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SQE - Square One - Unaudited results for the year ended 31 December 2009

Release Date: 15/04/2010 17:49
Code(s): SQE
 
Wrap Text

SQE - Square One - Unaudited results for the year ended 31 December 2009 Square One Solutions Group Limited (Incorporated in the Republic of South Africa) (Registration number 1999/026822/06) Share code: SQE ISIN: ZAE00023768 ("Square One" or "the company") Unaudited results for the year ended 31 December 2009 The unaudited results of Square One Solutions Group for the year ended 31 December 2009 are set out below. Balance Sheets Figures in Rand 31 December 30 June 2009 31 December 2009 R `000 2008
R `000 R `000 ASSETS NonCurrent Assets 75 066 46 083 47 460 Fixed Assets 4 370 5 916 7 482 Intangible assets 54 768 31 302 31 156 Deferred Tax 15 928 8 865 8 822 Current Assets 28 529 81 275 71 536 Inventory 12 155 15 510 14 525 Trade and other receivables 15 542 65 124 56 994 Cash and cash equivalents 832 634 10 Taxation - 7 7 Total Assets 103 595 127 358 118 996 EQUITY AND LIABILITIES Equity and reserves 15 543 38 372 38 483 Share capital 31 268 31 268 31 268 Retained income (15 725) 7 104 7 215
NonCurrent Liabilities 63 111 24 814 15 444 Long term liabilities 63 111 24 814 15 444 Current Liabilities 24 941 64 172 65 069 Current portion of long term 1 080 1 284 1 752 liabilities Current tax payable 106 - - Trade and other payables 22 467 61 931 60 134 Provisions 1 288 957 1 214 Bank overdraft - - 1 969 Total Equity and Liabilities 103 595 127 358 118 996 Net asset value per share (cents) 35.0 86.4 86.7 Net tangible asset value per share -88.4 15.9 16.5 (cents) Number of shares in issue at period 44 394 44 394 44 394 end (`000)
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