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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, 2001
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2001
(000's) |
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ASSETS
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Cash
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21, 306 |
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Accounts Receivable
& prepaid expenses
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100,943 |
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Investments
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1,823,647 |
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Securities purchased &
Resale agreements |
265,557 |
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Income tax recoverable |
3,718 |
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Fixed Assets
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2,559 |
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2,217,730 |
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Liabilities & Equity
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Liabilities: |
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Bank Overdraft |
18,989 |
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Accounts payable & Accrued charges |
37,836 |
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Obligations under Finance leases |
- |
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Notes Payable |
252,056 |
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Securities sold under
Repurchase agreements |
1,820,227 |
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Owed to related Co. |
388 |
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Shareholder's Equity |
88,234 |
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2,217,730 |
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INCOME STATEMENT
For year ended September 30, 2001
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Operating Revenue |
339,254 |
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Less: Operating Expense |
( 35,251) |
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Interest Expense |
( 284,762) |
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Operating Profit |
19,241 |
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Other Income: |
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Non-Operating Investment income |
16,047 |
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Miscellaneous income |
( 84) |
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Exchange Gains |
694 |
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Interest on Bank Accounts |
604 |
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Profits before Income Tax |
36,502 |
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Income Tax |
- |
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Net Profit after tax |
36,502 |
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2001 |
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2000 |
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1999 |
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| Return on Equity (%) |
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47.5% |
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42.0% |
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56.6% |
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| Total Assets (000's) |
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2,217,730 |
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2,015,056 |
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1,905,634 |
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| Profit after Tax (000's) |
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36,502 |
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27,491 |
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29,974 |
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