Regulatory Announcement
REG - Indian Film Co (The) - Half Yearly Report - Part 2
Released: 08/12/2009
Released: 08/12/2009
- Part 2: For the preceeding part double click [ID:nRSH7219Da]
Current assets
Trade and other receivables 12,035 9,182 15,746
Prepayments 26 26 84
Cash and cash equivalents 2,161 6,527 937
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14,222 15,735 16,767
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Total assets 64,858 59,308 71,180
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Current liabilities
Trade and other payables (4,916) (3,392) (5,095)
Secured loan (1,951) (1,235) (1,557)
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Total liabilities (6,867) (4,627) (6,652)
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Net assets 57,991 54,681 64,528
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Capital and reserves
Called-up share capital (no par value) - - -
Distributable reserve 55,508 56,156 58,631
Foreign exchange translation reserve 2,483 (1,475) 5,897
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Total equity Shareholders' funds 57,991 54,681 64,528
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Net asset value per Ordinary Share: basic and fully diluted 105.44p 99.42p 117.32p
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Condensed Consolidated Statement of Cash Flowsfor the six month period to 30 September 2009 (unaudited)
Six monthsended 30 September 2009 Six monthsended 30 September 2008 Year ended31 March2009
(unaudited) (unaudited) (audited)
P'000 P'000 P'000
Operating activities
Net (loss)/profit for the period/year (3,123) 1,414 3,889
Adjustments for:
Finance income (62) (344) (445)
Finance costs 102 66 224
Corporate income tax expense - 212 700
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Net cash (outflow)/inflow from operating activities before non-cash items and working capital changes (3,083) 1,348 4,368
Decrease/(increase) in trade and other receivables 5,426 (4,706) (9,580)
Decrease in prepayments 57 137 78
(Decrease)/increase in trade and other payables (1,470) 2,623 5,088
Amortisation of intangible assets 8,089 8,623 26,124
Intangible assets written-off 186 - -
Provision for bad debts 21 - 43
Amortisation of print costs - 39 265
Transfer of investment projects to costs of traded rights - 2,545 1,008
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Net cash inflow from operating activities before tax 9,226 10,609 27,394
Corporate income tax paid (1,165) (1,174) (3,156)
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Net cash inflow from operating activities 8,061 9,435 24,238
Investing activities
Payments for film projects and films under production (4,499) (21,111) (49,651)
Refund of advances 780 - 551
Interest received 4 354 399
Purchase of office equipment (1) - -
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Net cash outflow from investing activities (3,716) (20,757) (48,701)
Financing activities
Proceeds from borrowings 395 126 448
Interest and bank charges paid (99) (66) (183)
Payments for term deposit (3) (56) (82)
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Net cash inflow from financing activities 293 4 183
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Increase/(decrease) in cash and cash equivalents 4,638 (11,318) (24,280)
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Cash and cash equivalents at beginning of period/year 937 19,349 19,349
Increase/(decrease) in cash and cash equivalents 4,638 (11,318) (24,280)
Effect of exchange rates on cash and cash equivalents (3,414) (1,504) 5,868
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Cash and cash equivalents at end of period/year 2,161 6,527 937
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This information is provided by RNS
The company news service from the London Stock Exchange