5 Year Summary

2017
£’000
2016
£’000
2015
£’000
2014
£’000
2013
£’000
Results
Revenue 13,031 5,331 5,644 6,154 5,557
Trading profits/(losses)
– arising from property investment
– arising from property development
7,239
(436)
3,613
3,875
(4)
5,807
16
3,543
101
Profit before tax
Corporation tax
18,140
(50)
4,283
4,417
(106)
4,140
(103)
3,706
(41)
Profit after tax
Distributions
17,951
(4,140)
4,283
(2,825)
4,417
(2,994)
4,140
(2,831)
3,706
(3,096)
Profit retained/(Loss) transferred 13,811 1,458 1,317 1,206 569
Earnings per share 87.6p 100.0p 103.4p 94.5p 84.4p
Gross PID per share 60.5p 66.2p 70.1p 66.3p 72.5p
Dividend cover 1.45 1.51 1.48 1.43 1.16
Net asset value per share £12.90 £11.51 £11.17 £11.04 £11.14
Funds
Share capital 171 85 85 85 85
Share premium account 48,009 1,095 1,095 1,095 1,095
Revaluation reserve 7,809 (699) (877) (1,297) 747
Capital redemption reserve 18 18 18 18 18
Profit and loss 53,966 48,663 47,384 47,232 45,662
Total shareholders’ funds
Bank loan
110,154
28,493
49,162
11,838
47,705
14,316
47,133
15,000
47,607
138,647 61,000 62,021 62,133 47,607
Employment of funds
Fixed assets
Net current (liabilities)
150,821
(12,174)
62,168
(1,168)
61,305
716
63,947
(1,814)
67,084
(19,477)