REG - Vislink PLC - Final Results <Origin Href="QuoteRef">VLK.L</Origin> - Part 2

Pebble Beach SystemsAnnouncement

22/03/2016 07:00

- Part 2: For the preceding part double click  ID:nRSV8189Sa 

2015£'000  2014£'000  
 (Loss) / profit for the year before tax              (994)      5,367      
 Depreciation of property, plant and equipment        761        886        
 Acquisition related costs                            -          224        
 Write back of deferred consideration un-earned       -          (2,000)    
 Amortisation of development costs                    3,224      2,092      
 Amortisation and impairment of acquired intangibles  2,404      2,630      
 Share-based payment expense                          (43)       500        
 Finance income                                       (8)        (24)       
 Finance costs                                        248        169        
 Decrease / (increase) in inventories                 557        (1,268)    
 Increase in trade and other receivables              (2,411)    (2,233)    
 (Decrease) / increase in trade and other payables    (3,261)    1,807      
 Increase / (decrease) in provisions                  128        (151)      
 Net cash from operating activities                   605        7,999      
 
 
10.  CALLED UP SHARE CAPITAL, SHARE PREMIUM AND CAPITAL REDEMPTION RESERVE 
 
                      Number of shares  '000  Share Capital £'000  Share Premium £'000  Capital redemption reserve£'000  Total  £'000  
 At 1 January 2015    122,603                 3,066                6,800                617                              10,483        
 Share issues         -                       -                    -                    -                                -             
 At 31 December 2015  122,603                 3,066                6,800                617                              10,483        
 
 
617 
 
10,483 
 
11.  NET FUNDS 
 
The movements in cash and cash equivalents and borrowings in the year are as
follows: 
 
                                          Cash and cash equivalents£'000  Other borrowings£'000  Total net cash£'000  
 At 1 January 2015                        8,380                           (8,000)                380                  
 Cash flow for the year before financing  (4,346)                         -                      (4,346)              
 Movement in borrowings in the year       1,000                           (1,000)                -                    
 Dividend paid                            (1,830)                         -                      (1,830)              
 Exchange rate adjustments                47                              -                      47                   
 At 31 December 2015                      3,251                           (9,000)                (5,749)              
 
 
(5,749) 
 
Ends. 
 
This information is provided by RNS
The company news service from the London Stock Exchange