We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| China Wonder | LSE:CWO | London | Ordinary Share | GB00B030LW50 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 19.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
Hot Features
Premium
TIDMCWO
RNS Number : 9472Y
China Wonder Limited
14 September 2009
CHINA WONDER LIMITED
(China Wonder Limited "the company" and its subsidiary companies "the Group")
Interim Results for the six months ended 30 June 2009 (unaudited)
I am pleased to report the Group's results for the six months to 30 June 2009
which are set out below. The figures show basic earnings per share of 0.85 pence
compared with 1.10 pence for the comparable period last year.
The Group's sales revenue for the period was GBP2,110,143, an increase
of GBP366,280 (or 21%) when compared to the GBP1,743,863 of sales for the same
period in 2008. The Group's net income for the period was GBP152,911, a decrease
of GBP44,572 (or 22.6%) when compared to the same period in 2008.
The Group is meeting the increased working capital requirements resulting
from additional sales from its own resources and existing banking facilities.
Despite the continuing background of the global economic crisis, the Group has
achieved the significant improvement in trading that was anticipated in my last
Chairman's statement. This demonstrates the longer term resilience of the
Group's products and technology and management's ability to respond quickly to
changes in trading conditions. As the Chinese economy recovers, the Board
believe that the Group will continue to develop and provide growing returns to
shareholders.
In line with the Group's development strategy, the Board continue to actively
seek expansion opportunities both in the People's Republic of China and the
United Kingdom.
MARK CHAPMAN
Chairman
For more information please contact:
+---------------------------+---------------------------+---------------------------+
| Mark Chapman | China Wonder Limited | +44 (0) 1483 892 130 |
+---------------------------+---------------------------+---------------------------+
| Daniel Bate | WH Ireland Limited | +44 (0) 161 832 2174 |
+---------------------------+---------------------------+---------------------------+
CHINA WONDER LIMITED
CONSOLIDATED INCOME STATEMENT
for the six months ended 30 June 2009
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| |Note | | Six months | | Six months | | Year ended |
| | | | ended | | ended | | 31 |
| | | | 30 June 2009 | | 30 June 2008 | | December |
| | | | Unaudited | | Unaudited | | 2008 |
| | | | | | | | Audited |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| | | | GBP | | GBP | | GBP |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| REVENUE | | | 2,110,143 | | 1,743,863 | | 2,611,329 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Cost of sales | | | (1,268,426) | | (1,168,588) | | (1,542,349) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Sales tax | | | (796) | | (100) | | (901) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| GROSS PROFIT | | | 840,921 | | 575,175 | | 1,068,079 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| OTHER OPERATING INCOME | | | - | | 349 | | 5,359 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| OPERATING EXPENSES | | | | | | | |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Distribution expenses | | | (158,873) | | (96,127) | | (196,297) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Administrative expenses | | | (454,119) | | (220,371) | | (831,505) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| | | | (612,992) | | (316,498) | | (1,027,802) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| | | | | | | | |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| PROFIT FROM OPERATIONS | | | 227,929 | | 259,026 | | 45,636 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Non-operating expense | | | (4,489) | | - | | - |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Non-operating income | | | - | | - | | 94,423 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Finance income | | | 2,476 | | 983 | | 3,510 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Finance costs | | | (5,863) | | (6,463) | | (14,902) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| | | | | | | | |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| PROFIT BEFORE TAX | | | 220,053 | | 253,546 | | 128,667 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Taxation | | | (64,444) | | (56,063) | | 45,365 |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Minority shareholder's profit | | | (2,698) | | - | | (2,658) |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| PROFIT FOR THE YEAR ATTRIBUTABLE | | | 152,911 | | 197,483 | | 171,374 |
| TO EQUITY HOLDERS OF THE PARENT | | | | | | | |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| | | | | | | | |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| EARNINGS PER SHARE | | | | | | | |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Basic | 2 | | 0.85p | | 1.10p | | 0.95p |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
| Diluted | 2 | | 0.84p | | 1.08p | | 0.95p |
+----------------------------------+------+--+--------------+--+--------------+--+--------------+
CONSOLIDATED STATEMENT OF RECOGNISED INCOME AND EXPENSE
for the six months ended 30 June 2009
+-------------------------------------+--------------+--+--------------+--+---------------+
| | Six months | | Six months | | Year ended |
| | ended | | ended | | 31 December |
| | 30 June 2009 | | 30 June 2008 | | 2008 |
| | Unaudited | | Unaudited | | Audited |
+-------------------------------------+--------------+--+--------------+--+---------------+
| | GBP | | GBP | | GBP |
+-------------------------------------+--------------+--+--------------+--+---------------+
| Exchange differences on translation | (505,822) | | (51,956) | | 586,059 |
| of foreign operations | | | | | |
+-------------------------------------+--------------+--+--------------+--+---------------+
| | | | | | |
+-------------------------------------+--------------+--+--------------+--+---------------+
| Net (expense)/income recognised | (505,822) | | (51,956) | | 586,059 |
| directly in equity | | | | | |
+-------------------------------------+--------------+--+--------------+--+---------------+
| | | | | | |
+-------------------------------------+--------------+--+--------------+--+---------------+
| Profit for the period | 152,911 | | 197,483 | | 171,374 |
+-------------------------------------+--------------+--+--------------+--+---------------+
| TOTAL RECOGNISED INCOME AND EXPENSE | (352,911) | | 145,527 | | 757,433 |
| FOR THE PERIOD ATTRIBUTABLE TO | | | | | |
| EQUITY HOLDERS OF THE PARENT | | | | | |
+-------------------------------------+--------------+--+--------------+--+---------------+
CHINA WONDER LIMITED
CONSOLIDATED BALANCE SHEET
at 30 June 2009
+----------------------------------+--------------+---+--------------+----+---------------+
| | 30 June 2009 | | 30 June 2008 | | 31 December |
| | Unaudited | | Unaudited | | 2008 |
| | | | | | Audited |
+----------------------------------+--------------+---+--------------+----+---------------+
| | GBP | | GBP | | GBP |
+----------------------------------+--------------+---+--------------+----+---------------+
| ASSETS | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Non-current assets | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Property, plant and equipment | 851,188 | | 789,209 | | 999,786 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Long term prepaid expenses | - | | - | | 6,415 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Goodwill | 1,356,705 | | 1,356,705 | | 1,356,705 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Intangible assets | 80,249 | | 69,101 | | 92,448 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Deferred tax asset | 46,346 | | 7,544 | | 65,547 |
+----------------------------------+--------------+---+--------------+----+---------------+
| | 2,334,488 | | 2,222,559 | | 2,520,901 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Current assets | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Inventories | 1,143,042 | | 988,097 | | 1,642,290 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Trade and other receivables | 1,441,945 | | 1,897,263 | | 1,676,716 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Tax assets | - | | 11,009 | | 29,854 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Cash and cash equivalents | 991,532 | | 237,745 | | 334,666 |
+----------------------------------+--------------+---+--------------+----+---------------+
| | 3,576,519 | | 3,134,114 | | 3,683,526 |
+----------------------------------+--------------+---+--------------+----+---------------+
| | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| TOTAL ASSETS | 5,911,007 | | 5,356,673 | | 6,204,427 |
+----------------------------------+--------------+---+--------------+----+---------------+
| | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Current liabilities | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Short-term loan | (150,041) | | (73,240) | | (150,394) |
+----------------------------------+--------------+---+--------------+----+---------------+
| Trade and other payables | (1,544,190) | | (1,660,831) | | (2,122,771) |
+----------------------------------+--------------+---+--------------+----+---------------+
| Tax liabilities | (26,825) | | - | | - |
+----------------------------------+--------------+---+--------------+----+---------------+
| | (1,721,056) | | (1,734,071) | | (2,273,165) |
+----------------------------------+--------------+---+--------------+----+---------------+
| | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Non-current liabilities | (617,818) | | - | | - |
+----------------------------------+--------------+---+--------------+----+---------------+
| NET ASSETS | 3,572,133 | | 3,622,602 | | 3,931,262 |
+----------------------------------+--------------+---+--------------+----+---------------+
| | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| EQUITY ATTRIBUTABLE TO EQUITY | | | | | |
| HOLDERS OF THE PARENT | | | | | |
+----------------------------------+--------------+---+--------------+----+---------------+
| Share capital | 450,000 | | 450,000 | | 450,000 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Share premium | 1,935,980 | | 1,935,980 | | 1,935,980 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Statutory reserves | 160,995 | | 185,253 | | 160,995 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Translation reserve | 159,898 | | 131,617 | | 665,720 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Retained earnings | 797,865 | | 869,944 | | 644,954 |
+----------------------------------+--------------+---+--------------+----+---------------+
| Minority interests | 67,395 | | 49,808 | | 73,613 |
+----------------------------------+--------------+---+--------------+----+---------------+
| TOTAL EQUITY | 3,572,133 | | 3,622,602 | | 3,931,262 |
+----------------------------------+--------------+---+--------------+----+---------------+
CHINA WONDER LIMITED
CONSOLIDATED CASH FLOW STATEMENT
for the six months ended 30 June 2009
+-----------------------------------+---------------+---+--------------+----+---------------+
| | Six months | | Six months | | Year ended |
| | ended | | ended | | 31 December |
| | 30 June 2009 | | 30 June 2008 | | 2008 |
| | Unaudited | | Unaudited | | Audited |
+-----------------------------------+---------------+---+--------------+----+---------------+
| | GBP | | GBP | | GBP |
+-----------------------------------+---------------+---+--------------+----+---------------+
| PROFIT BEFORE TAX | 220,053 | | 253,546 | | 128,667 |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Depreciation of property, plant | 48,599 | | 22,500 | | 99,316 |
| and equipment | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Amortisation of intangibles | 1,132 | | 1,049 | | 2,857 |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Provision for warranty | 38,303 | | - | | (13,791) |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Interest paid | 5,863 | | 6,463 | | 14,902 |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Interest received | (2,476) | | (984) | | (3,510) |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Loss disposal of property ,plant | 5,598 | | - | | 787 |
| and equipment | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| OPERATING CASH FLOW BEFORE | 317,072 | | 282,574 | | 229,228 |
| WORKING CAPITAL | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Decrease/(Increase) in | 499,248 | | (286,430) | | (958,228) |
| inventories | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Decrease/(increase) in | 234,771 | | (861,506) | | (685,197) |
| receivables | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| (Decrease)/increase in payables | (578,581) | | 611,448 | | 1,062,172 |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Tax paid | (7,766) | | (120,608) | | (73,255) |
+-----------------------------------+---------------+---+--------------+----+---------------+
| NET CASH GENERATED/(ABSORBED) BY | 464,744 | | (374,522) | | (425,280) |
| OPERATING ACTIVITIES | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| INVESTING ACTIVITIES | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Purchase of property, plant and | (5,619) | | (118,835) | | (123,136) |
| equipment | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Additions to intangible assets | - | | (413) | | - |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Additions of long term prepaid | - | | - | | (6,415) |
| expenses | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Interest received | 2,476 | | 984 | | 3,510 |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Proceeds on sale of | - | | - | | 2,593 |
| property, plant and equipment | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Net cash used in investing | (3,143) | | (118,264) | | (123,448) |
| activities | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| FINANCING ACTIVITIES | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Issue of ordinary share capital | - | | 152,633 | | - |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Investment from minority | - | | - | | - |
| interests | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Interest paid | (5,863) | | (6,463) | | (14,902) |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Proceeds from bank borrowings | 617,818 | | 4,154 | | 73,435 |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Repayment of bank borrowings | - | | - | | (116,875) |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Net cash from financing | 611,955 | | 150,324 | | (58,342) |
| activities | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| NET INCREASE IN CASH AND | 1,073,556 | | (342,462) | | (607,070) |
| CASH EQUIVALENTS | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Cash and cash equivalents at the | 334,666 | | 609,391 | | 609,391 |
| beginning of the period | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| Effect of foreign exchange | (416,690) | | (29,184) | | 332,345 |
| differences | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
| CASH AND CASH EQUIVALENTS AT THE | 991,532 | | 237,745 | | 334,666 |
| END OF THE PERIOD | | | | | |
+-----------------------------------+---------------+---+--------------+----+---------------+
CHINA WONDER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the six months ended 30 June 2009
+-------+------------------------------------------------------------------------------+
| 1. | ACCOUNTING POLICIES |
| | Basis of accounting |
| | The interim financial information for the six months ended 30 June 2009 and |
| | that for the equivalent period in 2008 is unaudited. The comparatives for |
| | the full year ended 31 December 2008 are not the Group's full statutory |
| | accounts for that year. A copy of the statutory accounts for that year has |
| | been delivered to the Jersey Financial Services Commission. The auditors' |
| | report on those accounts was unqualified, did not include references to any |
| | matters to which the auditors drew attention by way of emphasis without |
| | qualifying their report and did not contain a statement under Article 111 of |
| | the Companies (Jersey) Law 1991. |
| | The interim financial information has been prepared in accordance with the |
| | accounting policies and presentation required by International Financial |
| | Reporting Standards, incorporating International Accounting Standards and |
| | Interpretations (collectively "IFRS") as endorsed by the European Union. |
| | The interim report is presented and prepared in a form consistent with that |
| | which has been adopted in the Group's annual accounts having regard to the |
| | accounting standards applicable to such accounts. |
| | |
+-------+------------------------------------------------------------------------------+
| 2. | EARNINGS PER SHARE |
| | The calculation of the basic and diluted earnings per share is based on the |
| | following data. |
+-------+------------------------------------------------------------------------------+
+--------------------------------------------+------------+--+------------+--+------------+
| Earnings | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| | Six | | Six | | Year |
| | months | | months | | ended |
| | ended | | ended | | 31 |
| | 30 June | | 30 June | | December |
| | 2009 | | 2008 | | 2008 |
+--------------------------------------------+------------+--+------------+--+------------+
| | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| Earnings for the purpose of basic and | GBP152,911 | | GBP197,483 | | GBP171,374 |
| diluted earnings per share being net | | | | | |
| profit attributable to equity holders of | | | | | |
| the parent | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| Number of shares | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| Weighted average number of Shares for the | 18,000,000 | | 18,000,000 | | 18,000,000 |
| purposes of basic earnings per share | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| Weighted average number of Shares for the | 18,250,000 | | 18,250,000 | | 18,250,000 |
| purposes of diluted earnings per share | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| Earnings per share | | | | | |
+--------------------------------------------+------------+--+------------+--+------------+
| Basic | 0.85p | | 1.10p | | 0.95p |
+--------------------------------------------+------------+--+------------+--+------------+
| Diluted | 0.84p | | 1.08p | | 0.95p |
+--------------------------------------------+------------+--+------------+--+------------+
+-------------+-----------+---------+--+------------+--+-----------+--+-------------+--+-----+----+--+-----------+
| 3. | RESERVES | | | | | | | | | | | |
+-------------+-----------+---------+--+------------+--+-----------+--+----------------+-----+----+--+-----------+
| | Shares | | Share | | Statutory | | Translation | | Retained | | Minority |
| | Capital | | Premium | | Reserve | | Reserve | | Earnings | | Interests |
| | GBP | | Reserve | | GBP | | GBP | | GBP | | GBP |
| | | | GBP | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| 30 June 2009 | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| At 1 January 2009 | 450,000 | | 1,935,980 | | 160,995 | | 665,720 | | 644,954 | | 73,613 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Profit for the period | - | | - | | - | | - | | 152,911 | | 2,698 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Foreign exchange | - | | - | | - | | (505,822) | | - | | (8,916) |
| differences | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| At 30 June 2009 | 450,000 | | 1,935,980 | | 160,995 | | 159,898 | | 797,865 | | 67,395 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| 30 June 2008 | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| At 1 January 2008 | 450,000 | | 1,935,980 | | 139,615 | | 79,661 | | 494,960 | | 48,360 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Profit for the period | - | | - | | - | | - | | 197,483 | | - |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Foreign exchange | - | | - | | 45,638 | | 51,956 | | 177,501 | | 1,448 |
| differences | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| At 30 June 2008 | 450,000 | | 1,935,980 | | 185,253 | | 131,617 | | 869,944 | | 49,808 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| 31 December 2008 | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| At 1 January 2008 | 450,000 | | 1,935,980 | | 139,615 | | 79,661 | | 494,960 | | 48,360 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Transfers | - | | - | | 21,380 | | - | | (21,380) | | - |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Profit for the period | - | | - | | - | | - | | 171,374 | | 2,658 |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| Foreign exchange | - | | - | | - | | 586,059 | | - | | 22,595 |
| differences | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| | | | | | | | | | | | |
+-------------------------+---------+--+------------+--+-----------+--+-------------+--+----------+--+-----------+
| At 31 December 2008 | 450,000 | | 1,935,980 | | 160,995 | | 665,720 | | 644,954 | | 73,613 |
+-------------+-----------+---------+--+------------+--+-----------+--+-------------+--+-----+----+--+-----------+
+----+----------------+-----------+-----------+-------------+------------+-------------+-----------+
| 4. | SEGMENT INFORMATION |
+----+---------------------------------------------------------------------------------------------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | Packing | Moulding | Bespoke | Technology | Unallocated | Total |
| | Machinery | Equipment | Engineering | GBP | GBP | GBP |
| | GBP | GBP | GBP | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| For the 6 month | 944,468 | 98,953 | 1,066,722 | - | - | 2,110,143 |
| period ended 30 | | | | | | |
| June 2009 | | | | | | |
| Revenue from sale | | | | | | |
| of goods | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Segment results | 100,672 | 14,373 | 101,329 | (15,792) | 22,858 | 223,440 |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Finance income | 120 | 78 | 2,201 | 75 | 2 | 2,476 |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Finance costs | (404) | (22) | (5,418) | (19) | - | (5,863) |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit before | 100,388 | 14,429 | 98,112 | (15,736) | 22,860 | 220,053 |
| income | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Tax expense | (25,098) | (3,636) | (35,710) | - | | (64,444) |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit from | 75,290 | 10,793 | 62,402 | (15,736) | 22,860 | 155,609 |
| continuing | | | | | | |
| operations | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Minority interest | - | (2,698) | - | - | - | (2,698) |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit attributable | 75,290 | 8,095 | 62,402 | (15,736) | 22,860 | 152,911 |
| to the equity | | | | | | |
| holders of the | | | | | | |
| parent | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Other segment items | | | | | | |
| in the income | | | | | | |
| statement are as | | | | | | |
| follows: | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Depreciation | 26,803 | 9,479 | 12,026 | 291 | - | 48,599 |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Amortisation | 1,132 | - | - | - | - | 1,132 |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Provisions for | 31,054 | - | 55,925 | - | - | 86,979 |
| doubtful debts | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Segmental assets | | | | | | |
| and liabilities at | | | | | | |
| 30 June 2009 and | | | | | | |
| capital expenditure | | | | | | |
| for the year are as | | | | | | |
| follows: | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Total assets | 3,282,195 | 283,170 | 2,822,682 | 89,889 | (566,929) | 5,911,007 |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Total liabilities | 1,255,886 | 13,206 | 936,493 | 21,491 | 111,798 | 2,338,874 |
+---------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----+----------------+-----------+-----------+-------------+------------+-------------+-----------+
+-----+----------------+-----------+-----------+-------------+------------+-------------+-----------+
| 4.. | SEGMENT INFORMATION (continued) |
+-----+---------------------------------------------------------------------------------------------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | Packing | Moulding | Bespoke | Technology | Unallocated | Total |
| | Machinery | Equipment | Engineering | GBP | GBP | GBP |
| | GBP | GBP | GBP | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| For the 6 month | 582,571 | 31,596 | 1,129,696 | - | - | 1,743,863 |
| period ended 30 | | | | | | |
| June 2008 | | | | | | |
| Revenue from sale | | | | | | |
| of goods | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Segment results | 113,115 | 5,315 | 211,696 | - | (71,100) | 259,026 |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Finance income | 429 | 491 | - | - | 63 | 983 |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Finance costs | (223) | (10) | (6,230) | - | - | (6,463) |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit before | 113,321 | 5,796 | 205,466 | - | (71,037) | 253,546 |
| income | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Tax expense | (28,332) | (1,449) | (25,682) | - | (600) | (56,063) |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit from | 84,989 | 4,347 | 179,784 | - | (71,637) | 197,483 |
| continuing | | | | | | |
| operations | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Minority interest | - | - | - | - | - | - |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit attributable | 84,989 | 4,347 | 179,784 | - | (71,637) | 197,483 |
| to the equity | | | | | | |
| holders of the | | | | | | |
| parent | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Other segment items | | | | | | |
| in the income | | | | | | |
| statement are as | | | | | | |
| follows: | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Depreciation | 14,499 | 1,964 | 6,037 | - | - | 22,500 |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Amortisation | 1,049 | - | - | - | - | 1,049 |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Provisions for | - | - | - | - | - | - |
| doubtful debts | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Segmental assets | | | | | | |
| and liabilities at | | | | | | |
| 30 June 2008 and | | | | | | |
| capital expenditure | | | | | | |
| for the year are as | | | | | | |
| follows: | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Total assets | 2,020,299 | 218,218 | 2,969,632 | - | 148,524 | 5,356,673 |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Total liabilities | 434,423 | 7,219 | 1,040,308 | - | 252,121 | 1,734,071 |
+----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | - | | |
+-----+----------------+-----------+-----------+-------------+------------+-------------+-----------+
+-----+----------------------------------------------------------------------------+
| 4. | SEGMENT INFORMATION (continued) |
+-----+----------------------------------------------------------------------------+
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | Packing | Moulding | Bespoke | Technology | Unallocated | Total |
| | Machinery | Equipment | Engineering | GBP | GBP | GBP |
| | GBP | GBP | GBP | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| For the year ended 31 | 1,186,063 | 75,824 | 1,349,442 | - | - | 2,611,329 |
| December 2008 | | | | | | |
| Revenue from sale of | | | | | | |
| goods | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Segment results | 32,023 | 14,509 | 100,887 | - | (7,360) | 140,059 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Finance income | 1,973 | 1,176 | 280 | - | 81 | 3,510 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Finance costs | (1,171) | (29) | (13,702) | - | - | (14,902) |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit before income | 32,825 | 15,656 | 87,465 | - | (7,279) | 128,667 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Tax expense | 29,147 | (5,023) | 7,048 | - | 14,193 | 45,365 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit from | 61,972 | 10,633 | 94,513 | - | 6,914 | 174,032 |
| continuing operations | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Minority interest | - | (2,658) | - | - | - | (2,658) |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Profit attributable | 61,972 | 7,975 | 94,513 | - | 6,914 | 171,374 |
| to the equity holders | | | | | | |
| of the parent | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Other segment items | | | | | | |
| in the income | | | | | | |
| statement are as | | | | | | |
| follows: | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Depreciation | 61,468 | 14,105 | 23,743 | - | - | 99,316 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Amortisation | 2,857 | - | - | - | - | 2,857 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Provisions for | 159,039 | 4,538 | 69,999 | - | - | 233,576 |
| doubtful debts | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Segmental assets and | | | | | | |
| liabilities at 31 | | | | | | |
| December 2008 and | | | | | | |
| capital expenditure | | | | | | |
| for the year are as | | | | | | |
| follows: | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Total assets | 2,421,243 | 286,224 | 2,037,195 | 100,262 | 1,359,503 | 6,204,427 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| Total liabilities | 635,939 | (3,689) | 1,391,647 | - | 249,268 | 2,273,165 |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
| | | | | | | |
+-----------------------+-----------+-----------+-------------+------------+-------------+-----------+
+----+------------------------------------------------------------------------------+
| 5. | POST BALANCE SHEET EVENTS |
| | |
+----+------------------------------------------------------------------------------+
| | None. |
+----+------------------------------------------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
IR ILFISADILLIA
1 Year China Wonder Chart |
1 Month China Wonder Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
![Logo of BOBC [Bobcoin] (BOBCETH).](/common/images/company/COIN_BOBCUSD.png){kind=small}
