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Financial Information


Financial Year ended 30th September 2009

All figures are for Copthorn Holdings Ltd (the ulitmate parent company of Countryside Properties plc) and includes its share of Joint Ventures

Turnover

Group turnover of £187.8m 

Earnings before interest, taxation and amortisation

Earnings before interest, taxation and amortisation (EBITA) of £25.7m loss

Development activities

  • Turnover from development activities for the year totalled £120.3m.
  • The Group completed the sale of 807 new homes, including 146 sales completions it made on behalf of its Joint Ventures.  The average selling price of all new homes sold was £151,000.
  • Commercial property transactions generated turnover of £2.1m.
  • Land sales realised £1.5m.

Design and build contracting

  • Turnover from our design and build contracting operations totalled £67.5m.
  • 797 new homes were completed for Housing Associations and others.
  • At the year end, the current order book totalled £159m of committed contracts, with a further £403m agreed subject to contract.

Land holdings

At the year end the Group owned or controlled through options or conditional contracts land with the potential for 19,600 new homes including 8,800 with planning permission, and 10,800 subject to planning permission.

Development programme

The Group’s current development programme is £5.8 billion by value.

Staff

The average number of employees during the financial year was 526.



Information correct as at 10/06/2010

Annual Report & Accounts

If you require a copy of our Report & Accounts please contact company_secretary@cpplc.com stating the year required.