Interim Results
10 12월 2010 - 9:12PM
UK Regulatory
TIDMSHLP
RNS Number : 7558X
Shellproof Limited
10 December 2010
Shellproof Limited announces unaudited interim results for the six months ended
30 September 2010
Belize City, Belize, December 10 2010 - Shellproof Limited (London-AIM: SHLP)
("Shellproof" or the "Company") reported net profit of GBP53,000 for the six
months ended 30 September 2010 (2009 - GBP50,000). Basic and diluted earnings per
ordinary share for the six months ended 30 September 2010 amounted to 0.66 pence
(2009 - 0.63 pence).
The Company continues its search for investment opportunities in line with its
stated strategy which includes possible investment in either one or more quoted
or unquoted businesses that may have been set up by entrepreneurs with good
strategic plans and need financial backing and the support of the experienced
Shellproof management team.
Further details are set out in the Company's AIM Admission document dated 25
April 2008 and on the Company's web site.
For further information contact:
Shellproof Limited
Belize +501 223 5989
UK +44 (0)20 7248 6700
Note: This and other press releases are available at the Company's web site:
http://www.Shellprooflimited.com.
+----------------------------------+----------------+----------------+
| Shellproof Limited | | |
+----------------------------------+----------------+----------------+
| Summarised income statement | | |
+----------------------------------+----------------+----------------+
| Six months ended 30 September | 2010 | 2009 |
+----------------------------------+----------------+----------------+
| | GBP000 | GBP000 |
+----------------------------------+----------------+----------------+
| Interest income | 84 | 84 |
+----------------------------------+----------------+----------------+
| Administrative expenses | (31) | (34) |
+----------------------------------+----------------+----------------+
| | | |
+----------------------------------+----------------+----------------+
| Net profit before and after | 53 | 50 |
| taxation | | |
+----------------------------------+----------------+----------------+
| Earnings per ordinary share | 0.66 | 0.63 |
| (basic and diluted) (in pence) | | |
+----------------------------------+----------------+----------------+
+----------------------------------+----------------+----------------+
| Shellproof Limited | | |
+----------------------------------+----------------+----------------+
| Summarised balance sheet | 30 September | 31 March 2010 |
| (unaudited) | 2010 | |
+----------------------------------+----------------+----------------+
| | GBP000 | GBP000 |
+----------------------------------+----------------+----------------+
| Current assets | | |
+----------------------------------+----------------+----------------+
| Cash and cash equivalents | 4,228 | 4,156 |
+----------------------------------+----------------+----------------+
| Other receivables | 6 | 19 |
+----------------------------------+----------------+----------------+
| Total assets | 4,234 | 4,175 |
+----------------------------------+----------------+----------------+
| Current liabilities | | |
+----------------------------------+----------------+----------------+
| Other payables | (23) | (17) |
+----------------------------------+----------------+----------------+
| Net assets | 4,211 | 4,158 |
+----------------------------------+----------------+----------------+
| | | |
+----------------------------------+----------------+----------------+
| Shareholders' equity | | |
+----------------------------------+----------------+----------------+
| Share capital | 4,000 | 4,000 |
+----------------------------------+----------------+----------------+
| Retained earnings | 211 | 158 |
+----------------------------------+----------------+----------------+
| Total shareholders' equity | 4,211 | 4,158 |
+----------------------------------+----------------+----------------+
| | | |
+----------------------------------+----------------+----------------+
| Shellproof Limited | | |
+----------------------------------+----------------+----------------+
| Summarised statement of cash | | |
| flows | | |
+----------------------------------+----------------+----------------+
| Six months ended 30 September | 2010 | 2009 |
+----------------------------------+----------------+----------------+
| | GBP000 | GBP000 |
+----------------------------------+----------------+----------------+
| | | |
+----------------------------------+----------------+----------------+
| Net cash generated from | 72 | 46 |
| operating activities | | |
+----------------------------------+----------------+----------------+
| Net increase in cash for the | 72 | 46 |
| period | | |
+----------------------------------+----------------+----------------+
| Cash at beginning of period | 4,156 | 4,077 |
+----------------------------------+----------------+----------------+
| Cash at end of period | 4,228 | 4,123 |
+----------------------------------+----------------+----------------+
-ENDS-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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