Apata Limited and Group

Balance sheet
As at 31 March 2008
Income statement
Year ended 31 March 2008
Note 2008 Group 2008 Company 2007 Group 2007 Company
Revenue from services provided 30,991,691 30,058,418 22,348,005 21,542,833
Revenue from goods sold 10,315,327 10,315,327 9,340,730 9,339,027
Total revenue 41,307,018 40,373,745 31,688,735 30,881,860
Other income 5 - - 67,666 67,666
Expenses 6 (38,587,444) (37,669,110) (29,428,873) (28,635,462)
Results from operating activities 2,719,574 2,704,635 2,327,528 2,314,064
Finance income 7 231,167 190,878 231,563 193,263
Finance expenses 7 (616,711) (616,711) (309,752) (309,752)
Net finance cost 7 (385,544) (425,833) (78,189) (116,489)
Profit before income tax 2,334,030 2,278,802 2,249,339 2,197,575
Income tax expense 8 (782,818) (764,593) (752,895) (735,813)
Profit for the year 1,551,212 1,514,209 1,496,444 1,461,762
The notes on pages 29 to 43 are an integral part of these financial statements.
Note 2008 Group 2008 Company 2007 Group 2007 Company
Assets
Property, plant and equipment 9 13,343,692 13,343,692 11,890,810 11,890,810
Deferred tax assets 14 37,359 37,359 – –
Investments 10 130,632 130,732 63,078 63,178
Total non-current assets 13,511,683 13,511,783 11,953,888 11,953,988
Inventories 11 2,289,474 2,289,474 1,836,708 1,836,708
Trade and other receivables 12 3,362,433 3,209,270 1,110,120 1,471,929
Cash and cash equivalents 13 1,073,290 845,194 1,035,717 434,121
Current tax assets – – 65,721 65,450
Total current assets 6,725,197 6,343,938 4,048,266 3,808,208
Total assets 20,236,880 19,855,721 16,002,154 15,762,196
Equity
Paid in share capital 15 5,466,006 5,466,006 5,390,216 5,390,216
Reserves 15 171,668 171,668 140,204 140,204
Retained earnings 15 3,486,467 3,325,621 2,686,114 2,562,271
Total equity 9,124,141 8,963,295 8,216,534 8,092,691
Liabilities
Loans and borrowings 16 5,900,000 5,900,000 3,200,000 3,200,000
Deferred tax liabilities 14 – – 71,122 71,122
Total non-current liabilities 5,900,000 5,900,000 3,271,122 3,271,122
Employee benefits 17 598,325 598,325 279,828 279,828
Trade and other payables 18 4,567,853 4,347,180 4,234,670 4,118,555
Current tax liabilities 15,189 15,549 – –
Derivatives 31,372 31,372 – –
Total current liabilities 5,212,739 4,992,426 4,514,498 4,398,383
Total liabilities 11,112,739 10,892,426 7,785,620 7,669,505
Total equity and liabilities 20,236,880 19,855,721 16,002,154 15,762,196
The notes on pages 29 to 43 are an integral part of these financial statements.
apata (annual report 2007/08)
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