Directors Report :   

English / Arabic
                              
Unaudited Consolidated Balance Sheet:
                               

English / Arabic

Unaudited Profit and Loss Account
                              

English / Arabic

Unaudited Consolidated Cash Flow Statement
                               

English / Arabic

Statement of change in Equity:
                               English / Arabic

Notes  :                   English / Arabic        

Published Accounts: English / Arabic



 

 

 

       OMAN AGRICULTURE DEVELOPMENT CO SAOG.

 

 

 

 

 

 

PROVISIONAL (UNAUDITED)RESULTS FOR THE 3  MONTHS ENDED 31ST JULY 2008

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BALANCE

 

 

 

 

 

PROFIT&LOSS ACCOUNT

 

 

 

For 3

 

For 3

SHEET

 

 

 

 

 

 

 

 

 

months

 

months

 

 

As at

 

As at

 

 

 

 

 

upto

 

upto

 

 

31.07.2008

 

31.07.2007

 

 

 

 

 

31.07.2008

 

31.07.2007

 

 

                   (RO   in  '000s)

 

 

 

 

 

                     (RO   in  '000s)

 

 

 

 

 

 

 

 

 

 

 

 

 

EMPLOYMENT OF FUNDS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Assets (Net)

 

       3,171

 

       2,332

 

Sales

 

 

 

         1,582

 

       1,292

Current Assets.

      2,170

 

      1,928

 

 

Less: Cost of Sales

 

 

         1,139

 

          922

Less:Current Liabilities.

      3,059

 

      2,138

 

 

 

 

 

 

 

 

 

Net Current Assets.

 

         -889

 

         -210

 

Gross Margin

 

 

           443

 

          370

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

       2,282

 

       2,122

 

Less: Operating Expenses.

  

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FUNDS EMPLOYED

 

 

 

 

 

a) Depreciation

 

          81

 

          81

 

Share Capital

 

       1,100

 

       1,100

 

 

 

 

 

 

 

 

Legal Reserve

 

          132

 

          132

 

b) Other Expenditure

 

        336

 

        258

 

Retained Profits.

 

           78

 

          137

 

     (including interest)

 

 

 

 

Proposed Dividend

 

            -  

 

           99

 

 

 

 

 

           417

 

          339

Shareholder's Equity

 

       1,310

 

       1,468

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long Term Loans.

 

          972

 

          654

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

       2,282

 

       2,122

 

Net Profit/(Loss) Before Tax

 

             26

 

            31

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CHAIRMAN

 

 

 

 

 

 

DIRECTOR

 

 

Note. The complete accounts will be sent by mail to any shareholder who requests them in either Arabic or English, as requested within 7 days to receipt

of request to Oman Agriculture Development Company Saog., P.O. Box 66, Code 311, Sohar, Sultanate of Oman.Tel: 26840301