
CLS Holdings plc is a property investment company which has been listed on the London Stock Exchange since 1994.
The company has a property portfolio in London, France, Sweden and Germany valued at £813.0m (31 December 2009).
11 Mar 10
APPOINTMENT OF DEPUTY CHIEF EXECUTIVE OFFICER
11 Mar 10
CLS RESULTS YEAR END 31 DECEMBER 2009
06 Jan 10
| Turnover and results | ||||||
|---|---|---|---|---|---|---|
| UK GAAP | ||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||
| £m | £m | £m | £m | £m | ||
| Group Revenue | 76.3 | 81.6 | 89.5 | 83.8 | 88.4 | |
| Costs | (30.3) | (37.4) | (49.9) | (32.1) | (34.2) | |
| 46.0 | 44.2 | 39.6 | 51.7 | 54.2 | ||
| Net movements on revaluation of investment properties | (6.7) | (103.3) | (68.1) | 162.1 | 67.2 | |
| Profit/(loss) on disposal of subsidiaries/joint venture/associates | - | (16.2) | (1.9) | 1.9 | (1.1) | |
| Profit/(loss) on sale of investment properties | 0.3 | 7.0 | - | (1.0) | 1.9 | |
| Profit on sale of corporate bonds | 1.9 | - | - | - | - | |
| Impairment of intangible fixed assets and goodwill | - | (22.0) | - | - | - | |
| Operating profit/(loss) | 41.5 | (90.3) | (30.4) | 214.7 | 122.2 | |
| Net finance costs | (25.5) | (43.0) | (42.7) | (36.9) | (36.3) | |
| Share of profit/(loss) at associates after tax | 2.5 | (7.5) | 0.5 | (1.2) | (1.2) | |
| Other non-recurring costs | - | (1.3) | - | - | - | |
| Profit/(loss) before tax | 18.5 | (142.1) | (72.6) | 176.6 | 84.7 | |
| Taxation | (1.1) | 64.1 | 39.7 | (20.3) | (23.2) | |
| Profit/(loss) from continuing operations | 17.4 | (78.0) | (32.9) | 156.3 | 61.5 | |
| Loss from discontinued operations | - | - | - | (2.5) | (6.2) | |
| Profit/(loss) for the year | 17.4 | (78.0) | (32.9) | 153.8 | 55.3 | |
| Share buy-backs paid and proposed | 6.0 | 59.0 | 9.3 | 53.6 | 18.4 | |
| Non-current assets | 944.2 | 869.1 | 1,251.5 | 1,186.9 | 1,141.3 | |
| Current assets | 80.7 | 205.9 | 132.4 | 167.7 | 127.0 | |
| 1,024.9 | 1,075.0 | 1,383.9 | 1,354.6 | 1,268.3 | ||
| Non-current liabilities | (551.6) | (602.5) | (813.1) | (812.4) | (841.7) | |
| Current liabilities | (164.3) | (133.9) | (167.7) | (94.1) | (72.8) | |
| Net assets | 309.0 | 338.6 | 403.1 | 448.1 | 353.8 | |