Financial Highlights
Share price information and market announcements are available by visiting nzx.com
| Financial Data |
31/12/2010 |
31/12/2009 |
31/12/2008 |
31/12/2007 |
31/12/2006 |
| Reporting Period |
12 months |
7 months |
8 months |
9 months |
10 months |
| Denomination |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
| Income |
50,228 |
42,805 |
27,730 |
26,831 |
20,562 |
| Total Revenue |
50,591 |
79,465 |
33,355 |
31,740 |
26,143 |
| Operating Profit/Loss |
9,302 |
38,711 |
10,182 |
8,714 |
6,403 |
| EBIT |
14,591 |
43,424 |
15,021 |
13,415 |
10,182 |
| EPS |
10.73 |
61.24 |
15.57 |
11.70 |
10.97 |
| Dividends Paid Per Share |
10.00 |
1.48 |
5.68 |
4.77 |
3.63 |
Financial Profile
Financials last updated on the 4th of May 2011
Profit and Dividend Summary / Ratios
| Period Ending |
31/12/10 |
31/12/09 |
31/12/08 |
31/12/07 |
31/12/06 |
| Denomination |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
| Reporting Period |
12 months |
7 months |
8 months |
9 months |
10 months |
| Sales Revenue |
50,228 |
24,970 |
18,487 |
20,123 |
17,135 |
| Interest Received |
164 |
108 |
467 |
215 |
931 |
| Other Revenue |
199 |
21,277 |
3,283 |
3,467 |
3,720 |
| Total Revenue |
50,591 |
46,355 |
22,237 |
23,805 |
21,786 |
| Depreciation |
-673 |
-333 |
-337 |
-383 |
-659 |
| Amortisation |
-4,020 |
-1,360 |
-695 |
-407 |
-202 |
| Interest Expense |
0 |
0 |
0 |
0 |
0 |
| Tax |
-5,289 |
-2,749 |
-3,226 |
-3,526 |
-3,149 |
| Surplus from Continuing Ops |
9,302 |
22,581 |
6,788 |
6,536 |
5,336 |
| Surplus from Discontinued Ops |
0 |
0 |
0 |
0 |
0 |
| Minority Interests |
0 |
0 |
0 |
0 |
0 |
| Equity Earnings |
0 |
0 |
0 |
0 |
0 |
| Reported NPAT |
9,302 |
22,581 |
6,788 |
6,536 |
5,336 |
| Normalised NPAT |
13,322 |
23,941 |
7,483 |
6,942 |
5,886 |
| Cash Earnings |
15,787 |
24,401 |
8,027 |
7,337 |
6,149 |
| EBT (Profit before Tax) |
14,591 |
25,331 |
10,014 |
10,061 |
8,485 |
| EBIT (Profit before Int. & Tax) |
14,591 |
25,331 |
10,014 |
10,061 |
8,485 |
| EBITDA (Profit before Int.,Tax, Depreciation & Amortisation) |
19,284 |
27,024 |
11,047 |
10,850 |
9,346 |
| Adjusted EPS (¢) |
10.73 |
35.72 |
10.38 |
8.78 |
9.14 |
| Adjusted Cash EPS (¢) |
12.72 |
36.41 |
11.13 |
9.27 |
9.55 |
| Interim Dividend (¢) |
3.75 |
0.00 |
0.00 |
0.00 |
0.00 |
| Final Dividend (¢) |
6.25 |
6.50 |
25.00 |
21.00 |
16.00 |
| Adjusted DPS (¢) |
10.00 |
1.48 |
5.68 |
4.77 |
3.63 |
| Ord Div Paid ($000) |
12,129 |
3,504 |
6,211 |
5,228 |
3,763 |
Balance Sheet Summary
| Period Ending |
31/12/10 |
31/12/09 |
31/12/08 |
31/12/07 |
31/12/06 |
| Denomination |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
| Shareholders Equity |
90,800 |
93,974 |
34,521 |
28,938 |
20,143 |
| Other Equity |
0 |
0 |
0 |
0 |
0 |
| Non-Current Liabilities |
0 |
2,358 |
0 |
0 |
0 |
| Current Liabilities |
30,033 |
33,258 |
12,245 |
11,703 |
7,444 |
| Equity & Liabilities |
120,833 |
129,590 |
46,766 |
40,641 |
27,587 |
| Current Assets |
37,793 |
44,889 |
14,586 |
20,522 |
9,413 |
| Fixed Assets |
1,465 |
1,852 |
1,405 |
3,483 |
2,446 |
| Investments |
31,714 |
33,960 |
12,231 |
6,761 |
11,217 |
| Intangibles |
49,861 |
48,889 |
18,544 |
9,875 |
4,511 |
| Total Assets |
120,833 |
129,590 |
46,766 |
40,641 |
27,587 |
| Issued Shares (000) |
119,813 |
120,659 |
24,821 |
24,612 |
23,513 |
| Adjusted Shares (000) |
119,813 |
120,659 |
119,141 |
118,138 |
112,862 |
| Ord Shareholders Equity (%) |
57.68 |
32.59 |
37.74 |
46.47 |
56.45 |
| Current Ratio |
1.26 |
0.79 |
0.79 |
1.31 |
1.05 |
| Adjusted NTA per share ($) |
0.34 |
0.22 |
0.10 |
0.13 |
0.13 |
| Ord Earnings Sh/Equity (%) |
32.54 |
53.10 |
46.84 |
36.41 |
37.65 |
| Ord Earnings Tot Funds (%) |
18.77 |
29.67 |
26.51 |
22.57 |
25.51 |
Cash Flow Summary
| Period Ending |
31/12/10 |
31/12/09 |
31/12/08 |
31/12/07 |
31/12/06 |
| Denomination |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
NZ$000 |
| Reporting Period |
12 months |
7 months |
8 months |
9 months |
10 months |
| Operating Cash Flow |
17,112 |
15,405 |
14,605 |
13,155 |
6,604 |
| Investment Cash Flow |
-187 |
-26,032 |
-14,500 |
-5,889 |
12,073 |
| Finance Cash Flow |
-24,588 |
38,175 |
-4,807 |
179 |
-18,330 |
| Net Change In Cash |
-7,663 |
27,548 |
-4,702 |
7,445 |
347 |
