Neimeth International Pharmaceuticals Plc
Balance Sheet as at 31st March, 2010
Financed Leased Assets
300,648
182,332
Current Asstes
44,515
44,515
Trade debtors
985,372
812,391
Other debtors and prepayments
133,848
356,796
Intercompany balance
343,275
307,365
Cash and bank balances
70,343
13,220
Creditors: Amounts falling due within one year
Bank overdrafts and short term borrowing
193,938
212,316
Trade creditors
232,370
159,519
Other creditors and accrued expenses
363,249
379,943
Short term portion of finance lease obligation
31,421
25,311
Deposit for shares
210,000
210,000
Short term loan
140,000
140,000
Net Current Assets
1323233
1401242
Total Assets Less Current Liabilities
1,711,240
1,763,386
Deferred taxation
-94,194
-94,194
Creditors: Amounts falling due after more than one year
Long term loan
-154,339
-154,339
Financed Lease obligation
-33,693
-25,711
Provision for Liabilities and Charges
Provision for staff gratuity
-268,598
-279,887
Share capital
410,788
410,788
Share premium
894,961
894,961
Revenue reserve
-145,333
-96,494
Shareholder's Funds
1160416
1209255
Profit and Loss Account for the year ended 31st March, 2010
Turnover
1,871,667
1,731,820
Cost of sales
-990,350
-713,456
Gross Profit
881,317
1,018,364
Marketing and distribution expenses
-407,508
-408,008
Administrative expenses
-438,193
-757,502
Diminution in value of share
0
0
Operating loss
89,057
-139,543
Interest payable and similar charges
-129,558
-131,858
Loss before taxation
-40,501
-271,400
Loss after taxation transferred to revenue reserve
-48839
-318215
Loss per share (kobo) (Basic)
-6
-49
Cash Flow for the year ended 31st March, 2012
Cash flows from operating activities:
Cash receipt from customers
1,957,146
1,927,079
Payments to suppliers and employees
1,072,154,315
1,072,075,903
Net cash provided by operating activities
353681
170016
Cashflows from investing activities
Proceeds from sale of fixed assets
22,397
1,617
Purchase of fixed assets
-104,318
-55,595
Net cash provided by investing activities
-81916
-47299
Cash flows from financing activities
Interest paid
-129,558
-131,858
Lease payment
-46,650
-51,766
Repayment of loan
0
-126,153
Repayment of debenture stock
-20,056
-76,000
Deposit for shares
0
-210,000
Net cash provided by financing activities
-196264
-247781
Net increase/decrease in cash and cash equivalents
75,501
-125,064
Cash and cash equivalents at 1 April
-199,096
-74,032
Cash and cash equivalents at 31 March
-123595
-199096
Investment Valuation Ratios
For the year Ended 31st March, 2010
Operating Profit Per Share (Rs)
0
Gross Profit Margin(%)
0.47%
Return On Capital Employed(%)
-0.02%
Return On Net Worth(%)
-0.04%
Liquidity And Solvency Ratios
Cash Flow Indicator Ratios
Inventory Turnover Ratio
2%
Fixed Assets Turnover Ratio
6.23%
OPERATING PROFIT MARGIN
0.05%