Interim Reports

Investor Information

A Proven Performer.

Interim Reports may be downloaded from this site. You will require Adobe Acrobat 6.0 or later. If you do not have it you may download from the Adobe website.

March 2010
Statement Of Cash Flows
Balance Sheet
Statement of Income

September 2009
Interim Report to Shareholders

June 2009
Interim Report to Shareholders

 

 

 



INTERIM REPORTS


June 2010 - Balance Sheet Report

ST LUCIA ELECTRICITY SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT JUNE 30, 2010
 

Unaudited
June 30, 2010

 Unaudited
June 30, 2009
 Audited
Dec 31, 2009
  EC$ 000s
EC$ 000s EC$ 000s
Assets      
Non-Current
310,818 312,304 319,271
Current
88,395 69,785 88,078
TOTAL ASSETS
399,213 382,089 407,349
Equity and liabilities      
Shareholders’ equity      
Stated capital 80,163 80,163 80,163
Retained earnings 86,496 79,294 70,668
Hedging Reserve
 1,905 0 1,429
Total equity attributable to equity holders
168,564 159,457 152,260
Retirement benefit reserve 8,828 8,847 8,828
Total shareholders’ equity
177,392 168,304 161,088
Liabilities      
Non-Current
179,221 178,602 178,385
Current
42,600 35,183 67,876
Total liabilities
221,821 213,785 246,261
TOTAL EQUITY & LIABILITIES 399,213 382,089 407,349
       

June 2010 - Statement Of Cash Flows

ST LUCIA ELECTRICITY SERVICES LIMITED
STATEMENT OF CASH FLOWS
FOR THE SIX MONTHS ENDED JUNE 30, 2010
 

Unaudited
June 30, 2010

 Unaudited
June 30, 2009
 Audited
Dec 31, 2009
  EC$ 000s
EC$ 000s EC$ 000s
       
Net Cash from Operating Activities
15,932 21,962 59,256
Net Cash used in Investing Activities
 (8,314) (10,848) (33,167)
Net Cash used in Financing Activities
 (14,227) (17,093) (23,489)
Increase in Cash and Cash Equivalents
 (6,609) (5,979) 2,600
Cash and Cash Equivalents, Beginning of Period
13,444 10,843 10,844
Cash and Cash Equivalents, End of Period 6,835 4,864 13,444
       

June 2010 Income Statement

ST LUCIA ELECTRICITY SERVICES LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 2010
 

Unaudited
June 30, 2010

 Unaudited
June 30, 2009
 Audited
Dec 31, 2009
  EC$ 000s
EC$ 000s EC$ 000s
Revenue
138,296 108,722 239,805
Operating Expenses
 98,792 70,711 169,896
Gross Income
 39,504 38,011 69,908
Administrative Expenses
13,027 12,918 24,915
Operating Profit
26,477 25,093 44,993
Finance Costs
 4,254 4,359 6,915
Other (Losses)/Gains
 116 -99 636
Profit Before Taxation
 22,339 20,635 38,714
Taxation
 6,702 5,571 11,075
Net Profit for the Period from continuing operations
 15,637 15,064 27,639
Other comprehensive income:
     
Cash Flow Hedge
 667 0 1,429
Actuarial (losses)/gains on defined benefit plans
0 0 -239
Other comprehensive income for the year
667 0 1,190
Total comprehensive income for the year
 16,304 15,064 28,829
Earnings Per Share
$1.33 $1.29 $2.35