19
The Football Pools, an iconic Liverpool business, first started selling its coupons outside Old Trafford, home of fierce rivals Manchester United
On average we have a winner every 3 minutes
The Football Pools is the UK’s favourite football gaming brand
Pools, or tote betting, is the most popular legal form of sports-based betting outside of the UK
The global pools market in football and horseracing is worth $80 billion
We donated £600 million to help fund major improvements in stadium safety across many clubs in the UK
The global gaming market is worth $350 billion and growing +5% year on year
Sportech is one of the leading suppliers and operators of pools/tote betting in the world
Sportech has launched a Joint Venture in India
The biggest ever Football Pools top prize was £4 million won in March 2010
The Football Pools is the world’s oldest football gaming company
Across North America, Sportech Racing has a 50% market share in horseracing pools
We have a presence in over 30 countries
We have paid out over £10 billion in prize money to our customers
We are the exclusive operator of pools/tote betting on horseracing in the Netherlands
We are the leading provider of horseracing wagering solutions in North America with over 25,000 terminals
We process over $13 billion in bets every year
The Football Pools has over 500,000 players every week
Over the years we have donated over £1.1 billion to good causes
Sign up
for email alerts
|
|
Note |
Six months |
Six months |
Year |
|---|---|---|---|---|
|
Cash flows from operating activities |
|
|
|
|
|
Cash generated from continuing operations |
13.1 |
6.7 |
16.3 |
|
|
Interest received |
|
0.1 |
— |
0.1 |
|
Interest paid |
|
(2.5) |
(2.7) |
(5.6) |
|
Profit/(loss) on foreign exchange contracts |
|
0.1 |
(0.1) |
— |
|
Tax (paid)/received |
|
(0.3) |
1.5 |
1.7 |
|
Net cash generated from operating activities before cash exceptional costs |
|
10.5 |
5.4 |
12.5 |
|
Cash exceptional costs - acquisition costs in relation to Sportech Racing |
|
— |
(4.2) |
(7.4) |
|
Cash exceptional costs - other |
|
(0.3) |
(0.4) |
(2.5) |
|
Net cash generated from operating activities |
|
10.2 |
0.8 |
2.6 |
|
Cash flows from financing activities |
|
|
|
|
|
Acquisition of Sportech Racing, net of cash acquired |
|
— |
— |
(19.2) |
|
Investment in joint venture |
(0.7) |
(0.2) |
(0.5) |
|
|
Purchase of intangible fixed assets |
(0.7) |
(1.1) |
(1.7) |
|
|
Purchase of property, plant and equipment |
(1.8) |
(0.1) |
(0.8) |
|
|
Net cash used in investing activities |
|
(3.2) |
(1.4) |
(22.2) |
|
Cash flows from financing activities |
|
|
|
|
|
Proceeds from borrowings |
1.5 |
— |
— |
|
|
Repayment of borrowings |
(6.0) |
(4.5) |
(9.0) |
|
|
Bank arrangement fees paid |
|
— |
(0.9) |
(0.9) |
|
Proceeds from issuance of ordinary shares, |
|
— |
28.2 |
28.2 |
|
Net cash (used in)/generated from financing activities |
|
(4.5) |
22.8 |
18.3 |
|
Net increase/(decrease) in cash and cash equivalents |
|
2.5 |
22.2 |
(1.3) |
|
Cash and cash equivalents at start of period |
|
0.8 |
2.1 |
2.1 |
|
Exchange gains on cash and cash equivalents |
|
— |
1.5 |
— |
|
Cash and cash equivalents at end of period |
3.3 |
25.8 |
0.8 |
|
|
|
|
|
|
|
|
Increase/(decrease) in cash in period |
|
2.5 |
23.7 |
(1.3) |
|
Cash outflow from repayment of loans |
6.0 |
4.5 |
9.0 |
|
|
Cash inflow from loans taken |
(1.5) |
— |
— |
|
|
Movement in net bank debt for the period |
|
7.0 |
28.2 |
7.7 |
|
At start of period |
|
(72.2) |
(79.9) |
(79.9) |
|
At end of period |
|
(65.2) |
(51.7) |
(72.2) |
|
Net bank debt comprises: |
|
|
|
|
|
Cash and cash equivalents |
3.3 |
25.8 |
0.8 |
|
|
Loans repayable within one year |
(13.0) |
(10.5) |
(12.0) |
|
|
Loans repayable after one year |
(55.5) |
(67.0) |
(61.0) |
|
|
At end of period |
|
(65.2) |
(51.7) |
(72.2) |
Private shareholder enquiries
Capita Registrars
Steve Cunliffe, Finance Director
Tel: 0151 525 3677
Email: ir@sportechplc.com
For any other Sportech PLC enquiries please call 020 7268 2400 or email