Balance Sheet as at 31st December 2008
Non-current assets
14,587,945
15,983,903
Current assets
9,313,261
8,298,714
Share capital
550,420
550,420
Share premium
7,230,891
7,230,891
Revaluation reserve
4,308,448
4,522,234
General reserve
1,058,701,821
1,061,473,101
Shareholders' fund
-3012770
34822
Current liabilities
23,180,405
21,201,171
Non-current liabilities
3,733,526
3,046,624
For the year ended 31 December 2008
Turnover
24298496
19937000
(Loss)/Profit on ordinary activities before taxation
1,070,894,121
1,069,543,876
Tax on ordinary activities
95,435
3,470,970
(Loss)/Profit on ordinary activities after taxation
1,070,989,556
-726,978
Minority interest
62,526
5,674
Retained (loss)/profit for the year
-2689742
-721304
Basic (loss)/earnings per share
(244k)
(66k)
Adjusted (loss)/earnings per share
(244k)
(66k)
For the period ended 31 December 2008
Operating profit/(loss) before working capital changes
1,433,212
-490,488
Working capital changes
747,683
4,732,447
Gratuity paid
-329,703
-728,000
Long service award paid
-22,950
Income tax paid
-43,556
-83,112
Net cash inflow from operating activities
1784686
3430847
Cash Flows from Investing Activities
Interest received
151,992
205,069
Proceeds from sale of fixed assets
22,199
90,285
Purchase of fixed assets
1,073,131,145
-721,128
Net cash outflow from investing activities
-436488
-425774
Cash flows from financing activities
Increase/(decrease) in bank overdrafts and short term borrowings
73,549
1,072,247,813
Interest paid
-2,094,416
1,071,916,838
Dividend paid
-37,762
-62,513
Repayment of finance lease
-258,344
Net cash outflow from financing activities
-2058629
-3639854
Net decrease in cash and cash equivalents
1,073,031,393
1,073,107,043
Cash and cash equivalents, beginning of year
2,359,147
2,993,928
Cash and cash equivalents, end of year
1648716
2359147
Investment Valuation Ratios
Liquidity And Solvency Ratios
Working Capital
1,059,874,680
Cash Flow Indicator Ratios
Earning Retention Ratio
0.99%
Return on Net fixed assets
Return on Invested Capital