REG - R.E.A.Hldgs PLC - Final Results - Replacement <Origin Href="QuoteRef">REAH.L</Origin> - Part 3

R E A HoldingsAnnouncement

15/07/2015 14:36

- Part 3: For the preceding part double click  ID:nRSX2000Lb 

(18,244)     9,013      
 Net increase in borrowings                                              (4,704)      (52,600)   
                                                                         _______      _______    
                                                                         (22,948)     (43,587)   
 Issue of preference shares                                              10,564       -          
 Redemption of US dollar notes, net of amortisation of issue expenses    6,310        9,344      
 Net sale and repurchase of US dollar notes                              -            (1,238)    
                                                                         _______      _______    
                                                                         (6,074)      (35,481)   
 Currency translation differences                                        1,555        (1,786)    
 Net borrowings at beginning of year                                     (166,099)    (128,832)  
                                                                         _______      _______    
 Net borrowings at end of year                                           (170,618)    (166,099)  
                                                                         _______      _______    
 
 
13.  Related parties 
 
Transactions between the company and its subsidiaries, which are related
parties, have been eliminated on consolidation and are not disclosed in this
note. Transactions between the company and its subsidiaries are dealt with in
the company's individual financial statements.  The remuneration of the
directors, who are the key management personnel of the group, is set out below
in aggregate for each of the categories specified in IAS 24 "Related party
disclosures". 
 
                             2014       2013     
                             $'000      $'000    
 Short term benefits         2,112      2,008    
 Post employment benefits    -          -        
 Other long term benefits    -          -        
 Termination benefits        -          -        
 Share based payments        -          -        
                             _______    _______  
                             2,112      2,008    
                             _______    _______  
 
 
14.  Events after the reporting period 
 
An interim dividend of 4p per ordinary share in respect of the year ended 31
December 2014 was paid on 23 January 2015.  In accordance with IAS 10 "Events
after the reporting period" this dividend, amounting in aggregate to
$2,124,000, has not been reflected in these financial statements. 
 
In February 2015 a subsidiary company was notified by the Supreme Court of
Indonesia that the Indonesian tax authorities had applied to the Supreme Court
of Indonesia for a judicial review of the decision of the Jakarta Tax Court in
May 2014 in favour of the subsidiary. 
 
Press enquiries to: 
 
R.E.A. Holdings plc 
 
Tel: 020 7436 7877 
 
This information is provided by RNS
The company news service from the London Stock Exchange