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