Healthcare without boundaries - EMIS Group plc Annual report and ...
Healthcare without boundaries - EMIS Group plc Annual report and ...
Healthcare without boundaries - EMIS Group plc Annual report and ...
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Business & financial overview Highlights from 2011<br />
Business & financial overview<br />
Financial<br />
Total revenue<br />
£73.2m<br />
+18%<br />
Recurring revenue<br />
£61.1m<br />
+20%<br />
Net cash<br />
£8.0m<br />
+£6.3m<br />
Cash from continuing operations (3)<br />
£27.1m<br />
+34%<br />
Corporate governance<br />
(1, 2)<br />
Adjusted operating profit<br />
£20.8m<br />
+14%<br />
Earnings per share from<br />
continuing operations<br />
28.71p<br />
+23%<br />
Proposed dividend<br />
6.2p<br />
+11%<br />
(1) The calculation excludes capitalised development costs <strong>and</strong> adds back all amortisation charged in the year.<br />
(2) 2010 also adjusted to exclude flotation <strong>and</strong> other transaction costs of £1.26m.<br />
(3) Stated after deduction of capitalised development costs of £3.8m (2010: £3.8m.<br />
Total dividend for the year<br />
12.4p<br />
+11%<br />
Financial statements<br />
28<br />
Full financial statements<br />
Operational (1)<br />
• UK GP software market leading position<br />
maintained:<br />
• UK market share 53.1% (5,397 GP practices)<br />
(2010: 53.8% (5,576 GP practices))<br />
• <strong>EMIS</strong> Web GP controlled roll-out continued <strong>and</strong><br />
by the year end:<br />
• 360 GP practices installed (2010: 44)<br />
• 1,565 orders placed in total (2010: 433)<br />
• 2,359 practices in the <strong>EMIS</strong> Web GP<br />
familiarisation service (2010: 1,665)<br />
• Transformation of healthcare delivery in the UK<br />
opening up new markets for <strong>EMIS</strong> Web:<br />
• <strong>EMIS</strong> Web Integrated Care pathfinder projects<br />
progressing well<br />
• <strong>EMIS</strong> IQ new up to six year contract with the NHS<br />
Information Centre to develop a secure data<br />
extraction service covering all <strong>EMIS</strong> GP practices<br />
in Engl<strong>and</strong><br />
• <strong>Healthcare</strong> Gateway delivering pilots in Liverpool<br />
<strong>and</strong> Westminster <strong>and</strong> NHS Cumbria entered phase 2<br />
of roll-out of Out of Hours integrated access<br />
• RX Systems:<br />
• High street pharmacy market share increased<br />
to over 34% (4,338 pharmacies) (2010: 25%<br />
(3,184 pharmacies))<br />
• <strong>Group</strong> synergies being realised<br />
(1) <strong>EMIS</strong> <strong>and</strong> RX Systems data estimated based on subsidiary company records showing customers installed <strong>and</strong> ordered<br />
(by contract or letter of intent) as at 31 December 2011. RX Systems data is based on company records to 31 December 2011<br />
<strong>and</strong> latest available data from The National Pharmaceutical Association as at March 2010.<br />
www.emis-online.com <strong>EMIS</strong> <strong>Group</strong> <strong>plc</strong> <strong>Annual</strong> <strong>report</strong> <strong>and</strong> accounts 2011<br />
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