Statement of Comprehensive Income
Year Ended March 2012
Year Ended March 2011
£000
£000
Operating Income from Operations
285,312
260,231
Operating Expenses of Operations
(273,406)
(249,430)
Operating Surplus / (Deficit)
11,906
10,801
Finance Costs
Finance Income
433
347
Finance Expense Financial Liabilities
(9,769)
(9,206)
Net Finance Costs
(11,279)
(10,644)
Corporation Tax Expense
0
0
Surplus / Deficit from Operations
627
157
Surplus / Deficit for the Year
627
157
Other Comprehensive Income
Impairments
(2)
(193)
Revaluations
16,937
29
Asset Disposals
0
0
Other Recognised Gains and Losses
0
0
Other Reserve Movements
0
0
Total Comprehensive Income / Expense
17,562
(7)
Statement of Financial Position as of March 31st 2012
31st March 2012
31st March 2011
£000
£000
Non-Current Assets
Intangible Assets
576
838
Property, Plant and Equipment
219,000
203,193
Investment Property
0
0
Other Investments
0
0
Trade and Other Receivables
8,733
7,826
Other Financial Assets
0
0
Other Assets
0
0
Total Non-Current Assets
228,309
211,857
Current Assets
Inventories
2,837
3,183
Trade and Other Receivables
6,247
6,131
Other Financial Assets
0
0
Non-Current Assets for Sale and Assets in Disposal Groups
0
1,078
Cash and Cash Equivalents
36,346
33,441
Total Current Assets
45,430
43,833
Current Liabilities
Trade and Other Payables
(15,093)
(13,717)
Borrowings
(4,897)
(4,231)
Other Financial Liabilities
0
0
Provisions
(706)
(613)
Other Liabilities
(2,048)
(1,040)
Liabilities in Disposal Groups
0
0
Total Current Liabilities
(22,744)
(19,601)
Total Assets Less Current Liabilities
250,995
236,089
Non-Current Liabilities
Trade and Other Payables
0
0
Borrowings
(151,365)
(154,020)
Other Financial Liabilities
0
0
Provisions
0
0
Other Liabilities
0
0
Total Non-Current Liabilities
(151,365)
(154,020)
Total Assets Employed
99,630
82,069
Statement of Cash Flows
31st March 2012
31st March 2011
£000
£000
Cash Flows from Operating Activities
Operating Surplus / Deficit from Continuing Operations
11,906
10,801
Operating Surplus / Deficit of Discontinued Operations
0
0
Operating Surplus / Deficit
11,906
10,801
Non-Cash Income and Expense
Depreciation and Amortisation
8,727
8,868
Impairments
340
0
Reversals of Impairments
0
0
Amortisation of PFI Credit
0
0
(Increase) / Decrease in Trade and Other Receivables
(1,241)
1,722
(Increase) / Decrease in Other Assets
0
0
(Increase) / Decrease in Inventories
346
(234)
(Increase) / Decrease in Trade and Other Payables
524
(661)
(Increase) / Decrease in Other Liabilities
1,008
(202)
(Increase) / Decrease in Provisions
93
(221)
Tax (Paid) / Received
539
197
Movements in Operating Cash Flow of Discontinued Ops.
0
0
Movements in Operating Cash Flow of Community Care
0
0
Other Movements in Operating Cash Flows
(291)
(8)
Net Cash Generated From / (Used In) Operations
21,951
20,262
Cash Flows from Investing Activities
Interest Received
435
400
Purchase of Financial Assets
(171,000)
(80,000)
Sales of Financial Assets
171,000
90,000
Purchase of Intangible Assets
(31)
(99)
Sales of Intangible Assets
0
0
Purchase of Property, Plant and Equipment
(5,793)
(8,646)
Sales of Property, Plant and Equipment
2,026
10
Net Cash Generated From / (Used In) Investing Activities
(3,333)
1,665
Cash Flows from Financing Activities
Loans Received
0
0
Loans Repaid
0
0
Capital Element of Finance Lease Rental Payments
0
0
Capital Element of PFI Obligations
(4,216)
(4,153)
Interest Paid
0
0
Interest Element of Finance Lease
0
0
Interest Element of PFI Obligations
(9,769)
(9,206)
PDC Dividend Paid
(1,728)
(2,052)
Cash Flows From / (Used In) Other Financing Activities
0
0
Net Cash Generated From / (Used In) Financing Activity
(15,713)
(15,411)
Increase / (Decrease) In Cash and Cash Equivalents
2,905
6,516
Cash Equivalents at 1st April
33,441
26,925
Cash Equivalents at 31st March
26,346
33,441