Financial information

Financial information
Highlights Five Year Summary Income Statement Balance Sheet

Five Year Summary

Below is a summary of our financial highlights for the five most recent years.

Income Statements

 
31.3.20
£'000 
31.3.19
£'000 
31.3.18
£'000 
31.3.17
£'000 
31.3.16
£'000 
Revenue
31.3.20
£'00044,361
31.3.19
£'00044,175
31.3.18
£'000175,596
31.3.17
£'00099,934
31.3.16
£'000116,500
Net rental income
31.3.20
£'00027,838
31.3.19
£'00024,599
31.3.18
£'00036,329
31.3.17
£'00046,162
31.3.16
£'00042,164
Development profit/(loss)
31.3.20
£'0002,076
31.3.19
£'0002,564
31.3.18
£'000(1,961)
31.3.17
£'0007,143
31.3.16
£'00030,700
Provisions against stock
31.3.20
£'0001,198
31.3.19
£'000(4,345)
31.3.18
£'000(2,213)
31.3.17
£'000(6,300)
31.3.16
£'000((6,448)
Share of results of joint ventures
31.3.20
£'00013,396
31.3.19
£'000(3,217)
31.3.18
£'0003,196
31.3.17
£'000(6,528)
31.3.16
£'00050,469
Other operating income
31.3.20
£'00088
31.3.19
£'000-
31.3.18
£'000111
31.3.17
£'000982
31.3.16
£'00020
Gross profit before gain on investment properties
31.3.20
£'00044,596
31.3.19
£'00019,601
31.3.18
£'00035,462
31.3.17
£'00041,459
31.3.16
£'000116,905
(Loss)/gain on sale of investment properties
31.3.20
£'000(1,272)
31.3.19
£'00015,008
31.3.18
£'00013,567
31.3.17
£'0001,391
31.3.16
£'0002,385
Revaluation surplus on investment properties
31.3.20
£'00038,351
31.3.19
£'00044,284
31.3.18
£'00023,848
31.3.17
£'00039,152
31.3.16
£'00047,441
Fair value movement of available-for-sale assets
31.3.20
£'000-
31.3.19
£'000144
31.3.18
£'0001,385
31.3.17
£'000(3,352)
31.3.16
£'000(1,370)
Administrative expenses excluding performance related awards
31.3.20
£'000(10,524)
31.3.19
£'000(10,858)
31.3.18
£'000(11,023)
31.3.17
£'000(10,800)
31.3.16
£'000(10,716)
Performance related awards
31.3.20
£'000(6,191)
31.3.19
£'000(5,895)
31.3.18
£'000(1,742)
31.3.17
£'000(7,572)
31.3.16
£'000(15,387)
Finance costs
31.3.20
£'000(16,100)
31.3.19
£'000(17,407)
31.3.18
£'000(37,438)
31.3.17
£'000(25,598)
31.3.16
£'000(24,113)
Finance income
31.3.20
£'0001,345
31.3.19
£'000983
31.3.18
£'0004,303
31.3.17
£'0003,156
31.3.16
£'0005,128
Movement in fair value of derivative financial instruments
31.3.20
£'000(7,651)
31.3.19
£'000(3,322)
31.3.18
£'0004,029
31.3.17
£'000789
31.3.16
£'000(6,860)
Convertible Bond adjustment
31.3.20
£'000468
31.3.19
£'000865
31.3.18
£'000(1,559)
31.3.17
£'0002,973
31.3.16
£'000516
Foreign exchange gains/(losses)
31.3.20
£'0008
31.3.19
£'00053
31.3.18
£'000(10)
31.3.17
£'000(3)
31.3.16
£'000100
Profit before tax
31.3.20
£'00043,030
31.3.19
£'00043,456
31.3.18
£'00030,822
31.3.17
£'00041,595
31.3.16
£'000114,029
Tax on profit on ordinary activities
31.3.20
£'000(4,313)
31.3.19
£'000(836)
31.3.18
£'000(4,537)
31.3.17
£'000(2,471)
31.3.16
£'000(9,146)
Profit after tax
31.3.20
£'00038,717
31.3.19
£'00042,620
31.3.18
£'00026,285
31.3.17
£'00039,124
31.3.16
£'000104,883

Balance Sheets

 
31.3.20
£'000 
31.3.19
£'000 
31.3.18
£'000 
31.3.17
£'000 
31.3.16
£'000 
Investment Portfolio at fair value
31.3.20
£'000836,875
31.3.19
£'000791,250
31.3.18
£'000802,134
31.3.17
£'0001,003,000
31.3.16
£'0001,041,100
Land, developments and trading properties
31.3.20
£'000852
31.3.19
£'0002,311
31.3.18
£'0006,042
31.3.17
£'00086,680
31.3.16
£'00092,035
Group's share of investment properties held by joint ventures
31.3.20
£'00076,809
31.3.19
£'00025,382
31.3.18
£'00022,623
31.3.17
£'00013,907
31.3.16
£'00011,552
Group’s share of land, trading and development properties held by joint ventures
31.3.20
£'00034,164
31.3.19
£'00056,935
31.3.18
£'00076,474
31.3.17
£'00089,115
31.3.16
£'00075,904
Group’s share of land, trading and development stock surpluses
31.3.20
£'000578
31.3.19
£'000578
31.3.18
£'0002,328
31.3.17
£'00012,514
31.3.16
£'00019,412
Group's share of total properties at fair value
31.3.20
£'000949,278
31.3.19
£'000876,456
31.3.18
£'000909,601
31.3.17
£'0001,205,216
31.3.16
£'0001,240,003
Net debt
31.3.20
£'000273,598
31.3.19
£'000227,712
31.3.18
£'000325,121
31.3.17
£'000574,439
31.3.16
£'000659,393
Group's share of net debt of joint ventures
31.3.20
£'00024,933
31.3.19
£'00040,861
31.3.18
£'00037,733
31.3.17
£'00045,537
31.3.16
£'00022,449
Group’s share of net debt
31.3.20
£'000298,531
31.3.19
£'000268,573
31.3.18
£'000362,854
31.3.17
£'000619,976
31.3.16
£'000681,842
Net assets
31.3.20
£'000598,689
31.3.19
£'000567,425
31.3.18
£'000533,894
31.3.17
£'000516,897
31.3.16
£'000480,721
EPRA Net assets
31.3.20
£'000625,038
31.3.19
£'000583,111
31.3.18
£'000561,644
31.3.17
£'000565,973
31.3.16
£'000540,731
Dividend per ordinary share paid/payable
31.3.20
£'00010.20p
31.3.19
£'0009.60p
31.3.18
£'0008.70p
31.3.17
£'0003.12p
31.3.16
£'00012.60p
Dividend per ordinary share declared
31.3.20
£'0008.70p
31.3.19
£'00010.10p
31.3.18
£'0009.50p
31.3.17
£'0008.60p
31.3.16
£'0008.17p
EPRA (loss)/earnings per ordinary share
31.3.20
£'0007.6p
31.3.19
£'000(8.4)p
31.3.18
£'000(7.0)p
31.3.17
£'0000.5p
31.3.16
£'00017.1p
EPRA net assets per share
31.3.20
£'000511p
31.3.19
£'000482p
31.3.18
£'000468p
31.3.17
£'000473p
31.3.16
£'000456p
Share price Results and Presentations