Financial Results


Income Statement  (£ m) 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07 31-Dec-06
Continuing Operations
Revenue  2.05 2.30 2.17 2.33 2.16
Operating Profit/(Loss)  -0.59 -0.81 -1.56 -2.52 -3.78
Net Interest  n/a 0.10 0.03 0.15 0.28
Profit Before Tax  -0.59 -0.80 -1.52 -2.37 -3.49
Profit After Tax  -0.55 -0.72 -1.34 -2.37 -3.49
Discontinued Operations
Profit After Tax  n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD  -0.55 -0.72 -1.34 -2.37 -3.49
Attributable to:
Equity Holders of Parent Company  -0.55 -0.72 -1.34 -2.37 -3.49
Minority Interests  n/a n/a n/a n/a n/a
 
Continuing EPS
Earnings per Share - Basic  -0.90p -1.30p -3.50p -6.30p -9.30p
Earnings per Share - Diluted  -0.90p -1.30p -3.50p -6.30p -9.30p
Earnings per Share - Adjusted  -0.90p -1.27p -3.00p -6.00p -8.60p
Continuing and Discontinued EPS
Earnings per Share - Basic  -0.90p -1.30p -3.50p -6.30p -9.30p
Earnings per Share - Diluted  -0.90p -1.30p -3.50p -6.30p -9.30p
Earnings per Share - Adjusted  -0.90p -1.27p -3.00p -6.00p -8.60p
 
Dividend per Share  n/a n/a n/a n/a n/a

 

Balance Sheet (£ m) 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07 31-Dec-06
Assets
Non-Current Assets
Property, Plant & Equipment  0.04 0.09 0.23 0.50 0.69
Intangible Assets  n/a n/a 0.02 0.14 0.16
Investment Properties  n/a n/a n/a n/a n/a
Investments  n/a n/a n/a n/a n/a
Other Financial Assets  n/a 0.00 n/a n/a n/a
Other Non-Current Assets  n/a n/a n/a n/a n/a
  0.04 0.09 0.25 0.65 0.85
Current Assets
Inventories  n/a n/a n/a n/a n/a
Trade & Other Receivables  0.23 0.48 0.53 0.31 0.40
Cash at Bank & in Hand  0.03 0.23 0.55 1.79 4.12
Current Asset Investments  n/a n/a n/a n/a n/a
Other Current Assets  n/a n/a n/a n/a n/a
  0.26 0.71 1.09 2.10 4.52
 
Other Assets  n/a n/a n/a n/a n/a
Total Assets  0.30 0.80 1.33 2.75 5.37
 
Liabilities
Current Liabilities
Borrowings  0.01 0.01 0.01 0.01 0.01
Other Current Liabilities  0.49 0.55 1.08 1.18 0.88
  0.50 0.56 1.09 1.19 0.89
 
Net Current Assets  n/a n/a n/a n/a n/a
 
Non-Current Liabilities
Borrowings  0.02 0.03 0.04 0.05 0.07
Provisions  n/a n/a n/a n/a n/a
Other Non-Current Liabilities  n/a n/a n/a n/a n/a
  0.02 0.03 0.04 0.05 0.07
 
Other Liabilities  n/a n/a n/a n/a n/a
Total Liabilities  0.52 0.59 0.60 0.66 0.96
 
Net Assets  -0.22 0.21 0.74 2.09 4.41
 
Capital & Reserves
Share Capital  0.65 0.58 0.38 0.38 0.38
Share Premium Account  10.16 10.11 10.11 10.11 10.11
Other Reserves  0.69 0.69 0.69 0.71 0.66
Retained Earnings  -11.72 -11.17 -10.45 -9.11 -6.74
Shareholders Funds  -0.22 0.21 0.74 2.09 4.41
 
Minority Interests/Other Equity  n/a n/a n/a n/a n/a
Total Equity  -0.22 0.21 0.74 2.09 4.41

 

Ratios - based on IFRS 31-Dec-10 31-Dec-09 31-Dec-08 31-Dec-07 31-Dec-06
Continuing Operations
PE Ratio - Adjusted  n/a n/a 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  n/a n/a n/a n/a n/a
Revenue Per Share  2.92p 3.28p 3.09p 3.32p 3.08p
Pre-Tax Profit per Share  -0.84p -1.14p -2.16p -3.38p -4.97p
Operating Margin  -28.77% -35.22% -71.58% -108.22% -174.73%
Return on Capital Employed  305.90% -319.54% -194.95% -117.11% -80.69%
 
Continuing & Discontinued Operations
Dividend Yield  n/a n/a n/a n/a n/a
Dividend per Share Growth  n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles)  -0.32p 0.29p 1.91p 5.17p 6.05p
Net Gearing  n/a n/a -69.44% -88.72% -95.06%