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WHIreland - Research Note - 4th May 2010
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WHIreland - Research Note - 26th March 2010
| (*) | ||||||
| Year Ended 31 Dec | 2005 | 2006 | 2007 | 2008 | 2009 | |
Profit and Loss a/c |
||||||
| Turnover | £m | 23.5 | 26.7 | 29.7 | 32.9 | 31.8 |
| Pre Tax Profit | £m | 2.3 | 2.8 | 2.1 | 2.3 | 1.1 |
| Retained Profit | £m | 2.0 | 2.4 | 1.7 | 1.6 | 0.9 |
| Earn per share | P | 32.3 | 38.2 | 24.6 | 21.2 | 11.4 |
| Div per share | P | 4.50 | 5.00 | 5.25 | 5.25 | 5.25 |
| Balance Sheet | ||||||
| Fixed Assets | £m | 7.7 | 6.2 | 7.2 | 7.1 | 7.3 |
| Intangible Assets | £m | 0.0 | 3.7 | 4.2 | 4.6 | 4.6 |
| Fixed Investments | £m | 0.9 | 0.8 | 0.7 | 0.7 | 0.9 |
| Stocks | £m | 0.2 | 0.2 | 0.4 | 0.4 | 0.2 |
| Debtors | £m | 6.1 | 6.8 | 7.4 | 8.6 | 7.9 |
| Cash | £m | 1.9 | 2.4 | 7.7 | 8.1 | 7.0 |
| Creditors short | £m | -5.3 | -5.2 | -6.3 | -7.7 | -6.2 |
| Creditors Long | £m | -0.6 | -1.9 | -1.5 | -1.0 | -0.7 |
| Deferred Tax Creditor | £m | 0.0 | -0.6 | -0.6 | -0.4 | 0.2 |
| Retirement Benefit Obligation | £m | -1.7 | -0.9 | 0.0 | -1.1 | -2.8 |
| Deferred Income | £m | -1.7 | -2.3 | -2.4 | -2.9 | -3.1 |
| Shareholder Funds | £m | 7.5 | 9.2 | 16.8 | 16.4 | 15.3 |
| Share Capital | £m | 0.6 | 0.6 | 0.8 | 0.8 | 0.8 |
| Other Reserves | £m | 4.0 | 3.5 | 9.3 | 8.8 | 8.7 |
| Profit and Loss a/c | £m | 2.9 | 5.1 | 6.7 | 6.8 | 5.8 |
| Shareholder Funds | £m | 7.5 | 9.2 | 16.8 | 16.4 | 15.3 |
(*) Restated for IFRS.
Delcam is pleased to announce that the company achieved record sales in the year to 31st December, 2008. Sales for the period grew to £32.9 million, an increase of 11% over the £29.7 million recorded in 2007. Pre-tax profit rose to £2.26 million compared with the £2.15 million last year.
Delcam announced today that it had conditionally raised £6,096,208 before expenses through a placing of 1,524,052 new Ordinary Shares with Renishaw at £4.00 per share. The net proceeds will be used to fund the expansion of the business and for further investment in the development, sales and support of Delcam’s products.