| |
|
Year ended
31 December 2009 |
Year
ended
31 December 2008 |
Year
ended
31 December 2007 |
Eighteen months
ended
31 December 2006 |
 |
Consolidated Income Statement and
recognised income and expense |
|
|
|
|
|
| Group revenue |
£’000 |
284,299 |
277,876 |
252,119 |
359,501 |
| Total EBITDA |
£’000 |
28,800 |
31,116 |
26,759 |
63,881 |
| Group operating profit |
£’000 |
10,394 |
17,103 |
16,727 |
32,952 |
| Profit/(loss) on ordinary activities before taxation |
£’000 |
(15,422) |
(9,926) |
(13,763) |
11,396 |
| Earnings/(loss) per share |
Pence |
(22.0p) |
(3.6p) |
(19.4p) |
2.1p |
| Total comprehensive income and expense |
£'000 |
(22,725) |
(82,128) |
132,182 |
59,953 |
|
| Consolidated cash flow: |
|
|
|
|
|
| Net cash inflow/(outflow) from operating activities |
£’000 |
19,076 |
14,294 |
(7,160) |
22,990 |
| Net cash inflows/(outflows) from investing activities |
£'000 |
(15,161) |
(51,637) |
(66,061) |
174,472 |
| Decrease/(increase) in net debt during period |
£'000 |
(5,014) |
(49,738) |
(62,905) |
137,162 |
| Closing net debt |
£’000 |
(362,764) |
(357,750) |
(308,012) |
(245,107) |
|
| Consolidated balance sheet: |
|
|
|
|
|
| Total property interests |
£’000 |
559,466 |
565,932 |
605,633 |
406,852 |
| Net asset value |
£'000 |
176,249 |
203,799 |
296,160 |
153,285 |
| Number of ordinary shares in issue at year end |
'000 |
72,371 |
72,371 |
80,522 |
80,522 |
| Equity attributable to shareholders of the Company |
£’000 |
104,536 |
125,881 |
204,377 |
99,322 |
| Equity attributable to shareholders per share |
£’000 |
144p |
174p |
254p |
123p |
| Net gearing |
Per cent |
206% |
176% |
104% |
160% |
| Property gearing |
Per cent |
65% |
63% |
51% |
60% |
|
| 1. The results in the table above to 31 December 2006 cover the eighteen months from the Company’s previous year end of 30 June 2005 to 31 December 2006. The prior period’s results are for the year ended 30 June.
|
| 2. The figures above reflect adoption by the Group of International Financial Reporting Standards in 2005 and subsequent years. |
| 3. EBITDA is the earnings of the Group for the period before interest, tax, depreciation and amortisation.
|
| 4. Net gearing is the percentage that total debt at the period end, less available cash, bears to net assets of the Group. |
| 5. Property gearing is the percentage that net debt of the Group at the period end bears to total property interests at the period end.
|
|
 |
|
