Songbird Estates PLC reported consolidated earnings results for the year ended December 31, 2012. For the period, the company reported operating loss of £441.4 million compared to £278.7 million a year ago. Profit before tax was £201.5 million compared to loss before tax of £212.8 million a year ago. Profit for the year after attributable to the equity holders of the company was £118.8 million or 15.9 pence per basic and diluted share compared to loss for the year after attributable to the equity holders of the company of £68.1 million or 9.0 pence per basic and diluted share a year ago. Net cash used in operating activities was £19.1 million compared to net cash provided by operating activities of £11.0 million a year ago. Purchase of property, plant and equipment was £0.2 million. Development expenditure was £75.1 million compared to £22.7 million a year ago. Net debt was £3,442.3 million compared to £3,216.3 million a year ago. Underlying profit before tax was £23.3 million compared to £4.6 million a year ago.

Songbird Estates PLC, 2012 Earnings Call, Mar 22, 2013

Songbird Estates PLC announced that they will report fiscal year 2012 results on Mar 22, 2013