Interim Results for the six months ended

31 March 1997


Consolidated Balance Sheet

  Half year ended Year ended
£000 31 March 1997 31 March 1996 30 September 1996
       
FIXED ASSETS      
Tangible assets 6,797 5,687 6,074
       
CURRENT ASSETS      
- Stocks 5,210 6,491 5,636
- Debtors 24,086 18,267 19,092
- Cash at bank and in hand 13,651 9,798 13,503
  42,947 34,556 38,231
       
CREDITORS      
Amounts falling due within one year (26,004) (21,342) (22,389)
       
NET CURRENT ASSETS 16,943 13,214 15,842
       
TOTAL ASSETS LESS CURRENT LIABILITIES 23,740 18,901 21,916
       
CREDITORS      
Amounts falling due after more than one year (3,045) (1,540) (1,965)
       
PROVISION FOR LIABILITIES AND CHARGES (106) (119) (106)
       
NET ASSETS 20,589 17,242 19,845
       
CAPITAL AND RESERVES      
Called-up share capital 1,782 1,775 1,779
Other reserve - 600 -
Share premium account 4,971 4,920 4,948
Profit and loss account 13,836 9,947 13,118
  20,589 17,242 19,845



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