Trading Update & Interim Results - Income Statement

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Income statement

 

 

 

 

For the 12 months ended 30 June 2009

       
   

2009

2008

   

£

£

Income

     

Sales

 

2,417,703

-

Negative goodwill earned on acquisition

 

187,620

-

Other income

 

132,371

-

Operating income

 

2,737,694

-

Expense

     

Impairment of investment in and loans to subsidiary

 

(2,205,882)

(30,044,000)

Administrative expenses

 

(3,478,134)

(1,656,015)

Operating expense

 

(5,684,016)

(31,700,015)

Operating loss

 

(2,946,322)

(31,700,015)

Financial expense

 

(194,133)

(220,224)

Financial income

 

15,364

22,504

   

(5,862,785)

(31,897,735)

Minority interest

 

(130,049)

 

Loss of associate company attributable to the Company for the period

 

(371,630)

(45,860)

Total expense

 

(6,364,464)

 

(Loss) for the period, before taxation

 

(3,626,770)

(31,943,595)

Corporation tax

 

-

60,116

(Loss) for the period attributable to equity shareholders of the Company

 

(3,626,770)

(31,883,479)

Loss the period on continuing operations

 

(3,967,845

(31,883,479)

Profit for the period from acquisition

 

341,075

-

 

 

(3,626,770)

(31,883,479)

(Loss) / profit per share (basic and diluted)

 

(5.1)p

(50.9)p

                   

Consolidated statement of recognised income and expense

 

 

 

 

 

 

2009

2008

 

 

 

Gain in value of investment in associate on dilution of holding

331,211

-

Revaluation of investment on cessation of associate status

1,022,645

-

Loss on translation

(4,848)

-

 

1,349,008

-

Loss for the period

(3,626,770)

(31,883,479)

Total recognised expense for the period

(2,277,762)

(31,883,479)

 

 


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