1086 AnnRep-Investment S04-3 - Pumpkin Patch investor relations

PUMPKIN PATCH LIMITED & SUBSIDIARIESSTATEMENTS OF FINANCIAL POSITIONAS AT 31 JULY 2004GroupParent31 July 2004 31 July 2003 31 July 2004 31 July 2003Notes $000 $000 $000 $000EquityShare capital 4 55,660 10,907 57,535 10,907Retained earnings 7 7,877 9,423 (3,748) 5,235Total Equity 63,537 20,330 53,787 16,142Equity Represented by:Current AssetsCash and bank balances - - 1 -Trade debtors 1,774 1,360 - -Amounts owed from subsidiaries - - 38,355 22,388Advances to employee share schemeand employees 6 1,357 1,647 1,357 1,647Other receivables and prepayments 2,189 2,824 3,272 520Inventories 12 58,777 41,216 - -Income tax receivable 3 - 1,537 2,131 -Total Current Assets 64,097 48,584 45,116 24,555Current LiabilitiesBank overdraft 4,656 4,452 - 40Short term borrowings - 17,000 - -Trade creditors 11,238 7,910 660 831Income tax payable 2,276 - - 45Amounts owed to subsidiaries - - 2,697 16,961Accruals and provisions 11 14,011 7,418 3,964 1,341Current portion of term liabilities 9 - 1,707 - 1,705Total Current Liabilities 32,181 38,487 7,321 20,923Net Working Capital 31,916 10,097 37,795 3,632Non Current AssetsProperty plant and equipment 13 30,112 29,652 4,538 4,736Intangible assets 20 210 207 - -Advances to employee share schemeand employees 6 2,995 - 2,995 -Investments in subsidiaries 14 - - 10,188 10,188Investments 4 4 4 4Deferred taxation 15 3,635 446 1,505 167Total Non Current Assets 36,956 30,309 19,230 15,095Non Current LiabilitiesTerm liabilities 9 - 15,430 - 85Loan and advances from shareholders 10 - 2,500 - 2,500Accruals and provisions 11 5,335 2,146 3,238 -Total Non Current Liabilities 5,335 20,076 3,238 2,585Net Assets 63,537 20,330 53,787 16,14229