Annual Report 2000-2004

Consolidated Profit and Loss Account
for the year ended Dec 31, 2004

Continuing
Operations
2004

Continuing
Operations
2003

£000 £000
Turnover   32,808 31,956
Cost of Sales (inc exceptional costs Nil - 2003: £240,000)   (25,264) (25,141)
Gross Profit   7,544   6,815
Distribution Costs   (236) (247)
Administrative Expenses (inc exceptional costs Nil - 2003: £332,000)   (4,746) (4,856)
Operating Profit   2,562   1,712
Interest payable and similar charges   (531) (471)
Profit on ordinary activities before taxation   2,031   1,241
Taxation on ordinary activities   (656) (379)
Profit for the financial year   1,375   862
Dividends paid and proposed   (1,071) (1,077)
Retained Profit/(Loss) for the Financial Year   304   (215)
Earnings per ordinary share    
Basic and diluted   5.7p   3.6p
Before exceptional items    
Basic and diluted   5.7p   5.3p

Notes