Financial record (5 years)

 

12 Months

to

December 2018

12 Months

to

December 2017

12 Months

to

December 2016

12 Months

to

December 2015

12 Months

to

December 2014

£m £m £m £m £m
 (Audited)  (Audited)  (Audited)  (Audited) (Unaudited)
Income statement
Revenue
- Information Services 841 736 595 525 373
- Post Trade Services (LCH) 487 432 356 302 329
- Post Trade Services (CC&G and Monte Titoli) 102 109 104 90 97
- Capital Markets 407 391 368 330 333
- Technology Services 65 91 88 81 66
- Other 9 9 4 4 5
- Investment Management - - 390 953 80
Total revenue 1,911 1,768 1,905 2,285 1,283
Net interest income through CCP business 218 162 125 86 93
Other income 6 25 18 10 5
Total income 2,135 1,955 2,048 2,381 1,283
Cost of sales (227) (215) (375) (620) (121)
Gross profit 1,908 1,740 1,673 1,761 1,260
Operating expenses 
 - operating expenses before goodwill impairment, amortisation of purchased intangibles and non-recurring items* (969) (919) (791) (1,052) (702)
 - goodwill impairment, amortisation of purchased intangibles and non-recurring items (180) (193) (259) (210) (212)
- share of (loss)/profit after tax of associates (8) (9) (5) 1 -
Adjusted operating profit* 931 812 713 710 558
Adjusted profit before taxation* 865 750 651 643 489
Profit before taxation 685 541 468 434 278
Profit for the financial year 553 561 193 357 202
Basic earnings per share  138.3p 146.4p 43.5p 94.6p 56.5p
Diluted earnings per share 136.0p 143.0p 42.6p 93.2p 55.8p
Adjusted basic earnings per share*  173.8p 148.7p 129.7p 129.4p 103.3p
Adjusted diluted earnings per share* 170.8p 145.3p 127.2p 127.6p 101.9p
Balance sheet
Non-current assets 5,013 4,962 4,421 3,988 4,804
Current assets 837,833 737,012 560,375 457,990 453,188
Net assets held for sale - 6 - 734 5
Current liabilities (836,853) (736,172) (559,760) (458,051) (453,037)
Non-current liabilities (2,295) (2,056) (1,422) (1,465) (2,005)
Net assets 3,698 3,752 3,614 3,196 2,955
Cash flow
Net cash flow from operating activities before exceptional items* 978 1,130 802 740 606
Other information
Adjusted operating margin* 43.6% 41.5% 34.8% 29.8% 40.4%
Share price - high £48.14 £40.69 £29.22 £27.80 £22.55
Share price - low £36.12 £28.77 £21.23 £21.74 £17.41
Total dividend per share declared in respect of financial year  60.4p 51.6p 43.2p 36.0p -

  

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.