UK Commercial Property Reit Limited (UKCM)

Sector:

Real Estate

Index:

FTSE 250

77.30p
   
  • Change Today:
    -0.50p
  • 52 Week High: 84.10
  • 52 Week Low: 63.60
  • Currency: UK Pounds
  • Shares Issued: 1,299.41m
  • Volume: 3,023,997
  • Market Cap: £1,004.45m
  • RiskGrade: 248

Dividend Data

  31-Dec-2031-Dec-1931-Dec-1831-Dec-1731-Dec-16
1st Interim0.46p0.92p0.92p0.92p0.92p
2nd Interim0.46p0.92p0.92p0.92p0.92p
3rd Interim0.46p0.92p0.92p0.92p0.92p
4th Interim0.46p0.92p0.92p0.92p0.92p
Total Dividend2.37p3.68p3.68p3.68p3.68p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
Revenue 64.66 71.75 65.94 69.83 68.57
Operating Profit/(Loss) (2.32) 10.51 66.30 143.02 46.68
Net Interest (7.96) (8.12) (7.47) (7.85) (7.65)
Profit Before Tax (10.28) 1.69 58.84 135.17 39.03
Profit After Tax (10.28) 1.64 53.01 131.56 45.19
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD (10.28) 1.64 53.01 131.56 45.19
Attributable to:          
Equity Holders of Parent Company (10.28) 1.64 53.01 131.56 45.19
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic (0.79p) 0.13p 4.08p 10.12p 3.48p
Earnings per Share - Diluted (0.79p) 0.13p 4.08p 10.12p 3.48p
Earnings per Share - Adjusted 2.71p 3.50p 3.03p 3.42p 3.43p
Continuing and Discontinued EPS          
Earnings per Share - Basic (0.79p) 0.13p 4.08p 10.12p 3.48p
Earnings per Share - Diluted (0.79p) 0.13p 4.08p 10.12p 3.48p
Earnings per Share - Adjusted 2.71p 3.50p 3.03p 3.42p 3.43p
           
Dividend per Share 2.37p 3.68p 3.68p 3.68p 3.68p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties 1,173.00 1,310.00 1,431.02 1,332.92 1,242.27
Investments n/a n/a n/a n/a n/a
Other Financial Assets (0.19) (0.46) n/a n/a 0.01
Other Non-Current Assets n/a n/a n/a 3.27 6.51
  1,172.81 1,309.54 1,431.02 1,336.19 1,248.79
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 47.43 30.26 23.76 23.43 16.04
Cash at Bank & in Hand 122.74 48.98 43.51 72.44 104.89
Current Asset Investments 10.00 48.85 n/a n/a n/a
Other Current Assets n/a n/a n/a 47.60 28.35
  180.17 128.09 67.27 143.47 149.28
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 1,353.00 1,438.00 1,498.29 1,479.67 1,398.07
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 28.16 23.05 36.01 23.54 26.48
  28.16 23.05 36.01 23.54 26.48
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 197.85 247.45 249.66 249.13 248.53
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a 0.96 2.41
  197.85 247.45 249.66 250.09 250.94
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 226.01 270.49 285.67 273.62 277.43
           
Net Assets 1,127.00 1,167.00 1,212.62 1,206.05 1,120.64
           
Capital & Reserves          
Share Capital 540.00 540.00 539.87 539.87 539.87
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 587.10 627.27 672.75 666.17 580.77
Retained Earnings n/a n/a n/a n/a n/a
Shareholders Funds 1,126.98 1,167.14 1,212.62 1,206.05 1,120.64
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,127.00 1,167.00 1,212.62 1,206.05 1,120.64
Cash Flow 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Net Cash Flow From Operating Activities 31.26 32.06 45.91 42.39 49.42
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 129.96 31.56 (24.59) (19.48) 35.13
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 (87.45) (58.14) (50.25) (55.36) (55.44)
Net Increase/Decrease In Cash 73.76 5.48 (28.94) (32.45) 29.11
Ratios - based on IFRS 31-Dec-20 31-Dec-19 31-Dec-18 31-Dec-17 31-Dec-16
Continuing Operations          
PE Ratio - Adjusted 25.5 25.4 27.5 25.9 24.6
PEG - Adjusted n/a 1.6 n/a n/a n/a
Earnings per Share Growth - Adjusted -23% 16% -11% -0% -1%
Dividend Cover 1.14 0.95 0.82 0.93 0.93
Revenue per Share 4.98p 5.52p 5.08p 5.37p 5.28p
Pre-Tax Profit per Share (0.79p) 0.13p 4.53p 10.40p 3.00p
Operating Margin (3.59%) 14.65% 100.55% 204.81% 68.08%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 25.5 25.4 27.5 25.9 24.6
PEG - Adjusted n/a 1.6 n/a n/a n/a
Earnings per Share Growth - Adjusted -23% 16% -11% -0% -1%
Dividend Cover 1.14 0.95 0.82 0.93 0.93
           
Dividend Yield 3.4% 4.1% 4.4% 4.2% 4.4%
Dividend per Share Growth (35.57%) n/a n/a n/a n/a
Operating Cash Flow per Share 2.41p 2.47p 3.53p 3.26p 3.80p
Cash Incr/Decr per Share 5.68p 0.42p (2.23p) (2.50p) 2.24p
Net Asset Value per Share (exc. Intangibles) 86.73p 89.81p 93.32p 92.81p 86.24p
Net Gearing 6.66% 17.00% 17.00% 14.65% 12.82%

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.

 

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