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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Dimension Res.S | LSE:DMR | London | Ordinary Share | BMG276151062 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 5620E Dimension Resources Ld 29 September 2008 Dimension Resources Limited Interim Report 6 months ended 30 June 2008 Dimension Resources Limited Chairman's Statement Six Months Ended 30 June 2008 The six months ended 30 June 2008 proved, once again, to be a frustrating period for the Company. Given the lack of income from South Africa it has become increasingly important to identify a suitable project for acquisition. Nevertheless, the Directors remain confident that they will be able to acquire a suitable business in due course. The loss for the period of £24,929 (2007 - £21,568) represents the minimum costs of maintaining the Company's admission to AIM. Once again, no cash was remitted from South Africa, as quarrying operations during the period failed to generate income in excess of costs and existing creditors. Since the end of June discussions have been taking place which are intended to provide cash to assist the Company in evaluating new projects, as well as providing general working capital. I expect that we will have concluded these discussions during the month of October. I look forward to updating shareholders on progress. Brian Moritz (Chairman) 29 September 2008 DIMENSION RESOURCES LIMITED 6 Months ended 30 6 Months ended 30 June June 2008 2007 Note GBP GBP Turnover - - Cost of sales - - Gross profit - - Administrative expenses (24,984) (21,575) Operating loss (24,984) (21,575) Interest receivable and similar income 55 7 Interest payable and similar charges - - Net loss before taxation (24,929) (21568) Taxation - - - Net loss for the period 2 (24,929) (21,568) 3 (0.009p) (0.011p) Loss per share DIMENSION RESOURCES LIMITED Balance sheet at 30 June 2008 30 June 30 June 2008 2007 GBP GBP ASSETS Non-current assets 91,986 91,986 Investments 91,986 91,986 Current assets 67,144 6,541 Trade and other receivables 6,892 3,825 Cash at bank and in hand 60,252 2,716 Total assets 159,130 98,527 EQUITY AND LIABILITIES Shareholders' funds 23,613 (33,605) Called up share capital 6,868,144 6,803,644 Share premium account 12,023,313 11,942,813 Revaluation of investment reserve (300,000) (300,000) Profit and loss account (18,567,844) (18,480,062) Current liabilities 135,517 132,132 Trade and other payables 135,517 132,132 Total equity and liabilities 159,130 98,527 DIMENSION RESOURCES LIMITED Cash flow statement for the six months ended 30 June 2008 Six months ended 30 Six months ended 30 June June 2008 2007 GBP GBP CASH FLOWS FROM OPERATING ACTIVITIES (15,336) 7 Cash absorbed by operations (15,391) - Interest received 55 7 CASH FLOWS FROM INVESTING ACTIVITIES Loans repaid by subsidiary companies - - NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (15,336) 7 Cash and cash equivalents at the beginning of the period 75,588 2,709 Cash and cash equivalents at the end of period 60,252 2,716 Notes 1. The financial statements, which are unaudited, have been drawn up using accounting policies applicable to the year ended 31 December 2007. They do not constitute statutory accounts. 2. No dividend is payable for the period. 3. The loss per share is based on losses of £24,929, (2007 - £21,568), and on a weighted average of 266,186,458 (2006: 197,450,758) ordinary shares in issue. 4. The Company's web site address is www.dimensionresources.biz This information is provided by RNS The company news service from the London Stock Exchange END IR ILFVLARIAFIT
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