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 6 MONTHS ENDED 31ST OCTOBER 2008

 

 

BALANCE  SHEET

 

 

 

 

 

PROFIT&LOSS ACCOUNT

 

 

 

For 6

 

For 6

 

 

 

 

 

 

 

 

 

 

months

 

months

 

 

As at

 

As at

 

 

 

 

 

upto

 

upto

 

 

31.10.2008

 

31.10.2007

 

 

 

 

 

31.10.2008

 

31.10.2007

 

 

                   (RO   in  '000s)

 

 

 

 

 

                     (RO   in  '000s)

EMPLOYMENT OF FUNDS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Assets (Net)

 

       3,205

 

       2,617

 

Sales

 

 

 

         3,235

 

       2,718

Current Assets.

      2,390

 

      2,198

 

 

Less: Cost of Sales

 

 

         2,388

 

       1,982

Less:Current Liabilities.

      3,196

 

      2,472

 

 

 

 

 

 

 

 

 

Net Current Assets.

 

         -806

 

         -274

 

Gross Margin

 

 

           847

 

          736

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

       2,399

 

       2,343

 

Less: Operating Expenses.

  

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FUNDS EMPLOYED

 

 

 

 

 

a) Depreciation

 

        163

 

        109

 

Share Capital

 

       1,100

 

       1,100

 

 

 

 

 

 

 

 

Legal Reserve

 

          132

 

          132

 

b) Other Expenditure

 

        642

 

        545

 

Retained Profits.

 

           95

 

          188

 

     (including interest)

 

 

 

 

 

 

  

 

            -  

 

 

 

 

 

           805

 

          654

Shareholder's Equity

 

       1,327

 

       1,420

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long Term Loans.

 

       1,072

 

          923

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

       2,399

 

       2,343

 

Net Profit/(Loss) Before Tax

 

             42

 

            82

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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