| |
|
|
| |
Consolidated Balance Sheet
|
| |
|
31 December |
| |
|
|
 |
2004 |
|
|
2003 |
| |
Assets |
|
|
|
|
|
| |
|
|
|
|
|
|
| |
Cash And Short Term Funds |
|
|
|
|
$ 38,114,894 |
| |
|
|
|
|
|
|
| |
Long Term Investments |
|
204,975,620 |
|
|
197,937,713 |
| |
|
|
|
|
|
|
| |
Loans |
|
276,387,346 |
|
|
284,560,558 |
| |
|
|
|
|
|
|
| |
Unlisted Investments |
|
58,937,319 |
|
|
55,978,750 |
| |
|
|
|
|
|
|
| |
Property, Plant and Equipment |
|
26,268,514 |
|
|
18,237,213 |
| |
|
|
|
|
|
|
| |
Deferred Income Tax Asset |
|
74,794 |
|
|
-- |
| |
|
|
|
|
|
|
| |
Pension Fund Surplus |
|
9,932,900 |
|
|
8,797,900 |
| |
|
|
|
|
|
|
| |
Other Assets |
|
6,456,670 |
|
|
22,141,668 |
| |
|
|
|
|
|
|
| |
Total Assets |
|
22,150,022
|
|
|
21,895,770
|
| |
Liabilities |
|
|
|
|
|
| |
|
|
|
|
|
|
| |
Long Term Borrowings |
|
496,276,738 |
|
|
488,530,713 |
| |
|
|
|
|
|
|
| |
Dividends |
|
4,333,930 |
|
|
3,733,144 |
| |
|
|
|
|
|
|
| |
Other Liabilites |
|
17,688,469 |
|
|
20,100,724 |
| |
|
|
|
|
|
|
| |
Total Liabilities |
|
518,299,137 |
|
|
512,364,581 |
| |
Net Assets |
|
$ 124,817,447
|
|
|
$ 113,404,115
|
| |
Minority Interest |
|
908,322 |
|
|
1,405,082 |
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
Shareholders Equity |
|
|
|
|
|
| |
Ordinary Shares |
|
$ 30,039,300 |
|
|
$ 30,039,300 |
| |
Preference Shares |
|
26,600,000 |
|
|
26,600,000 |
| |
Reserves |
|
31,706,894 |
|
|
24,276,718 |
| |
Retained earnings |
|
|
35,562,931 |
|
|
31,083,015 |
| |
|
|
|
|
|
|
|
| |
Capital and Reserves |
|
|
$ 123,909,125 |
|
|
$ 111,999,033 |
| |
Shareholders' Equity |
|
|
$ 124,817,447
|
|
|
$ 113,404,115
|
|
|
|
| |
|
|
| |
Our
Mission
Our
business is to make profitable use of financial and human
capital to create and expand viable, private business enterprises
in Caribbean countries. By supporting entrepreneurship and
sound business practices at all levels, we will help to
meet urgent demands for change and development in the Caribbean
in a volatile, intensely competitive international environment.
Our
Vision
To achieve our mission, we must integrate people, strategy
and operations to achieve execution. We must therefore build
a culture where natural teams thrive, where are able to
build upon our strengths whilst compensating for our weaknesses.
Our culture will continue to be shaped by the idea of freedom
and responsibility within a framework. The company's culture
will be driven by self-disciplined people who are willing
to go to extreme lengths to fulfil their responsibilities.
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