GPG Group and Coats plc
Download Full Year Results Presentation PDF - Coats plc
Download Full Year Results Presentation PDF - Coats plc
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>GPG</strong> <strong>Group</strong> results highlights<strong>GPG</strong> total group highlights• Shareholders’ funds £434m (31 December 2011: £602m); reduction driven primarily by:– Shareholder returns of £25m (31 December 2011: £92m)– £76m charge in respect of the <strong>Coats</strong> EC Fine– IAS19 <strong>Group</strong> pension (<strong>Coats</strong> <strong>and</strong> <strong>GPG</strong>) actuarial losses £40m (31 December 2011: £215m)• Net asset backing per share 27.7p (NZ$0.54) (31 December 2011: 37.1p (NZ$0.724))• Parent <strong>Group</strong> cash balance £243m (31 December 2011: net debt £14m)– Unaudited cash balance as at 22 February 2013 - £275m (NZ$540m)• Further progress on value realisation – non-<strong>Coats</strong> investment portfolio cash generation in 2012 of £314m(NZ$616m) <strong>and</strong> cumulative net cash generated since 1 January 2011 of £495m (NZ$971m)• Net attributable loss £3m (including <strong>Coats</strong> EC Fine charge) (year ended 31 December 2011: £1m profit)© <strong>GPG</strong> <strong>Group</strong> <strong>and</strong> <strong>Coats</strong> <strong>plc</strong> | Financial results for year ending 31 December 2012 Page 7
Change language