Financial Information







The information is retrieved from Annual Report 2008

Group Group
  2008 2007
SGD '000 SGD '000
     
Revenue 56,266 47,948
Cost of Sales (43,953) (38,693)
Gross Profit 12,313 9,255
 
Other Items of Income
Interest income 88 292
Other credits 98 384
 
Other Items of Expenses
Distribution Costs (2,257) (1,498)
Administrative Expenses (5,263) (4,986)
Interest expense (109) (140)
Other Charges (1,798) (339)
Profit Before Tax from Continuing Operations 3,072 2,968
Income Tax Expense (647) (159)
Profit from Continuing Operations, Net of Tax 2,425 2,809
     
Profit Attributable to Equity Holders of Parent, Net of Tax 2,425 2,809
Profit Attributable to Minority Interest, Net of Tax - -
  2,425 2,809
     
Earnings Per Share    
Earnings per Share Currency Unit Cents Cents
Basic 1.47 1.71
Diluted 1.47 1.71
     
Group Group
2008 2007
SGD '000 SGD '000
Assets
Non-Current Assets
Property, Plant & Equipment 3,481 3,645
Goodwill 409 409
Investment in Subsidiaries - -
Investment in Associate 1,297 -
Deferred Tax Assets 50 117
Other Financial Assets 8 8
Total Non-Current Assets 5,245 4,179
 
Current Assets
Assets Held for Sale under FRS105 - 592
Inventories 7,440 5,839
Trade and Other Receivables 6,687 4,965
Other Assets 831 457
Cash and Cash Equivalents 9,474 11,426
Total Current Assets 24,432 23,279
Total Assets 29,677 27,458
 
Equity and Liabilities
Equity
Share Capital 6,606 6,606
Other reserves 483 -
Retained earnings 15,199 13,164
Total Equity 22,288 19,770
 
Non-Current Liabilities
Deferred Tax Liabilities 143 102
Other Finance Liabilities 7 56
Total Non-Current Liabilities 150 158
 
Current Liabilities
Income Tax Payable 913 373
Trade and Other Payables 4,250 5,605
Other Fiancial Liablities 2,076 1,552
Total Current Liabilities 7,239 7,530
Total Liabilities 7,389 7,688
     
Total Equity and Liabilities 29,677 27,458
     
Group Group
2008 2007
SGD '000 SGD '000
Cash Flows From Operating Activities
Profit Before Tax 3,072 2,968
Interest Income (88) (292)
Interest Expense 109 140
Depreciation of Property, Plant and Equipment 832 704
Gain on Disposal of Property, Plant and Equipment (6) (11)
Operating Cash Flows before Changes in Working Capital 3,919 3,509
Inventories (1,305) (924)
Trade and Other Receivables (2,018) 1,182
Other Assets (334) 275
Trade and Other Payables (1,355) 928
Net Cash Flows (Used in) from Operations Before Interest and Tax (1,093) 4,970
Net Income Tax Refunded (Paid) 1 (390)
Net Cash Flows (Used in) from Operating Activities (1,092) 4,580
 
Cash Flows From Investing Activities:
Disposal of Property, Plant and Equipment 6 20
Purchase of Property, Plant and Equipment (668) (1,816)
Disposal of asset held for sales under FRS 105 592 -
Investment in Associate (1,244) -
Interest Received 88 292
Net Cash Flows Used In Investing Activities (1,226) (1,504)
 
Cash Flows From Financing Activities:
Decrease in Finance Leases (49) (2)
Increase (Decrease) in Borrowings 1,013 (1,947)
Interest Paid (109) (140)
Net Cash Flows From (Used in) Financing Activities 855 (2,089)
   
Net (Decrease) Increase In Cash and Cash Equivalents (1,463) 987
Cash and Cash Equivalents, Cash Flow Statement, Beginning Balance 10,737 9,750
Cash and Cash Equivalents, Cash Flow Statement, Ending Balance 9,274 10,737