REG - Christie Group PLC - Final Results <Origin Href="QuoteRef">C3U.L</Origin> - Part 2

ChristieAnnouncement

31/03/2015 07:13

- Part 2: For the preceding part double click  ID:nRSe9025Ia 

                                                                     (Increase) / decrease in inventories                      (2)    1        -        -        
 -                                                                                             (Increase) / decrease in trade and other receivables      (270)  (9)      275      (1,455)  
 -                                                                                             (Decrease) / increase in trade and other payables         (225)  (121)    (1,710)  813      
 Cash generated from / (used in) continuing operations                                         3,188                                                     (8)    (1,312)  (1,341)  
 Discontinued operationsLoss for the year after tax                                            -                                                         (29)   -        -        
 Adjustments for:                                                                                                                                                                 
 -                                                                                             Loss on sale of property, plant and equipment             -      24       -        -        
 -                                                                                             Foreign currency translation                              -      1        -        -        
 Changes in working capital (excluding the effects of exchange differences on consolidation):                                                                                     
 -                                                                                             Increase in trade and other receivables                   -      28       -        -        
 -                                                                                             Decrease in trade and other payables                      -      (371)    -        -        
 Cash used in discontinued operations                                                          -                                                         (347)  -        -        
 Cash generated from / (used in) operations                                                    3,188                                                     (355)  (1,312)  (1,341)  
 
 
10. RECONCILIATION OF MOVEMENT IN NET DEBT 
 
                              As at 1 January 2014£'000  Cash flow £'000  As at 31 December2014£'000  
 Cash and cash equivalents    1,747                      2,023            3,770                       
 Bank overdrafts              (3,877)                    113              (3,764)                     
                              (2,130)                    2,136            6                           
 Invoice finance              (606)                      (15)             (621)                       
 Net debt                     (2,736)                    2,121            (615)                       
 
 
Financial information 
 
The financial information set out above does not constitute the Company's
statutory accounts for the years ended 31 December 2014 or 2013, but is
derived from those accounts. Statutory accounts for 2013 have been delivered
to the Registrar of Companies and those for 2014 will be delivered following
the Company's Annual General Meeting. The auditors have reported on those
accounts; their reports were unqualified, did not draw attention to any
matters by way of emphasis and did not contain statements under either Section
498(2) or (3) of the Companies Act 2006. 
 
Report and Accounts 
 
Copies of the 2014 Annual Report and Accounts will be posted to shareholders
in early May.  Further copies may be obtained by contacting the Company
Secretary at the registered office.  Alternatively, the 2014 Annual Report and
Accounts will be available to download from the investor relations section on
the Company's website www.christiegroup.com 
 
Key dates 
 
The Annual General Meeting of the Company is scheduled to take place at
10.30am on Tuesday 16th June 2015 at Whitefriars House, 6 Carmelite Street,
London, EC4Y 0BS. 
 
Group Companies 
 
Professional Business Services 
 
Christie + Co 
 
Christie + Co is the leading specialist firm providing business intelligence
in the hospitality, leisure, retail and care sectors. With offices across the
UK, it focuses on agency, valuation services, investment and consultancy
activity in its key sectors. Internationally, it operates from offices in the
UK, Austria, Finland, France, Germany, Ireland and Spain. 
 
www.christie.com 
 
www.christiecorporate.com 
 
Christie Finance 
 
Christie Finance has over 30 years' experience in financing businesses in the
hospitality, leisure, care and retail sectors. Its excellent relationships
with the clearing banks, centralised lenders, finance houses and building
societies make it the market leader in providing finance solutions for
purchase or re-financing in its specialist sectors. 
 
www.christiefinance.com 
 
Christie Insurance 
 
With over 30 years' experience arranging business insurance in the
hospitality, leisure, care and retail sectors, Christie Insurance is a leading
company in its markets. Its excellent contacts with the UK's leading insurers
enable it to provide a premier service including tailored insurance schemes. 
 
www.christieinsurance.com 
 
Pinders 
 
Pinders is the UK's leading specialist business appraisal, valuation and
consultancy company, providing professional services to the licensed leisure,
retail and care sectors, and also the commercial and corporate business
sectors. Its Building Consultancy Division offers a full range of project
management, building monitoring and building surveying services. 
 
www.pinders.co.uk 
 
www.pinderpack.com 
 
Stock & Inventory Systems & Services 
 
Orridge 
 
Europe's longest established stocktaking business specialising in all fields
of retail stocktaking including high street, warehousing and factory. It also
has a specialised pharmacy division providing valuation and stocktaking
services. A full range of stocktaking and inventory management solutions is
provided for a wide range of clients in the UK and Europe. 
 
www.orridge.co.uk 
 
Venners
The leading supplier of stocktaking, inventory, consultancy services and
related stock management systems to the hospitality sector. Consultancy
services include control audits, 'live' event stocktaking and Health & Safety
implementation and control. Bespoke software and systems enable real-time
management reporting to customers using the best available technologies. 
 
www.venners.com 
 
Vennersys
Vennersys operates in the UK and North America and delivers turnkey EPoS and
ticketing systems to visitor attractions such as historic houses and estates,
museums, zoos, safari parks, aquaria and cinemas. 
 
www.vennersys.com 
 
This information is provided by RNS
The company news service from the London Stock Exchange