Blue Island PLC

BLUE ISLAND PLC CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME For the year ended 31 December 2012

	2012	2011
	€	€
Turnover	14.646.636	15.450.831
Cost of sales	(8.926.843)	(9.793.804)
Gross profit	5.719.793	5.657.027
Other income	163.094	179.863
	5.882.887	5.836.890
Selling and distribution expenses	(4.083.755)	(3.628.842)
Administrative expenses	(1.181.621)	(1.137.241)
	617.511	1.070.807
Other operating expenses	(31.284)	(214.950)
Finance income	36.826	316
Finance costs	(169.352)	(159.711)
Profit before tax	453.701	696.462
Tax	(51.080)	(124.924)
Net profit for the year	402.621	571.538

Other comprehensive income	-	-
Total comprehensive income for the year	402.621	571.538

Basic earnings per share (cent)	2,61	3,70
Fully diluted earnings per share (cent)	2,61	3,70

	2012	2011
	€	€
ASSETS
Non-current assets
Property, plant and equipment	7.398.133	7.280.913
Biological assets	288.758	286.358
Intangible assets	1.026.754	1.050.812
	8.713.645	8.618.083
Current assets
Inventories	7.386.596	6.248.106
Trade and other receivables	984.808	1.340.530
Refundable taxes	132.460	48.240
Cash at bank and in hand	847.895	919.489
	9.351.759	8.556.365
Total assets	18.065.404	17.174.448
EQUITY AND LIABILITIES
Equity
Share capital	2.624.430	2.624.430
Reserves	9.499.805	9.282.437
	12.124.235	11.906.867
Non-current liabilities
Borrowings	936.285	1.219.124
Deferred tax liabilities	280.235	276.904
	1.216.520	1.496.028
Current liabilities
Trade and other payables	2.800.869	2.963.816
Borrowings	1.923.780	807.737
	4.724.649	3.771.553
Total equity and liabilities	18.065.404	17.174.448