Five Year Financial Summary
|
2010*
€'000 |
2009*
€'000 |
2008*
€'000 |
2007*
€'000 |
2006*
€'000 |
Consolidated Profit & Loss Account |
|
|
|
|
|
| Turnover |
805,120 |
804,216 |
850,043 |
875,983 |
818,827 |
| Operating costs |
(799,282) |
(798,475) |
(818,808) |
(846,857) |
(804,162) |
Operating profit |
5,838 |
5,741 |
31,235 |
29,126 |
14,665 |
Retrospective pay award** |
- |
- |
- |
- |
(20,040) |
| Asset disposals |
- |
- |
- |
1,516 |
94,700 |
| Business restructuring |
(20,000) |
- |
- |
- |
(13,883) |
| Share of results of joint venture |
(6,590) |
(10,750) |
(9,685) |
(12,475) |
- |
| Other finance (expense)/income |
(3,950) |
(20,560) |
18,340 |
31,250 |
21,123 |
| (Loss)/profit before taxation |
(24,702) |
(25,569) |
39,890 |
49,417 |
96,565 |
Consolidated Balance Sheet |
|
|
|
|
|
Fixed assets |
279,323 |
242,704 |
211,465 |
206,682 |
196,197 |
| Net current assets |
95,925 |
166,423 |
235,998 |
235,556 |
205,034 |
| Other liabilities |
(51,383) |
(53,550) |
(63,705) |
(73,130) |
(82,673) |
| Net assets excluding pension liability |
323,865 |
355,577 |
383,758 |
369,108 |
318,558 |
| Pension liability |
(368,498) |
(403,252) |
(582,300) |
(114,300) |
(193,226) |
| Net (liabilities)/assets including pension liability |
(44,633) |
(47,675) |
(198,542) |
254,808 |
125,332 |
Capital and reserves |
(44,633) |
(47,675) |
(198,542) |
254,808 |
125,332 |
Ratios
|
2010 |
2009 |
2008 |
2007 |
2006 |
Operating profit as % of turnover |
0.73% |
0.71% |
3.67% |
3.32% |
1.79% |
Operating profit as % of average shareholders' funds before pension liability |
1.68% |
1.55% |
8.30% |
8.47% |
5.26% |
Staff and postmasters' costs as % of operating costs before exceptional item |
72.0% |
73.76% |
73.16% |
70.96% |
69.40% |
Current assets as % of current liabilities |
148.1% |
190.50% |
242.86% |
235.43% |
214.25% |
* Joint venture turnover excluded
** In 2006, for statutory accounts presentation purposes, the retrospective pay award was included in arriving at group operating profit. It has been extracted for the purposes of the schedule above as the pay award relates to 2003 and 2004.