Financial Summary
2004 |
2005 |
2006 |
2007 |
2008** |
2009** |
||
|
Revenue |
|||||||
|
Sales |
$'000 |
724,139 |
460,169 |
632,125 |
563,421 |
580,480 |
672,317 |
|
Other |
$'000 |
28,843 |
4,297 |
9,015 |
16,235 |
19,597 |
17,743 |
|
Total |
$'000 |
752,982 |
464,466 |
641,140 |
579,656 |
600,077 |
690,060 |
|
Results |
|||||||
|
EBITDA |
$'000 |
39,252 |
(40,446) |
9,612 |
(72,548) |
67,250 |
67,982 |
|
Depreciation and amortisation |
$'000 |
(21,422) |
(12,573) |
(15,123) |
(17,547) |
(5,641) |
(7,699) |
|
EBIT |
$'000 |
17,830 |
(53,019) |
(5,511) |
(90,095) |
61,609 |
60,283 |
|
Net interest |
$'000 |
1,327 |
(1,033) |
(5,206) |
(8,865) |
(7,287) |
(6,084) |
|
Operating profit before tax |
$'000 |
19,157 |
(54,052) |
(10,717) |
(98,960) |
54,322 |
54,199 |
|
Income tax |
$'000 |
(2,860) |
(2,410) |
(2,624) |
(4,959) |
(2,329) |
(5,179) |
|
Net profit after tax |
$'000 |
16,297 |
(56,462) |
(13,341) |
(103,919) |
51,993 |
49,020 |
|
Profit From Discontinued Operations |
16,422 |
3,754 |
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|
Profit for the year |
68,415 |
52,774 |
|||||
|
Profit attributable to minority interests |
$'000 |
(126) |
(1,176) |
(1,736) |
(1,341) |
(1,810) |
(348) |
|
Profit attributable to members of Clough Limited |
$'000 |
16,171 |
(57,638) |
(15,077) |
(105,260) |
66,605 |
52,426 |
|
Balance Sheet |
|||||||
|
Total assets |
$'000 |
419,855 |
419,898 |
572,864 |
495,985 |
555,112 |
644,797 |
|
Net debt |
$'000 |
(41,794) |
(5,332) |
60,440 |
79,532 |
(11,173) |
60,330 |
|
Total equity |
$'000 |
212,773 |
175,439 |
187,682 |
63,410 |
182,876 |
246,591 |
|
Attributable to Clough Limited |
$'000 |
195,113 |
159,219 |
167,245 |
44,782 |
167,544 |
228,751 |
|
Attributable to minority interest |
$'000 |
17,660 |
16,220 |
20,437 |
18,628 |
15,332 |
17,840 |
|
Issued Shares |
|||||||
|
Total issued shares |
Shares |
420, 232, 225 |
480, 232, 225 |
510, 232, 225 |
510, 232, 225 |
667, 941, 092 |
670, 116, 757 |
|
Earnings per Share |
|||||||
|
Cents per share |
Cps |
3.85 |
(12.57) |
(3.02) |
* (18.85) |
11.23 |
7.84 |
|
Cents per share (diluted) |
Cps |
3.83 |
(12.57) |
(3.02) |
* (18.85) |
9.95 |
7.17 |
|
Dividends |
|||||||
|
Interim |
Cps |
- |
- |
- |
- |
- |
- |
|
Final |
Cps |
- |
- |
- |
- |
1 |
2 |
|
Total |
Cps |
- |
- |
- |
- |
1 |
2 |
|
Gearing |
|||||||
|
Debt / Equity |
% |
19% |
34% |
61% |
256% |
60% |
39% |
|
Debt / (Debt + Equity) |
% |
16% |
25% |
38% |
72% |
37% |
28% |
|
Interest cover |
Times |
15.7 |
(16.7) |
(0.7) |
(7.9) |
6.8 |
8.0 |
|
Dividend cover |
Times |
N/A |
N/A |
N/A |
N/A |
11.2 |
3.9 |
|
Net Asset Backing |
Cps |
50.6 |
36.5 |
36.8 |
12.4 |
25.1 |
34.1 |
|
Net Tangible Asset Backing |
Cps |
47.6 |
33.9 |
33.6 |
8.8 |
21.4 |
28.5 |
* Adjusted for the impact of the rights issue in December 2007.
** Petrosea and Property results are now shown within ‘profit from discontinued operations’ in 2009 financial statements and as above. The 2008 figures have also been restated to reflect this where applicable.