| 12 Months |
|
|
|
|
|
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
2004 |
As % |
|
|
|
| to end
Dec |
|
|
|
|
|
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Year |
Sales |
|
|
| SUMMARY |
|
|
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
|
|
|
| |
|
|
|
|
|
|
| Cashflows |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Total cash receipts |
|
|
24.5 |
35.3 |
44.3 |
25.2 |
27.1 |
28.0 |
28.8 |
29.7 |
30.6 |
31.5 |
32.5 |
33.4 |
371.0 |
|
|
|
| Total cash payments |
|
|
35.6 |
30.7 |
35.7 |
31.4 |
24.6 |
25.1 |
30.8 |
26.5 |
57.1 |
32.8 |
28.3 |
28.8 |
387.2 |
|
|
|
| Net cashflow |
|
|
(11.1) |
4.7 |
8.6 |
(6.2) |
2.5 |
2.9 |
(1.9) |
3.3 |
(26.5) |
(1.2) |
4.2 |
4.6 |
(16.1) |
|
|
|
| |
|
Opening |
|
|
|
|
|
| Closing cash at bank |
|
2.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Closing
short-term loans/line of credit |
24.0 |
33.1 |
28.5 |
19.8 |
26.1 |
23.5 |
20.6 |
22.6 |
19.3 |
45.8 |
47.0 |
42.8 |
38.1 |
38.1 |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Sales |
|
|
22.0 |
22.8 |
23.5
|
24.3
|
25.1 |
25.9
|
26.7
|
27.5
|
28.4
|
29.3
|
30.1
|
31.1
|
316.6
|
100
|
|
|
| Cost of sales |
|
|
12.9 |
13.3 |
13.7 |
14.6 |
15.0 |
15.4
|
16.3 |
16.7 |
17.2 |
17.6 |
18.1 |
18.6 |
189.3 |
60 |
|
|
| Gross
margin |
|
|
9.1 |
9.5 |
9.8 |
9.7 |
10.1
|
10.5
|
10.4
|
10.8 |
11.2
|
11.6
|
12.1
|
12.5
|
127.3
|
40 |
|
|
| |
|
|
|
|
|
|
| Expenses, interest, depn etc |
|
|
8.6
|
8.7
|
6.7
|
8.6
|
8.6
|
8.6
|
8.6
|
8.6
|
8.7 |
9.1
|
9.1
|
9.1
|
103.0
|
33 |
|
|
| Net
income before taxes |
|
|
0.5 |
0.8 |
3.1
|
1.1
|
1.5
|
1.9
|
1.8
|
2.2
|
2.5
|
2.5
|
2.9
|
3.4
|
24.3 |
8 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance Sheets |
|
Opening |
|
|
|
|
|
| |
|
|
|
|
|
|
| Assets |
|
|
|
|
|
|
| Current assets |
|
102.0 |
98.3 |
93.7 |
91.8 |
93.9 |
94.9 |
96.0 |
97.0 |
98.1 |
99.2 |
100.3 |
101.4 |
102.6 |
102.6 |
|
|
|
| Net fixed & intangible
assets |
|
64.0 |
62.4 |
60.8 |
55.1 |
53.6 |
52.0 |
50.4 |
48.8 |
47.3 |
75.7 |
73.9 |
72.0 |
70.2 |
70.2 |
|
|
|
| Total assets |
|
166.0 |
160.7 |
154.4
|
146.9
|
147.5
|
146.9
|
146.4
|
145.9
|
145.3
|
174.9
|
174.2
|
173.5
|
172.8
|
172.8 |
|
|
|
| |
|
|
|
|
|
|
| Liabilities |
|
|
|
|
|
|
| Current liabilities |
|
94.0 |
79.6 |
67.6 |
49.7 |
53.0 |
51.1 |
48.8 |
50.4 |
47.8 |
74.9 |
75.6 |
72.1 |
68.2 |
68.2 |
|
|
|
| Longterm liabilities |
|
10.0 |
18.8 |
18.8 |
26.3 |
22.5 |
22.5 |
22.5 |
18.8 |
18.8 |
18.8 |
15.0 |
15.0 |
15.0 |
15.0 |
|
|
|
| Provision for liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Owners'
equity |
|
62.0 |
62.3 |
68.0 |
71.0 |
72.0 |
73.3 |
75.0 |
76.7 |
78.8 |
81.2 |
83.6 |
86.4 |
89.6 |
89.6 |
|
|
|
| Total liabilities &
equity |
|
166.0 |
160.7 |
154.4
|
146.9
|
147.5
|
146.9
|
146.4
|
145.9
|
145.3
|
174.9
|
174.2
|
173.5
|
172.8
|
172.8 |
|
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| |
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