|
BALANCE SHEET
For the years ended 30th September 2009 and 2008 |
| INTANGIBLE ASSETS |
Sept-09 |
|
Sept-08 |
| Intangible assets |
|
41,545 |
|
16,564 |
| |
|
|
|
|
| TANGIBLE ASSETS |
Sept-09 |
|
Sept-08 |
| Machinery and equipment |
|
123,515 |
|
141,428 |
| Fixtures |
|
249,087 |
|
266,806 |
| Transportation equipment |
|
706,924 |
|
770,352 |
| Other assets |
|
130,606 |
|
112,133 |
| Assets in progress |
|
0 |
|
0 |
| TOTAL |
|
1,210,132 |
|
1,290,719 |
| |
|
|
|
|
| SHARES AND INVESTMENTS |
Sept-09 |
|
Sept-08 |
| Shares |
|
0 |
|
0 |
| GEA shares |
|
94,087 |
|
27,326 |
| Other investments |
|
33,749 |
|
33,749 |
| TOTAL |
|
127,836 |
|
61,075 |
| Depreciation |
|
0 |
|
0 |
| TOTAL |
|
127,836 |
|
61,075 |
| INVENTORY AND GOODS IN PROGRESS |
Sept-09 |
Sept-08 |
| Raw materials and spare parts |
3,249,720 |
3,918,228 |
| Raw materials depreciation provision |
0 |
-20,984 |
| Goods in progress |
2,336,252 |
4,084,955 |
| TOTAL |
5,585,972 |
7,982,199 |
| |
|
|
|
|
| TRADE AND OTHER DEBTORS |
|
Sept-09 |
|
Sept-08 |
| Trade debtors |
|
15,491,930 |
|
12,262,253 |
| Other debtors |
|
295,142 |
|
346,985 |
| |
|
15,787,072 |
|
12,609,238 |
| Less : allowance for doubtful accounts |
|
0 |
|
0 |
| |
|
15,787,072 |
|
12,609,238 |
| Prepaid expenses |
|
391,158 |
|
345,906 |
| TOTAL |
|
16,178,230 |
|
12,955,144 |
Download
| ASSETS |
30/09/2009 |
30/09/2008 |
| CURRENT ASSETS |
|
|
| Liquid assets |
29,653,655 |
18,910,327 |
| Accounts receivable |
15,787,072 |
12,609,238 |
| Advances to suppliers |
0 |
0 |
| Inventory |
5,585,972 |
7,982,199 |
| Prepaid expenses |
391,158 |
345,906 |
| |
|
|
| TOTAL CURRENT ASSETS |
51,417,857 |
39,847,670 |
| |
|
|
| FIXED ASSETS |
|
|
| Long term investments |
127,836 |
61,075 |
| Property, plant and equipment |
1,210,132 |
1,290,719 |
| Intangible assets |
41,545 |
16,565 |
| |
|
|
| TOTAL FIXED ASSETS |
1,379,513 |
1,368,359 |
| |
|
|
| TOTAL ASSETS |
52,797,370 |
41,216,029 |
| |
|
|
| CURRENT LIABILITIES |
|
|
| Accounts payable |
5,373,721 |
7,961,710 |
| Advances from customers |
0 |
101,511 |
| Taxes and social security payable |
7,752,698 |
5,639,302 |
| Short-term loans |
3,541 |
7,923 |
| Deferred revenue |
10,855,479 |
4,762,134 |
| |
|
|
| TOTAL CURRENT LIABILITIES |
23,985,439 |
18,472,580 |
| |
|
|
| LONG-TERM LIABILITIES |
|
|
| Long-term loans |
0 |
0 |
| Estimated liabilities |
1,476,023 |
1,338,095 |
| |
|
|
| TOTAL LONG-TERM LIABILITIES |
1,476,023 |
1,338,095 |
| |
|
|
| SHAREHOLDERS’EQUITY |
|
|
| Share capital |
2,400,000 |
2,400,000 |
| Share premium |
2,927,021 |
2,927,021 |
| Legal reserve |
240,000 |
240,000 |
| Other reserve |
0 |
0 |
| Retained earning |
14,878,332 |
13,366,131 |
| Amount carried forward |
1,193 |
1,066 |
| Net income |
6,889,362 |
2,471,136 |
| |
|
|
| TOTAL SHAREHOLDERS’ EQUITY |
27,335,908 |
21,405,354 |
| |
|
|
TOTAL LIABILITIES
AND SHAREHOLDER’S EQUITY |
52,797,370 |
41,216,029 |
|
|
|
|
