Financial record (5 years)

 

12 Months

to

December 2017

12 Months

to

December 2016

12 Months

to

December 2015

12 Months

to

December 2014

12 Months

to

December 2013

£m £m £m £m £m
 (Audited)  (Audited)  (Audited) (Unaudited) (Unaudited)
Income statement
Revenue
- Information Services 736 595 525 373 339
- Post Trade Services (LCH) 432 356 302 329 172
- Post Trade Services (CC&G and Monte Titoli) 109 104 90 97 99
- Capital Markets 391 368 330 333 297
- Technology Services 91 88 81 66 62
- Other 9 4 4 5 5
- Investment Management - 390 953 80 -
Total revenue 1,768 1,905 2,285 1,283 974
Net interest income through CCP business 162 125 86 93 107
Other income 25 18 10 5 12
Total income 1,955 2,048 2,381 1,283 1,022
Cost of sales (215) (375) (620) (121) (71)
Gross profit 1,740 1,673 1,761 1,260 1,022
Operating expenses 
 - operating expenses before goodwill impairment, amortisation of purchased intangibles and non-recurring items* (919) (791) (1,052) (702) (545)
 - goodwill impairment, amortisation of purchased intangibles and non-recurring items (193) (259) (210) (212) (148)
- share of (loss)/profit after tax of associates (9) (5) 1 - -
Adjusted operating profit* 812 713 710 558 477
Adjusted profit before taxation* 750 651 643 489 410
Profit before taxation 541 468 434 278 262
Profit for the financial year 561 193 357 202 193
Basic earnings per share  146.49 43.5p 94.6p 56.5p 64.2p
Diluted earnings per share 143.0p 42.6p 93.2p 55.8p 62.4p
Adjusted basic earnings per share*  148.7p 129.7p 129.4p 103.3p 96.5p
Adjusted diluted earnings per share* 145.3p 127.2p 127.6p 101.9p 93.9p
Balance sheet
Non-current assets 4,963 4,421 3,988 4,804 2,824
Current assets 737,011 560,375 457,990 453,188 511,928
Net assets held for sale 6 - 734 5 -
Current liabilities (736,172) (559,760) (458,051) (453,037) (511,408)
Non-current liabilities (2,056) (1,422) (1,465) (2,005) (1,379)
Net assets 3,752 3,614 3,196 2,955 1,965
Cash flow
Net cash flow from operating activities before exceptional items* 1,130 802 740 606 546
Other information
Adjusted operating margin* 41.5% 34.8% 29.8% 40.4% 43.6%
Share price - high £40.69 £29.22 £27.80 £22.55 £17.33
Share price - low £28.77 £21.23 £21.74 £17.41 £11.13
Total dividend per share declared in respect of financial year  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.