Communications (Fiji) Limited
SPSE CODE
REGISTERED OFFICE
CFM
231 Waimanu Road,
Suva.
Fiji Islands.
Private Mail Bag
Suva.
Fiji Islands.
Ph: (679) 3314 766
Fax: (679) 3303 748
Email: info@fm96.com.fj
Website: www.fijivillage.com
MANAGEMENT
DIRECTORS
PRINCIPAL ACTIVITY
DATE LISTED
William Parkinson (Managing Director)
Jyoti Solanki (Company Secretary)
Hari Punja (Chairman)
William Parkinson
Andrew Fairley
Mathew Wilson
Culden Kamea
Shaenaz Voss
Operation of commercial radio stations.
20 December 2002
Communications (Fiji) Limited
FINANCIAL REVIEW OF THE COMPANY
Profit and Loss
31 December
FJD 000
2007
Total Operating Revenue
Net Profit Before Tax (NPBT)
Tax
Net Profit After Tax (NPAT)
Extraordinary Item after Tax
NPAT & Extraordinary Items
NP attributable to O.E. Interest
Transfer from Reserves
Tot. Available for Appropriation
Dividend Provided or Paid
Transfer to Reserves
Retained Earnings at Year End
6,900
827
(386)
441
441
923
(107)
739
FJD 000
2006
5,747
326
(238)
88
88
421
(107)
483
FJD 000
2005
FJD 000
2004
FJD 000
2003
5,773
565
(348)
217
217
565
(232)
333
5,019
503
(132)
371
371
543
(195)
347
4,744
499
(182)
316
316
334
(163)
171
FJD 000
2005
FJD 000
2004
FJD 000
2003
Balance Sheet
31 December
FJD 000
2007
FJD 000
2006
Cash & Term Deposits
Trade Receivables
Other
Total Current Assets
Fixed Assets
Term Deposit
Intangible
Other
Non - Current Assets
Total Assets
149
1,081
253
1,482
3,316
0
1,544
1,877
6,738
8,220
95
805
216
1,116
3,062
0
1,435
1,666
6,162
7,278
127
1,026
292
1,446
2,828
0
980
2,250
6,058
7,504
3
892
167
1,062
2,891
1,055
155
4,101
5,163
2
770
129
901
2,217
1,131
52
3,400
4,300
Overdraft
Short Term Loans
Other
Current Liabilities
Long Term Loans
Other
Non - Current Liabilities
Total Liabilities
NET ASSET
317
595
1,251
2,338
282
2,620
3,871
4,349
268
595
820
2,126
233
2,359
3,179
4,100
325
867
1,193
2,293
131
2,478
3,671
3,833
166
196
510
872
704
131
835
1,707
3,456
142
43
538
724
183
119
302
1,026
3,275
Paid Up Capital
Retained Earnings
Other Reserves
Minorities
TOTAL S/H EQUITY
3,558
739
52
4,349
3,558
483
59
4,100
3,558
333
(58)
3833
3.251
347
(142)
3,456
3,251
171
(147)
3,275
Communications (Fiji) Limited
Cash flow
31 December
Operating Activities
Trade Receipts
Trade Payments
Income Tax Paid
Dividend Received
Interest Received
Interest Paid
Other
Profit before income tax
Depreciation and Amortization
Loss (Gain) on sale of property, plant and
equipment
Loss from associate
Movement in provision for Doubtful Debts
Movement in provision for employee
entitlements
Prior period adjustment
(Increase) /decrease in receivable and
inventories
Increase in liabilities and accruals
Total Operating Cash flow
Investing Activities
Capital Expenditure
Investments
Sale of Assets
Other
Acquisition of plant & equipment
Proceeds from sale of Investment
Proceeds from sale of plant & Equipment
Dividends Received
Total Investing Cash flow
Financing Activities
Dividend Paid
Repayment of Secured Loan
Other
Total Financing Cash flow
Net Change in Cash
FJD 000
2007
FJD 000
2006
FJD 000
2005
FJD 000
2004
FJD 000
2003
(199)
827
588
(287)
326
553
5,869
(4266)
(100)
(116)
-
4,976
(3,867)
(206)
(120)
-
4,900
(3,814)
(231)
(101)
(7)
(13)
246
10
(3)
384
(56)
3
(77)
(14)
-
(322)
516
1,579
353
103
1,358
1,387
782
747
(417)
10
33
(2487)
(1,242)
3
12
(50)
(439)
5
77
-
(838)
18
125
(649)
(2862)
(1,277)
(357)
(150)
(230)
5
(375)
(128)
(302)
(266)
(696)
(280)
1,718
322
1,760
(162)
674
(41)
471
(65)
(324)
(13)
(402)
51
(32)
285
(24)
(12)
(496)
(879)
147
75
(1,153)
Communications (Fiji) Limited
RATIO ANALYSIS OF THE COMPANY
Profitability Ratios
31 December
Return on Equity (%)
Return on Assets (%)
Fin. Gearing Profit ($000)
Net Profit Margin (%)
FJD 000
2007
FJD 000
2006
FJD 000
2005
FJD 000
2004
FJD 000
2003
10.13
13.65
87.05
6.39
2.15
7.50
(32.86)
1.54
5.66
9.23
132.53
3.76
10.74
12.08
13.29
7.40
9.66
13.94
(41.07)
6.67
FJD 000
2007
FJD 000
2006
FJD 000
2005
FJD 000
2004
FJD 000
2003
1.18
1.17
50
17
1.36
1.35
58
17
1.21
1.19
61
15
1.22
1.50
60
13
1.24
1.53
60
21
FJD 000
2006
FJD 000
2005
FJD 000
2004
FJD 000
2003
57.64
137.99
11.95
88.05
100.00
(17.99)
4.00
56.07
119.27
11.21
88.79
100.00
3.73
2.54
66.97
128.65
14.06
85.94
100
3.14
5.86
31.94
71.12
35.18
64.82
100.00
1.07
5.18
13.04
47.84
49.85
50.15
100.00
0.48
5.94
FJD 000
2007
FJD 000
2006
FJD 000
2005
FJD 000
2004
FJD 000
2003
12.39
14.13
3.00
1.71
0.79
2.22
0.44
2.48
76.58
3.00
1.58
0.75
2.54
0.38
6.10
30.32
6.52
3.52
0.80
2.31
0.39
11.42
13.57
6.00
3.87
0.74
2.09
0.24
9.74
10.99
5.00
4.67
0.66
1.62
0.23
Liquidity Ratios
31 December
Current Ratio (times)
Quick Ratio (times)
Days Debtors (days)
Days Creditors (days)
Debt and Capital Structure
31 December
Net Debt to Equity (%)
Gearing (%)
ST Debt to Total Fin.Debt(%)
LT Debt to Total Fin.Debt (%)
Sec.Debt to Total Fin.Debt (%)
Debt Cash flow (yrs)
Net Interest Cover (times)
FJD 000
2007
Market Performance Ratios
31 December
Earnings Per Share (cents)
Price Earnings Ratio (times)
Dividend Per Share (cents)
Dividend Yield (%)
NT Asset Per Share ($)
Price to Book (times)
Cash flow Per Share ($)
Communications (Fiji) Limited
Stock Market Information
FJD 000
2007
31 December
1.75
1.75
1.84
12
11,392
20
6.23
Last Sale Price ($)
52 Week:
Low ($)
High ($)
No. of Trades
Volume of Shares Traded
Value of Shares Traded ($000)
Market Capitalisation ($m)
FJD 000
2006
FJD 000
2005
FJD 000
2004
FJD 000
2003
1.90
1.90
1.94
18
35,000
67
6.76
1.85
1.51
1.85
27
73,200
122
6.58
1.55
1.07
1.55
20
63,600
80
5.51
1.07
0.87
1.08
25
190,211
184
3.48
Line chart for NPAT to Turnover
NPAT to Turnover
2.00
7000
6500
1.80
6000
1.60
5500
1.40
5000
$(000's)
4500
1.20
4000
3500
1.00 $
3000
0.80
2500
0.60
2000
1500
0.40
1000
0.20
500
0
0.00
03
04
Turnover (000's)
05
06
NPAT (000's)
07
Share Price