inter roller fa final

Notes to the Financial Statements17 Short-term investments (Cont’d)Short-term investments are stated after providing for diminution in value as follows:Provision for diminution in valueBalance at beginning 275,613 433,328Provision no longer required (Note 19) (275,613) (157,715)Balance at end - 275,61318 Cash and cash equivalentsThe GroupThe Company2004 2003 2004 2003$ $ $ $Cash and bank balances 1,543,222 6,220,039 608,207 6,026,102For the purpose of the consolidated cash flow statement, the year end cash and cash equivalents comprise thefollowing:2004 2003The Group $ $Cash and bank balances 1,543,222 6,220,039Bank overdraft - unsecured (Note 8) (72,371) -1,470,851 6,220,03919 Profit before taxationThe GroupThe Company2004 2003 2004 2003Note $ $ $ $Profit before taxation has beenarrived at after charging:Bad debt - trade 133,180 - 133,180 -Central Provident Fund and equivalentfund contributions 904,397 884,500 825,804 836,94862 inter-roller engineering limited annual report2004