Basic HTML Version
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APN
annual report
2011
five year financial history
APN News & Media Limited and Controlled Entities
2011
$’m
2010
$’m
2009
$’m
2008
$’m
2007
$’m
Income Statement
Revenue from continuing operations
1,072
1,059
1,031
1,226
1,315
EBITDA
(1)
209
244
230
320
361
EBIT
(2)
171
205
189
279
324
Adjusted net profit
(3)
78
103
94
143
169
Statutory net profit
(45)
94
93
(24)
167
Balance Sheet
Equity excluding non-controlling interests
879
962
933
816
1,032
Total assets
1,998
2,163
2,203
2,323
2,581
Total borrowings
661
720
783
968
941
Statistical Analysis
EBITDA/total revenue
19.5%
23.1%
22.3%
26.1%
27.5%
Bank borrowings/EBITDA
3.2
3.0
3.4
3.0
2.6
Interest cover based on EBITDA (times)
3.7
4.9
4.5
4.2
5.7
Earnings per share – basic (cents)
(4)
12.6
17.2
17.0
28.3
33.8
– diluted (cents)
(4)
12.6
17.2
17.0
28.3
32.9
Dividend per share (cents)
8.5
12.0
4.0
22.5
31.5
Dividend payout ratio
(5)
67%
70%
25%
79%
92%
No. of shares on issue (‘000)
630,211
606,084
595,312
490,413
489,124
No. of shareholders
9,419
9,891
11,138
11,593
12,734
Market capitalisation ($’m)
447
1,176
1,381
1,216
2,578
Market price per share at 31 December
$0.71
$1.94
$2.32
$2.48
$5.27
(1) Profit from continuing operations before exceptional items, interest, tax, depreciation and amortisation. Based on segment reporting.
(2) Profit from continuing operations before exceptional items, interest and tax. Based on segment reporting.
(3) Net profit after tax from continuing operations before exceptional items.
(4) Earnings per share are before exceptional items and discontinued operations and have been restated for prior years for the bonus element of the pro-rata entitlement
offer in 2009.
(5) Before exceptional items.