Group Financial Summary (Figures prepared in accordance with IFRS)
Restated 2004 €m
2005 €m
2006 €m
2007 €m
2008 €m
2009 €m
2010 €m
2011 €m
2012 €m
12,755
14,449
18,737
20,992
20,887
17,373
17,173
18,081
18,659
EBITDA (as defined)*
1,740
1,957
2,456
2,860
2,665
1,803
1,615
1,656
1,640
Group operating profit
1,220
1,392
1,767
2,086
1,841
955
698
871
845
11
20
40
57
69
26
55
55
230
Profit before finance costs Net finance costs (funding/cash) Other financial expense Share of associates' profit/(loss)
1,231 (143) (3) 19
1,412 (149) (10) 26
1,807 (237) (15) 47
2,143 (296) (7) 64
1,910 (337) (6) 61
981 (270) (27) 48
753 (218) (29) 28
926 (229) (28) 42
1,075 (258) (31) (112)
Profit before tax Income tax expense
1,104 (232)
1,279 (273)
1,602 (378)
1,904 (466)
1,628 (366)
732 (134)
534 (95)
711 (114)
674 (120)
872
1,006
1,224
1,438
1,262
598
439
597
554
5,831 1,774 292 1,540 (1,048)
6,824 2,252 635 1,944 (1,255)
7,480 2,966 651 2,420 (1,109)
8,226 3,692 652 2,469 (880)
8,888 4,108 870 2,650 (1,140)
8,535 4,095 1,090 1,991 (1,096)
8,892 4,305 1,186 1,920 (1,111)
8,936 4,488 1,125 2,091 (1,372)
8,448 4,446 1,014 2,148 (1,415)
Total
8,389
10,400
12,408
14,159
15,376
14,615
15,192
15,268
14,641
Capital and reserves excluding preference share capital Preference share capital Non-controlling interests Net deferred income tax liability Net debt
4,944 1 34 652 2,758
6,194 1 39 718 3,448
7,062 1 41 812 4,492
7,953 1 66 976 5,163
8,086 1 70 1,128 6,091
9,636 1 73 1,182 3,723
10,327 1 83 1,308 3,473
10,508 1 74 1,202 3,483
10,536 1 36 1,104 2,964
Total
8,389
10,400
12,408
14,159
15,376
14,615
15,192
15,268
14,641
Purchase of property, plant and equipment Acquisitions and investments
551 1,019
652 1,298
832 2,311
1,028 2,227
1,039 1,072
532 458
466 567
576 599
575 524
Total
1,570
1,950
3,143
3,255
2,111
990
1,033
1,175
1,099
Depreciation of property, plant and equipment Amortisation of intangible assets Earnings per share after amortisation of intangible assets (cent) (l) Earnings per share before amortisation of intangible assets (cent) (l) Dividend per share (cent) (l) Cash earnings per share (cent) (l), (m) Dividend cover (times) (n)
516 4 147.5 148.1 29.76 236.1 5.0
556 9 168.3 170.0 35.17 263.7 4.8
664 25 202.2 206.5 46.89 317.5 4.3
739 35 236.9 242.7 61.31 365.1 3.9
781 43 210.2 217.4 62.22 348.9 3.4
794 54 88.3 96.3 62.50 214.7 1.4
786 131 61.3 79.9 62.50 194.6 1.0
742 43 82.6 88.6 62.50 194.0 1.3
748 47 76.5 83.0 62.50 206.8 1.2
Revenue
Profit on disposals
Group profit for the financial year Employment of capital Non-current and current assets Property, plant and equipment Intangible assets Investments in associates/other financial assets Net working capital Other liabilities - current and non-current
(h) (i) (j)
(k)
Notes to IFRS financial summary data (h) Represents the sum of investments in associates (including assets held for sale included in current assets) and other financial assets. (i)
Represents the sum of inventories and trade and other receivables (included in current assets) less trade and other payables (included in current liabilities).
(j)
Represents the sum of current income tax liabilities, current and non-current provisions for liabilities, non-current other payables and retirement benefit obligations less the sum of current income tax recoverable and non-current other receivables.
(k) Represents the sum of current and non-current interest-bearing loans and borrowings and derivative financial instrument liabilities less the sum of liquid investments, cash and cash equivalents and current and non-current derivative financial instrument assets. (l)
Per share amounts for restated 2004 to 2008 have been restated for the bonus element of the Rights Issue in March 2009.
(m) Cash earnings per share represents profit attributable to equity holders of the Company less preference dividends paid plus depreciation of property, plant and equipment, amortisation of intangible assets and, where applicable, asset impairments divided by the average number of Ordinary Shares outstanding for the year. (n) Represents earnings per Ordinary Share divided by dividends per Ordinary Share. * Defined as earnings before interest, taxes, depreciation, amortisation, asset impairment charges, profit on disposals and the Group’s share of associates’ profit after tax. CRH 125