REG - Titon Holdings PLC - Interim Statement - 6m to 31 March 2017 <Origin Href="QuoteRef">TITN.L</Origin> - Part 2

Titon HoldingsAnnouncement

11/05/2017 07:07

- Part 2: For the preceding part double click  ID:nRSK7834Ea 

ended 31 March 2016:
10,663,414; year ended 30 September 2016: 10,752,964). 
 
Diluted earnings per share has been calculated by dividing the profits
attributable to shareholders by the weighted average number of ordinary shares
and potential dilutive ordinary shares during the period, being 11,077,090
(six months ended 31 March 2016: 10,877,509; year ended 30 September 2016:
10,937,093). 
 
6   Property, plant and equipment 
 
Additions and disposals 
 
During the six months ended 31 March 2017, the Group acquired assets with a
cost of £279,000 (six months to 31 March 2016: £444,000; year ended 30
September 2016: £721,000). 
 
7   Related party transactions 
 
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 subsidiary companies and the associate company, which is
a related party, were as follows: 
 
                          Sale of goods       Amount owed by related party  
                          6 monthsto 31.3.17  6 monthsto 31.3.16            Year toto 30.9.16  6 monthsto 31.3.17  6 monthsto 31.3.16  Year toto 30.9.16  
                          £'000               £'000                         £'000              £'000               £'000               £'000              
 Browntech Sales Co. Ltd  4,520               3,365                         7,110              2,879               1,985               2,575              
 
 
There have been no additional significant or unusual related party
transactions to those disclosed in the Group's Annual Report for 30 September
2016. 
 
8   Liability statement 
 
Neither the Group nor the Directors accept any liability to any person in
relation to the Interim Statement except to the extent that such liability
could arise under English Law. Accordingly, any liability to a person who has
demonstrated reliance on any untrue or misleading statement or omission shall
be determined in accordance with section 90A of the Financial Services and
Markets Act 2000. 
 
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Directors and Advisors 
 
Directors 
 
Executive 
 
KA Ritchie (Chairman) 
 
D A Ruffell (Chief Executive) 
 
T N Anderson 
 
T D Gearey 
 
N C Howlett 
 
Non-executive 
 
J N Anderson (Deputy Chairman) 
 
K Sargeant 
 
Secretary and registered office 
 
D A Ruffell 
 
894 The Crescent 
 
Colchester Business Park 
 
Colchester 
 
Essex CO4 9YQ 
 
COMPANY REGISTRATION NUMBER 
 
1604952 (Registered in England & Wales) 
 
WEBSITE 
 
www.titonholdings.com 
 
 auditorsBDO LLP55 Baker StreetLondonW1U 7EU                          REGISTRARS AND TRANSFER OFFICECapita Registrars LtdNorthern HouseWoodsome ParkFenay BridgeHuddersfieldHD8 0LA    
 BANKERSBarclays Bank PlcWitham Business CentreWitham, Essex CM8 2AT                                                                                                                 
                                                                                                                                                                                     
 
 
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