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Directors' Report and Financial Statements 31 March ... - Precision Air

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Current liabilities<br />

Interest bearing loans <strong>and</strong><br />

borrowings 23 32,805,940 30,557,963 32,601,039 29,340,213<br />

Trade <strong>and</strong> other payables 24 38,667,806 36,077,593 38,667,806 36,077,594<br />

Tax payable 21(a) 53,649 118,649 53,649 118,649<br />

71,527,395 66,754,205 71,322,494 65,536,456<br />

TOTAL EQUITY AND LIABILITIES 241,419,805 240,330,760 242,209,797 239,716,679<br />

These financial statements were authorised by the board of directors for issue on<br />

……………………..............2012<br />

<strong>and</strong> were signed on its<br />

behalf by:<br />

Name: Michael N. Shirima Title: Chairman of the Board Signature:<br />

Name: Alfonse M. Kioko Title : Group MD & CEO Signature:<br />

20<br />

DIRECTORS’ REPORT AND FINANCIAL STATEMENTS <strong>31</strong> MARCH 2012

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