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excel
version
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2007
£000 |
2006
£000 |
 |
| Cash
flows from operating activities |
|
|
|
| Profit
after taxation |
|
2,598 |
2,977 |
| Adjustments
for: |
|
|
|
| Depreciation
of property, plant & equipment |
896 |
951 |
| Amortisation
of purchased software |
617 |
595 |
| Amortisation
of product development |
2,443 |
2,517 |
| Share
option charge |
|
11 |
193 |
| EDSIP
charge |
|
734 |
1,184 |
| Foreign
exchange adjustment |
|
6 |
(84) |
| Loss
on sale of fixed assets |
|
7 |
17 |
| Interest
receivable |
|
(174) |
(300) |
| Interest
payable |
|
38 |
180 |
| Taxation
charge |
|
444 |
1,028 |
|
| Cash
generated from operations before changes in working capital |
|
7,620 |
9,258 |
| (Increase)/decrease
in trade and other receivables |
(139) |
1,408 |
| Increase/(decrease)
in deferred income |
|
368 |
(193) |
| (Decrease)/increase
in trade and other payables |
(862) |
79 |
|
|
Cash generated from operations |
|
6,987 |
10,552 |
| Income
tax paid |
|
(571) |
(1,231) |
|
| Net
cash generated from operating activities |
6,416 |
9,321 |
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| Cash
flows from investing activities |
|
|
| Purchase
of property, plant & equipment |
|
(564) |
(466) |
| Proceeds
from sale of property, plant
& equipment |
- |
2 |
| Purchase
of intangible assets |
|
(1,093) |
(1,279) |
Payment
of deferred consideration on
intangible assets |
(1,542) |
- |
| Capitalised
product development costs |
|
(2,739) |
(2,350) |
| Interest
received |
|
174 |
300 |
|
| Net
cash used in investing activities |
(5,764) |
(3,793) |
|
| Cash
flows from financing activities |
|
|
|
| Repayment
of term loan |
|
- |
(4,000) |
| Dividends
paid |
|
(1,669) |
(1,437) |
|
Purchase of own shares |
|
(1,328) |
(370) |
| Capital
element of finance lease payment |
|
- |
(26) |
| Interest
paid |
|
(38) |
(329) |
Scrip dividend legal costs written off share
premium account |
(12) |
- |
Cash paid for in lieu of unapproved share
option schemes |
(303) |
- |
| Share option cash received |
|
58 |
- |
|
| Net
cash used in financing activities |
|
(3,292) |
(6,162) |
|
| Net
decrease in cash and cash equivalents |
|
(2,640) |
(634) |
Cash
and cash equivalents at the beginning
of period |
9,453 |
10,067 |
| Effect
of exchange rate fluctuations in cash held |
(253) |
19 |
|
| Cash
and cash equivalents at end of period |
6,560 |
9,452 |
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2006/2007 Results - Further
Details
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