REG - Matchtech Group PLC - Half Yearly Report - Part 2

Released : 08/04/10 06:00

- Part 2: For the preceeding part double click [ID:nRSH8489Ja]
unaudited                        
   Profits                                                    £'000                   £'000               £'000        
                                                                                                                       
   Profit for the period                                      3,162                   4,420               7,990        
                                                                                                                       
   Number of Shares                                                        000's                   000's               000's  
                                                                                                                       
   Weighted average number of ordinary shares in issue        23,290                  23,231              23,244       
   Effect of dilutive potential ordinary shares under option  459                     1,184               14           
                                                              23,749                  24,415              23,258       
                                                                                                                       
   Earnings per Share                                         pence                   pence               pence        
                                                                                                                       
   Earnings per ordinary share from continuing operations                                                              
                                                              - Basic      13.58                   19.03               34.37  
                                                                           - Diluted  13.31               18.10               34.35  
 
 
- Basic 
 
13.58 
 
19.03 
 
34.37 
 
- Diluted 
 
13.31 
 
18.10 
 
34.35 
 
6        SHARE CAPITAL 
 
   Authorised share capital                  31/01/2010    31/01/2009    31/07/2009  
                                             £'000         £'000         £'000       
                                                                                     
   40,000,000 Ordinary shares of £0.01 each  400           400           400         
                                                                                     
                                                                                     
   Allotted, called up and fully paid        31/01/2010    31/01/2009    31/07/2009  
                                             £'000         £'000         £'000       
                                                                                     
   Ordinary shares of £0.01 each             232           232           232         
 
 
Ordinary shares of £0.01 each 
 
232 
 
232 
 
232 
 
The Company issued the following shares in the periods: 
 
                         Ordinary                                 
                         shares of    Share                       
                         £0.01        premium      Consideration  
                         issued       received     received       
                                      pence per                   
                                      share        £              
   6 months to 31/01/09                                           
                                                                  
   30/11/2008            3,571        nil          36             
   05/01/2009            2,218        nil          22             
   30/01/2009            2,433        nil          24             
                                                                  
   6 months to 31/07/09                                           
                                                                  
   03/03/2009            2,847        nil          28             
   31/03/2009            3,050        nil          31             
   23/04/2009            19,469       nil          195            
   05/05/2009            3,593        nil          36             
   02/06/2009            2,912        nil          29             
   03/07/2009            2,944        nil          29             
                                                                  
   6 months to 31/01/10                                           
                                                                  
   03/08/2009            3,044        nil          30             
   04/09/2009            2,174        nil          22             
   03/10/2009            2,179        nil          22             
   02/11/2009            1,639        nil          16             
   05/12/2009            13,351       nil          134            
 
 
04/09/2009 
 
2,174 
 
nil 
 
22 
 
03/10/2009 
 
2,179 
 
nil 
 
22 
 
02/11/2009 
 
1,639 
 
nil 
 
16 
 
05/12/2009 
 
13,351 
 
nil 
 
134 
 
7        TRADE AND OTHER RECEIVABLES 
 
                  31/01/2010    31/01/2009    31/07/2009  
                  £'000         £'000         £'000       
                                                          
   Trade debtors  31,431        33,887        32,623      
   Other debtors  77            23            76          
   Prepayments    264           176           204         
                  31,772        34,086        32,903      
 
 
204 
 
31,772 
 
34,086 
 
32,903 
 
Included in the Group's trade receivable balance are debtors with a carrying amount of £3,378,000 (2009: £3,952,000) which
are past due at the reporting date for which the Group has not provided as the Directors do not believe there has been a
significant change in credit quality and consider the amounts to be recoverable in full. The Group does not hold any
collateral over these balances. The Directors consider all trade receivables not past due to be fully recoverable. 
 
Ageing of past due but not impaired trade receivables 
 
               31/01/2010    31/01/2009    31/07/2009  
               £'000         £'000         £'000       
                                                       
   0-30 days   3,098         3,025         2,413       
   30-60 days  272           669           194         
   60-90 days  8             258           38          
   90+ days    -             -             15          
               3,378         3,952         2,660       
 
 
- 
 
15 
 
3,378 
 
3,952 
 
2,660 
 
Cautionary Statement 
 
This half year financial information has been prepared for the shareholders of the Company, as a whole, and its sole
purpose and use is to assist shareholders to exercise their governance rights. In particular, this announcement has not
been audited or otherwise independently verified. The Company and its directors and employees are not responsible for any
other purpose or use or to any other person in relation to this announcement. 
 
The report contains indications of likely future developments and other forward-looking statements that are subject to risk
factors associated with, among other things, the economic and business circumstances occurring from time to time in the
sectors in which the Group operates. These and other factors could adversely affect the Group's results, strategy and
prospects. Forward-looking statements involve risks, uncertainties and assumptions. They relate to events and/or depend on
circumstances in the future which could cause actual results and outcomes to differ. No obligation is assumed to update any
forward-looking statements, whether as a result of new information, future events or otherwise. 
 
Statement of Directors' Responsibilities 
 
The directors confirm that this condensed consolidated half year financial information has been prepared in accordance with
IAS 34, as adopted by the European Union. 
 
This information is provided by RNS
The company news service from the London Stock Exchange