Financial highlights
Adjusted net asset value |
||
| 2009 | ||
1,168p |
 |
5% |
| 2008 | ||
1,226p |
||
Recurring profit before tax |
||
| 2009 | ||
£60.2m |
 |
158% |
| 2008 | ||
£23.3m |
||
Recurring net property income |
||
| 2009 | ||
£114.8m |
|
21% |
| 2008 | ||
£95.0m |
||
Recurring earnings per share |
||
| 2009 | ||
55.55p |
|
143% |
| 2008 | ||
22.83p |
||
Gearing
Profit and loss (ICR) |
| 2009 |
330% |
| 2008 |
247% |
Balance sheet |
| 2009 |
62.2% |
| 2008 |
71.2% |
Property (LTV) |
| 2009 |
36.4% |
| 2008 |
39.7% |
*Based on the distribution of year’s earnings
A list of definitions is provided here