From the administrators' statement

Extracts from the company’s audited financial statements are summarised below.

Audited Audited Audited Audited Audited Accounts Accounts Accounts Accounts Accounts for y/e for y/e for y/e for y/e for p/e 31/12/11 31/42/10 31/12/09 34/12/08 31/12/07 £000s | £7000s £°000s £°000s £°000s Turnover 29,012 40,317 74,694 60,135 13,013 Profit/(loss) (6,549) (7,298) 4,174 3,805 639 before tax Net Profit/(Loss) (6,593) (6,725) 1,432 2,184 389 Fixed assets 170 298 530 493 251 Current assets 6,727 12,685 20,925 29,504 20,644 Current Liabilities [— (16,207) (15,698) (492) (27,424) (20,506) Net Assets/Liabilities (9,313) (2,720) 4,005 2,573 389

ESTIMATED STATEMENT OF FINANCIAL POSITION

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Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts

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Pihl UK Limited (SC315520)

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