31년 2023월 XNUMX일 마감된 연도의 결과
월 26 2024
엠프레사리아 그룹 PLC
("Empresaria" 또는 "그룹")
31년 2023월 XNUMX일 마감된 연도의 결과
Offshore Services demonstrates strength and resilience despite challenging market conditions
Empresaria, the global specialist staffing group, reports its results for the year ended 31 December 2023.
하이라이트 |
2023 |
2022 |
% 변화 |
% 변화(고정 통화)2 |
수익 | £ 250.3m | £ 261.3m | -4 % | -4 % |
순수수료 수입 | £ 57.5m | £ 65.4m | -12 % | -11 % |
조정 된 영업 이익1 | £ 5.1m | £ 10.2m | -50 % | -48 % |
영업 이익 | £ 1.7m | £ 8.8m | -80 % | |
세전 조정 이익1 | £ 3.5m | £ 9.0m | -61 % | |
과세 전 소득 | £ 0.1m | £ 7.6m | -99 % | |
조정 된 희석 주당 이익1 | 0.6p | 8.8p | -93 % | |
희석 (손실) / 주당 수익 | (5.9:XNUMX)p | 6.7p | -188 % |
· Challenging market conditions throughout 2023 impacted net fee income
o Reduced by 12% year-on-year to £57.5m
o 영구 배치 25% 감소
o 임시 및 계약 10% 감소
o Growth of 8% from our resilient offshore services offering
· Adjusted operating profit down 50% to £5.1m - reduction in net fee income partially offset by cost reductions
· Adjusted profit before tax down 61% to £3.5m reflecting increased interest costs
· Adjusted, diluted earnings per share reduced to 0.6p reflecting relative strength of Offshore Services which has a 28% non-controlling interest
· Adjusted net debt increased to £11.1m (31 December 2022: £7.9m) with strong headroom of £17.8m
· Proposed dividend of 1.0p per share (2022: 1.4p) reflecting the Board's confidence in the Group's medium-term prospects while acknowledging the lower level of profit in 2023
· Actions taken to reduce cost, reduce complexity and sharpen focus on our core sectors
1 사업 결합에서 식별된 무형 자산의 상각, 영업권 및 기타 무형 자산의 손상, 예외 항목, 비지배 주식 취득에 대한 공정 가치 비용 및 수익의 경우 관련 세금을 제외하도록 조정되었습니다.
2 일정한 통화 변동은 2022년 결과를 2023년 환율로 환산하여 계산합니다.
Rhona Driggs 최고경영자(CEO)는 다음과 같이 말했습니다.
"We experienced challenging market conditions throughout 2023 across all our markets and sectors. In particular, our permanent placement business declined significantly as client and candidate confidence remained low. Against this backdrop I am pleased to report that our Offshore Services operation proved their strength and resilience, delivering year-on-year growth.
We continue to focus on simplifying our operations and have made substantial progress in improving our operating models in our core sectors (Professional, IT, Healthcare) in order to drive increased productivity and maximise opportunities with our clients. We believe these changes will be key in driving long-term value.
Challenging market conditions are expected to continue throughout the first half of 2024, but I am confident in our ability to navigate through this environment and we are well positioned to respond as the market recovers."
투자자 프레젠테이션
Management will deliver an online results presentation open to all existing and potential investors via the Investor Meet Company platform on Tuesday 26 March 2024 at 4:00pm UK time.
투자자는 다음을 통해 무료로 가입할 수 있습니다. https://www.investormeetcompany.com/empresaria-group-plc/register-investor.
이 발표에 포함된 정보는 유럽 연합(철회)법 2014에 의거하여 영국 법률의 일부인 EU 시장 남용 규정(596/2018)의 영국 버전에 규정된 내부 정보를 구성하는 것으로 회사가 간주합니다. 수시로 수정 및 보완됩니다.
문의 :
엠프레사리아 그룹 PLC | 알마 홍보를 통해 |
Singer Capital Markets (후임 고문 및 공동 Broker)
| + 020 7496 3000 |
Cavendish Capital Markets Limited(합동 Broker) 마이클 존슨 / 재스퍼 베리(영업) | + 020 7220 0500 |
Alma Strategic Communications(금융 홍보) | + 020 3405 0205 |
편집자 참고 사항 :
§ Empresaria Group plc는 글로벌 전문 인력 그룹입니다. 우리는 사람들의 삶에 긍정적인 영향을 미치고 전 세계 고객에게 탁월한 재능을 제공한다는 목표에 따라 움직입니다. 우리는 전문, IT, 의료, 부동산, 건설 및 엔지니어링, 상업 및 해양 서비스의 XNUMX개 부문에 걸쳐 임시 및 계약 채용, 영구 채용 및 해외 서비스를 제공합니다.
§ Empresaria는 XNUMX개 지역(영국 및 유럽, APAC, 미주 및 Offshore Services)으로 구성되어 있으며 미국, 일본, 영국 및 독일의 XNUMX대 인력 시장을 포함한 전 세계 지사에서 운영되며 아시아 태평양 및 기타 지역의 강력한 입지를 자랑합니다. 라틴 아메리카.
§ Empresaria는 티커 EMR로 AIM에 등록되어 있습니다. 자세한 내용은 empresaria.com을 참조하십시오.
의장 발언
2023 성능
2023 was a challenging year for the Group with adverse macroeconomic conditions persisting throughout the year and impacting all our regions. Despite this there were some positive performances; it was particularly pleasing to see our Offshore Services operation continue to demonstrate its strength and resilience, growing both net fee income and profits.
사람들
As a result of market conditions in 2023, we significantly reduced our costs and, as part of this, our headcount across the Group.
I want to acknowledge and thank all of our teams for their hard work and dedication during what has been a challenging period. Their perseverance and determination stood out, and it is our people that will enable us to return to growth and deliver on our potential.
피제수
The Board has reviewed the dividend in line with the 2023 results and the current trading environment. For the year ended 31 December 2023 we are proposing a dividend of 1.0p per share, reduced from 1.4p in the prior year. This reflects the Board's confidence in the Group's medium-term prospects while acknowledging the lower level of profit in 2023. Subject to shareholder approval at the Annual General Meeting, the dividend will be paid on 13 June 2024 to shareholders on the register on 24 May 2024.
Outlook
The challenging economic environment has continued into 2024 and the outlook remains uncertain. We are, however, confident that the actions we have taken, and continue to take, to simplify our leadership and operational structures and create focus around our core operations, alongside the strength of our Offshore Services offering, leave us well positioned to benefit as and when market conditions improve and will enable us to realise the growth potential of the Group.
페니 프리어
의장
월 25 2024
최고 경영자의 검토
2023년 실적 개요
2023 was a challenging year as adverse market conditions persisted across the staffing sector and, as a result, we experienced declining demand across all of our regions.
The most significant impact was on permanent recruitment as clients deferred hiring decisions and candidates were less confident about moving roles. The slowing of the global IT staffing sector and Healthcare in the US also affected our temporary and contract business.
Our Offshore Services sector delivered year-on-year growth despite the challenging market conditions in the US which was more than offset by demand in Healthcare in the UK.
I am proud of our team and the resilience they demonstrated in navigating these difficult market conditions.
Throughout 2023 we took clear action to control costs and, as a result, our headcount, excluding Offshore Services, reduced by 17% over the course of the year. We are focussed on simplifying how we operate to reduce complexity, creating greater opportunities for cross selling across our core sectors. We have streamlined our leadership structure and brought our core sector businesses under a single leader in key markets such as the UK and the US. This will allow us to maximise our opportunities for cross selling across our core sectors and we have also been able to reduce the size of our senior management team, without impacting collaboration across the Group.
We also accelerated the roll out of our '180 operating model', in markets that had not already adopted it, separating our sales and delivery functions into specialised teams. This model creates greater focus for both our clients and candidates and will improve productivity, enhance the candidate and client experience, and create greater career opportunities for our staff. This transition is largely complete in our core sectors and markets.
As part of our focus on core sectors and markets, we took steps to streamline some of our operations to offer a more succinct go to market proposition for our clients. We merged our UK marketing brand into our lead Professional brand enabling us to offer marketing recruitment services seamlessly across a wider client base. We also took the decision to close our loss-making Vietnam operation. We are continuing to review the sub-sectors and markets in which the Group operates. We have identified four of our smaller operations, in either markets or sectors where we do not plan to invest, that we will exit during 2024. These would not have a material impact on the net fee income or profits of the Group but would continue the process of simplification and focus.
우리의 전략 이행
We have been on a transformative journey, transitioning from a large collection of disconnected brands to a more cohesive group with a common purpose, strategy, and values, supported by centralised functions.
Over the past year we have made good progress on our three key pillars for growth.
Our first pillar is focussed on our core sectors of Professional, IT and Healthcare in key markets where we see the greatest opportunity for growth. As mentioned, we have brought these core sectors under a single leader in each country to ensure we are positioned to capitalise when the market recovers. These changes will help accelerate our growth, cross sell our services more effectively to our existing client base, and create a greater value proposition for new clients.
Our growth ambition is largely built on organic activity. We recently launched our lead Professional recruitment brand in the US enabling us to provide a wider range of services to our well established client base in IT and Healthcare. We continue to review acquisition opportunities as they arise but will only consider future acquisitions in our core sectors and key markets, and only when timing and circumstances are right.
In our second pillar we are focussed on diversifying our service offering to clients, building strategic partnerships and cross selling our recruitment services to our client base. We have seen good progress with offering RPO solutions to our clients in Asia, in particular the Philippines, and in the UK we became strategic partners to several large MSP programmes for which we are leveraging our offshore delivery engine.
Our third pillar is to deliver continued growth in Offshore Services. We are pleased to have been able to deliver growth in both net fee income and profits in 2023, despite the adverse market conditions. We have also made good progress in increasing penetration of our clients through our diversified service offering. Accounting and finance support services are now 10% of our net fee income and we have had a good initial response to our marketing solutions offering.
Our strategy is underpinned by investment in technology, people and process. We have continued to enhance our technology platforms with all but one of our core sector businesses now on our global front office system. Our global database gives our delivery teams access to a wider set of candidates and allows our sales teams to more effectively identify cross selling opportunities. In 2023 we piloted a data analytics tool which will further drive productivity and we rolled this out across our core sectors at the start of 2024. In addition, our use of automation to support our candidate communications and compliance has meant that we have replaced 84,000 hours of manual tasks, reducing the administrative burden on our consultants while enhancing the candidate experience.
Our people are our most important asset, and we continue to invest in their development. Last year we launched our leadership development programme to equip our leaders with the skills and knowledge to drive growth and create a more sustainable business model for the future. We have also expanded our Top Talent Programme that was launched in Asia in 2022 to include the UK and Europe and this will be expanded further in 2024.
Update on roadmap to £20m
In October 2022, we laid out the roadmap to deliver our ambition of achieving £20m of operating profit in the medium term. Despite the setback from market conditions in 2023, we continue to believe this is an achievable goal and we have made good progress on our key pillars for growth. As we progress through 2024, we will have a clearer picture of how the market is recovering and will provide updates on our progress.
Outlook
Market conditions remain challenging and are expected to continue to be throughout the first half of 2024. We are cautiously optimistic that we will see an improvement in market sentiment in the second half of the year. We are seeing some positive movement in overall activity levels with our more focussed approach to sales and delivery. We are confident that alongside this, the actions we have taken, and continue to take, to streamline our operations and focus on our core sectors will enable us to execute our strategy more quickly and effectively and realise our growth ambitions.
로나 드릭스
최고 경영자(CEO)
월 25 2024
운영 검토
영국 및 유럽
£ m | 2023 | 2022 |
수익 | 116.8 | 124.9 |
순수수료 수입 | 24.9 | 28.4 |
조정 된 영업 이익 | 3.0 | 4.7 |
그룹 순수 수수료 수입의 % | 43% | 43% |
평균 직원 수 | 247 | 272 |
In UK & Europe, revenue reduced by 6% (8% in constant currency), net fee income reduced by 12% (13% in constant currency) and adjusted operating profit was down by 36% (38% in constant currency).
In the UK, net fee income reduced by 21% year-on-year with operating profit down by two-thirds. The fall in net fee income was primarily driven by a reduction in permanent hiring, which was down 30%, while temporary and contract net fee income was down 9%. Our largest sectors in the UK are IT and Professional and both saw significant reductions in net fee income with falls in demand seen across our client base. Towards the end of 2023 we brought our core operations in the UK under a single leader with a single management structure and we expect this to deliver significant benefits including through improving efficiency and increasing cross selling.
In Finland, our Healthcare business showed some improvements after a challenging 2022 with net fee income up 12% year on year. The operation recorded a small loss in the year but this was much reduced from the prior year.
In Germany, where our operations are focussed on the Commercial sector, we delivered a 2% decrease in net fee income with profits down 8%. Our best performance came from our operation that supports maintenance activity for businesses associated with the automotive industry, which delivered strong growth in both net fee income and profits. Our logistics operation delivered 3% growth in net fee income, but a 6% fall in profits reflecting inflationary pressures on its cost base. Our temporary staffing business has continued to deliver weaker results with falls in both net fee income and profits and a significant impact from strike actions at key clients in the latter part of the year.
Our operation in Austria is similar in nature to our temporary business in Germany and delivered solid results in the year with net fee income down 3%, but profits up 12%.
At the start of 2024 we brought our Commercial operations in Germany and Austria together under a single leader. This will create a more efficient structure and improve our ability to cross sell within and between these countries.
APAC
£ m | 2023 | 2022 |
수익 | 51.9 | 49.9 |
순수수료 수입 | 13.6 | 15.8 |
영업(손실)/이익 조정 | (0.8) | 0.8 |
그룹 순수 수수료 수입의 % | 23% | 24% |
평균 직원 수 | 304 | 292 |
In our APAC region revenue increased by 4% (9% in constant currency) and net fee income reduced by 14% (10% in constant currency). Overall, the region delivered a loss of £0.8m.
Our IT operations were impacted by the global fall in IT demand and Japan, our largest contributor in the region, saw net fee income fall by almost a fifth. Reductions were seen across both permanent, and temporary and contract hiring with key clients significantly reducing hiring requirements and contractor headcount at the end of 2022.
In Australia, our operation is focussed on digital and creative roles within our Professional sector. Results in 2023 continued to be disappointing after a poor 2022, with further falls in net fee income and an increase in the level of losses. Further action has been taken on the cost base of this operation in order to look to eliminate these losses.
The Philippines performed strongly in the year delivering net fee income growth of 20%. We achieved a new record level of net fee income and had ongoing success from our project RPO offering which accounted for more than 40% of net fee income in the year. We are looking to replicate this RPO success across the region.
Our aviation operation, which has offices in New Zealand, Singapore and Sweden, started to show improvement in trading, particularly in the second half of the year, with net fee income up by a third on 2022. We have seen success in expanding our operation into other roles in the industry and in growing permanent placements alongside our traditional pilot leasing offering. Although this operation continues to generate losses, we are pleased to see these improvements in trading.
In Thailand, the election in the year created significant political uncertainty. This led to a significant drop in demand, particularly from our international clients, as they adopted a wait and see approach to hiring. As a result, both net fee income and profits fell significantly compared to 2022.
In Singapore, which generated a record level of net fee income in 2022, we had a much more challenging year. Net fee income was down a quarter with permanent placement down significantly, partially offset by some promising improvements in temporary and contract. With the strong 2022 performance, significant investment in headcount had been made in that year and despite actions taken in 2023, the higher cost base at the start of the year meant that this operation delivered a loss.
Elsewhere in the region, Indonesia and Malaysia saw significant reductions in demand and as a result net fee income and profits reduced year-on-year. We took the decision to close our loss-making Vietnam operation in October 2023 in line with our strategy of focussing on markets where we see the greatest opportunity for growth.
미주
£ m | 2023 | 2022 |
수익 | 55.9 | 62.7 |
순수수료 수입 | 6.1 | 8.7 |
영업(손실)/이익 조정 | (0.9) | 1.5 |
그룹 순수 수수료 수입의 % | 10% | 13% |
평균 직원 수 | 131 | 160 |
In the Americas, revenue fell by 11% (12% in constant currency) and net fee income fell by 30% (31% in constant currency). Overall, the region delivered a loss of £0.9m.
Our US operations were the main driver of these results with net fee income reducing by half from 2022. In the US we operate primarily in the IT and Healthcare sectors, both of which saw sharp falls in demand during the year. In IT we were impacted by a combination of the general decline in IT staffing demand, particularly for permanent staff, alongside the collapse of Silicon Valley Bank which impacted a large number of our clients. While we have made good progress in broadening our client base and expanding our temporary and contract opportunities, demand remains extremely subdued. Healthcare demand has also dropped significantly, with the elevated pay levels seen in the last few years also dropping back. In August 2023, we launched our lead Professional brand in the US, targeting our existing client base, and enabling us to deliver to all of our core sectors in one of our key markets. It is early days for this new offering and, as expected, it contributed a loss in its first months of trading.
Our operations in Chile, which are focussed on the Commercial sector, had a strong year with net fee income up by 11% and profits up by a quarter. We have seen good success in offering multiple services to our clients in order to increase client penetration.
In Peru, we have seen ongoing disruption following recent changes to outsourcing laws. As a result, net fee income and profits fell year-on-year. We are confident that these have now settled down and that this operation is well positioned to return to growth.
근해 서비스
£ m | 2023 | 2022 |
수익 | 26.9 | 25.3 |
순수수료 수입 | 14.0 | 13.5 |
조정 된 영업 이익 | 7.5 | 7.1 |
그룹 순수 수수료 수입의 % | 24% | 20% |
평균 직원 수 | 2,565 | 2,481 |
Offshore Services had a strong 2023, delivering year-on-year growth despite the wider market conditions. Revenue increased by 6% (13% in constant currency), net fee income increased by 4% (9% in constant currency) and profits were up 6% (12% in constant currency). Our operations support the staffing sector, principally in the US and the UK, and provide any aspect of the end-to-end recruitment process alongside compliance, finance and accounting, and other services. Clients are predominantly third-party staffing companies, but this operation also plays an important role in supporting activity across the Group. We operate from two locations in India and one in the Philippines.
In the UK, demand from our healthcare clients remained strong for the majority of the year, albeit not showing the significant growth we have seen in the last two years. Towards the end of 2023 we saw some reduction as clients adjusted to lower demand from the NHS as it looks to manage its approach to agency spend.
In the US, in the first half of 2023 we saw a continuation of the reduction in demand that started in 2022. This was driven by the general weakness in US staffing, and particularly from IT recruiters which are the majority of our US clients. This stabilised in the second half of the year but has yet to show significant signs of a return to sustained growth. We remain confident that as and when conditions improve we will see an increase in demand and a return to growth.
부문 요약
수익 | 순수수료 수입 | |||
£ m | 2023 | 2022 | 2023 | 2022 |
전문 서비스 | 59.7 | 56.5 | 14.6 | 18.7 |
IT | 29.7 | 34.1 | 9.7 | 12.6 |
의료 | 9.2 | 17.6 | 2.1 | 3.2 |
부동산, 건설 및 엔지니어링 | 9.4 | 9.2 | 2.0 | 2.2 |
Commercial | 117.4 | 120.5 | 16.2 | 16.6 |
근해 서비스 | 26.1 | 24.9 | 14.0 | 13.1 |
그룹 내 제거 | (1.2) | (1.5) | (1.1) | (1.0) |
금액 | 250.3 | 261.3 | 57.5 | 65.4 |
Professional saw good growth in temporary and contract revenue, particularly from our lower margin aviation contracts, which drove an overall increase in revenue of 6%. The significant fall in permanent placement activity, particularly across APAC and the UK, meant that overall net fee income was down 22% year-on-year.
In IT, revenue was down 13% and net fee income was down 23% reflecting the significant fall in global IT staffing demand.
Healthcare revenue was down 48%, with net fee income down 34%, driven by our US Healthcare operations.
Property, Construction & Engineering, showed a small improvement in revenue which was up 2% year-on-year with net fee income down 9%.
Our Commercial sector showed itself to be fairly resilient with revenue down 3% and net fee income down 2% with a strong performance in Chile partially offsetting weaker ones elsewhere.
Offshore Services performed strongly despite the market conditions.
재무 검토
살펴보기
The Group's 2023 results reflect tough market conditions with revenue down 4%, net fee income down 12% and adjusted operating profit down by 50%. Higher net interest costs due to the continued increase in base rates during the year are reflected in a 61% decrease in adjusted profit before tax and, when combined with a greater weighting of profit towards our non-controlling interests, a 93% decrease in adjusted, diluted earnings per share.
Our adjusted net debt has increased during the year to £11.1m (2022: £7.9m). This increase was driven by adverse foreign exchange movements, a higher proportion of tax cash payments reflecting the impact of loss-making subsidiaries, and cash outflows in other areas such as capital expenditure and dividends. The reduction in net fee income did not result in a significant net working capital inflow in 2023 as working capital is primarily driven by revenue which fell by just 4% and much of the working capital impact of this reduction was realised at the end of 2022. The Group continues to have significant headroom in its financing facilities with £17.8m of headroom (excluding invoice financing) at 31 December 2023.
손익 계산서
| 2023 £ m | 2022 £ m |
% 변화 | % 변화 일정한 통화2 |
수익 | 250.3 | 261.3 | -4 % | -4 % |
순수수료 수입 | 57.5 | 65.4 | -12 % | -11 % |
영업 이익 | 1.7 | 8.8 | -80 % | |
조정 된 영업 이익1 | 5.1 | 10.2 | -50 % | -48 % |
과세 전 소득 | 0.1 | 7.6 | -99 % | |
세전 조정 이익1 | 3.5 | 9.0 | -61 % | |
희석 (손실) / 주당 수익 | (5.9:XNUMX)p | 6.7p | -188 % | |
조정 및 희석 주당순이익1 | 0.6p | 8.8p | -93 % |
1 사업 결합에서 식별된 무형 자산의 상각, 영업권 및 기타 무형 자산의 손상, 예외 항목, 비지배 주식 취득에 대한 공정 가치 비용 및 수익의 경우 관련 세금을 제외하도록 조정되었습니다. 세전 이익과 세전 조정 이익 간의 조정에 대해서는 주석 6를 참조하십시오.
2 일정한 통화 이동은 2022년 결과를 2023년 환율로 환산하여 계산됩니다.
Revenue decreased by 4% (4% in constant currency) with net fee income decreasing by 12% (11% in constant currency). The fall in net fee income reflects the revenue mix with net fee income from permanent placement down 25% and temporary and contract down 10% partially offset by a strong performance in offshore services which grew 8%. Staff productivity was impacted by the market conditions and although significant actions were taken to reduce costs, adjusted operating profit was down 50% from 2022.
A detailed analysis of the results by region is provided in the operating review. Central costs reduced slightly to £3.7m (2022: £3.9m).
Adjusted profit before tax decreased by 61% to £3.5m reflecting the reduction in adjusted operating profit and an increased net interest cost due to the impact of higher interest rates. The reported profit before tax of £0.1m (2022: £7.6m) additionally reflects amortisation of intangible assets identified in business combinations of £1.2m (2022: £1.4m), a charge for impairment of goodwill of £1.5m (2022: £nil), exceptional items of £0.6m (2022: £nil) and a fair value charge on acquisition of non-controlling shares of £0.1m (2022: £nil).
The impairment of goodwill was in our UK & Europe region and reflects recent poor results in our operations in the Healthcare, and Property, Construction & Engineering sectors and a more pessimistic view on the time frame for these to improve. Further details are provided in note 8.
Exceptional items reflect the costs of closing our Vietnam operation in the second half of 2023 (£0.3m), along with the costs associated with making changes to the Group's senior management (£0.3m) as discussed in more detail in the Chief Executive's review.
The total tax charge for the year is £1.4m (2022: £2.8m) which, due to the low level of profit before tax, does not result in a meaningful effective tax rate (2022: 37%). On an adjusted basis, the effective rate is 46% (2022: 34%). The effective tax rate is higher than the underlying tax rates due to a number of factors, including:
? expenses not deductible for tax purposes (£0.1m);
? withholding taxes, dividend taxes, and deferred tax liabilities on unremitted earnings in respect of our overseas operations (£0.4m); and
? deferred tax assets not recognised for certain tax losses around the Group (£0.9m),
부분적으로 오프셋:
? expenses with enhanced deductions for tax purposes (£0.1m); and
? the recognition of prior year losses (£0.3m).
Adjusted, diluted earnings per share decreased by 93% to 0.6p. This reflects the decrease in adjusted profit before tax and an increase in the proportion of profits allocated to non-controlling interests due to the strong performance in our Offshore Services operation where there is a 28% non-controlling interest. Reported diluted earnings per share decreased to a loss of 5.9p reflecting the above and the impact of impairment charges and
exceptional items in the year.
대차 대조표
2023 | 2022 | |
£ m | £ m | |
영업권 및 기타 무형 자산 | 36.6 | 40.1 |
매출 채권 및 기타 채권 | 44.7 | 46.7 |
현금 및 현금성 자산 | 17.1 | 22.3 |
사용권 자산 | 6.4 | 7.5 |
기타 자산 | 8.1 | 7.2 |
총자산 | 112.9 | 123.8 |
매입 채무 및 기타 채무 | (31.5) | (33.3) |
차입금 | (27.9) | (29.6) |
리스 부채 | (6.9) | (7.9) |
기타 부채 | (3.7) | (4.0) |
총 부채 | (70.0) | (74.8) |
순자산 | 42.9 | 49.0 |
Goodwill and other intangible assets arise from the investments and acquisitions the Group has made. At 31 December 2023 the balance was £36.6m (2022: £40.1m) with the movement in 2023 due to £1.4m of amortisation of intangible assets (2022: £1.6m), foreign exchange losses of £1.0m (2022: gains of £1.8m), impairment charges of £1.5m (2022: £nil) and additions of £0.4m (2022: £0.1m).
Trade and other receivables include trade receivables of £31.0m (2022: £33.3m) with the decrease from 2022 reflecting the trading performance and mix. Average debtor days for the Group in 2023 reduced to 41 (2022: 45), with debtor days at 31 December 2023 of 41 (2022: 43). The income statement includes a charge of £0.3m (2022: £nil) in respect of impairment losses on trade receivables.
현금 및 차입금은 아래의 자금조달 섹션에서 논의됩니다.
현금 흐름
The Group is typically highly cash generative with an historically strong correlation between pre-tax profits and cash flows. The Group measures its free cash flow as a key performance indicator and defines this as net cash from operating activities per the cash flow statement, excluding cash flows related to pilot bond liabilities (see financing section below) and after deducting payments made under lease agreements.
2023 | 2022 | |
£ m | £ m | |
영업활동으로 인한 순현금유입 현금 흐름표 당 | 5.5 | 14.7 |
Remove cash flows related to pilot bonds | 0.3 | 0.1 |
Deduct payments under lease agreements | (5.4) | (5.3) |
무료 현금 흐름 | 0.4 | 9.5 |
과세 | 3.2 | 4.2 |
무료 현금 흐름(세전) | 3.6 | 13.7 |
Free cash flow in 2023 was significantly lower than 2022, with the largest drivers being the reduction in profits and a large working capital inflow of £3.5m in 2022 compared to a £0.1m working capital inflow in 2023 (both excluding pilot bonds). The Group also presents a pre-tax free cash flow measure as tax payments in a global business can be volatile.
The Group utilised its free cash flow as follows:
2023 | 2022 | |
£ m | £ m | |
무료 현금 흐름 | 0.4 | 9.5 |
기존 자회사 주식 매입 | (0.1) | (0.1) |
자산, 플랜트, 장비, 소프트웨어 구매 | (1.4) | (2.1) |
Empresaria Group plc 소유주에게 지급된 배당금 | (0.7) | (0.6) |
비 지배 지분에 대한 배당금 | (0.9) | (0.4) |
직원 복리후생 신탁의 자기주식 매입 | (0.3) | (0.3) |
다른 매물 | (0.2) | 0.1 |
(Increase)/decrease in adjusted net debt | (3.2) | 6.1 |
Purchase of property, plant and equipment, and software of £1.4m includes ongoing investments in the office, IT and infrastructure of our Offshore Services operation. Spend is much reduced from 2022 reflecting the lower levels of headcount growth. Dividends paid to our shareholders were £0.7m (2022: £0.6m) reflecting the increased dividend paid in the year. The Group has continued to purchase Empresaria shares, transferring these into the Employee Benefit Trust to satisfy future share option exercises, and these purchases totalled £0.3m in 2023 (2022: £0.3m). Dividends paid to non-controlling interests were £0.9m (2022: £0.4m) with the increase reflecting the growth of Offshore Services.
할부
그룹의 재무 기능은 중앙에서 관리되며 그룹의 재무 위험 관리 정책은 연례 보고서의 주석 23에 명시되어 있습니다.
2023 | 2022 | |
£ m | £ m | |
현금 및 현금성 자산 | 17.1 | 22.3 |
파일럿 채권 | (0.3) | (0.6) |
조정된 현금 | 16.8 | 21.7 |
초과 인출 | (15.2) | (17.1) |
인보이스 파이낸싱 | (3.2) | (3.5) |
은행 대출 | (9.5) | (9.0) |
총 차입금 | (27.9) | (29.6) |
조정된 순 부채 | (11.1) | (7.9) |
Adjusted net debt at 31 December 2023 increased to £11.1m (2022: £7.9m) reflecting the cash flows discussed above. Adjusted net debt excludes cash of £0.3m (2022: £0.6m) held to match pilot bonds within our aviation business. Where required by the client, pilot bonds are taken at the start of the pilot's contract and are repayable to the pilot or the client during the course of the contract or if it ends early. There is no legal restriction over this cash, but given the requirement to repay it over a three-year period and that to hold these is a client requirement, we exclude cash equal to the amount of the bonds when calculating our adjusted net debt measure. Movements in the level of bonds have no impact on our adjusted net debt measure.
During 2023, the month-end average adjusted net debt position was £8.3m (2022: £11.0m) with a month end high of £11.1m at 31 December (2022: £16.1m at 28 February) and a month end low of £6.2m at 31 January (2022: £7.9m at 31 December).
Our debt to debtors ratio (adjusted net debt as a percentage of trade receivables) has increased to 36% (2022: 24%) reflecting the increase in adjusted net debt. We continue to target a sustained debt to debtors position of 25%.
Total borrowings were £27.9m (2022: £29.6m) being bank overdrafts of £15.2m (2022: £17.1m), invoice financing of £3.2m (2022: £3.5m) and bank loans of £9.5m (2022: £9.0m). The Group's borrowings are principally held to fund working capital requirements and are mainly due within one year. As at 31 December 2023, £9.2m of borrowings are shown as non-current (2022: £0.5m) with the increase reflecting the revolving credit facility which was refinanced in March 2023 (see note 12).
그룹은 운전 자본 및 자금 조달 요건을 관리하기 위한 다양한 시설을 유지합니다. 31년 2023월 50.8일에 그룹은 총 £2022m(54.8년: £XNUMXm)의 시설을 보유했습니다.
2023 | 2022 | |
£ m | £ m | |
영국 시설 | ||
초과 인출 | 10.0 | 10.0 |
회전 신용 시설 | 15.0 | 15.0 |
송장 금융 시설 | 7.5 | 10.0 |
영국 전체 시설 | 32.5 | 35.0 |
유럽 대륙 시설 | 12.1 | 12.4 |
APAC facilities | 1.8 | 2.3 |
미주 시설 | 4.4 | 5.1 |
50.8 | 54.8 | |
미사용 시설(송장 융자 제외) | 17.8 | 17.9 |
Undrawn facilities have remained at a high level with improved cash efficiency offsetting the increase in adjusted net debt.
Covenants are tested on a quarterly basis in respect of the revolving credit facility and all covenants were met during the year. The covenants, and our performance against them at 31 December 2023, are as follows:
계약 | 목표 | 실제 |
순 부채: EBITDA | <2.5 배 | 1.2 |
이자 커버 | > 4.0 배 | 5.2 |
경영 자산
이전 연례 보고서에서 강조한 바와 같이 그룹은 차기 자회사 경영진을 위한 XNUMX세대 지분 제도 발행에서 벗어나 적절한 대체 인센티브 제도를 마련했습니다. 기존 지분 및 약정은 그대로 유지되며 이러한 계정에 계속 반영됩니다.
언제든지 경영진이 보유한 주식을 취득해야 하는 그룹의 법적 의무는 없습니다. 추가 정보는 연례 보고서의 주석 27에 제공됩니다.
당해 연도에 그룹은 총 0.1만 파운드에 경영진으로부터 주식을 인수했습니다.
피제수
During the year, the Group paid a dividend of 1.4p per share in respect of the year ended 31 December 2022. For the year ended 31 December 2023, the Board is proposing a dividend of 1.0p per share. Subject to shareholder approval at the Annual General Meeting, the dividend will be paid on 13 June 2024 to shareholders on the register on 24 May 2024.
관심가는
The Board has undertaken a recent and thorough review of the Group's budget, forecasts and associated risks and sensitivities. Given the latest forecasts and early trading performance, the Group is expected to be able to continue in operational existence for the foreseeable future, being a period of at least 12 months from the date of approval of these accounts. As a result, the going concern basis continues to be appropriate in preparing the financial statements. Further details on going concern are found in note 1 of the annual report.
팀 앤더슨
최고 재무담당자(CFO)
월 25 2024
연결 손익 계산서
31년 2023월 XNUMX일로 종료되는 회계연도
2023 | 2022 | ||
| 주의 사항 | £ m | £ m |
|
|
| |
수익 | 2 | 250.3 | 261.3 |
매출원가 |
| (192.8) | (195.9) |
순수수료 수입 | 2 | 57.5 | 65.4 |
관리 비용 |
| (52.4) | (55.2) |
조정 된 영업 이익 | 2 | 5.1 | 10.2 |
예외 품목 | 3 | (0.6) | - |
Fair value on acquisition of non-controlling shares |
| (0.1) | - |
영업권의 손상 | 8 | (1.5) | - |
사업결합에서 식별된 무형자산의 상각 | 9 | (1.2) | (1.4) |
영업 이익 |
| 1.7 | 8.8 |
금융 수입 | 4 | 0.6 | 0.3 |
금융 비용 | 4 | (2.2) | (1.5) |
순 금융 비용 | 4 | (1.6) | (1.2) |
과세 전 소득 |
| 0.1 | 7.6 |
과세 | 5 | (1.4) | (2.8) |
(손실) / 연간 이익 |
| (1.3) | 4.8 |
|
|
| |
원인 : |
|
| |
Empresaria Group PLC의 소유자 |
| (2.9) | 3.4 |
비 지배 지분 |
| 1.6 | 1.4 |
| (1.3) | 4.8 | |
|
| ||
| 펜스 | 펜스 | |
주당 순이익 |
|
| |
Basic | 7 | (5.9) | 6.9 |
희석 | 7 | (5.9) | 6.7 |
|
조정된 주당순이익의 세부사항은 주석 7에 기재되어 있습니다.
연결포괄손익계산서
31년 2023월 XNUMX일로 종료되는 회계연도
2023 | 2022 | |
£ m | £ m | |
(손실) / 연간 이익 | (1.3) | 4.8 |
기타 포괄 손익 |
| |
손익계산서 이후에 재분류될 수 있는 항목은 다음과 같습니다. |
| |
해외사업장 환산차이 | (2.2) | 2.6 |
손익계산서에 재분류되지 않는 항목: |
| |
해외사업장의 비지배지분 환산에 따른 외환차이 | (0.4) | 0.3 |
기타포괄(손실)/소득 | (2.6) | 2.9 |
해당 연도의 총 포괄 (손실) / 소득 | (3.9) | 7.7 |
| ||
원인 : |
| |
Empresaria Group PLC의 소유자 | (5.1) | 6.0 |
비 지배 지분 | 1.2 | 1.7 |
(3.9) | 7.7 |
연결 대차 대조표
31년 2023월 XNUMX일 현재
2023 | 2022 | ||
| 주의 사항 | £ m | £ m |
비유동 자산 |
| ||
재산, 식물 및 장비 | 2.4 | 2.8 | |
사용권 자산 |
| 6.4 | 7.5 |
친선 | 8 | 29.7 | 31.9 |
기타 무형 자산 | 9 | 6.9 | 8.2 |
이연 법인세 자산 |
| 5.7 | 4.4 |
| 51.1 | 54.8 | |
유동 자산 |
|
| |
매출 채권 및 기타 채권 | 10 | 44.7 | 46.7 |
현금 및 현금성 자산 |
| 17.1 | 22.3 |
| 61.8 | 69.0 | |
총자산 |
| 112.9 | 123.8 |
|
| ||
유동 부채 |
|
| |
매입 채무 및 기타 채무 | 11 | 31.5 | 33.3 |
현재 세금 부채 |
| 1.3 | 1.5 |
차입금 | 12 | 18.7 | 29.1 |
리스 부채 |
| 4.3 | 5.3 |
| 55.8 | 69.2 | |
비유동 부채 |
|
| |
차입금 | 12 | 9.2 | 0.5 |
리스 부채 |
| 2.6 | 2.6 |
이연 법인세 부채 |
| 2.4 | 2.5 |
14.2 | 5.6 | ||
총 부채 | 70.0 | 74.8 | |
순자산 | 42.9 | 49.0 | |
| |||
공평 |
| ||
주식 자본 | 2.5 | 2.5 | |
프리미엄 계정 공유 | 22.4 | 22.4 | |
합병준비금 | 0.9 | 0.9 | |
자기자본 | (10.2) | (10.2) | |
번역 예약 | 1.6 | 3.8 | |
이익 잉여금 | 19.2 | 23.4 | |
Empresaria Group plc의 소유주에게 귀속되는 지분 | 36.4 | 42.8 | |
비 지배 지분 | 6.5 | 6.2 | |
총 자본 | 42.9 | 49.0 | |
|
|
연결자본변동표
31년 2023월 XNUMX일로 종료되는 회계연도
| Empresaria Group plc의 소유주에게 귀속되는 지분 | ||||||||
| 주식 자본 | 프리미엄 계정 공유 | 합병준비금 | 자기자본 | 번역 예약1 | 이익 잉여금1 | 금액 | 비 지배 지분 | 총 자본 |
| £ m | £ m | £ m | £ m | £ m | £ m | £ m | £ m | £ m |
|
|
|
|
|
|
|
|
|
|
31년 2021월 XNUMX일 | 2.5 | 22.4 | 0.9 | (10.2) | 1.2 | 20.6 | 37.4 | 4.9 | 42.3 |
올해의 이익 | - | - | - | - | - | 3.4 | 3.4 | 1.4 | 4.8 |
해외사업장 환산차이 | - | - | - | - | 2.6 | - | 2.6 | 0.3 | 2.9 |
당해 년도 총 포괄 이익 | - | - | - | - | 2.6 | 3.4 | 6.0 | 1.7 | 7.7 |
Dividends paid to owners of Empresaria Group plc (see note 14) | - | - | - | - | - | (0.6) | (0.6) | - | (0.6) |
비 지배 지분에 대한 배당금 | - | - | - | - | - | - | - | (0.4) | (0.4) |
직원 복리후생 신탁의 자기주식 매입 | - | - | - | - | - | (0.3) | (0.3) | - | (0.3) |
주식 기반 지불 | - | - | - | - | - | 0.3 | 0.3 | - | 0.3 |
31년 2022월 XNUMX일 | 2.5 | 22.4 | 0.9 | (10.2) | 3.8 | 23.4 | 42.8 | 6.2 | 49.0 |
(손실) / 연간 이익 | - | - | - | - | - | (2.9) | (2.9) | 1.6 | (1.3) |
해외사업장 환산차이 | - | - | - | - | (2.2) | - | (2.2) | (0.4) | (2.6) |
해당 연도의 총 포괄 (손실) / 소득 | - | - | - | - | (2.2) | (2.9) | (5.1) | 1.2 | (3.9) |
Dividends paid to owners of Empresaria Group plc (see note 14) | - | - | - | - | - | (0.7) | (0.7) | - | (0.7) |
비 지배 지분에 대한 배당금 | - | - | - | - | - | - | - | (0.9) | (0.9) |
직원 복리후생 신탁의 자기주식 매입 | - | - | - | - | - | (0.3) | (0.3) | - | (0.3) |
주식 기반 지불 | - | - | - | - | - | (0.3) | (0.3) | - | (0.3) |
31년 2023월 XNUMX일 | 2.5 | 22.4 | 0.9 | (10.2) | 1.6 | 19.2 | 36.4 | 6.5 | 42.9 |
1 The Group has amended its presentation of reserves compared to previous years as is explained further in note 1.
연결 현금 흐름표
31년 2023월 XNUMX일로 종료되는 회계연도
2023 | 2022 | |
£ m | £ m | |
(손실) / 연간 이익 | (1.3) | 4.8 |
다음에 대한 조정 : |
| |
유형자산 감가상각 및 소프트웨어 상각 | 1.5 | 1.1 |
사용권 자산 감가 상각 | 5.4 | 5.4 |
비지배주 취득에 대한 공정가치 부과 | 0.1 | - |
영업권의 손상 | 1.5 | - |
사업결합에서 식별된 무형자산의 상각 | 1.2 | 1.4 |
주식 기반 지불 | (0.3) | 0.3 |
순 금융 비용 | 1.6 | 1.2 |
과세 | 1.4 | 2.8 |
11.1 | 17.0 | |
매출채권 및 기타수취채권의 감소 | 0.2 | 6.9 |
Decrease in trade and other payables (including pilot bonds outflow of £0.3m (2022: outflow of £0.1m)) | (0.4) | (3.5) |
운영에서 발생하는 현금 | 10.9 | 20.4 |
지불된 금융 비용 | (2.2) | (1.5) |
납부 한 소득세 | (3.2) | (4.2) |
영업활동으로 인한 순현금유입 | 5.5 | 14.7 |
| ||
투자 활동으로 인한 현금 흐름 |
| |
자산, 플랜트, 장비, 소프트웨어 구매 | (1.4) | (2.1) |
금융 소득 수령 | 0.6 | 0.3 |
투자활동으로 인한 순현금유출 | (0.8) | (1.8) |
|
| |
금융 활동으로 인한 현금 흐름 | ||
당좌대월 감소 | (1.7) | (1.8) |
은행 대출 수익 | 1.0 | - |
은행 대출 상환 | (0.4) | (2.7) |
인보이스 파이낸싱 감소 | (0.3) | (1.2) |
리스에 따른 의무의 지불 | (5.4) | (5.3) |
기존 자회사 주식 매입 | (0.1) | (0.1) |
직원 복리후생 신탁의 자기주식 매입 | (0.3) | (0.3) |
Empresaria Group plc 소유주에게 지급된 배당금 | (0.7) | (0.6) |
비 지배 지분에 대한 배당금 | (0.9) | (0.4) |
재무활동으로 인한 순현금유출 | (8.8) | (12.4) |
|
| |
현금 및 현금 등가물 순 (감소) / 증가 | (4.1) | 0.5 |
외환 움직임 | (1.1) | 0.7 |
연초의 현금 및 현금성자산 | 22.3 | 21.1 |
연말기준 현금및현금성자산 | 17.1 | 22.3 |
|
|
| 2023 | 2022 |
| £ m | £ m |
연초 은행 당좌 대월 | (17.1) | (18.2) |
연도 감소 | 1.7 | 1.8 |
외환 움직임 | 0.2 | (0.7) |
연말 은행 당좌차월 | (15.2) | (17.1) |
연말의 현금, 현금 등가물 및 은행 당좌차월 | 1.9 | 5.2 |
1 기초 준비 일반 정보mation
재무 정보는 31년 2023월 XNUMX일 종료된 연도의 감사 재무 정보에서 요약되었습니다.
ThEFinancial in체재i세트 오에u위의 t는 n공동nstitu테he 컴파ny's 통합 스탯u토리 악보unt에 대한 th전자 년 전자n31년 2023월 2022일 또는 XNUMX년 but i데르it에서 vedh오세아코unTS. 통계u토리 악보un2022년 TS h드가되었습니다lit로 확인h전자 등록i콤파의 별ni그ndth2023 w에 대한 oseil내가 드li검증된llowingthe 컴파ny'에이뉴알 게n영원한 만남ing. 티h~에있다udi토르 have는 t에 보고했습니다.h오세아코unTS; 티hei보고서는 unqualifi에드, 디id not draw attention to any matters by way of emphasis without qualifying their reports and did not contain statements under s498(2) or (3) Companies Act 2006 or equivalent preceding legislation.
회계 정책은 해당 연도에 발효된 새로운 기준, 수정 및 해석의 채택을 반영하기 위해 수정된 대로 2022년 재무제표에 명시된 것과 일관되게 적용되었습니다. 2023년 동안 새로운 기준, 개정 또는 해석은 재무제표에 중대한 영향을 미치지 않았습니다.
In 2023, the Group has chosen to make some changes to its presentation of the components of equity. The Group's other reserves (31 December 2022: £(0.3)m, 31 December 2021: £(0.6)m), which included the share-based payment reserve (31 December 2022: £1.0m, 31 December 2021: £0.6m) and the exchange differences on intercompany amounts treated as a net investment in foreign operations (31 December 2022: £(1.3)m, 31 December 2021: £(1.2)m), has been combined into other components of equity. The share-based payment reserve has been combined into retained earnings and the foreign exchange element has been combined with the retranslation reserve into a single translation reserve. The Group believes this provides a clearer and simpler presentation of its equity components. These changes have been reflected in the information presented for 2023, 2022 and 2021.
본 예비공시에 포함된 재무정보는 영국이 채택한 국제회계기준의 인식 및 측정 기준에 따라 작성되었지만, 본 공시 자체에는 영국이 채택한 국제회계기준을 준수하기에 충분한 재무정보가 포함되어 있지 않습니다. 그룹은 2024년 XNUMX월에 영국이 채택한 국제 회계 표준을 준수하는 전체 재무제표를 게시할 예정입니다.
2 세그먼트 및 수익 분석
자원 배분 및 부문 성과 평가를 위해 그룹의 최고 운영 의사결정자로 간주되는 그룹 집행위원회에 보고된 정보는 그룹의 XNUMX개 지역을 기준으로 합니다.
그룹은 영구 배치, 임시 및 계약 배치, 역외 서비스 등 여러 서비스 라인에 걸쳐 제공되는 직원 채용 및 채용 서비스 제공이라는 하나의 주요 활동을 수행합니다.
그룹의 지역별 결과 분석은 다음과 같습니다.
2023 | 2022 |
| ||||||
| 수익 | 순수수료 수입 | 조정영업이익/(손실) | 수익 | 순수수료 수입 | Adjusted operating profit/ (손실) | ||
영국 및 유럽 | 116.8 | 24.9 | 3.0 | 124.9 | 28.4 | 4.7 | ||
APAC | 51.9 | 13.6 | (0.8) | 49.9 | 15.8 | 0.8 | ||
미주 | 55.9 | 6.1 | (0.9) | 62.7 | 8.7 | 1.5 | ||
근해 서비스 | 26.9 | 14.0 | 7.5 | 25.3 | 13.5 | 7.1 | ||
중앙 비용 | - | - | (3.7) | - | - | (3.9) | ||
그룹 내 제거 | (1.2) | (1.1) | - | (1.5) | (1.0) | - | ||
250.3 | 57.5 | 5.1 | 261.3 | 65.4 | 10.2 | |||
3 Exceptional items
Exceptional items are those items that in the Directors' view are required to be separately disclosed by virtue of their size, nature or incidence. Adjusted operating profit, adjusted profit before tax and adjusted earnings per share are considered to be key measures in understanding the Group's financial performance and exclude exceptional items.
2023 | 2022 | |
£ m | £ m | |
Closure of Vietnam Operation | 0.3 | - |
고위 경영진의 구조 조정 | 0.3 | - |
0.6 | 0.3 |
4 금융 수입 및 비용
2023 | 2022 | |
£ m | £ m | |
금융 수입 |
| |
은행 이자 | 0.6 | 0.3 |
0.6 | 0.3 | |
금융 비용 |
| |
인보이스 파이낸싱 | (0.3) | (0.1) |
은행 대출 및 당좌 대월 | (1.6) | (1.1) |
리스부채에 대한 이자 | (0.3) | (0.3) |
(2.2) | (1.5) | |
순 금융 비용 | (1.6) | (1.2) |
|
|
5 과세
해당 연도의 세금 비용은 다음과 같습니다.
2023 | 2022 | |
£ m | £ m | |
현재 세금 |
| |
당기 소득세 비용 | 2.9 | 3.9 |
전년도에 대한 조정 | - | (0.1) |
총 현재 세금 비용 | 2.9 | 3.8 |
이연 법인세 |
| |
On origination and reversal of temporary differences | (1.1) | (1.0) |
세율 변경에 관하여 | (0.1) | - |
이전에 인식하지 못한 세금 손실의 인식 | (0.3) | - |
총 이연 세액 공제 | (1.5) | (1.0) |
손익 계산서의 총 법인세 비용 | 1.4 | 2.8 |
6 조정된 세전 이익을 세전 이익으로 조정
2023 | 2022 | |
£ m | £ m | |
과세 전 소득 | 0.1 | 7.6 |
예외 품목 | 0.6 | - |
비지배주 취득에 대한 공정가치 부과 | 0.1 | - |
영업권의 손상 | 1.5 | - |
사업결합에서 식별된 무형자산의 상각 | 1.2 | 1.4 |
세전 조정 이익 | 3.5 | 9.0 |
7 주당순이익
기본 주당 수익은 Empresaria Group plc 소유주에게 귀속되는 수익을 해당 연도의 가중 평균 발행 주식 수로 나누어 평가합니다. 희석주당이익은 기본주당이익으로 산정하되 잠재적으로 발행될 수 있는 주식의 희석효과를 고려하여 가중평균주식수를 조정합니다. 2023년과 2022년에는 모두 주식 옵션과 관련이 있습니다. 기본 측정값과 희석 측정값 간의 조정은 다음과 같습니다.
그룹은 또한 그룹 성과의 주요 척도로 간주되는 조정된 주당 순이익을 제시합니다. 조정된 수입에 대한 수입 조정은 아래에 제공됩니다.
2023 | 2022 | |
£ m | £ m | |
Empresaria Group plc 소유주에게 귀속되는 수익 | (2.9) | 3.4 |
조정 : |
| |
예외 품목 | 0.6 | - |
비지배주 취득에 대한 공정가치 부과 | 0.1 | - |
영업권의 손상 | 1.5 | - |
사업결합에서 식별된 무형자산의 상각 | 1.2 | 1.4 |
위의 세금 | (0.2) | (0.3) |
조정 된 수입 | 0.3 | 4.5 |
|
| |
주식수 | 수백만 | 수백만 |
가중 평균 주식 수 - 기본 | 49.1 | 49.4 |
주식선택권의 희석효과 | 0.7 | 1.5 |
가중 평균 주식 수 - 희석 | 49.8 | 50.9 |
| ||
주당 순이익 | 펜스 | 펜스 |
Basic | (5.9) | 6.9 |
주식선택권의 희석효과 | - | (0.2) |
희석 | (5.9) | 6.7 |
| ||
조정 된 주당 수익 | 펜스 | 펜스 |
Basic | 0.6 | 9.1 |
주식선택권의 희석효과 | - | (0.3) |
희석 | 0.6 | 8.8 |
|
In 2023, all share options were antidilutive for the purpose of assessing diluted earnings per share in accordance with IAS 33 Earnings Per Share. As such, diluted earnings per share and basic earnings per share were equal. As these options are nil-cost options these were reflected as dilutive in assessing adjusted, diluted earnings per share presented above.
가중 평균 주식 수(기본)는 해당 연도 동안 발행된 가중 평균 주식 수에 이미 부여된 주식 옵션 수에 Empresaria Employee Benefit Trust가 보유한 가중 평균 주식 수를 뺀 값으로 계산되었습니다. 관리위원회는 Empresaria Employee Benefit Trust가 보유한 주식에 대한 배당금 권리를 포기했습니다.
8 영업권
2023 | 2022 | |
£ m | £ m | |
1월 XNUMX일 | 31.9 | 30.5 |
손상 요금 | (1.5) | - |
외환 움직임 | (0.7) | 1.4 |
31월 XNUMX일 | 29.7 | 31.9 |
영업권은 매년 또는 영업권이 손상될 수 있다는 징후가 있는 경우 더 자주 손상 여부를 검토하고 테스트합니다. 영업권은 영업권이 배분된 현금창출단위(CGU) 집합의 장부금액과 현금창출단위의 회수가능액을 비교하여 손상검사를 거쳤습니다. 각 현금창출단위집단의 회수가능액은 사용가치로 간주됩니다. 사용가치를 평가할 때의 주요 가정은 다음과 같습니다.
영업이익 및 세전현금흐름
The operating profit and pre-tax cash flows are based on the 2024 budgets approved by the Group's Board. These budgets are extrapolated using short-term growth rate forecasts over four years and long-term growth rates and margins that are consistent with the business plans approved by the Group's Board. These cash flows are discounted to present value to assess the value in use.
할인율
예상 현금 흐름을 할인하는 데 사용되는 세전 국가별 요율은 13.0%에서 18.5%(2022년: 13.0%에서 18.9%) 범위로 화폐의 시간 가치와 관련 위험에 대한 현재 현지 시장 평가를 반영합니다. 사업. 이러한 할인율은 각 시장에서 예상되는 산업 가중 평균 자본 비용을 반영하고 현지 요인에 맞게 조정된 그룹의 가중 평균 자본 비용을 기반으로 합니다.
지역별로 적용되는 세전 할인율은 다음과 같습니다.
영국 및 유럽: | 13.0%~17.9%(2022년: 13.0%~18.0%) |
APAC : | 14.8%~18.5%(2022년: 13.8%~18.9%) |
아메리카 : | 14.4%~15.5%(2022년: 13.3%~16.0%) |
근해 서비스: | 15.1% (2022년: 15.8%) |
성장률
가장 최근의 예산 및 예측을 넘어 추정하고 최종 가치를 결정하는 데 사용되는 성장률은 특정 시장에 대한 IMF GDP 성장 예측을 기반으로 합니다. 장기 성장률은 0.4%에서 6.3% 사이였습니다. GDP 성장은 우리 사업의 핵심 동인이므로 장기 예측을 개발할 때 적절한 가정입니다.
지역별로 사용되는 장기 성장률은 다음과 같습니다.
영국 및 유럽: | 0.9%~1.6%(2022년: 1.3%~1.5%) |
APAC : | 0.4%~5.0%(2022년: 0.4%~5.1%) |
아메리카 : | 2.1%~3.0%(2022년: 1.9%~3.0%) |
근해 서비스: | 6.3% (2022년: 6.2%) |
In 2023, an impairment charge of £1.5m was recognised in respect of two businesses in the UK & Europe region. Both businesses have performed more weakly in recent years and have not yet recovered to previous performance levels and as a result impairment charges have been booked. Before the impairment charge was recognised the carrying value of the goodwill was £2.5m and the recoverable amount was assessed as £1.0m.
In 2022, no impairment of goodwill was recognised.
As part of the impairment review, reasonably possible changes in the growth rate and discount rate assumptions have been considered to assess the impact on the recoverable amount of each business. Were the long-term growth rate to reduce to nil an impairment charge of £0.7m would be recorded in respect of two businesses in our Americas region (2022: £0.1m for one business in our APAC region and £0.1m for one business in our Americas region). If the discount rate were to increase by 2% an impairment charge of £0.6m (2022: £0.2m) would be recorded in respect of two businesses in our Americas region (2022: £0.1m for one business in our APAC region and £0.1m for one business in our Americas region).
9 기타 무형자산
사업결합에서 식별된 무형자산 | |||||
2023 | 고객 관계 | 상표명 및 마크 | 소계 | 소프트웨어 | 금액 |
£ m | £ m | £ m | £ m | £ m | |
비용 |
|
| |||
1월 XNUMX일 | 14.9 | 9.3 | 24.2 | 2.0 | 26.2 |
추가 | - | - | - | 0.4 | 0.4 |
폐기 | - | - | - | (0.1) | (0.1) |
외환 움직임 | (0.8) | (0.4) | (1.2) | (0.1) | (1.3) |
31월 XNUMX일 | 14.1 | 8.9 | 23.0 | 2.2 | 25.2 |
|
| ||||
누적 상각 |
|
| |||
1월 XNUMX일 | 11.9 | 4.7 | 16.6 | 1.4 | 18.0 |
연도 요금 | 0.6 | 0.6 | 1.2 | 0.2 | 1.4 |
폐기 | - | - | - | (0.1) | (0.1) |
외환 움직임 | (0.7) | (0.3) | (1.0) | - | (1.0) |
31월 XNUMX일 | 11.8 | 5.0 | 16.8 | 1.5 | 18.3 |
|
| ||||
순 장부가 |
|
| |||
31년 2022월 XNUMX일 | 3.0 | 4.6 | 7.6 | 0.6 | 8.2 |
31년 2023월 XNUMX일 | 2.3 | 3.9 | 6.2 | 0.7 | 6.9 |
As required under IFRS, the Group reviewed these assets for indications of impairment as at 31 December 2023. Following this review, no impairment charges have been reflected.
10 매출채권 및 기타수취채권
| 2023 | 2022 | |
| £ m | £ m | |
Current |
| ||
매출채권 | 31.8 | 34.1 | |
매출채권 손상에 대한 충당금 감소 | (0.8) | (0.8) | |
매출 채권 | 31.0 | 33.3 | |
선불 | 2.0 | 2.4 | |
미지급 소득 | 7.5 | 7.4 | |
법인세 미수금 | 1.2 | 0.9 | |
기타 채권 | 3.0 | 2.7 | |
44.7 | 46.7 |
매출채권에는 £18.1m(2022년: £20.1m)가 포함되며 은행 시설에서 보안이 제공되었습니다.
11 매입채무 및 기타채무
| 2023 | 2022 | |
| £ m | £ m | |
Current | |||
매입 채무 | 2.0 | 2.4 | |
기타 세금 및 사회 보장 | 5.7 | 5.1 | |
파일럿 채권 | 0.3 | 0.6 | |
고객 예치금 | 0.3 | 0.4 | |
임시모집근로자 임금 | 3.3 | 3.4 | |
기타 채무 | 1.9 | 1.6 | |
발생 | 18.0 | 19.8 | |
31.5 | 33.3 |
Pilot bonds represent unrestricted funds held by our aviation business at the request of clients that are repayable to the pilot over the course of a contract, typically between three and five years. If the pilot terminates their contract early, the outstanding bond is payable to the client. For this reason the bonds are shown as a current liability. As at 31 December 2023, if the bonds were to be repaid in line with existing contracts, £nil (2022: £0.3m) would be repayable in more than one year.
12 차입금
2023 | 2022 | |
£ m | £ m | |
Current | ||
은행 초과 인출 | 15.2 | 17.1 |
인보이스 파이낸싱 | 3.2 | 3.5 |
은행 대출 | 0.3 | 8.5 |
| 18.7 | 29.1 |
비유류 |
| |
은행 대출 | 9.2 | 0.5 |
| 9.2 | 0.5 |
차입금 | 27.9 | 29.6 |
다음 주요 은행 시설은 31년 2023월 XNUMX일에 시행됩니다.
|
|
| 시설한도 | 두드러진 |
| |||
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| 2023 | 2022 | 2023 | 2022 |
| |
| 환율 | 성숙 | 이자율 | £ m | £ m | £ m | £ m |
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은행 초과 인출 |
|
|
| |||||
UK1 | GBP2 | 연간 검토가 있는 주문형 | 해당 통화 기준 요율보다 1% 더 높음 | 10.0 | 10.0 | 8.0 | 6.3 |
|
독일 | EUR | 연간 검토가 있는 주문형 | 유리보르 + 3.0% | 11.3 | 11.5 | 5.5 | 8.7 |
|
USA | USD | 연간 검토가 있는 주문형 | 리보 + 2% | 1.6 | 1.7 | - | - |
|
뉴질랜드 | NZD | 연간 검토가 있는 주문형 | 뉴질랜드 기본 대출 금리 + 2% | 0.5 | 0.5 | - | - |
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인보이스 파이낸싱 |
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UK | GBP | 연간 검토가 있는 주문형 | 영국 기준금리 + 1.47% | 7.5 | 10.0 | 2.0 | 2.0 |
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칠레 | CLP | 연간 검토가 있는 주문형 | 가중평균금리 12.8% (2022년: 15.7%) | 2.4 | 2.9 | 1.2 | 1.5 |
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은행 대출 |
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영국 - 회전 신용 시설 | GBP | 2026 | 소니아 + 2% ~ 2.75% | 15.0 | 15.0 | 9.0 | 8.0 |
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일본 | JPY | 2025-2028 | 가중평균금리 0.6% (2022년: 0.6%) | 0.4 | 0.7 | 0.4 | 0.7 |
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1 영국 초과인출은 다수의 영국 법인에 걸친 순 초과인출 약정입니다. 시설 활용 목적을 위해 이러한 금액은 위 표에 순액으로 표시되지만 회계 목적으로 현금 및 초과 인출 잔액은 대차대조표에 총액으로 표시됩니다. 표의 활용 금액은 대차대조표의 현금 및 현금 등가물에 표시된 순 현금 £1.5m입니다(2022년: £1.9m).
2 영국 초과인출은 다양한 통화로 인출할 수 있으며 전체 시설 한도는 GBP로 표시됩니다.
The UK revolving credit facility is secured by a first fixed charge over all book and other debts given by the Company and certain of its UK, German, US and New Zealand subsidiaries. It is also subject to financial covenants and these are disclosed in the finance review. The UK invoice financing facility is also secured by a fixed and floating charge over trade receivables.
The UK revolving credit facility was refinanced in March 2023 for three years with the same facility limit of £15.0m.
13 순채무
a) 순부채
| 2023 | 2022 |
| £ m | £ m |
현금 및 현금성 자산 | 17.1 | 22.3 |
차입금 | (27.9) | (29.6) |
순 부채 | (10.8) | (7.3) |
b) 조정된 순부채
| 2023 | 2022 |
| £ m | £ m |
현금 및 현금성 자산 | 17.1 | 22.3 |
파일럿 채권과 관련하여 보유하는 현금이 적습니다. | (0.3) | (0.6) |
조정된 현금 | 16.8 | 21.7 |
차입금 | (27.9) | (29.6) |
조정된 순 부채 | (11.1) | (7.9) |
연결실체는 조정된 순차입금을 주채무로 표시하고 있습니다. 조정된 순부채는 항공 사업의 파일럿 채권과 관련하여 보유하고 있는 현금을 제외한 순부채와 같습니다. 고객이 요구하는 경우 파일럿 계약 시작 시 파일럿 채권을 가져오고 계약이 진행되는 동안 또는 조기 종료되는 경우 파일럿 또는 고객에게 상환할 수 있습니다. 이 현금에 대한 법적 제한은 없으나, XNUMX년에 걸쳐 상환해야 하고 이를 보유하는 것은 고객의 요구 사항이므로 채권 금액만큼의 현금은 조정 순차입금 계산에서 제외됩니다.
c) 조정된 순부채의 움직임
| 2023 | 2022 |
£ m | £ m | |
1월 XNUMX일 | (7.9) | (14.0) |
연결현금흐름표 기준 현금및현금성자산의 순(감소)/증가 | (4.1) | 0.5 |
당좌차월 및 대출 순감소 | 1.1 | 4.5 |
인보이스 파이낸싱 감소 | 0.3 | 1.2 |
외환 움직임 | (0.8) | (0.2) |
파일럿 채권 관련 보유 현금 감소에 맞춰 조정됨 | 0.3 | 0.1 |
31월 XNUMX일 | (11.1) | (7.9) |
14 배당금
2023 | 2022 | |
£ m | £ m | |
해당 연도에 주주에 대한 분배로 인식된 금액: |
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31년 2022월 1.4일 마감 연도의 최종 배당금은 주당 2021p(1.2년: XNUMXp)입니다. | 0.7 | 0.6 |
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31년 2023월 1.0일에 종료되는 연도의 최종 배당금은 주당 2022p(1.4년: XNUMXp)입니다. | 0.5 | 0.7 |
31년 2023월 XNUMX일에 종료되는 연도의 제안된 최종 배당금은 연례 주주총회에서 주주의 승인을 받아야 하며 이 재무제표에 부채로 포함되지 않았습니다.
RNS는 귀하의 IP 주소를 사용하여 약관 준수 여부를 확인하고, 귀하가 이 커뮤니케이션에 포함된 정보를 사용하는 방식을 분석하고, 그러한 분석을 익명으로 다른 사람과 상용 서비스의 일부로 공유할 수 있습니다. RNS와 런던 증권 거래소가 귀하가 제공한 개인 데이터를 사용하는 방법에 대한 자세한 내용은 개인 정보 보호 정책을 참조하십시오.