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APH Alliance Pharma Plc

35.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alliance Pharma Plc LSE:APH London Ordinary Share GB0031030819 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.00 35.10 35.25 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 167.42M 936k 0.0017 206.76 189.86M

Alliance Pharma PLC Preliminary Results -5-

25/03/2015 7:01am

UK Regulatory


The adjusted basic EPS is intended to demonstrate recurring elements of the results of the Group before exceptional items. A reconciliation of the earnings used in the different measures is given below:

 
                                      Year ended    Year ended 
                                     31 December   31 December 
                                            2014          2013 
                                        GBP 000s      GBP 000s 
Earnings for basic EPS                     8,385         9,584 
Exceptional items                            622             - 
Tax effect of exceptional items            (124)             - 
For adjusted EPS                           8,883         9,584 
----------------------------------  ------------  ------------ 
 
 
Earnings for basic EPS               8,385  9,584 
-----------------------------------  -----  ----- 
Interest saving on conversion of 
 CULS                                    -    204 
Tax effect of interest saving on 
 conversion of CULS                      -   (47) 
-----------------------------------  -----  ----- 
Earnings for diluted EPS             8,385  9,741 
-----------------------------------  -----  ----- 
 
 
Earnings for adjusted EPS             8,883  9,584 
------------------------------------  -----  ----- 
Interest saving on conversion of 
 CULS                                     -    204 
Tax effect of interest saving on 
 conversion of CULS                       -   (47) 
------------------------------------  -----  ----- 
Earnings for diluted adjusted EPS     8,883  9,741 
------------------------------------  -----  ----- 
 

The resulting EPS measures are:

 
                           Year ended    Year ended 
                          31 December   31 December 
                                 2014          2013 
                                Pence         Pence 
---------------------    ------------  ------------ 
Basic EPS                        3.17          3.82 
-----------------------  ------------  ------------ 
Diluted EPS                      3.16          3.68 
-----------------------  ------------  ------------ 
Adjusted basic EPS               3.36          3.82 
-----------------------  ------------  ------------ 
Adjusted diluted EPS             3.34          3.68 
-----------------------  ------------  ------------ 
 

6. Intangible assets

 
                                                                    Technical 
                                                                    know-how, 
                                                                   trademarks 
                                       Goodwill  Purchased   and distribution  Development 
                               on consolidation   Goodwill             rights        costs     Total 
The Group                              GBP 000s   GBP 000s           GBP 000s     GBP 000s  GBP 000s 
----------------------------  -----------------  ---------  -----------------  -----------  -------- 
Cost 
At 1 January 2014                         1,144      2,449             85,687          373    89,653 
Additions                                     -          -              2,817           58     2,875 
At 31 December 2014                       1,144      2,449             88,504          431    92,528 
----------------------------  -----------------  ---------  -----------------  -----------  -------- 
Amortisation and impairment 
At 1 January 2014                             -          -              2,543            -     2,543 
Amortisation charge 
 for the year                                 -          -                488            -       488 
Impairment for the 
 year                                         -          -                622            -       622 
----------------------------  -----------------  ---------  -----------------  -----------  -------- 
At 31 December 2014                           -          -              3,653            -     3,653 
----------------------------  -----------------  ---------  -----------------  -----------  -------- 
Net book amount 
At 31 December 2014                       1,144      2,449             84,851          431    88,875 
----------------------------  -----------------  ---------  -----------------  -----------  -------- 
At 1 January 2014                         1,144      2,449             83,145          373    87,111 
----------------------------  -----------------  ---------  -----------------  -----------  -------- 
 
 
                                                                    Technical 
                                                                    know-how, 
                                                                   trademarks 
                                                             and distribution 
                                       Goodwill  Purchased             rights  Development      Total 
                               on consolidation   Goodwill           Restated        costs   Restated 
The Group                              GBP 000s   GBP 000s           GBP 000s     GBP 000s   GBP 000s 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
Cost 
At 1 January 2013                         1,144      2,449             76,157          310     80,060 
Additions                                     -          -              9,534           63      9,597 
Disposals                                     -          -                (4)            -        (4) 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
At 31 December 2013                       1,144      2,449             85,687          373     89,653 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
Amortisation and impairment 
At 1 January 2013                             -          -              2,120            -      2,120 
Amortisation for the 
 year                                         -          -                422            -        422 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
At 31 December 2013                           -          -              2,542            -      2,542 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
Net book amount 
At 31 December 2013                       1,144      2,449             83,145          373     87,111 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
At 1 January 2013                         1,144      2,449             74,037          310     77,940 
----------------------------  -----------------  ---------  -----------------  -----------  --------- 
 

7. Trade and other receivables

 
 
                             31 December   31 December 
                                    2014          2013 
                                GBP 000s      GBP 000s 
-------------------------   ------------  ------------ 
 Trade receivables                 6,645         9,131 
 Other receivables                   669           536 
 Prepayments and accrued 
  income                             453           804 
 Amounts owed by joint 
  venture                            555           170 
--------------------------  ------------  ------------ 
                                   8,322        10,641 
 -------------------------  ------------  ------------ 
 

8. Trade and other payables - current

 
 
                            31 December   31 December 
                                   2014          2013 
                               GBP 000s      GBP 000s 
------------------------   ------------  ------------ 
 Trade payables                   1,693         1,118 
 Other taxes and social 
  security costs                    969         1,069 
 Accruals and deferred 
  income                          4,065         6,028 
 Other payables                     193           316 
-------------------------  ------------  ------------ 
                                  6,920         8,531 
 ------------------------  ------------  ------------ 
 

9. Cash generated from operations

 
 
 
                                    Year ended    Year ended 
                                   31 December   31 December 
                                          2014          2013 
                                      GBP 000s      GBP 000s 
-----------------------------     ------------  ------------ 
Result for the period before 
 tax                                    10,157        12,009 
Interest paid                            1,098         1,281 
Interest income                           (48)          (50) 
Other finance costs                       (28)            72 
Depreciation of property, 
 plant and equipment                       307           266 
Amortisation/Impairment of 
 intangibles                             1,110           422 
Change in inventories                    (446)          (75) 
Change in investments                    (312)            48 
Change in trade and other 
 receivables                             2,823       (1,134) 
Change in trade and other 
 payables                              (1,781)       (1,574) 
Share options charges                      571           632 
--------------------------------  ------------  ------------ 
Cash flows from operating 
 activities                             13,451        11,897 
--------------------------------  ------------  ------------ 
 

10. Cash and cash equivalents

 
                        31 December  31 December 
                               2014         2013 
                           GBP 000s     GBP 000s 
-----------------       -----------  ----------- 
Cash at bank and 
 in hand                      1,434          687 
Working capital 
 facility                     (414)      (2,125) 
                              1,020      (1,438) 
     -----------------  -----------  ----------- 
 

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