Annual Report 30 June 2007 - One Horizon Group
Annual Report 30 June 2007 - One Horizon Group
Annual Report 30 June 2007 - One Horizon Group
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12<br />
GROUP PROFIT AND LOSS ACCOUNT<br />
Year ended <strong>30</strong> <strong>June</strong> <strong>2007</strong><br />
<strong>30</strong> <strong>June</strong> <strong>2007</strong> <strong>30</strong> <strong>June</strong> 2006<br />
Note $000’s $000’s $000’s<br />
Turnover<br />
Continuing operations 46,517 51,018<br />
Acquisitions 11,496 –<br />
58,013 51,018<br />
Discontinued operations – 540<br />
<strong>Group</strong> turnover 2 58,013 51,558<br />
Cost of sales 3 (44,212) (41,412)<br />
Gross profit 13,801 10,146<br />
Net operating expenses 3 (9,240) (6,775)<br />
Operating profit 4<br />
Continuing operations 4,155 3,491<br />
Acquisitions 406 –<br />
4,561 3,491<br />
Discontinued operations (–) (120)<br />
<strong>Group</strong> operating profit 4,561 3,371<br />
Loss on disposal of fixed asset investments (–) (10)<br />
Profit on ordinary activities before interest 4,561 3,361<br />
Interest receivable 346 <strong>30</strong>3<br />
Finance costs 7<br />
Interest payable and similar charges (1,106) (748)<br />
Amortisation of issue costs on convertible loan stock (122) (114)<br />
(1,228) (862)<br />
Profit on ordinary activities before taxation 2 3,679 2,802<br />
Tax on profit on ordinary activities 9 (794) (890)<br />
Profit on ordinary activities after taxation 2,885 1,912<br />
Minority interests 74 69<br />
Profit attributable to members of the Parent Company<br />
(carried forward) 10 2,959 1,981<br />
Profit attributable to members of the Parent Company<br />
(brought forward) 10 2,959 1,981<br />
Dividends 11 (235) (78)<br />
Retained profit 2,724 1,903<br />
Earnings per share<br />
Basic earnings per ordinary share 8 $0.0526 $0.0387<br />
Diluted earnings per ordinary share 8 $0.0512 $0.0385<br />
The <strong>Group</strong> has no recognised gains or losses other than the results for the period as set out above.<br />
There is no difference between the profits shown above and their historical cost equivalents.<br />
The notes on pages 16 to 32 form part of these financial statements.