| 12 Months |
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1.0 |
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2003 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
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| to end Dec |
|
1.0 |
|
|
Dec |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
|
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|
| BALANCE SHEETS |
|
1.0 |
|
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
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1.0 |
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| ASSETS |
|
1.0 |
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| Current assets: |
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1.0
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| Cash at bank |
|
10.0 |
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45.9 |
301.3 |
170.2 |
229.4 |
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| Interest receivable |
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| Accounts receivable |
|
285.0 |
316.8 |
283.0 |
236.4 |
266.7 |
252.6 |
290.6 |
281.1 |
294.3 |
320.3 |
335.2 |
327.2 |
353.4 |
|
|
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| Inventory |
|
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
145.0 |
|
|
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| Prepaid expenses |
|
75.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
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|
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| VAT recoverable |
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| Total current assets |
|
1.0 |
|
515.0 |
526.8 |
493.0
|
446.4
|
476.7 |
462.6 |
500.6
|
491.1
|
504.3
|
576.2
|
846.5
|
707.4
|
792.8
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| |
|
1.0 |
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| Fixed assets: |
|
1.0
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| Fixed assets (gross) |
|
850.0 |
850.0 |
850.0 |
850.0 |
925.0 |
925.0 |
925.0 |
925.0 |
925.0 |
1,075.0 |
1,075.0 |
1,075.0 |
1,055.0 |
|
|
|
| Less: Accumulated depreciation |
|
175.0 |
182.1
|
189.2
|
196.3 |
203.3
|
211.0
|
218.8 |
226.5
|
234.2
|
241.9 |
250.8
|
259.8
|
258.8 |
|
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| Net fixed assets |
|
1.0 |
|
675.0 |
667.9
|
660.8
|
653.8 |
721.7
|
714.0
|
706.3 |
698.5
|
690.8
|
833.1 |
824.2
|
815.2
|
796.3 |
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| |
|
1.0
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| Net intangible assets |
|
70.0 |
65.0 |
60.0 |
55.0 |
50.0 |
45.0 |
40.0 |
35.0 |
30.0 |
25.0 |
20.0 |
15.0 |
10.0 |
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| |
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1.0 |
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| Total assets |
|
1.0 |
|
1,260.0 |
1,259.7
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1,213.8
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1,155.2 |
1,248.4
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1,221.6
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1,246.8 |
1,224.6
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1,225.1
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1,434.4
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1,690.6
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1,537.6
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1,599.0
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| |
|
1 |
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| LIABILITIES |
|
1 |
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| Current liabilities: |
|
1 |
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| Accounts payable |
|
210.0 |
215.9
|
202.7
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167.6
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176.3
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178.5
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187.4
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190.2
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192.0
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197.5
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204.2
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207.7
|
217.8
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| Capital expenditure payables |
|
45.0 |
45.0
|
45.0
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150.0
|
150.0
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| Accrued expenses |
|
30.0 |
30.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
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|
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| Payroll taxes/benefits |
|
25.0 |
35.0 |
35.4 |
35.9 |
36.3 |
36.8 |
37.2 |
37.6 |
38.1 |
38.5 |
39.0 |
40.3 |
40.7 |
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| Dividends |
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| Taxes |
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| VAT payable |
|
20.0 |
3.2
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3.4
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2.9
|
3.6 |
2.3 |
4.1 |
3.1
|
3.9 |
4.4 |
4.6
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4.2 |
4.7
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| Total interest payable |
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| Short-term loans/line of credit |
|
120.0 |
180.6 |
156.6 |
162.7 |
214.8 |
238.5 |
258.0 |
182.3 |
203.5 |
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| Current portion of longterm liabilities: |
1 |
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| Longterm debt/notes |
|
100.0 |
43.8
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43.8
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56.3
|
50.0 |
50.0 |
50.0 |
43.8
|
43.8
|
106.3
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162.5
|
162.5
|
162.5
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|
|
| Finance lease debt |
|
90.0 |
24.0 |
21.0 |
18.0 |
37.5
|
32.1
|
29.1
|
26.1
|
20.7
|
17.7
|
17.7
|
15.3
|
15.3
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|
|
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| Total current liabilities |
|
1.0 |
|
640.0 |
577.4
|
517.8
|
453.3
|
528.6
|
548.2
|
575.8
|
493.1
|
511.9
|
524.4
|
587.9 |
440.0
|
451.0
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| |
|
1.0 |
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| Longterm liabilities: |
|
1.0
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|
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|
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| Longterm debt/notes |
|
100.0 |
131.3 |
131.3 |
168.8 |
150.0
|
150.0
|
150.0
|
131.3 |
131.3 |
318.8 |
487.5
|
487.5
|
487.5 |
|
|
|
| Finance lease debt |
|
|
56.0
|
49.0
|
42.0
|
87.5
|
74.9
|
67.9
|
60.9
|
48.3
|
41.3
|
41.3
|
35.7
|
35.7
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|
|
| Total longterm liabilities |
|
1.0 |
|
100.0 |
187.3 |
180.3 |
210.8 |
237.5 |
224.9 |
217.9 |
192.2 |
179.6 |
360.1 |
528.8 |
523.2 |
523.2 |
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| |
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| Provisions for liabilities
etc: |
|
|
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|
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| Capital grants/subsidies |
|
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| Total provisions for
liabilities |
|
|
|
|
|
|
|
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|
|
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|
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| |
|
1.0 |
|
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|
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| Equity: |
|
1.0
|
|
|
|
|
|
|
|
| Equity investments |
|
1,583.1 |
1,583.1 |
1,608.1 |
1,608.1 |
1,608.1 |
1,608.1 |
1,608.1 |
1,708.1 |
1,708.1 |
1,708.1 |
1,708.1 |
1,708.1 |
1,708.1 |
|
|
|
| Retained earnings |
|
(1,063.1) |
(1,088.0) |
(1,092.3) |
(1,117.0) |
(1,125.8) |
(1,159.6) |
(1,155.0) |
(1,168.7) |
(1,174.5) |
(1,158.2) |
(1,134.2) |
(1,133.7) |
(1,083.2) |
|
|
|
| Total
owners' equity |
|
1.0 |
|
520.0 |
495.1
|
515.8
|
491.1
|
482.3
|
448.5
|
453.1
|
539.4
|
533.6
|
549.9
|
573.9
|
574.4
|
624.9
|
|
|
|
| |
|
1.0 |
|
|
|
|
|
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| Total liabilities &
equity |
|
1.0 |
|
1,260.0 |
1,259.7 |
1,213.8 |
1,155.2
|
1,248.4 |
1,221.6 |
1,246.8
|
1,224.6 |
1,225.1 |
1,434.4 |
1,690.6 |
1,537.6 |
1,599.0 |
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|
1.0 |
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balance sheets balance >>>>>>>> |
0.000
|
0.000 |
0.000 |
0.000 |
0.000
|
0.000
|
0.000 |
0.000 |
0.000
|
0.000 |
0.000 |
0.000
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0.000
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