The Directors have pleasure in submitting to the shareholders their report and the financial statements for the year ended 31 December 2009. The following are the salient statistics contained in the full report:

Key Statistics

2009

2008

  • Sales ($’000)

154,169

177,486

  • Gross profit ($’000)

42,371

49,526

  • Profit before interest & taxes ($,000)

19,126

17,222

  • Acid test ratio (Times)

0.95

1.26

  • Return on equity

8%

26%

  • EBITDA ($’000)

28,682

26,419

  • Total assets ($’000)

274,711

178,977

  • Earnings per share (Cents)

1.19

1.01

  • Return on assets

4.4%

5.7%

  • Net profit ($’000)

11,920

10,143

  • Equity ($’000)

158,273

39,573

  • Current assets ($’000)

36,500

53,579

  • Inventory ($’000)

3,506

3,443

  • Current liabilities ($’000)

34,847

39,786

The full annual report is available in PDF and iPaper formats from our investor relations website, or through the links below:

2009 Annual report.pdf

Thank you,