| |
INTERIM REPORTS |
| 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. |
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| September 30, 2011 - Cash Flows | Balance Sheet | Income Statement |
| September 30, 2010 - Cash Flows | Balance Sheet | Income Statement |
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| |
| STATEMENT OF CASH FLOWS |
| FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2011 |
| |
Unaudited
Sept 30,
2011 |
Unaudited
Sept 30,
2010 |
Audited
Dec 31,
2010 |
| |
EC$ 000s |
EC$ 000s |
EC$ 000s |
| Net Cash from Operating Activities |
7,419 |
33,075 |
48,941 |
| Net Cash used in Investing Activities |
(24,632) |
(14,542) |
(13,554) |
| Net Cash used in Financing Activities |
(16,601) |
(21,508) |
(28,950) |
| Increase in Cash and Cash Equivalents |
(33,814) |
(2,975) |
6,437 |
| Cash and Cash Equivalents, Beginning of Period |
19,882 |
13,444 |
13,444 |
| Cash and Cash Equivalents, End of Period |
(13,932) |
10,469 |
19,881 |
|
| |
| |
STATEMENT OF FINANCIAL POSITION |
AS AT SEPTEMBER 30, 2011 |
| |
Unaudited
Sept 30,
2011 |
Unaudited
Sept 30,
2010 |
Audited
Dec 31,
2010 |
| |
EC$ 000s |
EC$ 000s |
EC$ 000s |
| Assets |
|
|
|
| Non-Current |
297,570 |
308,378 |
299,058 |
| Current |
119,520 |
91,359 |
99,650 |
| TOTAL ASSETS |
417,090 |
399,737 |
398,708 |
| |
|
|
|
| Equity and liabilities |
|
|
|
| Shareholders’ equity |
|
|
|
| Stated capital |
80,163 |
80,163 |
80,163 |
| Retained earnings |
96,889 |
86,761 |
76,970 |
| Hedging Reserve |
0 |
1,429 |
0 |
| Total equity attributable to equity holders |
177,052 |
168,353 |
157,133 |
| Retirement benefit reserve |
9,017 |
8,828 |
9,017 |
| Total shareholders’ equity |
186,069 |
177,181 |
166,150 |
| |
|
|
|
| Liabilities |
|
|
|
| Non-Current |
165,105 |
179,779 |
163,762 |
| Current |
65,916 |
42,777 |
68,796 |
| TOTAL LIABILITIES |
231,021 |
222,556 |
232,558 |
| TOTAL EQUITY & LIABILITIES |
417,090 |
399,737 |
398,708 |
| |
|
|
|
| |
|
|
|
|
STATEMENT OF COMPREHENSIVE INCOME |
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2011 |
| |
Unaudited
Sept 30,
2011
EC$000s |
Unaudited
Sept 30,
2010
EC$000s |
Audited
Dec 31
2010
EC$000s |
| Revenue |
235,536 |
210,117 |
276,270 |
| Operating Expenses |
181,491 |
151,469 |
202,102 |
| |
|
|
|
| Gross Income |
54,045 |
58,648 |
74,167 |
| |
|
|
|
| Administrative Expenses |
(19,958) |
(19,619) |
(26,488) |
| Operating Profit |
34,087 |
39,029 |
47,679 |
| Finance Costs |
(6,439) |
(6,371) |
(7,618) |
| Other (Losses)/Gains |
17 |
136 |
296 |
| Profit Before Taxation |
27,665 |
32,794 |
40,357 |
| Taxation |
(7,746) |
(9,838) |
(11,138) |
| |
|
|
|
| Net Profit for the Period from continuing operations |
19,919 |
22,956 |
29,219 |
| |
|
|
|
| Other comprehensive income: |
|
|
|
| |
|
|
|
| Cash Flow Hedge |
0 |
1,429 |
0 |
| |
|
|
|
| Actuarial (losses)/gains on defined benefit plans |
0 |
0 |
(178) |
| |
|
|
|
| Other comprehensive income for the year |
0 |
1,429 |
(178) |
| |
|
|
|
| Total comprehensive income for the year |
19,919 |
24,385 |
29,041 |
| |
|
|
|
| Earnings Per Share |
$ 1.70 |
$ 1.96 |
$ 2.49 |
| |
|
|
|
| STATEMENT OF CASH FLOWS |
|
| FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2010 |
|
|
|
|
|
|
Unaudited
Sept 30,
2010 |
Unaudited
Sept 30,
2009 |
Audited
Dec 31,
2009 |
|
EC$ 000s |
EC$ 000s |
EC$ 000s |
|
|
|
|
| Net Cash from Operating Activities |
33,076 |
34,958 |
59,256 |
| Net Cash used in Investing Activities |
(14,543) |
(19,493) |
(33,167) |
| Net Cash used in Financing Activities |
(21,507) |
(17,867) |
(23,489) |
| Increase in Cash and Cash Equivalents |
(2,974) |
(2,402) |
2,600 |
| Cash and Cash Equivalents, Beginning of Period |
13,444 |
10,843 |
10,844 |
| Cash and Cash Equivalents, End of Period |
10,470 |
8,441 |
13,444 |
|
| Download PDF - September 2010 Statement Of Cash Flows |
| |
| STATEMENT OF FINANCIAL POSITION |
| AS AT SEPTEMBER 30, 2010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited
Sept 30,
2010 |
Unaudited
Sept 30,
2009 |
Audited
Dec 31,
2009 |
|
|
|
|
EC$ 000s |
EC$ 000s |
EC$ 000s |
| Assets |
|
|
|
|
|
|
| Non-Current |
|
|
308,378 |
313,128 |
319,271 |
| Current |
|
|
|
91,358 |
76,566 |
88,833 |
| TOTAL ASSETS |
|
|
399,736 |
389,694 |
408,104 |
|
|
|
|
|
|
|
| Equity and liabilities |
|
|
|
|
|
| Shareholders’ equity |
|
|
|
|
|
| Stated capital |
|
|
80,163 |
80,163 |
80,163 |
| Retained earnings |
|
|
86,761 |
80,201 |
71,423 |
| Hedging Reserve |
|
|
1,429 |
(702) |
1,429 |
| Total equity attributable to equity holders |
|
168,353 |
159,662 |
153,015 |
| Retirement benefit reserve |
|
|
8,828 |
8,847 |
8,828 |
| Total shareholders’ equity |
|
|
177,181 |
168,509 |
161,843 |
|
|
|
|
|
|
|
| Liabilities |
|
|
|
|
|
| Non-Current |
|
|
179,779 |
179,168 |
178,385 |
| Current |
|
|
|
42,776 |
42,017 |
67,876 |
| Total liabilities |
|
|
222,555 |
221,185 |
246,261 |
|
|
|
|
|
|
|
| TOTAL EQUITY & LIABILITIES |
|
|
399,736 |
389,694 |
408,104 |
|
| Download PDF - September 2010 Balance Sheet Report |
| |
| STATEMENT OF COMPREHENSIVE INCOME |
| FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2010 |
| |
Unaudited
Sept 30,
2010
EC$000s |
Unaudited
Sept 30,
2009
EC$000s |
Audited
Sept 31
2009
EC$000s |
| Revenue |
210,117 |
173,210 |
239,805 |
| Operating Expenses |
98,792 |
70,711 |
169,896 |
| Gross Income |
58,648 |
56,247 |
69,908 |
| Administrative Expenses |
19,619 |
17,394 |
24,915 |
| Operating Profit |
39,029 |
38,853 |
44,993 |
| Finance Costs |
6,370 |
6,450 |
6,915 |
| Other (Losses)/Gains |
136 |
(89) |
636 |
| Profit Before Taxation |
32,795 |
32,314 |
38,714 |
| Taxation |
9,838 |
8,724 |
11,075 |
| Net Profit for the Period from continuing operations |
22,957 |
23,590 |
27,639 |
| |
|
|
|
| Other comprehensive income: |
|
|
|
| Cash Flow Hedge |
1,429 |
(702) |
1,429 |
| Actuarial (losses)/gains on defined benefit plans |
0 |
0 |
(239) |
| |
|
|
|
| Other comprehensive income for the year |
1,429 |
(702) |
1,190 |
| Total comprehensive income for the year |
24,386 |
22,888 |
28,829 |
| Earnings Per Share |
$ 1.96 |
$ 2.01 |
$ 2.35 |
|
|
| Download PDF - September 2010 Income Statement |
| |
| ARCHIVES (PDF) |
| |
| June 2010 |
| June 2010 Statement Of Cash Flows |
| June 2010 Balance Sheet Report |
| June 2010 Income Statement |
| |
| March 2010 |
| March 2010 Statement Of Cash Flows |
| March 2010 Balance Sheet Report |
| March 2010 Income Statement |
| |
| September 2009 |
| September 2009
Third Quarter Report |
| June 2009
Half Year Report |
| |
| September 2008 |
| September 2008 Statement of Cash Flows |
| September 2008 Balance Sheet Report |
| September 2008 Income Statement |
September 2008 Financial Highlights & Sales Graphs |
| Interests Of Directors Report |
| |
| June 2008 |
| June 2008 Half Year Cash Flow Report |
| June 2008 Balance Sheet Report |
| June 2008 Income Statement |
| |
| June 2005 |
| June 2005
Half Year Report |
| June 2005 balance
Sheet |
| Interim
Report to Shareholders |
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Tel: (758) 457-4400 |
Fax: (758) 457-4409 |
Administrative Offices:
Mon to Fri 8 a.m. to 4 p.m. |
|
| Company's Legal Representative |
McNamara and Company
20 Micoud Street
Castries, St. Lucia |
| Primary Bankers |
Bank of St. Lucia Limited
Bridge Street, Castries, St. Lucia
FirstCaribbean International Bank
Bridge Street, Castries, St. Lucia |
| Auditors |
KPMG –
Chartered Accountants
Morgan Building, L’Anse Road
P.O. Box 1101
Castries, St. Lucia |
| Customer
Tip |
"Don't turn fluorescent lights on and off too frequently You will soon need a new bulb. Fluorescent lights are very efficient and do not consume much electricity."
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