Test Drive 2q:2014 | Page 27

Annual Income Statement Data 2011- 2016

Actuals in M $

Estimates in M $

Fiscal Period
December

2011

2012

2013

2014

2015

2016

Sales

17 637

19 071

18 777

18 871

19 996

21 282

Operating income (EBITDA)

8 265

9 453

-

-

-

-

Operating profit
(EBIT)

7 644

8 785

8 575

8 165

8 831

9 754

Pre-Tax Profit
(EBT)

6 775

6 876

6 064

7 077

7 804

8 379

Net income

4 748

4 786

3 989

4 886

5 402

5 827

EPS ($)

1,98

1,98

1,63

1,97

2,15

2,34

Dividend per
Share ($)

0,76

0,84

0,86

0,87

0,91

0,97

Yield

3,62%

4,00%

4,09%

4,13%

4,34%

4,64%

Sales Per Region Data 2012- 2013 Operating Period
Sales per Regions
2012

2013

Delta

GBP (in Million)

%

GBP (in Million)

%

Other Asia Pacific

2,499

15%

2,212

13.5%

-13%

Hong Kong

2,113

12.6%

2,383

14.6%

+11.34%

Middle East & S Asia

1,410

8.4%

1,413

8.6%

+0.24%

Singapore

1,390

8.3%

1,345

8.2%

-3.33%

Korea

1,169

7%

999.94

6.1%

-16.88%

Africa

1,005

6%

1,120

6.8%

+10.26%

India

1,000

6%

1,085

6.6%

+7.81%

United Kingdom

749.09

4.5%

710.13

4.3%

-5.49%

Americas, UK &
Europe

699.87

4.2%

676.22

4.1%

-3.5%

Sales Per Business Sector Data 2012- 2013
Sector

2012

2013

Delta

GBP (in Million)

%

GBP (in Million)

%

Wholesale Banking

7,433

44.5%

7,420

45.4%

-0.18%

Consumer Banking

4,545

27.2%

4,593

28.1%

+1.04%

Unallocated

56.80

0.3%

-

-

-

Corporate & Unallocated

-

-

-

-

Profitability Ratios 2014e- 2015e
2014

2014

2015

Net Margin (Net Profit /
Revenue)

25,9%

27,0%

2015

PER (Price / EPS)

10,7x

9,77x

Capitalization /
Revenue

2,75x

2,59x

ROA (Net Profit / Asset)

0,75%

0,78%

EV / Revenue

-

-

ROE (Net Profit / Equities)

10,3%

10,7%

EV / EBITDA

-

-

Rate of Dividend

44,2%

42,4%

Yield (DPS / Price)

4,13%

4,34%