32
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Notes to the financial statements are included on pages 39 to 79
Group
Parent
2012
2011
2012
2011
Note
$’000
$’000
$’000
$’000
Revenue
4
42,207
40,962
35,971
36,307
Dividend income
-
-
-
5,250
Investment income
7
4
14
3
14
Total revenue from continuing operations
42,211
40,976
35,974
41,571
Transmission charges
(5,495)
(5,624)
(5,495)
(5,624)
Total staff costs recognised as expense
(9,732)
(8,717)
(7,887)
(6,945)
Cost of inventories recognised as expense
(3,618)
(3,957)
(2,450)
(2,806)
Impairment loss recognised on trade receivables
(129)
(170)
(135)
(154)
Impairment of loss on loan to subsidiaries
-
-
(779)
-
Total staff defined contribution plan expense
(12)
(12)
(12)
-
Depreciation and amortisation
(9,764)
(8,612)
(7,904)
(7,443)
Finance costs
8
(3,220)
(3,110)
(3,220)
(3,110)
Auditors remuneration - audit fees
(140)
(114)
(90)
(68)
Auditors remuneration - other fees
(55)
(22)
(55)
(19)
Directors fees and expenses
(229)
(212)
(229)
(212)
Gain / (loss) on sale of assets
18
(28)
71
(8)
Other expenses
(483)
606
(91)
357
Total expenses from continuing activities
(32,859) (29,972) (28,276) (26,032)
Profit before tax
9,352
11,004
7,698
15,539
Income tax expense
9
(2,619)
(3,260)
(2,374)
(3,050)
Profit for the year
6,733
7,744
5,324
12,489
Profit for the year is attributable to:
Equity holders of the parent
6,727
7,744
5,324
12,489
Minority interest
6
-
-
-
Other comprehensive income
Effect on reserves balance due to change in
income tax rates
-
1,495
-
1,435
Interest rate hedging
(245)
(157)
(245)
(157)
Revaluation of network assets
48,880
-
48,880
-
Revaluation of land & buildings
457
-
457
-
Income tax relating to components of
comprehensive income
9
(13,746)
47 (13,746)
47
Other comprehensive income for the year net of tax
35,346
1,385
35,346
1,325
Total comprehensive income for the year net of tax
42,079
9,129
40,670
13,814
Total comprehensive income is attributable to:
Equity holders of the parent
42,073
9,129
40,670
13,814
Minority interest
6
-
-
-
Statement of Comprehensive Income
for the year ended 31 March 2012
32
A n n u a l R e p o r t
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