Five Year Summary

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

Income Statements

 
31.3.19
£'000 
31.3.18
£'000 
31.3.17
£'000 
31.3.16
£'000 
31.3.15
£'000 
Revenue
31.3.19
£'000
44,175
31.3.18
£'000
175,596
31.3.17
£'000
99,934
31.3.16
£'000
116,500
31.3.15
£'000
106,341
Net rental income
31.3.19
£'000
24,599
31.3.18
£'000
36,329
31.3.17
£'000
46,162
31.3.16
£'000
42,164
31.3.15
£'000
34,233
Development profit/(loss)
31.3.19
£'000
2,564
31.3.18
£'000
(1,961)
31.3.17
£'000
7,143
31.3.16
£'000
30,700
31.3.15
£'000
16,126
Provisions against stock
31.3.19
£'000
(4,345)
31.3.18
£'000
(2,213)
31.3.17
£'000
(6,300)
31.3.16
£'000
(6,448)
31.3.15
£'000
(452)
Trading profit
31.3.19
£'000
-
31.3.18
£'000
-
31.3.17
£'000
-
31.3.16
£'000
-
31.3.15
£'000
2,503
Share of results of joint ventures
31.3.19
£'000
(3,217)
31.3.18
£'000
3,196
31.3.17
£'000
(6,528)
31.3.16
£'000
50,469
31.3.15
£'000
27,497
Other operating income
31.3.19
£'000
-
31.3.18
£'000
111
31.3.17
£'000
982
31.3.16
£'000
20
31.3.15
£'000
368
Gross profit before gain on investment properties
31.3.19
£'000
19,601
31.3.18
£'000
35,462
31.3.17
£'000
41,459
31.3.16
£'000
116,905
31.3.15
£'000
80,275
Gain on sale of investment properties
31.3.19
£'000
15,008
31.3.18
£'000
13,567
31.3.17
£'000
1,391
31.3.16
£'000
2,385
31.3.15
£'000
2,480
Revaluation surplus on investment properties
31.3.19
£'000
44,284
31.3.18
£'000
23,848
31.3.17
£'000
39,152
31.3.16
£'000
47,441
31.3.15
£'000
66,904
Fair value movement of available-for-sale assets
31.3.19
£'000
144
31.3.18
£'000
1,385
31.3.17
£'000
(3,352)
31.3.16
£'000
(1,370)
31.3.15
£'000
(773)
Administrative expenses excluding performance related awards
31.3.19
£'000
(10,858)
31.3.18
£'000
(11,023)
31.3.17
£'000
(10,800)
31.3.16
£'000
(10,716)
31.3.15
£'000
(10,156)
Performance related awards
31.3.19
£'000
(5,895)
31.3.18
£'000
(1,742)
31.3.17
£'000
(7,572)
31.3.16
£'000
(15,387)
31.3.15
£'000
(16,374)
Finance costs
31.3.19
£'000
(17,407)
31.3.18
£'000
(37,438)
31.3.17
£'000
(25,598)
31.3.16
£'000
(24,113)
31.3.15
£'000
(23,678)
Finance income
31.3.19
£'000
983
31.3.18
£'000
4,303
31.3.17
£'000
3,156
31.3.16
£'000
5,128
31.3.15
£'000
2,480
Movement in fair value of derivative financial instruments
31.3.19
£'000
(3,322)
31.3.18
£'000
4,029
31.3.17
£'000
789
31.3.16
£'000
(6,860)
31.3.15
£'000
(8,389)
Convertible Bond adjustment
31.3.19
£'000
865
31.3.18
£'000
(1,559)
31.3.17
£'000
2,973
31.3.16
£'000
516
31.3.15
£'000
(3,263)
Foreign exchange gains/(losses)
31.3.19
£'000
53
31.3.18
£'000
(10)
31.3.17
£'000
(3)
31.3.16
£'000
100
31.3.15
£'000
(2,061)
Profit before tax
31.3.19
£'000
43,456
31.3.18
£'000
30,822
31.3.17
£'000
41,595
31.3.16
£'000
114,029
31.3.15
£'000
87,445
Tax on profit on ordinary activities
31.3.19
£'000
(836)
31.3.18
£'000
(4,537)
31.3.17
£'000
(2,471)
31.3.16
£'000
(9,146)
31.3.15
£'000
(12,669)
Profit after tax
31.3.19
£'000
42,620
31.3.18
£'000
26,285
31.3.17
£'000
39,124
31.3.16
£'000
104,883
31.3.15
£'000
74,776

Balance Sheets

 
31.3.19
£'000 
31.3.18
£'000 
31.3.17
£'000 
31.3.16
£'000 
31.3.15
£'000 
Investment Portfolio at fair value
31.3.19
£'000
791,250
31.3.18
£'000
802,134
31.3.17
£'000
1,003,000
31.3.16
£'000
1,041,100
31.3.15
£'000
701,521
Land, developments and trading properties
31.3.19
£'000
2,311
31.3.18
£'000
6,042
31.3.17
£'000
86,680
31.3.16
£'000
92,035
31.3.15
£'000
92,578
Group's share of investment properties held by joint ventures
31.3.19
£'000
25,382
31.3.18
£'000
22,623
31.3.17
£'000
13,907
31.3.16
£'000
11,552
31.3.15
£'000
88,305
Group’s share of land, trading and development properties held by joint ventures
31.3.19
£'000
56,935
31.3.18
£'000
76,474
31.3.17
£'000
89,115
31.3.16
£'000
75,904
31.3.15
£'000
102,715
Group’s share of land, trading and development stock surpluses
31.3.19
£'000
578
31.3.18
£'000
2,328
31.3.17
£'000
12,514
31.3.16
£'000
19,412
31.3.15
£'000
36,243
Group's share of total properties at fair value
31.3.19
£'000
876,456
31.3.18
£'000
909,601
31.3.17
£'000
1,205,216
31.3.16
£'000
1,240,003
31.3.15
£'000
1,021,362
Net debt
31.3.19
£'000
227,712
31.3.18
£'000
325,121
31.3.17
£'000
574,439
31.3.16
£'000
659,393
31.3.15
£'000
477,248
Group's share of net debt of joint ventures
31.3.19
£'000
40,861
31.3.18
£'000
37,733
31.3.17
£'000
45,537
31.3.16
£'000
22,449
31.3.15
£'000
54,649
Group’s share of net debt
31.3.19
£'000
268,573
31.3.18
£'000
362,854
31.3.17
£'000
619,976
31.3.16
£'000
681,842
31.3.15
£'000
531,897
Net assets
31.3.19
£'000
567,425
31.3.18
£'000
533,894
31.3.17
£'000
516,897
31.3.16
£'000
480,721
31.3.15
£'000
404,363
EPRA Net assets
31.3.19
£'000
583,111
31.3.18
£'000
561,644
31.3.17
£'000
565,973
31.3.16
£'000
540,731
31.3.15
£'000
469,128
Dividend per ordinary share paid/payable
31.3.19
£'000
9.60p
31.3.18
£'000
8.70p
31.3.17
£'000
3.12p
31.3.16
£'000
12.60p
31.3.15
£'000
6.85p
Dividend per ordinary share declared
31.3.19
£'000
10.10p
31.3.18
£'000
9.50p
31.3.17
£'000
8.60p
31.3.16
£'000
8.17p
31.3.15
£'000
7.25p
EPRA (loss)/earnings per ordinary share
31.3.19
£'000
(8.4)p
31.3.18
£'000
(7.0)p
31.3.17
£'000
0.5p
31.3.16
£'000
17.1p
31.3.15
£'000
2.4p
EPRA net assets per share
31.3.19
£'000
482p
31.3.18
£'000
468p
31.3.17
£'000
473p
31.3.16
£'000
456p
31.3.15
£'000
385p