REG - CML Microsystems PLC - Half-year Report <Origin Href="QuoteRef">CML.L</Origin> - Part 2

CML MicrosystemsAnnouncement

21/11/2017 07:05

- Part 2: For the preceding part double click  ID:nRSU0381Xa 

Amortisation of development costs                      2,263         1,849         4,100     
 Amortisation of intangibles recognised on acquisition  78            26            102       
 Share-based payments                                   71            72            139       
 Adjusted EBITDA                                        4,902         4,226         8,840     
 
 
11 General 
 
Other than already stated within the Chairman's statement and Group Managing
Director's operational and financial review, there have been no important
events during the first six months of the financial year that have impacted
this Half Yearly Report. 
 
There have been no related party transactions or changes in related party
transactions described in the latest Annual Report that could have a material
effect on the financial position or performance of the Group in the first six
months of the financial year. 
 
The principal risks and uncertainties within the business are contained within
this report in note 8 above. 
 
This Half Yearly Report includes a fair review of the information required by
DTR 4.2.7/8 (indication of important events and their impact, and description
of principal risks and uncertainties for the remaining six months of the
financial year). 
 
This Half Yearly Report does not include all the information and disclosures
required in the Annual Report, and should be read in conjunction with the
consolidated Annual Report for the year ended 31 March 2017. 
 
The financial information contained in this Half Yearly Report has been
prepared using International Financial Reporting Standards as adopted by the
European Union. This Half Yearly Report does not constitute statutory accounts
as defined by Section 434 of the Companies Act 2006. The financial information
for the year ended 31 March 2017 is based on the statutory accounts for the
financial year ended 31 March 2017 that have been filed with the Registrar of
Companies and on which the Auditor gave an unqualified audit opinion. 
 
The Auditor's report on those accounts did not contain a statement under
Section 498(2) or (3) of the Companies Act 2006. This Half Yearly Report has
not been audited or reviewed by the Group Auditor. 
 
A copy of this Half Yearly Report can be viewed on the Company website:
www.cmlmicroplc.com. 
 
12 Approvals 
 
The Directors approved this Half Yearly Report on 20 November 2017. 
 
Glossary 
 
AIS                                                                         
Automatic Identification System 
 
API                                                                       
Application Programmers Interface 
 
DTR                                                                       
Disclosure and Transparency Rules 
 
EU                                                                          
European Union 
 
IAS                                                                         
International Accounting Standard 
 
IC                                                                           
integrated circuit 
 
IFRS                                                                       
International Financial Reporting Standards 
 
IIoT                                                                        
Industrial Internet of Things 
 
IP                                                                           
intellectual property 
 
H1                                                                         
First Half (Financial Year) 
 
M2M                                                                      
machine-to-machine 
 
MMC                                                                      
multimedia card 
 
OEM                                                                      
original equipment manufacturer 
 
R&D                                                                       
research and development 
 
RF                                                                          
radio frequency 
 
SATA                                                                     
serial ATA interface 
 
SD                                                                         
secure digital 
 
USB                                                                       
universal serial bus 
 
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