PALS HOLDING LIMITED
(Registration Number 1987/002753/06)
Interim report for the Six months ended 31 December 2000
CONSOLIDATED INCOME STATEMENT
(Unaudited) (Unaudited) (Audited)
6 months to 6 months to 12 months
31 December 31 December to 30 June
2000 1999 2000
R'000 R'000 R'000
Turnover 28 529 26 981 51 001
Operating (loss)/profit 1 280 1 034 2 006
Net finance costs 606 505 928
Net income before taxation 674 529 1078
Taxation - - -
Earnings attributable to ordinary
shareholders 674 529 1078
Ordinary shares in issue (000's) 10 000 10 000 10 000
Earnings per share (cents) 6.7 5.3 10.8
Headline (loss) / earnings per share (cents) 6.7 5.3 10.8
Dividends per share (cents) - - 4
CONSOLIDATED BALANCE SHEET
(Unaudited) (Unaudited) (Audited)
31 December 31 December to 30 June
2000 1999 2000
R'000 R'000 R'000
Capital Employed
Shareholder's interest 12 996 12 172 12 322
Long term liabilities 2 345 1 915 1 529
15 341 14 087 13 851
Employment of capital
Fixed assets 4 083 5 402 4 254
Investments 346 340 343
Net current assets 10 912 8 345 9 254
Current asset 22 579 17 645 18 634
Less: Current liabilities 11 667 9 300 9 380
15 341 14 087 13 851
COMMENTS
A 6% increase in turnover has resulted in a 24% increase in operating profit,
compared to the six months ended December 1999.
We do not envisage a major upturn in local sales. However, the export market
continues to grow.
DIVIDEND
The Board of Directors advises that, as has been the policy in the past, no
interim dividend will be paid to shareholders.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
