New Mill House


FY97 pages

FY 97 Highlights

Chairman's Statement

Consolidated Profit and Loss Account

Consolidated Balance Sheet

Consolidated Cash Flow Statement

Notes to the Financial Statements

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Results for the Year Ended
30 September 1997

Notes to the Accounts


1. Report and Accounts 1997

The financial information set out in this preliminary results announcement does not constitute the Company’s statutory accounts for the years ended 30th September, 1997 or 30th September, 1996 but is derived from those accounts. Statutory accounts for 1995/1996 contained an unqualified audit report and have been delivered to the Registrar of Companies. The statutory accounts for 1996/1997 will be posted shortly, and delivered to the Registrar of Companies following the Company’s Annual General Meeting to be held on 28th January, 1998.

2. Earnings per share

Basic earnings per ordinary share for the year ended 30th September, 1997 is based on 17,852,021 ordinary shares, being the weighted average number of ordinary shares in issue during the year. The fully diluted earnings per ordinary share for the year ended 30th September, 1997 takes account of share options in issue and is based on a weighted average of 18,820,757 ordinary shares issued and issuable.

3. Dividends per share

The Directors have recommended the payment of a final dividend of 7.2p (net) bringing the total dividend for the year to 9.5p (net) per share. The final dividend is payable on 3rd February, 1998 to shareholders on the register on 5th December, 1997.

4. Net cash flow from operating activities

£000 year ended: 1997 1996
Operating profit 7,254 6,352
Depreciation charge 2,342 1,965
Loss/(Profit) on sale of fixed assets 131 (47)
Amortisation of intangible fixed assets 51 -
(Increase)/Decrease in stock (331) 1,219
Increase in debtors (8,489) (2,504)
Increase in creditors 8,604 1,288
Net cash inflow from operating activities 9,562 8,273

Press Releases

* Chairman's Statement
* Consolidated Profit and Loss Account
* Consolidated Balance Sheet
* Consolidated Cash Flow Statement

Copies of the Annual Report and Accounts may be obtained after the posting date from the registered office of the Company at:

New Mill House, 183 Milton Park
Abingdon, Oxfordshire, OX14 4SE

 

Copyright © 1997 RM plc
New Mill House
183 Milton Park
Abingdon
Oxfordshire OX14 4SE
Telephone: 01235 826000 Fax: 01235 826999

These pages are maintained by marketing, they were last updated on 24/11/97.