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

PUMPKIN PATCH LIMITED & SUBSIDIARIESNOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTSFOR THE 12 MONTHS ENDED 31 JULY 2004 (CONTINUED)22. Reconciliation of Net Profit after Taxation to Cashflow from Operating ActivitiesGroupParent12 months 7 months 12 months 7 months31 July 2004 31 July 2003 31 July 2004 31 July 2003Notes $000 $000 $000 $000Net Profit After Tax 8,080 1,157 644 2,267Add/(Less) Non-cash items:Depreciation expense 7,428 3,822 1,040 542(Increase)/Decrease in deferred taxation (3,190) (848) (1,337) (71)Provision for prelisting employee sharescheme restructuring 6 8,983 - 8,983 -Fit out Contributions amortised (1,333) (549) - -Amortisation expense 2 51 30 - -Add/(Less) movements in working Capital items:(Increase)/Decrease in receivables and prepayments (137) 1,392 (51) 170Increase/(Decrease) in creditors and provisions 7,855 1,763 (3,289) (77)Increase/(Decrease) in creditors re stock in transit 4,780 - - -(Increase)/Decrease in Inventories on hand (12,668) 6,262 - -(Increase)/Decrease in stock in transit (4,893) (8,241) - -(Increase)/Decrease in Related party balances - - (30,233) 1,037Net Cash Flow From Operating Activities 14,956 4,788 (24,243) 3,86823. Significant Events after Balance DateNo significant events have occurred after balance date.55