.96 4.30 7.25 7.47
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 112.24 122.34 128.49 130.14 135.00
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 2.98 3.51 4.04 2.82 2.60
  2.98 3.51 4.04 2.82 2.60
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings n/a n/a n/a 19.30 n/a
Provisions n/a n/a 2.90 n/a n/a
Other Non-Current Liabilities 20.73 19.11 18.99 n/a 19.21
  20.73 19.11 21.89 19.30 19.21
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 23.71 22.63 25.93 22.13 21.82
           
Net Assets 88.52 99.71 102.56 108.01 113.00
           
Capital & Reserves          
Share Capital 47.83 48.37 48.50 48.50 49.00
Share Premium Account n/a n/a n/a 45.88 46.00
Other Reserves 0.67 0.13 n/a n/a (11.00)
Retained Earnings 40.02 51.21 54.05 13.63 29.00
Shareholders Funds 88.52 99.71 102.56 108.01 113.16
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 88.52 99.71 102.56 108.01 113.00
Cash Flow 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19 30-Sep-18
Net Cash Flow From Operating Activities 2.95 2.27 2.14 3.17 4.03
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 0.04 0.42 (1.50) 0.25 (2.15)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (2.17) (4.04) (4.34) (2.85) (3.55)
Net Increase/Decrease In Cash 0.82 (1.35) (3.70) 0.57 (1.66)
Ratios - based on IFRS 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19 30-Sep-18
Continuing Operations          
PE Ratio - Adjusted n/a 60.0 n/a n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover (2.61) 0.33 (0.41) (0.60) (2.79)
Revenue per Share 5.85p 0.060p 6.34p 5.89p 5.60p
Pre-Tax Profit per Share (7.86p) 0.013p (1.66p) (2.39p) (11.17p)
Operating Margin (121.21%) 31.57% 15.32% (27.71%) (185.82%)
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted n/a 5,940.1 n/a n/a n/a
PEG - Adjusted n/a n/a n/a n/a n/a
Earnings per Share Growth - Adjusted n/a n/a n/a n/a n/a
Dividend Cover (2.61) n/a (0.41) (0.60) (2.79)
           
Dividend Yield 6.0% 5.0% 4.9% 4.5% 3.6%
Dividend per Share Growth (19.35%) (6.06%) n/a n/a n/a
Operating Cash Flow per Share 3.08p 2.38p 2.23p 3.31p 4.21p
Cash Incr/Decr per Share 0.86p (0.014p) (3.87p) 0.60p (1.73p)
Net Asset Value per Share (exc. Intangibles) 92.53p 104.23p 107.20p 112.91p 118.12p
Net Gearing n/a n/a n/a 12.19% n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 3: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 4: Forecast figures based on normalised accounts.

 

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