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CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER, 2010 (Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated) 2010 2009 $ $ Operating activities (Loss)/profit before taxation from continuing operations (3,416) 24,917 Loss before taxation from discontinued operations (4,253) (9,286) (Loss)/profit before taxation (7,669) 15,631 Adjustments to reconcile profit before taxation to net cash generated by operating activities: Depreciation 9,211 9,798 Increase in provision for doubtful debts 4,909 2,607 Other non–cash items (35) (58) Interest expense (net) 1,540 1,924 Employee benefits expense 1,914 2,076 Loss/(gain) on disposal of property, plant and equipment 297 (4) 10,167 31,974 Changes in net current assets Increase in inventories (5,084) (2,511) Increase/(decrease) in receivables and prepayments 4,664 (8,506) (Decrease)/increase in payables and accruals (14,782) 7,332 Cash (used in)/generated by operating activities (5,035) 28,289 Taxation paid (1,222) (7,810) Net interest paid (1,399) (1,938) Pension contributions paid (2,532) (2,427) Net cash (used in)/generated from operating activities (10,188) 16,114 Investing activities Additions to property, plant and equipment (5,518) (7,561) Proceeds from sale of property, plant and equipment – 38 Net cash used in investing activities (5,518) (7,523) The accompanying notes form an integral part of these financial statements. 14 BUILD TO LAST FOR GENERATIONS
CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER, 2010 (Expressed in Thousands of Trinidad and Tobago Dollars, except where otherwise stated) (Continued) 2010 2009 Financing activities $ $ Repayment of borrowings (3,805) (4,387) Dividends paid – (2,400) Net cash used in financing activities (3,805) (6,787) Net (decrease)/increase in cash and cash equivalents (19,511) 1,804 Net cash/(borrowings) – beginning of year 1,054 (750) Net (borrowings)/cash – end of year (18,457) 1,054 Represented by: Cash at bank and on hand (Note 11) 660 4,313 Bank overdraft and advances (Note 11) (19,117) (3,259) (18,457) 1,054 The accompanying notes form an integral part of these financial statements. 15 BUILD TO LAST FOR GENERATIONS
Page 2 and 3: One of the most famous sites in the
Page 4 and 5: 2 BUILD TO LAST FOR GENERATIONS (L-
Page 6 and 7: (L-R) 1 Mr. Richard Dash (Materials
Page 8 and 9: CHAIRMAN’S REVIEW - 2010 RML Grou
Page 10 and 11: DIRECTORS’ & SUBSTANTIAL INTEREST
Page 12 and 13: CONSOLIDATED STATEMENT OF FINANCIAL
Page 14 and 15: CONSOLIDATED STATEMENT OF COMPREHEN
Page 18 and 19: NOTES TO THE CONSOLIDATED FINANCIAL
Page 48 and 49: REPUBLIC OF TRINIDAD AND TOBAGO The
Page 50 and 51: Fold here Affix STAMP Here To Regis
Page 52: Build to last for Generations

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