Performance History

 

 

2011

 

2010

Restated

2009

Restated

2008

Restated

2007

 

£m

£m 

£m 

£m 

£m 

INCOME STATEMENT          
Revenue

820.5

743.7

654.0

702.9

669.6

           
Group operating profit

179.5

118.9

89.2

81.4

166.4

Non-operating income

20.5

15.6

--

31.4

5.1

Net finance expense

(6.7)

(5.9)

(7.3)

(10.0)

(14.1)

Income tax (expense)/credit

(28.2)

(30.7)

(7.3)

 (31.9)

2.1

Profit for the year

165.1

97.9

74.6

70.9

159.5

         
CASHFLOW          
Cash generated from operations

216.4

196.0

111.2

147.1

160.2 

           
 

 

2011

 

2010

Restated

2009

Restated

2008

 

2007

 

£m

£m

£m

£m

£m

STATEMENT OF FINANCIAL POSITION           
Property, plant, equipment and lease premium prepayment

2,091.4

2,257.2

2,070.3

2,164.3

1,799.0

Investments properties

173.9

94.9

83.3

79.3

58.2

Investments and loans in joint ventures and associates

422.8

396.8

326.4

338.7

253.0

Other financial assets

7.8

6.9

6.4

6.7

4.8

Non-current assets

2,746.8

2,755.8

2,486.4

2,589.0

2,115.0

Current assets excluding cash

241.9

177.6

133.2

131.5

142.9

Borrowings net of cash

(100.2)

(165.7)

(202.5)

(285.1)

(262.1)

Deferred tax liabilities

(236.4)

(251.8)

(230.6)

(258.1)

(205.8)

Provisions and other liabilities

(404.5)

(397.2)

(282.8)

(296.4)

(236.3)

NET ASSETS

2,247.6

2,118.7

1,903.7

1,880.9

1,553.7

Share capital and share premium

939.6

938.7

938.5

938.4

937.7

Reserves

1,126.9

1,008.8

813.8

799.1

485.8

Total equity attributable to equity holders

2,066.5

1,947.5

1,752.3

1,737.5

1,423.5

Non-controlling interests

181.1

171.2

151.4

143.4

130.2

TOTAL EQUITY

2,247.6

2,118.7

1,903.7

1,880.9

1,553.7

           
KEY OPERATING STATISTICS          
 

2011

2010

2009

2008

2007

Gearing (%)

5

9

12

16

18

Earnings per share (pence)

51.0

30.9

22.9

21.3

50.7

Dividends per share (pence) 1

16.5

10.0

6.25

6.25

12.50

Hotel gross operating profit margin (%)

38.7

37.1

34.2

38.2

38.3

           
Occupancy (%)

70.8

71.4

68.3

71.2

74.1

Average room rate (£)

91.48

85.52

78.51

80.32

71.74

RevPAR (£)

64.81

61.06

53.62

57.19

53.16

1 Dividends per share includes ordinary dividends and special dividends