Five-year financial summary
| 2021 3 £m |
2020 3 £m |
20192 £m |
20181 £m |
20171 £m |
|
|---|---|---|---|---|---|
| Revenue | 181.7 | 124.0 | 147.9 | 147.4 | 90.7 |
| Profit before tax | 13.2 | 3.7 | 25.0 | 19.3 | 19.6 |
| Inventories | 163.9 | 173.6 | 192.4 | 136.2 | 139.9 |
| Cash | 12.1 | 15.7 | 10.9 | 40.4 | 26.5 |
| Gross debt | 130.2 | 163.9 | 163.2 | 120.1 | 94.5 |
| Net debt | 118.1 | 148.2 | 152.3 | 79.7 | 68.0 |
| Net gearing (%) | |||||
| IFRS | 64.5 | 85.7 | 93.9 | 56.0 | 52.1 |
| EPRA | 47.9 | 63.0 | 65.1 | 38.6 | 35.0 |
| Net assets | |||||
| IFRS | 183.0 | 173.0 | 162.2 | 142.4 | 130.6 |
| EPRA | 246.5 | 235.4 | 233.9 | 206.7 | 194.4 |
| Earnings per share (p) | |||||
| Basic | 4.21 | 0.65 | 11.79 | 7.64 | 7.82 |
| Diluted | 4.13 | 0.64 | 11.49 | 7.30 | 7.46 |
| Dividend per share (p) | |||||
| Basic | - | - | 3.10 | 1.85 | 1.40 |
| Diluted | - | - | 2.40 | 2.20 | 1.70 |
| Net asset value per share (p) | |||||
| IFRS | 80.10 | 76.31 | 78.84 | 70.46 | 64.62 |
| EPRA Net Asset Value - diluted | 106.00 | 101.46 | 110.55 | 98.03 | 91.88 |
| EPRA Net Asset Value - undiluted | 107.88 | 103.84 | 113.69 | 102.28 | 96.22 |
| Net reinstatement value per share (p) | |||||
| EPRA Net Reinstatement Value - diluted | 106.00 | 101.46 | N/A4 | N/A4 | N/A4 |
| EPRA Net Reinstatement Value - undiluted | 107.88 | 103.84 | N/A4 | N/A4 | N/A4 |
| Net tangible assets per share (p) | |||||
| EPRA Net Tangible Assets - diluted | 105.96 | 101.37 | N/A4 | N/A4 | N/A4 |
| EPRA Net Tangible Assets - undiluted | 107.84 | 103.75 | N/A4 | N/A4 | N/A4 |
| Net disposal value per share (p) | |||||
| EPRA Net Disposal Value - diluted | 105.27 | 100.34 | N/A4 | N/A4 | N/A4 |
| EPRA Net Disposal Value - undiluted | 107.14 | 102.69 | N/A4 | N/A4 | N/A4 |
Number |
Number |
Number |
Number |
Number |
|
|---|---|---|---|---|---|
| Private housing units sold | 383 | 226 | 201 | 275 | 188 |
| Land plots sold | 601 5 | 107 | 532 | 837 | 780 |
| Land bank plots | 10,055 | 11,045 | 7,796 | 6,870 | 6,776 |
| Plots with planning permission and resolution to grant planning consent |
3,689 | 2,470 | 2,956 | 1,708 | 2,105 |
| Plots without planning permission | 6,366 | 8,575 | 4,840 | 5,162 | 4,671 |
1 Twelve-month reporting period ended 30 June.
2 Fifteen-month reporting period ended 30 September.
3 Twelve-month reporting period ended 30 September.
4 These new features of the EPRA Net Asset Valuation metrics can into effect for reporting periods commencing on or after 1 January 2020.
5 This includes plots within the asset management division owned by third parties