Financial record (5 years)

 

12 Months to December 2016

12 Months to December 2015

12 Months to December 2014

12 Months to December 2013

12 Months to March 2014

£m £m

£m

£m

£m

 (Audited)  (Audited)

 (Unaudited)

(Unaudited)

Restated


Income statement


Revenue

- Capital Markets

368.3 330.3

333.2

296.8

309.5

- Post Trade Services (CC&G and Monte Titoli)

103.7 89.8

96.5

98.7

98.4

- Post Trade Services (LCH.Clearnet)

356.5 302.1

329.4

172.3

263.0

- Information Services

594.7 525.0

373.0

339.5

348.7

- Technology Services

88.3 80.6

66.0

62.2

64.0

- Russell Investment Management

389.5 953.1

79.7

-

-

- Other

4.1 4.5

5.4

4.5

4.7


Total revenue

1,905.1 2,285.4

1,283.2

974.0

1,088.3

Net interest income through CCP business 124.8 85.7

92.6

107.3

109.8

Other income 18.0 10.4

4.8

12.2

11.5


Total income

2,047.9 2,381.5

1,380.6

1,093.5

1,209.6

Cost of sales (375.1) (620.4)

(120.9)

(71.4)

(74.1)

Gross profit 1,672.8 1,761.1

1,259.7

1,022.1

1,135.5


Operating expenses 

 - operating expenses before goodwill impairment, amortisation of purchased intangibles and non-recurring items* (954.3) (1,052.0)

(702.3)

(545.1)

(624.3)

 - goodwill impairment, amortisation of purchased intangibles and non-recurring items (183.6) (209.7)

(211.5)

(147.6)

(158.1)

Adjusted operating profit* 713.6 709.6

557.5

477.0

511.2

Adjusted profit before taxation* 651.9 643.4

489.4

409.8

442.4

Profit/(loss) before taxation 468.3 433.7

277.9

262.2

284.3

Profit/(loss) for the financial year 192.9 357.1

201.6

192.7

198.0

Basic earnings per share  43.5p 94.6p

56.5p

64.2p

63.0p

Diluted earnings per share 42.6p 93.2p

55.8p

62.4p

61.9p

Adjusted basic earnings per share*  129.7p 129.4p

103.3p

96.5p

98.6p

Adjusted diluted earnings per share* 127.2p 127.6p

101.9p

93.9p

96.9p


Balance sheet


Non-current assets

4,420.5 3,987.6

4,804.5

2,824.3

2,869.5


Current assets

560,375.0 457,990.0

453,187.8

511,927.5

504,987.4


Net assets held for sale

- 734.6

5.3

 

 


Current liabilities

(559,760.2) (458,050.9)

(453,037.3)

(511,408.1)

(504,448.6)


Non-current liabilities

(1,421.6) (1,465.2)

(2,005.0)

(1,379.1)

(1,405.3)


Net assets/(liabilities)

3,613.7 3,196.1

2,955.3

1,964.6

2,003.0


Cash flow

Net cash flow from operating activities before exceptional items* 782.0 740.0

605.6

546.3

548.7

Other information
Adjusted operating margin* 34.8% 29.8%

40.4%

43.6%

42.3%

Share price - high £29.22 £27.80

£22.55

£17.33

£20.38

Share price - low £21.23 £21.74

£17.41

£11.13

£12.38

Total dividend per share declared in respect of financial year  43.2p 36.0p

 -

28.4p

  

Note - Change of financial year with effect from 1 April 2014, Dec 2014 dividend declared of 22.5p is in respect of 9 month period April to December 2014 

* London Stock Exchange Group uses non-GAAP performance measures as key financial indicators as the Board believes these better reflect the underlying performance of the business. Adjusted operating profit, adjusted total income, adjusted profit before tax and adjusted basic earnings per share all exclude amortisation and impairment of purchased intangibles and goodwill and non-recurring items Adjusted earnings per share and dividends have been restated for the year ended 31 March 2014, and prior years, for the September 2014 rights issue.

The prior years in the financial record above have been re-presented to conform with the current year accounting presentation.