Interim Results
2005年11月17日 - 5:18PM
ＲＮＳを含む英国規制内ニュース （英語）
PNC Telecom PLC (the "Company")
CHAIRMAN'S STATEMENT
Interim accounts for the six months ended 30 September 2005
CHAIRMAN'S STATEMENT
FINANCIAL RESULTS
The unaudited results for the six month period ended 30 September 2005 show
that your Company generated a profit before tax of �228,608 on a turnover of �
6,453,272 (2004: Loss of �559,000). The Directors do not recommend the payment
of a dividend.
As stated in previous announcements, the Company only began actively trading in
June 2005, half way through the six month period.
Future Development
Your Board is purchasing Sim4Travel Limited, a telco service provider, for a
consideration to be satisfied by the issuance of new ordinary shares. This
telco service provider allows its customers to make and receive mobile calls
and text messages whilst abroad at a fraction of the costs charged by the UK
networks. The Board believes that this will constitute an important development
of its business and a separate announcement concerning this acquisition is
being made today.
The Directors are pleased to report that the trading in the second half is so
far following the pattern of the first half.
In the six weeks to 28 October 2005 the Company's unaudited management records
show that sales amounted to GBP 4.885 million which generated a gross profit in
excess of GBP 215,000, up approx 32% on the previous six week period.
L E V KNIFTON
Chairman
PNC Telecom PLC
Profit & Loss Account
for the six months ended 30 September 2005
Unaudited Unaudited Audited
6 months ended 6 months ended year ended
30 September 30 September 31 March
2005 2004
2005
Note �'000 �'000 �'000
Turnover 6,453 - -
Cost of sales (6,088) - -
*** *** ***
Gross profit 365 - -
Administration Expenses (203) (564) (465)
Other operating income 54 - -
*** *** ***
Operating profit/(loss) 216 (564) (465)
Other interest receivable and 13 5 7
similar income
*** *** ***
Profit/(Loss) on ordinary 229 (559) (458)
activities before taxation
Tax credit on loss on - - -
ordinary activities
*** *** ***
Profit/(Loss) on ordinary 229 (559) (458)
activities after taxation
Dividends - - -
*** *** ***
Retained profit/(loss) for �229 �(559) �(458)
the period
_____ _____ _____
Earnings per ordinary share - 2 0.29p (1.16p) (0.95p)
basic
_____ _____ _____
Earnings per ordinary share - 0.06p (1.16p) (0.95p)
diluted
_____ _____ _____
There were no recognised gains or losses other than those recognised in the
profit and loss account above.
PNC TELECOM PLC
Balance Sheet
as at 30 September 2005
Unaudited Unaudited Audited
As at As at As at
30 September 30 September 31 March
2005 2004
2005
Note �'000 �'000 �'000
FIXED ASSETS
Tangible Assets 363 - -
*** *** ***
CURRENT ASSETS
Stock 24 - -
Debtors 1,523 24 45
Cash at bank and in hand 1,960 118 259
*** *** ***
3,507 142 304
Creditors: amounts falling (2,677) (85) (146)
due within
*** *** ***
one year
Net current assets 830 57 158
*** *** ***
Total assets less current 1,193 57 158
liabilities
Creditors: amounts falling
due after more than one year
Hire purchase contracts (186) - -
Convertible Loan Notes (525) - -
*** *** ***
NET ASSETS �482 �57 �158
_____ _____ _____
CAPITAL AND RESERVES
Called up share capital 3 2,499 2,404 2,404
Share premium account 48,033 48,033 48,033
Profit and loss account (50,050) (50,380) (50,279)
*** *** ***
Equity Shareholders' Funds �482 �57 �158
_____ _____ _____
PNC TELECOM PLC
Cash Flow Statement
for the six months ended 30 September 2005
Unaudited Unaudited Audited
6 months ended 6 months ended Year ended
30 September 30 September 31 March
2004
2005 2005
Note �'000 �'000 �'000
Cash inflow/(outflow) from 4 1,152 (631) (492)
operating activities
Returns on investments and 13 5 7
servicing of finance
Taxation - - -
Capital expenditure: Purchase (1) - -
of fixed assets
Financing: (83) - -
Hire purchase 620 - -
Issue of convertible Loan
Notes
*** *** **
Cash increase/(decrease) in �1,701 �(626) �(485)
the period
_____ _____ ____
Reconciliation of net cash flow to movement in net funds
Unaudited Unaudited Audited
6 months ended 6 months ended Year ended
30 September 30 September 31 March
2004
2005 2005
Note �'000 �'000 �'000
Increase/(decrease) in cash 1,701 (626) (485)
in
the period
Increase in lease finance (279) - -
Increase in convertible loan (525) - -
notes
Net funds/(debt) at start of 259 744 744
the period
*** *** ***
Net funds at end of period �1,156 �118 �259
_____ _____ _____
Consisting of :-
Cash at bank 1,960 118 259
Hire purchase creditors (279) - -
Convertible loan notes (525) - -
*** *** ***
Net funds �1,156 �118 �259
___________ ____
PNC TELECOM PLC
Reconciliation of movement in Shareholders' Funds
for the six months ended 30 September 2005
Unaudited Unaudited Audited
6 months ended 6 months ended Year ended
30 September 30 September 31 March
2004
2005 2005
Note �'000 �'000 �'000
Retained profit/(loss) for 229 (559) (458)
the period
Increase in equity 95 - -
Opening shareholders' funds 158 616 616
*** *** ***
Closing shareholders' funds �482 �57 �158
_____ _____ _____
PNC TELECOM PLC
NOTES TO THE INTERIM REPORT
1. Accounting Policies
Basis of preparation
The interim report has been prepared using accounting policies consistent with
those set out in the Company's Annual Report and Accounts for the year ended 31
March 2005.
The financial statements and the Annual Report and Accounts for the year ended
31 March 2005 were prepared on a going concern basis.
The interim report for the six months to 30 September 2005 was approved by the
Board on [ 16 November 2005.
2. Earnings/Loss per Share
6 months 6 months Year
ended ended ended
30 September 30 September 31 March
2004
2005 2005
Pence Pence Pence
Earnings per ordinary share - 0.29 (1.16p) (0.95p)
basic
**** **** ****
Earnings per ordinary share - 0.06 (1.16p) (0.95p)
diluted
**** **** ****
Loss per ordinary share is based on the profit for the financial period of �
229,000 (March 2005 - Loss �458,000 and September 2004 - Loss �559,000).
The weighted average number of shares used in the calculation is - basic
78,767,001 and diluted 370,819,672 (March 2005 - basic and diluted 48,084,000
and September 2004 - basic and diluted 48,084,000)
L.E. V Knifton and J.W. Case have been issued warrants over 5,000,000 ordinary
shares each at an exercise price of 0.1p
3. Called up Share Capital
The issued share capital as at 31 March 2005, per the audited accounts, was
48,084,000 ordinary shares of 0.1p and 48,084,000 deferred shares of 4.9p each.
Since then, 95,000,000 Ordinary Shares of 0.1p each were issued at par on
conversion of loan notes.
PNC TELECOM PLC
NOTES TO THE INTERIM REPORT
continued
4. Reconciliation of operating loss to net cash outflow from operating
activities
Unaudited Unaudited Unaudited
6 months ended 6 months ended Year ended
30 September 30 September 31 March
2004
2005 2005
�'000 �'000 �'000
Operating profit 216 (564) (465)
Stock (24) - -
Debtors (1,478) (24) (45)
Creditors 2,438 (43) 18
*** *** ***
Net cash inflow/(outflow) �1,152 �(631) �(492)
from
_____ _____ _____
operating activities
5. The information for the year ended 31 March 2005 has been extracted from the
audited accounts for that period which have been delivered to the Registrar of
Companies and received a qualified audit opinion. The unaudited results for the
six months have been prepared on a basis consistent with the accounting
policies disclosed in the Company's 2005 accounts and do not constitute
statutory accounts within the meaning of Section 240 of the Companies Act 1985.
6. Copies of this interim statement are available from the Company at its
registered office at Finsgate, 5-7 Cranwood Street, London, EC1V 9EE.
For further information:
PNC Telecom Plc
Leo Knifton Tel: +44 (0) 207 251 3762
Beaumont Cornish Limited
Nominated Adviser Tel: +44 (0) 207 628 3396
Roland Cornish
8
END
Pnc Telecom (see LSE:TRIC) (LSE:PTC)
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Pnc Telecom (see LSE:TRIC) (LSE:PTC)
過去 株価チャート
から 1 2024 まで 1 2025
