| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 36 Months |
|
1.0 |
|
|
2004 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2005 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2006 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2007 |
2005 |
2006 |
2007 |
|
| to end Dec
2007 |
|
1.0 |
|
|
Dec |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Dec |
Dec |
Dec |
|
| BALANCE SHEETS |
|
1.0 |
|
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
$000 |
|
| |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
|
| ASSETS |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
| Current assets: |
|
1.0
|
|
|
|
|
|
|
|
|
|
|
|
| Cash at bank |
|
|
10.0 |
|
734.4 |
674.7 |
566.1 |
450.4 |
497.4 |
385.9 |
297.8 |
415.4 |
570.5 |
76.2 |
160.9 |
34.7 |
1,786.8 |
1,612.7 |
1,118.4 |
696.7 |
470.3 |
373.0 |
331.4 |
189.8 |
160.0 |
52.2 |
122.5 |
|
|
|
|
211.1 |
|
|
|
|
|
|
193.3 |
160.9 |
122.5 |
193.3 |
|
| Accounts receivable |
|
|
285.0 |
379.7 |
374.3 |
370.0 |
419.3 |
390.4 |
449.5 |
452.5 |
491.1 |
525.9 |
536.7 |
550.1 |
570.5 |
576.1 |
630.1 |
704.9 |
781.8 |
865.7 |
948.5 |
1,035.3 |
1,122.9 |
1,210.6 |
1,303.1 |
1,395.2 |
1,492.4 |
1,591.2 |
1,688.1 |
1,796.3 |
1,903.4 |
2,016.6 |
2,131.4 |
2,253.0 |
2,378.5 |
2,507.6 |
2,645.2 |
2,786.5 |
2,937.4 |
570.5 |
1,492.4 |
2,937.4 |
|
| Inventory |
|
603.3 |
465.0 |
350.5 |
362.7 |
377.2 |
382.1 |
390.3 |
402.2 |
406.8 |
418.7 |
432.1 |
433.7 |
438.3 |
473.2 |
508.9 |
561.7 |
617.2 |
667.9 |
721.4 |
777.6 |
830.1 |
885.8 |
944.5 |
1,000.1 |
1,058.2 |
1,139.3 |
1,196.2 |
1,257.8 |
1,322.6 |
1,384.2 |
1,449.5 |
1,517.9 |
1,584.1 |
1,654.6 |
1,728.0 |
1,800.9 |
1,877.2 |
438.3 |
1,058.2 |
1,877.2 |
|
| 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 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
65.0 |
|
| Sales tax recoverable |
|
|
25.0 |
|
|
|
|
|
|
|
|
33.6 |
18.7 |
|
|
|
11.6 |
14.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total current assets |
|
1.0 |
|
998.3 |
909.7
|
1,524.2
|
1,472.3
|
1,427.6
|
1,287.9
|
1,402.2
|
1,305.6
|
1,260.8
|
1,458.5
|
1,623.0
|
1,125.0
|
1,234.7
|
1,149.0
|
3,002.4
|
2,958.6
|
2,582.3
|
2,295.3
|
2,205.2
|
2,251.0
|
2,349.4
|
2,351.2
|
2,472.6
|
2,512.5
|
2,738.1
|
2,795.5
|
2,949.3
|
3,119.1
|
3,291.0
|
3,676.9
|
3,645.9
|
3,835.9
|
4,027.6
|
4,227.1
|
4,438.2
|
4,652.4
|
5,072.9
|
1,234.7
|
2,738.1
|
5,072.9
|
|
| |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
| Fixed assets: |
|
1.0
|
|
|
|
|
|
|
|
|
|
|
|
| Fixed assets (gross) |
|
1,050.0 |
1,050.0 |
1,050.0 |
1,040.0 |
1,250.0 |
1,250.0 |
1,250.0 |
1,250.0 |
1,250.0 |
1,650.0 |
1,700.0 |
1,700.0 |
1,660.0 |
1,760.0 |
2,210.0 |
2,510.0 |
2,605.0 |
2,605.0 |
2,605.0 |
2,585.0 |
2,585.0 |
2,585.0 |
2,585.0 |
2,585.0 |
2,585.0 |
2,585.0 |
2,585.0 |
3,035.0 |
4,035.0 |
4,035.0 |
4,135.0 |
4,135.0 |
4,135.0 |
4,135.0 |
4,135.0 |
4,135.0 |
4,135.0 |
1,660.0 |
2,585.0 |
4,135.0 |
|
| Less: Accumulated depreciation |
|
225.0 |
237.5 |
249.6
|
256.5
|
267.7
|
284.3
|
300.4
|
316.1
|
331.4
|
346.3
|
367.8
|
389.8
|
391.2
|
411.5
|
433.4
|
464.8
|
496.1
|
530.8
|
564.6
|
577.5
|
609.3
|
640.3
|
670.5
|
700.0
|
728.9
|
757.1
|
784.6
|
811.6
|
839.1
|
882.6
|
910.4
|
957.1
|
1,002.8
|
1,047.6
|
1,091.4
|
1,134.2
|
1,176.2
|
391.2 |
728.9 |
1,176.2 |
|
| Net fixed assets |
|
1.0 |
|
825.0 |
812.5 |
800.4
|
783.5
|
982.3
|
965.7
|
949.6
|
933.9
|
918.6
|
1,303.7
|
1,332.2
|
1,310.2
|
1,268.8
|
1,348.5
|
1,776.6
|
2,045.2
|
2,108.9
|
2,074.2
|
2,040.4
|
2,007.5
|
1,975.7
|
1,944.7
|
1,914.5
|
1,885.0
|
1,856.1
|
1,827.9
|
1,800.4
|
2,223.4
|
3,195.9
|
3,152.4
|
3,224.6
|
3,177.9
|
3,132.2
|
3,087.4
|
3,043.6
|
3,000.8
|
2,958.8
|
1,268.8
|
1,856.1
|
2,958.8
|
|
| |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
| Net intangible assets |
|
1.0 |
|
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 |
5.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10.0 |
|
|
|
| |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
| Total assets |
|
1.0 |
|
1,893.3 |
1,787.2
|
2,384.6
|
2,310.9
|
2,459.9
|
2,298.6
|
2,391.8
|
2,274.4
|
2,209.3
|
2,787.2
|
2,975.2
|
2,450.2
|
2,513.5
|
2,502.5
|
4,779.1
|
5,003.8
|
4,691.1
|
4,369.5
|
4,245.6
|
4,258.4
|
4,325.1
|
4,296.0
|
4,387.1
|
4,397.5
|
4,594.2 |
4,623.4
|
4,749.6
|
5,342.5
|
6,487.0
|
6,829.3
|
6,870.5
|
7,013.8
|
7,159.7
|
7,314.6
|
7,481.9
|
7,653.1
|
8,031.7 |
2,513.5
|
4,594.2
|
8,031.7 |
|
| |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
| LIABILITIES |
|
1.0 |
|
|
|
|
|
|
|
|
|
|
|
| Current liabilities: |
|
1.0
|
|
|
|
|
|
|
|
|
|
|
|
| Accounts payable |
|
|
210.0 |
268.6
|
309.2
|
294.3
|
327.2
|
300.9
|
349.1
|
344.5
|
364.7
|
378.2
|
384.0
|
388.8
|
398.9
|
457.0
|
538.8
|
584.0
|
623.8
|
658.5
|
694.2
|
732.9
|
765.4
|
802.0
|
841.7
|
874.3
|
914.1
|
987.0
|
1,045.7
|
1,091.3
|
1,133.7
|
1,174.3
|
1,218.2
|
1,265.5
|
1,307.7
|
1,355.0
|
1,405.2
|
1,450.1
|
1,503.4
|
398.9 |
914.1 |
1,503.4 |
|
| Capital expenditure creditors |
|
|
45.0 |
45.0 |
45.0 |
|
|
|
|
|
|
400.0 |
450.0 |
|
|
|
350.0 |
650.0 |
395.0 |
95.0 |
|
|
|
|
|
|
|
|
|
450.0
|
1,150.0
|
700.0
|
130.0
|
130.0
|
|
|
|
|
|
|
|
|
|
| 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 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
|
| Payroll taxes/benefits |
|
|
25.0 |
53.9 |
54.3 |
55.6 |
56.1 |
57.1 |
59.8 |
58.6 |
61.3 |
62.1 |
63.0 |
63.7 |
64.3 |
86.9 |
92.4 |
98.9 |
104.8 |
111.2 |
117.3 |
124.0 |
130.4 |
137.2 |
144.4 |
151.6 |
158.8 |
192.9 |
201.3 |
210.9 |
219.7 |
229.1 |
238.1 |
247.7 |
257.0 |
266.7 |
276.7 |
286.7 |
296.6 |
64.3 |
158.8 |
296.6 |
|
| Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
300.0 |
|
|
300.0 |
|
| Taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9.4 |
18.8 |
28.3 |
37.7 |
47.1 |
56.5 |
66.0 |
75.4 |
84.8 |
94.2 |
103.7 |
113.1 |
|
|
113.1 |
|
| Sales tax payable |
|
|
20.0 |
7.1 |
16.8 |
14.0 |
26.4 |
7.4 |
21.8 |
14.6 |
29.6 |
|
|
20.1 |
59.2 |
17.9 |
|
|
7.0 |
42.2 |
86.6 |
63.3 |
128.0 |
72.3 |
147.2 |
89.1 |
186.2 |
99.7 |
204.4 |
54.8 |
84.4 |
137.9 |
271.1 |
158.5 |
329.0 |
182.2 |
371.4 |
208.3 |
429.9 |
59.2 |
186.2 |
429.9 |
|
| Short-term loans/line of credit |
|
|
120.0 |
211.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
21.7 |
95.5 |
324.0 |
354.7 |
|
343.0 |
444.3 |
364.9 |
440.1 |
184.6 |
208.5 |
|
|
|
|
|
| Current portion of longterm liabilities: |
1.0
|
|
|
|
|
|
|
|
|
|
|
|
| Longterm debt/notes |
|
|
100.0 |
43.8 |
43.8 |
56.3 |
50.0 |
50.0 |
50.0 |
43.8 |
43.8 |
106.3
|
162.5 |
162.5 |
162.5
|
162.5 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0 |
150.0
|
150.0 |
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
137.5
|
162.5 |
150.0 |
137.5 |
|
| Other loans |
|
|
25.0 |
10.0 |
10.0 |
10.0 |
10.0 |
10.0 |
35.0 |
35.0 |
35.0 |
35.0 |
30.0 |
30.0 |
30.0 |
30.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
26.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
22.0 |
30.0 |
26.0 |
22.0 |
|
| Lease debt |
|
|
90.0 |
21.6 |
18.6 |
15.6 |
75.0 |
67.2 |
64.2 |
60.6 |
52.8 |
49.8 |
46.2 |
38.4 |
35.4 |
62.4 |
86.4 |
83.4 |
80.4 |
77.4 |
68.7 |
65.7 |
62.7 |
59.7
|
51.0 |
48.0 |
45.0 |
42.0 |
33.3
|
30.3
|
117.3
|
114.3
|
105.6
|
102.6
|
99.6
|
96.6
|
87.9
|
84.9
|
81.9
|
35.4 |
45.0 |
81.9 |
|
| Total current liabilities |
|
1.0 |
|
665.0 |
691.8
|
507.7
|
455.7
|
554.7
|
502.6
|
590.0
|
567.0
|
597.2
|
1,041.3
|
1,145.7
|
713.5
|
760.4
|
826.7
|
1,253.6
|
1,602.4
|
1,397.1
|
1,170.3
|
1,152.8
|
1,171.9
|
1,272.6
|
1,257.3
|
1,370.3
|