Summary
Interim Management Statement for the three months ended 31 December 2011
|
|
|
|
Organic and |
|
|
|
|
Organic and |
|
Three months ended |
|
constant |
|
Nine months ended |
|
constant |
||
|
31 December |
|
currency |
|
31 December |
|
currency |
||
|
2011 |
2010 |
Variance |
variance1 |
|
2011 |
2010 |
Variance |
variance1 |
|
£m |
£m |
% |
% |
|
£m |
£m |
% |
% |
Revenue |
|
|
|
|
|
|
|
|
|
Capital Markets |
68.9 |
71.5 |
(4%) |
(4%) |
|
228.7 |
213.0 |
7% |
6% |
Post Trade Services |
24.5 |
23.9 |
3% |
11% |
|
76.9 |
72.2 |
7% |
13% |
Information Services |
52.8 |
42.5 |
24% |
4% |
|
141.9 |
126.6 |
12% |
4% |
Technology Services |
13.1 |
11.4 |
15% |
15% |
|
37.8 |
35.9 |
5% |
6% |
Other |
1.5 |
1.3 |
15% |
15% |
|
3.6 |
3.5 |
3% |
0% |
|
|
|
|
|
|
|
|
|
|
Total revenue |
160.8 |
150.6 |
7% |
2% |
|
488.9 |
451.2 |
8% |
7% |
Net treasury income through CCP business |
33.5 |
14.8 |
126% |
126% |
|
87.8 |
31.6 |
178% |
171% |
Other income |
2.0 |
2.0 |
0% |
0% |
|
6.1 |
5.8 |
5% |
5% |
|
|
|
|
|
|
|
|
|
|
Total income |
196.3 |
167.4 |
17% |
13% |
|
582.8 |
488.6 |
19% |
18% |
|
|
|
|
|
|
|
|
|
|
Share of profit of JVs and associates2 |
3.5 |
0.9 |
|
|
|
5.9 |
2.5 |
|
|
|
|
|
|
|
|
|
|
|
|
Organic Excluding FTSE additional royalty, revenue, TRS & Servizio Titoli |
|
|
|
|
|||||
Total revenue |
152.0 |
148.7 |
2% |
2% |
|
480.1 |
445.2 |
8% |
7% |
Total income |
187.5 |
165.5 |
13% |
13% |
|
574.0 |
482.6 |
19% |
18% |
1Exchange rates for the relevant period are detailed at the end of this section
Adjustments to calculate organic growth:
1) Removal of Servizio Titoli revenue last year (Post Trade)
2) Removal of FTSE revenue and additional royalties from current year (Information)
3) Removal of TRS revenue from current year (Information)
2JV share of profits includes £2.3m to align the reporting of FTSE profit share previously accounted for 3 months in arrears