Greka Drilling Limited Final Results -4-
2014年6月11日 - 3:00PM
ＲＮＳを含む英国規制内ニュース （英語）
There were no potentially dilutive instrumentsare issued in 2013
and 2012. No potentially dilutive instruments have been issued
between 31 December 2013 and the date of the approval of these
financial statements.
9 TAXATION
2013 2012
US$'000 US$'000
Current tax (credit)/charge (69) 1,172
Deferred tax charge 847 453
Tax charge recognized in the income statement 778 1,625
======== ========
The reasons for the difference between the actual tax charge for
the years and the standard rate of corporation tax in the PRC
applied to the profit for the year are as follows:
2013 2012
US$'000 US$'000
Profit before income tax 1,086 3,457
================== ========
Expected tax charge based on the standard
rate of corporation tax in the PRC of
25% (2012: 25%) 271 864
Effect of:
Tax losses not recognized 429 682
Under provision of prior year 78 79
------------------ --------
Income tax charge 778 1,625
================== ========
Taxation for the Group's operations in the PRC is provided at
the applicable current tax rate of 25% on the estimated assessable
profits for the year.
10 TRADE AND OTHER RECEIVABLES
2013 2012
US$'000 US$'000
Trade receivables 1,531 636
Prepayments 867 1,200
Other receivables 833 392
Amounts due from related parties 6,283 2,788
------------------ --------
9,514 5,016
================== ========
The fair values of trade and other receivables approximate their
respective carrying amounts at the end of each reporting period due
to their short maturities. There is no allowance for impairment of
receivables.
The ageing analysis of trade receivables prepared based on
allowed credit terms that are past due but not impaired as of the
end of the reporting period is set out below. The debtors are not
considered to be impaired given post year end receipts.
2013 2012
US$'000 US$'000
Less than 60 days past due 1,531 636
======== ========
11 CASH AND BANK BALANCES
2013 2012
US$'000 US$'000
Cash and cash equivalents 3,994 2,162
Restricted bank balance* 12,083 977
-------- --------
16,077 3,139
======== ========
* The restricted bank balance represents deposits placed in
financial institutions to secure bills payable of an equivalent
amount related to trade payables of US$ 1.3m and bank loans of US$
10.7m (note 12).
12 TRADE AND OTHER PAYABLES
2013 2012
US$'000 US$'000
Trade payables 23,029 21,201
Other current liabilities 1,936 1,146
Amounts due to related parties 44 144
-------- --------
25,009 22,491
======== ========
Trade and other payables are expected to be settled within one
year. The fair values approximate their respective carrying amounts
at the end of each reporting period due to their short
maturities.
13 LOANS AND BORROWINGS
2013 2012
US$'000 US$'000
Bank loans 26,160 11,932
======== ========
The banks loans are all secured with the exception of a loan
from Mr Randeep Grewal of $164,000.
14 PUBLICATION OF NON-STATUTORY ACCOUNTS
The financial information for the years ended 31 December 2013
and 31 December 2012 set out in this announcement does not
constitute the Group's statutory financial information but is
extracted from the Company's audited financial statements for those
years. The auditors have reported on the full accounts for both
periods and their reports were unqualified and did not include
references to any matters to which the auditors drew attention by
way of emphasis without qualifying their reports.
15 ANNUAL REPORT
The Company's Annual Report and copies of this announcement will
be available in due course on the Company's website at
www.grekadrilling.com and from the office of the Company's
nominated adviser, Smith & Williamson Corporate Finance Limited
at 25 Moorgate, London EC2R 6AY, United Kingdom.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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Greka Drilling (LSE:GDL)
過去 株価チャート
から 6 2024 まで 7 2024
Greka Drilling (LSE:GDL)
過去 株価チャート
から 7 2023 まで 7 2024
