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FINANCIAL STATEMENTS
Alliance Investment is committed to providing transparency and scrutiny in its operations. We are therefore pleased to provide a summary of our 2000 audited Financial Statements.
* Full set of Audited Financial Results available at offices of Alliance Investment Management Limited
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BALANCE SHEET
As at September 30, 2000
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2000
(000's) |
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ASSETS
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Cash
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12,408
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Accounts Receivable
& prepaid expenses
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66,243
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Investments
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1,754,231
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Securities purchased &
Resale agreements |
170,000 |
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Income tax recoverable |
9,823 |
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Fixed Assets
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2,359 |
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2,015,056 |
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Liabilities & Equity
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Liabilities: |
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Bank Overdraft |
7,530 |
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Accounts payable & Accrued charges |
28,295 |
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Obligations under Finance leases |
- |
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Notes Payable |
259,840 |
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Securities sold under
Repurchase agreements |
1,653,535 |
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Owed to related Co. |
379 |
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Shareholder's Equity |
65,477 |
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2,015,056 |
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INCOME STATEMENT
For year ended September 30, 2000
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Operating Revenue |
339,793 |
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Less: Operating Expense |
( 29,149) |
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Interest Expense |
( 297,067) |
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Operating Profit |
13,577 |
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Other Income: |
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Non-Operating Investment income |
14,718 |
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Miscellaneous income |
12 |
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Exchange looses |
( 25) |
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Overdraft interest |
( 791) |
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Profits before Income Tax |
27,491 |
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Income Tax |
- |
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Net Profit after tax |
27,491 |
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2000 |
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1999 |
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1998 |
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| Return on Equity (%) |
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42% |
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56.6% |
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48.6% |
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| Total Assets (000's) |
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2,015,056 |
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1,905,634 |
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1,651,696 |
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| Profit after Tax (000's) |
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27,491 |
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29,974 |
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18,905 |
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