Five-year summary

		2009 £000	2008 £000	2007 £000	2006 £000	2005 £000
Revenue		87,436	81,274	79,055	88,006	107,674
Underlying operating profit		6,212	5,713	4,819	5,020	5,112
Non recurring items		(2,705)	(1,337)	2,568	(2,445)	(339)
Profit before financing costs		3,507	4,376	7,387	2,575	4,773
Net financing credit / (costs)		144	126	(198)	(876)	(1,092)
Profit before tax		3,651	4,502	7,189	1,699	3,681

Overseas sales as a percentage of total sales		63.2%	58.7%	57.0%	56.6%	56.3%
Underlying operating margin		7.1%	7.0%	6.1%	5.7%	4.7%
Net margin		4.2%	5.5%	9.1%	1.9%	3.4%
Tax rate		12.5%	0.0%	9.9%	0.0%	(1.2)%
Earnings per share	Basic	5.1p	7.7p	12.1p	1.2p	7.3p
	Underlying	9.8p	10.5p	7.6p	7.8p	7.4p
Dividend per share		2.0p	1.9p	1.6p	1.2p	1.2p
Underlying dividend cover		4.9x	5.5x	4.8x	6.5x	6.2x
Underlying bank interest cover		8.2x	5.6x	3.6x	3.6x	3.4x

Non current assets		69,245	57,758	55,244	64,559	61,570
Net current assets excluding cash, bank and finance leases		11,748	11,228	11,705	9,625	14,346
Net debt		(17,874)	(13,746)	(12,805)	(20,756)	(25,880)
Other non current liabilities		(23,388)	(4,785)	(15,703)	(26,234)	(30,106)
Total shareholders’ funds		39,731	50,455	38,441	27,194	19,930

Post tax return on shareholders’ funds		8.0%	8.9%	16.8%	6.2%	18.7%
Gearing (excluding net pensions balance)		34.0%	27.6%	27.3%	48.4%	67.2%
Assets per share		69p	88p	68p	49p	38p
Capital expenditure as a multiple of depreciation		1.1x	1.1x	0.8x	0.6x	0.9x
Number of shareholders at 31 March		1,700	1,794	1,874	1,978	2,160
Average number of employees in year		1,121	1,138	1,106	1,373	1,847
Added value per employee		£27,922	£27,431	£29,495	£24,053	£24,393