Annual Report and Accounts 2012 - Speedy Hire plc

10 Dividends
The aggregate amount of dividend comprises:
Financial statements 71
2010 final dividend (0.2 pence on 517.2m shares) – 1.1
2011 interim dividend (0.2 pence on 517.2m shares) – 1.0
2011 final dividend (0.2 pence on 517.2m shares) 1.0 –
2012 interim dividend (0.2 pence on 517.2m shares) 1.1 –
2.1 2.1
Subsequent to the end of the year and not included in the results for the year, the Directors recommended a final dividend of 0.26 pence
(2011: 0.2 pence) per share, bringing the total amount payable in respect of the 2012 year to 0.46 pence (2011: 0.4 pence), to be paid on 15
August 2012 to shareholders on the register on 15 June 2012.
The Employee Benefit Trust established to hold shares for the Performance Plan and Co-Investment Plan has waived its right to the interim
and final proposed dividends. At 31 March 2012, the Trust held 10,260,251 ordinary shares (2011: 10,294,626), including 6,405,980 jointly
owned shares (2011: 7,594,666).
11 Non-GAAP performance measures
The Group believes that the measures below provide valuable additional information for users of the financial statements in assessing the
Group’s performance. The Group uses these measures for planning, budgeting and reporting purposes and for its internal assessment of
the operating performance of the individual divisions within the Group.
Operating profit/(loss) 12.6 (16.5)
Add back: amortisation 4.1 5.5
Add back: exceptional costs 2.9 19.3
Operating profit before amortisation and exceptional costs 19.6 8.3
Add back: depreciation 43.6 55.1
EBITDA before exceptional costs 63.2 63.4
Profit/(loss) before tax 3.2 (27.0)
Add back: amortisation 4.1 5.5
Add back: exceptional costs 2.9 19.3
Add back: exceptional finance costs 2.2 1.5
Profit/(loss) before tax, amortisation and exceptional costs 12.4 (0.7)
2012
£m
2012
£m
2011
£m
2011
£m
Speedy Hire Plc Annual Report and Accounts 2012
Financial statements