Notes to the Financial Statements

Profit for the financial year

29,494

41,337

Tax on profit

10

5,525

7,175

Exceptional Items

8

-

(10,000)

Operating Profit

38,682

44,192

Amortisation of capital grants

21

(452)

(454)

Depreciation of tangible assets

11

16,717

14,511

Amortisation of intangible assets

13

92

108

Fair value movement on investment property

12

1,315

850

(Profit)/Loss on disposal of assets

(75)

141

Impairment of tangible assets

11

442

-

(Increase) in inventories

(166)

(71)

(Increase) in debtors

(1,594)

(5,273)

Increase in creditors

558

3,175