Financial Highlights

Five year financial record

Income statement 2020
$'000
2019
$’000
2018
$’000
2017
$’000
2016
$’000
Revenue 560,040 860,844 738,418 627,518 558,223
           
Underlying* operating profit 4,392  53,932 45,359 42,029 37,947
Defined benefit pension scheme administration costs (343) (312) (316) (291) (311)
Defined benefit pension scheme past service costs (77) - - - -
Exceptional items - - (721) (454) (2,940)
Operating profit 3,972 53,620 44,322 41,284 34,696
Finance income 168 818 250 3 22
Finance costs (193) (67) (23) (125) (46)
Net pension finance charge (104) (378) (403) (503) (521)
Profit before tax 3,843 53,993 44,146 40,659 34,151
Taxation (753) (11,276) (8,952) (11,734) (9,672)
Profit for the period 3,090 42,717 35,194 28,925 24,479

*Underlying has been restated to include share option charges in 2017 and 2016.

Basic earnings per ordinary share 11.03c 152.42c 125.61c 103.15c 87.27c
Dividend per share – paid and proposed - 84.00c 70.00c 118.10c 52.50c
           
Balance sheet 2020
$'000
2019
$'000
2018
$’000
2017
$’000
2016
$’000
Non-current assets (excluding deferred tax) 38,997 27,506 20,096 19,967 20,020
Deferred tax assets 4,272 4,338 5,636 5,912 5,030
Net current assets 38,694 44,792 33,482 35,083 25,299
Retirement benefit obligations (3,310) (12,305) (15,016) (18,106) (19,290)
Other liabilities (13,282) (1,383) (931) (763) (1,734)
Shareholders’ equity 65,371 62,948 43,267 42,093 29,325
           
Net cash 39,766 41,136 27,484 30,767 21,683