Financial Statement - Aztech Group Ltd - Investor Relations
Financial Statement - Aztech Group Ltd - Investor Relations Financial Statement - Aztech Group Ltd - Investor Relations
Profit (Loss) before income tax is arrived at after crediting (charging) the following: GROUP 31.03.12 31.03.11 Change $’000 $’000 % 1. Interest income 69 53 30.2 2. Interest expense (305) (246) 24.0 3. Depreciation (1,282) (1,657) (22.6) 4. Amortisation of intangible assets (658) (748) (12.0) 5. Fair value gain on derivatives financial instruments 56 185 (69.7) 6. Gain (Loss) on disposal of property, plant and equipment 110 (275) n.m. 7. Impairment loss on vessels - (19,402) n.m. 8. Net exchange gain 2,198 304 623.0 9. Finance costs, including: (391) (300) 30.3 a) Bank charges (86) (54) 59.3 b) Interest expenses for: Bills payable and short-term trade loans (163) (60) 171.7 Finance leases - (2) n.m. Vessel loans (62) (84) (26.2) Revolving loans and term loans (80) (100) (20.0) n.m. Not meaningful Page 2 of 16
1(b)(i) A balance sheet (for the issuer and group), together with a comparative statement as at the end of the immediately preceding financial year. ASSETS GROUP COMPANY 31.03.12 31.12.11 Change 31.03.12 31.12.11 Change $'000 $'000 % $'000 $'000 % Current assets: Cash and bank balances 29,059 39,903 (27.2) 11,614 15,263 (23.9) Trade receivables 30,185 33,810 (10.7) - - - Other receivables and prepayments 8,210 7,055 16.4 11,457 11,769 (2.7) Tax recoverable 143 260 (45.0) - - Derivative financial instruments 27 30 (10.0) - - - Inventories 29,435 29,040 1.4 - - - Total current assets 97,059 110,098 (11.8) 23,071 27,032 (14.7) Non-current assets: Investment in subsidiaries - - - 85,086 84,729 0.4 Available-for-sale financial assets 412 412 - 405 405 - Other financial assets (Note 1) 1,990 990 101.0 1,990 990 101.0 Property, plant and equipment 52,126 53,325 (2.2) 262 283 (7.4) Trade receivables 2,099 2,292 (8.4) - - - Intangible assets 3,726 3,833 (2.8) - - - Deferred tax assets 47 74 (36.5) - - - Total non-current assets 60,400 60,926 (0.9) 87,743 86,407 1.5 Total assets 157,459 171,024 (7.9) 110,814 113,439 (2.3) Note 1: Other financial assets included held-to-maturity investment carried at amortised cost of $0.99 million and financial asset carried at fair value through profit or loss of $1.00 million. Page 3 of 16
- Page 1: First Quarter ended 31 March 2012 F
- Page 5 and 6: 1(b)(ii) Aggregate amount of group'
- Page 7 and 8: v) an amount of $2,000,000 extended
- Page 9 and 10: 3 months ended 3 months ended 31.03
- Page 11 and 12: Share capital Treasury shares Warra
- Page 13 and 14: 1 (d)(iv) Statement showing all sal
- Page 15 and 16: Results for 1Q2012 Revenue Turnover
Profit (Loss) before income tax is arrived at after crediting<br />
(charging) the following:<br />
GROUP<br />
31.03.12 31.03.11 Change<br />
$’000 $’000 %<br />
1. Interest income 69 53 30.2<br />
2. Interest expense (305) (246) 24.0<br />
3. Depreciation (1,282) (1,657) (22.6)<br />
4. Amortisation of intangible assets (658) (748) (12.0)<br />
5. Fair value gain on derivatives financial instruments 56 185 (69.7)<br />
6. Gain (Loss) on disposal of property, plant and equipment 110 (275) n.m.<br />
7. Impairment loss on vessels - (19,402) n.m.<br />
8. Net exchange gain 2,198 304 623.0<br />
9. Finance costs, including: (391) (300) 30.3<br />
a) Bank charges (86) (54) 59.3<br />
b) Interest expenses for:<br />
Bills payable and short-term trade loans (163) (60) 171.7<br />
Finance leases - (2) n.m.<br />
Vessel loans (62) (84) (26.2)<br />
Revolving loans and term loans (80) (100) (20.0)<br />
n.m. Not meaningful<br />
Page 2 of 16
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