Five Year Review

Group Income Statement
Year ended 31 March
2007
€’m
2008
€’m
2009
€’m
2010
€’m
2011
€’m
           
Revenue 4,046.1 5,532.0 6,400.1 6,725.0 8,680.6
           
Operating profit before exceptional items and amortisation of intangible assets 140.1 167.2 180.4 192.8 229.6
Exceptional items 24.5 39.6 (19.9) (9.8) (12.6)
Amortisation of intangible assets (6.7) (7.9) (5.7) (6.1) (11.0)
Operating profit 157.9 198.9 154.8 176.9 206.0
Finance costs (net) (10.8) (17.8) (17.2) (12.2) (16.2)
Share of associates’ profit/(loss) after tax 14.7 0.6 0.2 0.2 (0.2)
Profit before tax 161.8 181.7 137.8 164.9 189.6
Income tax expense (20.7) (16.5) (20.9) (33.2) (43.8)
Minority interests (0.9) (0.7) (0.6) (0.9) (0.7)
Profit attributable to owners of the Parent 140.2 164.5 116.3 130.8 145.1
           
Earnings per share          
- basic (cent) 174.59 204.28 142.36 158.76 174.48
- basic adjusted (cent) 160.02 165.06 169.13 177.98 203.15
           
Dividend per share (cent) 49.28 56.67 62.34 67.44 74.18
           
Dividend cover (times) 3.2 2.9 2.7 2.6 2.7
           
Interest cover (times)* 12.9 9.4 8.5 17.7 15.8

* excludes exceptional items

Group Balance Sheet
As at 31 March
2007
€’m
2008
€’m
2009
€’m
2010
€’m
2011
€’m
           
Non-current and current assets          
Property, plant and equipment 319.6 337.1 319.3 358.1 395.5
Intangible assets 321.4 416.9 443.2 595.1 636.1
Investments in associates 90.3 4.7 2.2 2.4 2.3
Cash/derivatives 340.2 512.7 555.4 818.2 788.3
Other assets 783.1 1,037.3 891.0 1,169.0 1,291.7
Total assets 1,854.6 2,308.7 2,211.1 2,942.8 3,113.9
           
Equity 687.7 742.4 726.2 836.9 931.9
Non-current and current liabilities          
Borrowings/derivatives 440.7 636.4 646.1 871.7 833.5
Retirement benefit obligations 16.4 21.9 29.5 23.7 19.3
Other liabilities 709.8 908.0 809.3 1,210.5 1,329.2
Total liabilities 1,166.9 1,566.3 1,484.9 2,105.9 2,182.0
Total equity and liabilities 1,854.6 2,308.7 2,211.1 2,942.8 3,113.9
           
Net debt included above (100.5) (123.7) (90.7) (53.5) (45.2)


Group Cash Flow
Year ended 31 March
2007
€’m
2008
€’m
2009
€’m
2010
€’m
2011
€’m
           
Operating cash flow 127.4 129.0 304.9 297.8 269.6
Capital expenditure 60.7 87.5 57.0 47.3 83.4
Acquisitions 105.7 176.6 101.7 133.6 78.3


Other Information 2007 2008 2009 2010 2011
           
Return on total capital employed (%) 17.9% 17.5% 17.8% 18.4% 19.9%
Working capital (days) 14.0 16.4 11.9 4.6 4.9
Average number of employees 5,653 6,638 7,182 7,396 7,925

 

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