We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Optare | LSE:OPE | London | Ordinary Share | GB00B2PGSY66 | 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% | 0.035 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
2011/12 was a period of significant strategic progress in a difficult market. We look forward to working closely with Ashok Leyland in developing the business in both the UK and export markets in the years to follow.
John Fickling
Non-executive Chairman
Consolidated Income Statement for the period ended 31 March 2012
Hot Features
Premium
Before Before
Exceptional Exceptional Exceptional Exceptional
items items Total items items Total
Period Period Period Year Year Year
Ended Ended Ended ended ended ended
31 Mar 31 Mar 31 Mar 31 Dec 31 Dec 31 Dec
2012 2012 2012 2010 2010 2010
GBP'000 GBP'000 GBP'000 GBP'000 GBP'000 GBP'000
Revenue 71,935 - 71,935 52,271 - 52,271
Cost of
sales (68,370) (3,823) (72,193) (47,826) (1,430) (49,256)
Gross profit/(loss) 3,565 (3,823) (258) 4,445 (1,430) 3,015
Administrative
expenses (10,812) (776) (11,588) (7,681) (733) (8,414)
Distribution
costs (493) - (493) (524) - (524)
Amortisation
of
intangible
assets (422) - (422) (290) - (290)
Loss from
operations (8,162) (4,599) (12,761) (4,050) (2,163) (6,213)
Finance
costs (853) (853) (393) - (393)
Finance
income 222 - 222 93 - 93
Loss for
the period
from continuing
operations (8,793) (4,599) (13,392) (4,350) (2,163) (6,513)
Loss on
ordinary
activities
before taxation (8,793) (4,599) (13,392) (4,350) (2,163) (6,513)
Taxation - - - 73 - 73
Loss attributable
to the equity
holders
of the parent
company (8,793) (4,599) (13,392) (4,277) (2,163) ( 6,440)
There are no other recognised items of income and expense other than those presented above.
Consolidated Statement of Changes in Equity for the period ended 31 March 2012
Share Share Merger Retained Share Total
capital premium reserve losses based
payment
reserve
GBP'000 GBP'000 GBP'000 GBP'000 GBP'000 GBP'000
Balance at 1 January
2010 2,324 22,620 5,542 (26,345) 27 4,168
Loss for the year - - - (6,440) - (6,440)
Total comprehensive
income for the
year - - - (6,440) - (6,440)
Transactions with
owners in their
capacity as owners:-
Issue of shares 1,497 4,139 - 1,648 - 7,284
Total transactions
with owners in
their capacity
as owners 1,497 4,139 - 1,648 - 7,284
Balance at 31
December 2010 3,821 26,759 5,542 (31,137) 27 5,012
Loss for the period (13,392) (13,392)
Total comprehensive
income for the
period - - - (13,392) - (13,392)
Transactions with
owners in their
capacity as owners:-
Issue of shares 5,184 6,219 - - 171 11,574
Transaction costs - (582) - - - (582)
Total transactions
with owners in
their capacity
as owners 5,184 5,637 - - 171 10,992
Balance at 31
March 2012 9,005 32,396 5,542 (44,529) 198 2,612
Consolidated Balance Sheet at 31 March 2012
31 March 31 December
2012 2010
GBP'000 GBP'000
Non - Current
Assets
Goodwill 8,574 8,574
Other intangible
assets 8,032 6,872
Property, plant
and equipment 3,126 2,312
19,732 17,758
Current Assets
Inventories 11,275 7,742
Trade and other
receivables 8,143 4,774
Cash & cash equivalents 587 -
20,005 12,516
Assets held for
sale 1,000 2,000
Total Assets 40,737 32,274
Current Liabilities
Trade and other
payables 20,167 17,031
Loans and overdrafts 15,207 5,427
Provisions 1,405 1,245
Obligations under
finance leases 49 23
36,828 23,726
Non Current Liabilities
Bank loans - 1,912
Provisions 1,053 1,600
Obligations under
finance leases 245 24
1,297 3,536
Total Liabilities 38,125 27,262
Net Assets 2,612 5,012
Equity
Share capital 9,005 3,821
Share premium 32,396 26,759
Share based payment
reserve 198 27
Merger reserve 5,542 5,542
Retained loss (44,529) (31,137)
Total equity attributable
to equity holders
of the parent 2,612 5,012
Consolidated Cash Flow Statement for the period ended 31 March 2012
Period ended Year ended
31 March 31 December
2012 2010
GBP'000 GBP'000
Operating activities
Cash absorbed
by operations (14,946) (3,418)
Interest paid (853) (393)
Net cash used
in operating activities (15,799) (3,811)
Disposal of assets
held for sale 1,000 -
Purchase of property,
plant and equipment (1,920) (75)
Internal capitalised
costs (1,582) (3,209)
Interest received 222 93
Net cash used
in investing activities (2,280) (3,191)
Financing activities
Proceeds from
issuance of ordinary
shares 10,821 7,284
Hire purchase
agreement repayments (23) -
Loan repayments (3,395) (3,407)
Short term loan 9,995 1,224
Net cash generated
from financing
activities 17,398 5,101
Net (decrease)
in cash and cash
equivalents (681) (1,901)
Cash and cash
equivalents at
end of period (3,401) (2,720)
Notes
1 The financial information set out herein does not constitute the Group's statutory accounts for the period ended 31 March 2012 or the year ended 31 December 2010 but is derived from those accounts. The information in respect of 2012 statutory accounts has been derived from the audited statutory accounts for the period ended on that date on which an unqualified audit opinion was expressed and which did not contain a statement under section 498 (2) or (3) of the Companies Act 2006. The comparative information in respect of the year ended 31 December 2010 has been derived from the audited statutory accounts for the year ended on that date upon which an unqualified audit opinion was expressed and which did not contain a statement under section 498 (2) or (3) of the Companies Act 2006. The audited accounts will be posted to all shareholders in due course and will be available on request by contacting the Company Secretary at the Company's Registered Office.
2 BASIS OF PREPARATION
Optare plc is a company incorporated and domiciled in the UK.
The group changed its financial period end from the 31(st) December 2011 to 31st March 2012, to align with its new parent company.
The financial statements have been prepared on a historical cost basis. The historical financial statements consolidate those of Optare plc and its subsidiaries.
1 Year Optare Chart |
1 Month Optare 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
