investment statement for - Pumpkin Patch investor relations

financial informationThe financial summary set out below has been prepared to enable investors to compare forecast financialinformation with the three year historical performance of the underlying business of Pumpkin Patch.Financial Performance for 12 months ended 31 July 2001 2002 2003 2004 2005$000 $000 $000 $000 $000(Pro Forma) (Pro Forma)Note (Unaudited) (Unaudited) (Audited) (Forecast) (Forecast)Operating Revenue 150,238 174,534 193,510 213,524 246,774Group EBITDA Before Costs of Restructuring Employee Share Schemes 11,038 14,096 16,655 26,717 31,199Depreciation 4,403 5,631 6,536 7,224 8,164Group EBITA Before Costs of Restructuring Employee Share Schemes 6,635 8,465 10,119 19,493 23,035Amortisation/Impairment of UK goodwill 2 - 1,538 - - -Group EBIT Before Costs of Restructuring Employee Share Schemes 6,635 6,927 10,119 19,493 23,035Costs of restructuring employee share schemes 5 - - - 7,450 -Group EBIT 1 6,635 6,927 10,119 12,043 23,035Net interest expense* 2,610 490Operating Profit Before Income Tax* 9,433 22,545Income tax expense* 5,397 7,214Operating Profit After Income Tax* 4,036 15,331Cash Flow SummaryOperating Cash Flow 3 (13,293) 5,809 13,109 12,452 22,099Capital expenditure 4 9,906 5,065 7,972 5,421 4,450Operating Cash Flow After Capital Expenditure (23,199) 744 5,137 7,031 17,649Note:*Pro forma (31 July 2001 and 31 July 2002) and audited (31 July 2003) historical financial performance numbers are not includedfor these items as they are not relevant following the completion of the Share Offer.“EBIT” means earnings before interest and tax.“EBITA” means earnings before interest, tax and amortisation.“EBITDA” means earnings before interest, tax, depreciation and amortisation.Summary Statement of Financial Position Jan 2004 July 2004 July 2005$000 $000 $000Note (Audited) (Forecast) (Forecast)Current assets 43,593 52,379 67,137Non-current assets 30,292 33,105 27,811Total Assets 73,885 85,484 94,948Borrowings (including overdraft facility) 6 32,093 1,652 -Other current liabilities 14,886 15,294 15,525Non-current liabilities 2,316 3,959 1,913Total Liabilities 49,295 20,905 17,438Net Assets 24,590 64,579 77,510The amounts shown above as at 31 January 2004 have been taken from the audited consolidated statement of financial position of theissuing group as at that date, a copy of which is contained in the Prospectus.21