Afcon Book.indd - Afcons Infrastructure Ltd.

AFCONS MADAGASCAR OVERSEAS S.A.R.LBalance sheet as at December 31st, 2009Table A Currency unit AriaryASSETS Note 31-Dec-09 31-Dec-08 SHAREHOLDERS'EQUITY ANDLIABILITIESNote 31-Dec-09 31-Dec-08Gross amount Depreciation/Net Net SUM SUMprovisionNON CURRENT ASSETS SHARE HOLDERS' EQUITY 6Intangible assets 4,156,900.00 2,093,636.54 2,063,263.46 3,448,758.23Software 4,156,900.00 2,093,636.54 2,063,263.46 3,448,758.23 Issued capital 6.1 2,000,000.00 2,000,000.00Property, plant and equipment 3 175,835,776.71 28,091,805.27 147,743,971.44 129,022,037.59 Reserves 200,000.00 -Industrial equipment 53,333,505.41 4,324,983.78 49,008,521.63 15,871,454.67 Difference in equivalence - -Other Immobilizations 122,502,271.30 23,766,821.49 98,735,449.81 113,150,582.92 Net profit 8,048,330,069.71 2,042,769,558.88Financial Assets - - - - Result to be allocatedDiffered Tax - - - - Other equity - profit to be forwarded 142,569,558.88 -TOTAL OF EQUITY 8,193,099,628.59 2,044,769,558.88NON-CURRENT LIABILITIESInvestment grants - -Differed taxes - -Financial debts - -Down Payments to suppliers - -TOTAL NON CURRENT ASSETS 179,992,676.71 30,185,441.81 149,807,234.90 132,470,795.82 TOTAL NON-CURRENT LIABILITIES - -CURRENT ASSETSINVENTORIESRaw materials - - - -Packing - - - -Semi finished goods - - - -Final goods - - - -TRADE AND OTHER RECEVABLES 4 8,443,508,450.36 - 8,443,508,450.36 5,680,579,629.75Trade Receivables 2,014,611,531.60 - 2,014,611,531.60 5,558,036,253.60Other receivables and assimilated assets 69,998,811.60 - 69,998,811.60 19,937,137.98 CURRENT LIABILITIESSocial Securities and Tax 469,495,141.19 - 469,495,141.19 56,546,238.17 Trade and other payables 1,946,591,650.53 2,673,255,978.92Other receivable 5,889,402,965.97 - 5,889,402,965.97 46,060,000.00 Trade Creditors 213,026,844.12 217,969,905.33CASH AND CASH EQUIVALENTS 5 3,908,175,208.81 - 3,908,175,208.81 48,217,243.86 Social Securities and Tax 2,085,751,936.83 925,272,226.29BMOI TOAMASINA 3,905,655,219.81 - 3,905,655,219.81 48,103,473.86 Sundry Payables 63,020,834.00 -Petty cash 2,519,989.00 - 2,519,989.00 113,770.00 Bank Overdraft - -TOTAL CURRENT ASSETS 12,351,683,659.17 - 12,351,683,659.17 5,728,796,873.61 TOTAL CURRENT LIABILITIES 4,308,391,265.48 3,816,498,110.54TOTAL ASSETS 12,531,676,335.88 30,185,441.81 12,501,490,894.07 5,861,267,669.43 TOTAL OF EQUITY AND LIABILITIES 12,501,490,894.07 5,861,267,669.4286