BALANCE SHEET KITE LTD

2012 2011
Revenue 115,554 95,766
Cost of Sales (100,444) (80,632)
Gross Profit 15,110 15,134
Distribution Cost (724) (324)
Administrative Expense (12,348) (10,894)
Operation Profit 2,038 3,916
Finance Costs (1,182) (1,048)
Finance Income 314 76
Profit for the year continuing operations 1,170 2,944
Income Tax Expense - -
Profit for The Year 1,170 2,944
BALANCE SHEET KITE LTD

2012 2011
Non-current Assets
Tangible Assets 42,200 29,522
Total Non-current Assets 42,200 29,522
Current Assets
Inventories 5,702 4,144
Trade and Other Receivables 18,202 16,634
Cash and Cash Equivalents 4 12
Total Current Assets 23,908 20,790
Total Assets 66,108 50,312
Current Liabilities 23,274 14,380
Non-current Liabilities
Borrowings and Finance Leases 6,000 -
Provisions 1,356 1,508
Accruals and Deferred Income 1,264 1,380
Total Non-current Liabilities 8,620 2,888
Total Liabilities 31,894 17,268
Net Assets 34,214 33,044
Equity
Share Capital 22,714 22,714
Retained Earnings 11,500 10,330
Total Equity 34,214 33,044