REG - Elektron Technology - Final Results <Origin Href="QuoteRef">EKT.L</Origin> - Part 2

CheckitAnnouncement

15/07/2015 15:24

- Part 2: For the preceding part double click  ID:nRSd7704La 

                                                                                    
 Number of shares                                                                                                                                      
                                                                                                                   2015                      2014      
                                                                                                                   No.                       No.       
                                                                                                                                                     
 Weighted average number of ordinary shares for the purposes of Basic EPS                                          140,221,240  104,450,615          
 Effect of dilutive potential ordinary shares:                                                                     -                         -         
 Share options                                                                                                     -                         -         
                                                                                                                                                     
 Weighted average number of ordinary shares for the purposes of Diluted EPS                                        140,221,240  104,450,615          
                                                                                                                                                       
 Earnings/(loss) per share                                                                                                                             
 From Continuing Operations                                                                                                     2015         2014      
                                                                                                                                                       
 Basic and Diluted EPS                                                                                                          0.1p         (5.1)p    
                                                                                                                                                       
 Adjusted and Diluted adjusted EPS                                                                                              1.0p         (0.3)p    
                                                                                                                                                       
 From Continuing and Discontinued Operations                                                                                                           
                                                                                                                                                       
 Basic and Diluted EPS                                                                                                          0.1p         (6.4)p    
                                                                                                                                                       
 Adjusted and Diluted adjusted EPS                                                                                              1.0p         (0.6)p    
                                                                                                                                                       
 
 
5.   Net cash flows from operating activities 
 
                                                                                        2015   2014   
                                                                                        £m     £m     
                                                                                                      
 Profit/(loss) before taxation                                                                        
 - from continuing operations                                                           0.2    (4.9)  
 - from discontinued operations                                                         -      (1.4)  
 Adjustments for:                                                                                     
 Depreciation                                                                           0.8    0.9    
 Non-recurring or other special items                                                                 
 - continuing                                                                           1.2    5.0    
 - discontinued                                                                         -      0.7    
 Amortisation of development costs and computer software                                0.9    0.6    
 Loss on disposal of fixed assets                                                       0.1    0.3    
 Loss on disposal of discontinued operations                                            -      0.4    
 Interest payable                                                                       0.3    0.5    
                                                                                                      
 Operating cash flow before working capital changes and non-recurring or special items  3.5    2.1    
 Decrease/(increase) in trade and other receivables                                     2.7    (0.6)  
 Decrease in inventories                                                                0.8    0.7    
 (Decrease)/increase in trade and other payables                                        (2.1)  0.2    
 Payments for non-recurring and other special items                                     (1.1)  (4.5)  
 Other non-cash movements                                                               -      (0.1)  
                                                                                                      
 Cash generated/(utilised) by operations                                                3.8    (2.2)  
 Interest paid                                                                          (0.3)  (0.5)  
 Taxation refunded                                                                      -      0.4    
                                                                                                      
 Net cash inflow/(outflow) from operating activities                                    3.5    (2.3)  
                                                                                                      
 
 
Cautionary Statement 
 
This announcement 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. 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 and their responsibility to shareholders shall be limited to
that which is imposed by statute. 
 
This announcement 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 countries, sectors and business segments 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 from those currently expected. No obligation is assumed to update any
forward-looking statements, whether as a result of new information, future
events or otherwise. 
 
This information is provided by RNS
The company news service from the London Stock Exchange