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HMV Hmv Grp

1.10
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hmv Grp LSE:HMV London Ordinary Share GB0031575722 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% 1.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

HMV Group PLC Interim Results -5-

13/12/2012 7:00am

UK Regulatory


Interim consolidated income statement

 
                                                       26 weeks            26 weeks      26 weeks 
                                                             to                  to            to 
                                                     29 October          29 October    29 October 
                                                           2011                2011          2011 
                                             Before exceptional 
                                                          items         Exceptional         Total 
                                                     (Restated)    items (Restated)    (Restated) 
                                      Note                 GBPm                GBPm          GBPm 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Continuing operations: 
 Revenue                                 4                333.7                   -         333.7 
 Cost of sales                                          (347.8)                   -       (347.8) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Gross loss                                              (14.1)                   -        (14.1) 
 Administrative expenses                                 (19.0)               (4.7)        (23.7) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Trading loss                            4               (33.1)               (4.7)        (37.8) 
 Share of post-tax losses 
  of investments accounted 
  for using the equity method                             (0.1)                   -         (0.1) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Operating loss                                          (33.2)               (4.7)        (37.9) 
 Finance revenue                                            1.4                   -           1.4 
 Finance costs                                            (7.0)               (4.6)        (11.6) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Loss before taxation                                    (38.8)               (9.3)        (48.1) 
 Taxation                                6                  0.2                   -           0.2 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Loss from continuing operations                         (38.6)               (9.3)        (47.9) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Discontinued operations: 
 Loss after tax from discontinued 
  operations                             7                (7.8)                 5.6         (2.2) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 Loss for the period                                     (46.4)               (3.7)        (50.1) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 
 Attributable to: 
 Shareholders of the parent 
  company                                                (47.4)               (3.7)        (51.1) 
 Non-controlling interests                                  1.0                   -           1.0 
----------------------------------  ------  -------------------  ------------------  ------------ 
                                                         (46.4)               (3.7)        (50.1) 
----------------------------------  ------  -------------------  ------------------  ------------ 
 
 Loss per share for the period 
  attributable to shareholders 
  of the parent company: 
 Basic                                   8              (11.1)p              (0.9)p       (12.0)p 
 Diluted                                 8              (11.0)p              (0.9)p       (11.9)p 
----------------------------------  ------  -------------------  ------------------  ------------ 
 
 Loss per share for the period 
  attributable to shareholders 
  of the parent company from 
  continuing operations: 
 Basic                                   8               (9.1)p              (2.2)p       (11.3)p 
 Diluted                                 8               (9.0)p              (2.2)p       (11.2)p 
 
 Dividend per share                      9                    -                   -             - 
----------------------------------  ------  -------------------  ------------------  ------------ 
 

Notes 1 to 18 form an integral part of the interim condensed consolidated financial statements. See note 5 for a description of exceptional items.

Interim consolidated income statement

 
                                                       52 weeks to 28 April 2012 
                                                  Before 
                                             exceptional   Exceptional 
                                                   items         items     Total 
                                     Note           GBPm          GBPm      GBPm 
--------------------------------  -------  -------------  ------------  -------- 
 Continuing operations: 
 Revenue                                4          873.1             -     873.1 
 Cost of sales                                   (838.5)         (4.9)   (843.4) 
--------------------------------  -------  -------------  ------------  -------- 
 Gross profit (loss)                                34.6         (4.9)      29.7 
 Administrative expenses                          (33.3)        (11.1)    (44.4) 
--------------------------------  -------  -------------  ------------  -------- 
 Trading profit (loss)                  4            1.3        (16.0)    (14.7) 
 Share of post-tax losses 
  of investments accounted 
  for using the equity method                      (0.3)             -     (0.3) 
--------------------------------  -------  -------------  ------------  -------- 
 Operating profit (loss)                             1.0        (16.0)    (15.0) 
 Finance revenue                                     1.7             -       1.7 
 Finance costs                                    (18.9)         (6.4)    (25.3) 
--------------------------------  -------  -------------  ------------  -------- 
 Profit (loss) before taxation                    (16.2)        (22.4)    (38.6) 
 Taxation                                            1.9             -       1.9 
--------------------------------  -------  -------------  ------------  -------- 
 Profit (loss) from continuing 
  operations                                      (14.3)        (22.4)    (36.7) 
--------------------------------  -------  -------------  ------------  -------- 
 Discontinued operations: 
 Profit (loss) after tax 
  from discontinued operations                    (10.2)        (33.5)    (43.7) 
--------------------------------  -------  -------------  ------------  -------- 
 Profit (loss) for the period                     (24.5)        (55.9)    (80.4) 
--------------------------------  -------  -------------  ------------  -------- 
 
 Attributable to: 
 Shareholders of the parent 
  company                                         (25.7)        (55.9)    (81.6) 
 Non-controlling interests                           1.2             -       1.2 
--------------------------------  -------  -------------  ------------  -------- 
                                                  (24.5)        (55.9)    (80.4) 
--------------------------------  -------  -------------  ------------  -------- 
 
 Earnings (loss) per share 
  for the period attributable 
  to shareholders of the parent 
  company:                              8 
 Basic                                            (6.1)p       (13.2)p   (19.3)p 
 Diluted                                          (5.9)p       (12.7)p   (18.6)p 
--------------------------------  -------  -------------  ------------  -------- 
 
 Earnings (loss) per share 
  for the period attributable 
  to shareholders of the parent 
  company from continuing 
  operations:                           8 
 Basic                                            (3.4)p        (5.3)p    (8.7)p 
 Diluted                                          (3.3)p        (5.1)p    (8.4)p 
 
 Dividend per share                     9              -             -         - 
--------------------------------  -------  -------------  ------------  -------- 
 

Notes 1 to 18 form an integral part of the interim condensed consolidated financial statements. See note 5 for a description of exceptional items.

Interim consolidated statement of comprehensive income

 
                                                26 weeks      26 weeks    52 weeks 
                                                      to            to          to 
                                              27 October    29 October    28 April 
                                                    2012          2011        2012 
                                                            (Restated) 
                                                    GBPm          GBPm        GBPm 
------------------------------------------  ------------  ------------  ---------- 
 
 Loss for the period                              (36.1)        (50.1)      (80.4) 
------------------------------------------  ------------  ------------  ---------- 
 
 Foreign exchange translation differences              -           0.6         0.9 
 Foreign exchange translation differences 
  recycled to profit and loss account 
  on disposal of businesses                            -           1.0         1.1 
                                                       -           1.6         2.0 
 
 Cash flow hedges: 
 Gain (loss) on forward foreign 
  exchange contracts                                   -           0.1         0.5 
 Loss on interest rate swap                            -         (0.1)           - 
 Transfers to the income statement 

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