prospectus for - Pumpkin Patch investor relations

7. Description of the Activities of the Issuing GroupThe business activities of the Company and its Subsidiaries carried out in the five years preceding the date ofregistration of this Prospectus include the design, manufacture and distribution of apparel through its own retailstores, wholesale arrangements and a mail order catalogue system.For more details on the activities of the Company and its Subsidiaries in the five years preceding the date ofthis Prospectus, refer to page 67.The principal fixed assets of Pumpkin Patch and its subsidiaries are the fixtures and fittings in its retail stores andat its principal place of business at 439 East Tamaki Road in Auckland. These assets are owned by PumpkinPatch (or a Subsidiary) and are used in its business.8. Summary of Financial StatementsSummary financial information for Pumpkin Patch and its Subsidiaries prepared for the purposes of clause 8 ofthe First Schedule to the Securities Regulations 1983, and the information required by that clause, is set out onpages 67 to 69.9. Prospects and ForecastsThe trading prospects of Pumpkin Patch and its Subsidiaries, together with any material information relevant tothose prospects, are described generally on page 26, and more particularly in the Prospective FinancialInformation set out on pages 36 to 43 of this Prospectus.Risk and special trade factors which could materially affect the prospects of Pumpkin Patch and its Subsidiariesare described on pages 28 to 31.10. Provisions Relating to Initial FlotationsThe plans of the Directors of Pumpkin Patch and its subsidiaries during the twelve month period commencingon the date of this Prospectus are set out on pages 26. The sources of funds required for the implementation ofthese plans will be funds on hand (including funds raised under the Share Offer) funds generated in the normalcourse of business and, if required, borrowed funds.The intended use of the proceeds of the Share Offer and the Option Offer is set out on page 17. However thoseproceeds may, notwithstanding the stated Directors’ plans, be applied towards any undertaking that theCompany may lawfully engage in.A prospective statement of cash flows of Pumpkin Patch and its Subsidiaries (including the principalassumptions on which it is based) which the Directors expect to occur for the years commencing 1 August 2003and 1 August 2004 are set out on pages 39 to 43.There is no minimum amount that, in the opinion of the Directors, must be raised by the issue of the Sharesoffered under this Prospectus in order to provide for any of the following:• The purchase price of any property purchased or to be purchased which is to be defrayed in whole or inpart from the proceeds of the offer;• Any preliminary expenses or commission so payable to any person in consideration of such person agreeingto subscribe for, or procuring or agreeing to procure subscriptions for, any of the Shares;• Working capital;• The repayment of money borrowed by the Company in respect of any of the foregoing matters.78