 |
Financial Information |
 |
|
The information is retrieved from Annual Report 2009 |
|
|
Group |
Group |
| |
2009 |
2008 |
|
SGD '000 |
SGD '000 |
| |
|
|
| Revenue |
59,500 |
56,266 |
| Cost of Sales |
(45,173) |
(43,953) |
|
 |
|
| Gross Profit |
14,327 |
12,313 |
| |
|
|
| Other Items of Income |
|
|
| Interest income |
45 |
88 |
| Other credits |
215 |
98 |
| |
|
|
| Other Items of Expenses |
|
|
| Distribution cost |
(2,336) |
(2,257) |
| Administrative expense |
(5,914) |
(5,263) |
| Finance costs |
(6) |
(109) |
| Other charges |
(1) |
(1,798) |
| Share of pofit of associate (Net of tax) |
34 |
- |
|
|
|
| Profit before tax from continuing operations |
6,364 |
3,072 |
| Income tax expense |
(710) |
(647) |
|
|
|
| Profit for the year |
5,654 |
2,425 |
| |
|
|
| Other comprehesive income: |
|
|
| Exchange loss on translation of functional currency to presentation currency |
(590) |
93 |
|
|
|
| Total comprehensive income for the year |
5,064 |
2,518 |
|
|
|
| |
|
|
| Profit attributable to: |
|
|
| Owners of the parent |
5,654 |
2,425 |
| Minority Interest |
- |
- |
|
|
|
| |
5,654 |
2,425 |
|
|
|
| Total comprehensive income attributable to: |
|
|
| Owners of the parent |
5,064 |
2,518 |
| Minority Interest |
- |
- |
|
|
|
| |
5,064 |
2,518 |
|
|
|
| |
|
|
|
Group |
Group |
|
2009 |
2008 |
|
SGD '000 |
SGD '000 |
| Non-Current Assets |
|
|
| Property, Plant & Equipment |
3,662 |
3,481 |
| Goodwill |
409 |
409 |
| Investment in Subsidiaries |
- |
- |
| Investment in Associates |
2,086 |
1,297 |
| Deferred Tax Assets |
48 |
50 |
| Other Financial Assets, Non-Current |
8 |
8 |
|
|
|
| Total Non-Current Assets |
6,213 |
5,245 |
|
|
|
|
|
|
| |
|
|
| Current Assets |
|
|
| Inventories |
6,835 |
7,440 |
| Trade and Other Receivables, Current |
5,281 |
6,687 |
| Other Assets, Current |
1,079 |
831 |
| Cash and Cash Equivalents |
14,998 |
9,474 |
|
|
|
| Total Current Assets |
28,193 |
24,432 |
|
|
|
| Total Assets |
34,406 |
29,677 |
|
|
|
| |
|
|
| Equity and Liabilities |
|
|
| Equity |
|
|
| Share Capital |
6,606 |
6,606 |
| Reserves |
(107) |
483 |
| Retained earnings |
20,853 |
15,199 |
|
|
|
| Total Equity |
27,357 |
22,288 |
|
|
|
|
|
|
| |
|
|
| Non-Current Liabilities |
|
|
| Deferred Tax Liabilities |
147 |
143 |
| Finance lease, non-current |
- |
7 |
|
|
|
| Total Non-Current Liabilities |
147 |
150 |
|
|
|
|
|
|
| |
|
|
| Current Liabilities |
|
|
| Income Tax Payable |
1,347 |
913 |
| Trade and Other Payables, current |
5,553 |
4,250 |
| Other Fiancial Liablities, current |
7 |
2,076 |
|
|
|
| Total Current Liabilities |
6,907 |
7,239 |
|
|
|
| Total Liabilities |
7,054 |
7,389 |
|
|
|
|
|
|
| |
|
|
| Total Equity and Liabilities |
34,406 |
29,677 |
|
|
|
|
|
|
| |
|
|
|
Group |
Group |
|
2009 |
2008 |
|
SGD '000 |
SGD '000 |
| Cash Flows From Operating Activities |
|
|
| Profit Before Tax |
6,364 |
3,072 |
| Interest Income |
(45) |
(88) |
| Interest Expense |
6 |
109 |
| Depreciation of Property, Plant and Equipment |
829 |
832 |
| Share of profit of associates |
(34) |
- |
| Gain on Disposal of Property, Plant and Equipment |
(3) |
(6) |
|
|
|
| Operating Cash Flows before Changes in Working Capital |
7117 |
3,919 |
| Inventories |
406 |
(1,305) |
| Trade and Other Receivables |
1,227 |
(2,018) |
| Other Assets |
(270) |
(334) |
| Trade and Other Payables |
1,189 |
(1,355) |
|
|
|
| Net Cash Flows from/(Used in) Operations Before Interest and Tax |
9,669 |
(1,093) |
| Income tax paid |
(518) |
1 |
| Income tax refund |
250 |
- |
|
|
|
| Net Cash from/(used in) Operating Activities |
9,401 |
(1,092) |
| |
|
|
| Cash Flows From Investing Activities: |
|
|
| Disposal of Property, Plant and Equipment |
23 |
6 |
| Purchase of Property, Plant and Equipment |
(1,033) |
(668) |
| Disposal of asset held for sales under FRS 105 |
- |
592 |
| Investment in Associates |
(789) |
(1,244) |
| Interest Received |
45 |
88 |
|
|
|
| Net Cash Used In Investing Activities |
(1,754) |
(1,226) |
|
|
|
|
|
|
| |
|
|
| Cash Flows From Financing Activities: |
|
|
| (Decrease)/increase in borrowings |
(2,076) |
964 |
| Interest Paid |
(6) |
(109) |
|
|
|
| Net cash (Used in)/from financing activities |
(2,082) |
855 |
|
|
|
|
|
|
| Net Increase/(Decrease) In Cash and Cash Equivalents |
5,565 |
(1,463) |
| Cash and Cash Equivalents, Cash Flow Statement, Beginning Balance |
9,474 |
10,937 |
|
|
|
| Net effect of exchange rate changes on cash and cash equivalents |
(41) |
- |
|
|
|
| Cash and Cash Equivalents, Cash Flow Statement, Ending Balance |
14,998 |
9,474 |
|
|
|
|
|
|
| |
|
|
|
