Annual Report 30 June 2007 - One Horizon Group

Recommendations

Info

SatCom Group • A world leader in providing reliable satellite communications equipment and airtime for those working and travelling in remote areas • Global company with offices in the UK, USA, Middle East, Australia and Asia • Strong dealer network and essential market knowledge covering all 5 continents • Provide all customers with worldwide support, all day, every day on our 24x7 helpdesk • Suppliers of Inmarsat, Iridium, Thuraya and VSAT systems • Extensive website www.satcomgroup.com features detailed information of products, accessories, specifications, news and Investor relations updates • Knowledge base which is accessible through our website containing information on technical issues and support online • Specialised bespoke website www.satcomglobal.net for the provisioning of airtime services, online activation requests, contract amendments and purchasing additional prepaid airtime top-ups • Truly one stop shopping, providing a single point of contact for all satellite hardware, airtime and software applications
CONTENTS Chairman’s statement 2 Chief executive’s statement 3 Board of directors 4 Directors, officers and advisers 5 Report of the directors 6 - 10 Independent auditors’ report 11 Group profit and loss account 12 Group balance sheet 13 Company balance sheet 14 Group cash flow statement 15 Notes to the financial statements 16 - 32 “ Our results show further growth in profits for the Group and an increase in turnover of 12.6% to $58 million Mark White Chief Executive ” 1
Page 1: Annual Report 30 June 2007 SatCom G
Page 5 and 6: CHIEF EXECUTIVE’S STATEMENT Highl
Page 7 and 8: DIRECTORS, OFFICERS AND ADVISERS Di
Page 9 and 10: Share options No Directors had inte
Page 11 and 12: ut not absolute, assurance with reg
Page 13 and 14: INDEPENDENT AUDITORS’ REPORT to t
Page 15 and 16: GROUP BALANCE SHEET As at 30 June 2
Page 17 and 18: GROUP CASH FLOW STATEMENT Year ende
Page 19 and 20: 1. Accounting policies (continued)
Page 21 and 22: 4. Operating profit 30 June 2007 30
Page 23 and 24: 8. Earnings per share Basic earning
Page 25 and 26: 13. Tangible fixed assets Short Lea
Page 27 and 28: 15. Stocks Group Company 30 June 20
Page 29 and 30: 21. Deferred taxation The movement
Page 31 and 32: 24. Share capital Authorised share
Page 33 and 34: 27. Reconciliation of movements in
Page 35 and 36: HORIZON MOBILE COMMUNICATIONS HORIZ

Annual Report 30 June 2007 - One Horizon Group

Create successful ePaper yourself

Delete template?

Save as template?