Ocean Sky International Limited - Ocean Sky International Ltd ...
Ocean Sky International Limited - Ocean Sky International Ltd ...
Ocean Sky International Limited - Ocean Sky International Ltd ...
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STATEMENTS OF ADJUSTMENTS<br />
31 December 2000<br />
Balance sheet<br />
Adjustments<br />
Audited arising from Adjusted<br />
consolidated deconsolidation consolidated<br />
financial of a subsidiary financial<br />
statements (Note A) statements<br />
$’000 $’000 $’000<br />
Non-current assets 16,750 (488) 16,262<br />
Current assets 31,237 (29) 31,208<br />
Current liabilities (30,828) 516 (30,312)<br />
Non-current liabilities (6,235) — (6,235)<br />
Total assets 10,924 10,923<br />
Share capital 200 — 200<br />
Foreign currency translation reserve (10) — (10)<br />
Retained profits 10,713 (1) 10,712<br />
Minority interest 21 — 21<br />
Profit and loss account<br />
10,924 10,923<br />
Revenue 104,645 — 104,645<br />
Cost of sales (82,289) — (82,289)<br />
Gross profit 22,356 22,356<br />
Other operating income 216 (42) 174<br />
Distribution costs (3,088) — (3,088)<br />
Administrative and other operating expenses (11,049) 41 (11,008)<br />
Profit from operations 8,435 8,434<br />
Finance costs (1,494) — (1,494)<br />
Share of results of associated company (7) — (7)<br />
Profit before taxation 6,934 6,933<br />
Taxation (1,348) — (1,348)<br />
Profit after taxation 5,586 — 5,585<br />
Minority interest 25 25<br />
Profit attributable to shareholders 5,611 (1) 5,610<br />
104