Admiral Group (ADM)

Sector:

Insurance

Index:

FTSE 100

2,333.00p
   
  • Change Today:
      47.00p
  • 52 Week High: 2,508.00
  • 52 Week Low: 1,887.00
  • Currency: UK Pounds
  • Shares Issued: 294.04m
  • Volume: 469,184
  • Market Cap: £6,860m
  • RiskGrade: 127

Dividend Data

  31-Dec-1931-Dec-1831-Dec-1731-Dec-1631-Dec-15
Interim Dividend41.80p40.80p37.90p36.80p9.70p
Final Dividend56.30p49.60p39.50p15.00p33.60p
Total Dividend98.10p90.40p77.40p51.80p58.70p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
Revenue 2,198.40 2,079.60 1,729.90 1,353.60 1,130.20
Operating Profit/(Loss) 535.20 487.50 414.90 289.80 379.80
Profit Before Tax 522.60 476.20 403.50 278.40 368.70
Profit After Tax 428.40 390.50 331.60 214.10 291.80
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 428.40 390.50 331.60 214.10 291.80
Attributable to:          
Equity Holders of Parent Company 432.40 395.10 334.20 222.20 300.00
Minority Interests (4.00) (4.60) (2.60) (8.10) (8.20)
           
Continuing EPS          
Earnings per Share - Basic 148.30p 137.10p 117.20p 78.70p 107.30p
Earnings per Share - Diluted 148.00p 136.80p 117.00p 78.50p 107.10p
Earnings per Share - Adjusted 148.30p 137.10p 117.20p 78.70p 107.30p
Continuing and Discontinued EPS          
Earnings per Share - Basic 148.30p 137.10p 117.20p 78.70p 107.30p
Earnings per Share - Diluted 148.00p 136.80p 117.00p 78.50p 107.10p
Earnings per Share - Adjusted 148.30p 137.10p 117.20p 78.70p 107.30p
           
Dividend per Share 98.10p 90.40p 77.40p 51.80p 58.70p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Assets          
Property, Plant & Equipment 154.40 28.10 31.30 32.00 34.90
Intangible Assets 160.30 162.00 159.40 162.30 142.30
Investment Properties n/a n/a n/a n/a n/a
Investments 3,234.50 2,969.70 2,697.80 2,420.20 n/a
Other Financial Assets n/a n/a n/a n/a 2,323.50
Insurance/Re-Insurance Assets 2,071.70 1,883.50 1,637.60 1,126.40 878.70
           
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 1,227.70 1,082.00 939.70 782.60 537.10
Cash at Bank & in Hand 281.70 376.80 326.80 326.60 265.30
Other Current Assets n/a n/a n/a n/a n/a
Other Assets 455.10 300.40 66.50 10.70 20.60
Total Assets 7,585.40 6,802.50 5,859.10 4,860.80 4,202.40
           
Liabilities          
Insurance Contracts 3,975.00 3,736.40 3,313.90 2,749.50 2,295.00
Provisions for Risks and Charges n/a n/a n/a n/a n/a
Other Insurance Liabilities n/a n/a n/a n/a n/a
Borrowings 667.20 444.20 224.00 224.00 223.90
Provisions 0.40 n/a n/a n/a n/a
Other Liabilities 2,024.20 1,850.80 1,665.40 1,305.60 1,050.60
Total Liabilities 6,666.80 6,031.40 5,203.30 4,279.10 3,569.50
           
Net Assets 918.60 771.10 655.80 581.70 632.90
           
Capital & Reserves          
Share Capital 0.30 0.30 0.30 0.30 0.30
Share Premium Account 13.10 13.10 13.10 13.10 13.10
Other Reserves 55.10 31.40 52.40 51.80 2.70
Retained Earnings 840.90 713.50 580.30 505.70 599.60
Shareholders Funds 909.40 758.30 646.10 570.90 615.70
           
Minority Interests/Other Equity 9.20 12.80 9.70 10.80 17.20
Total Equity 918.60 771.10 655.80 581.70 632.90
Cash Flow 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Net Cash Flow From Operating Activities 236.60 184.10 332.30 432.40 310.90
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (33.60) (23.90) (22.70) (31.60) (47.80)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (304.90) (107.30) (310.00) (364.70) (256.30)
Net Increase/Decrease In Cash (101.90) 52.90 (0.40) 36.10 6.80
Ratios - based on IFRS 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16 31-Dec-15
Continuing Operations          
PE Ratio - Adjusted 15.6 14.9 17.1 23.2 15.5
PEG - Adjusted 1.9 0.9 0.3 n/a 3.9
Earnings per Share Growth - Adjusted 8% 17% 49% -27% 4%
Dividend Cover 1.51 1.52 1.51 1.52 1.83
Revenue per Share 747.66p 721.59p 606.63p 479.29p 404.18p
Pre-Tax Profit per Share 177.73p 165.23p 141.50p 98.58p 131.85p
Operating Margin 24.34% 23.44% 23.98% 21.41% 33.60%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 15.6 14.9 17.1 23.2 15.5
PEG - Adjusted 1.9 0.9 0.3 n/a 3.9
Earnings per Share Growth - Adjusted 8% 17% 49% -27% 4%
Dividend Cover 1.51 1.52 1.51 1.52 1.83
           
Dividend Yield 4.2% 4.4% 3.9% 2.8% 3.5%
Dividend per Share Growth 8.52% 16.80% 49.42% (11.75%) 27.06%
Operating Cash Flow per Share 80.47p 63.88p 116.53p 153.11p 111.18p
Cash Incr/Decr per Share (34.66p) 18.36p (0.14p) 12.78p 2.43p
Net Asset Value per Share (exc. Intangibles) 257.89p 211.35p 174.07p 148.50p 175.45p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

Top of Page