Financial statements have been prepared in US dollars to International Financial Reporting Standards and Companies Law provisions, Cap. 113. All purchases and sales are recorded on the trade date, which is when the company committed to buy or sell an asset. The company's financials have been audited by PricewaterhouseCoopers.
Between 2000 and 2003 the company generated accumulated net income of $16.515 mn. Since the beginning of 2000 its equity increased seven-fold and stood at $34.467 mn (26% of total assets) as of the beginning of 2004. Assets were up by $53.275 mn over the same period reaching $133.537 mn for 2004 and $380.371 mn for 2005.
Financial Highlights
| in thousands of US$ | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 |
| Assets |
716 657 |
697 147 |
388 401 |
380 371 |
133 537 |
86 438 |
83 543 |
80 262 |
| Receivables and prepayments |
130 767 |
164 709 |
74 454 |
289 503 |
76 034 |
36 924 |
34 573 |
61 615 |
| Trade and other payables |
159 495 |
185 819 |
176 903 |
293 611 |
68 406 |
38 654 |
39 093 |
52 617 |
| Shareholders' equity |
106 617 |
110 412 |
75 096 |
49 540 |
34 467 |
25 214 |
8 442 |
4 726 |
| Net income |
31 477 |
46 325 |
25 556 |
15 074 |
9 253 |
1 772 |
3 716 |
1 775 |
| Return on equity (%) |
29.5% |
42.0% |
34.0% |
30.4% |
26.8% |
7.0% |
44.0% |
37.6% |
| Equity to assets (%) |
15% |
16% |
19% |
13% |
26% |
29% |
10% |
6% |
Audited by PricewaterhouseCoopers up to 2006 and by KPMG from 2007 onwards
Annual Reports
2007
2006
2005
2004
2003
2002
2001
