Interim Accounts- Correction
Cinpart PLC
25 October 2007
Embargo for 7.00am on 25 October 2007
Cinpart Plc ('Cinpart' or the 'Company')
Correction to the Interim Accounts
The directors of Cinpart would like to note a correction to the announcement
made on 27 September 2007 in relation to the unaudited interim report
('Interims') for the six months ended 30 June 2007 (RNS Number:6402E).
In the Interims, Note 4 relating to the Acquisition of subsidiary contained the
following statement:
'Since the acquisition date, Gas Ignition Limited has contributed £0 to group
profit. If the acquisition had occurred on 1 January 2007, group turnover for
the period would have been £1,698,891 and group loss for the period would have
been £13,257.'
However, the directors of Cinpart would like to clarify that the statement
should have stated 'If the acquisition had occurred on I January 2007, group
turnover for the period would have been £1,563,196 and group loss for the period
would have been £13,257'.
The difference of £135,695 occurred due to intra company sales. However, this
does not affect the sales reported in the Income Statement of the Interims which
are correctly stated as £ 1,492,836 for the six months ended 30 June 2007.
Contact
Philip Palmer - Cinpart Plc 020 7559 9715
Graeme Thom/Jonathan Evans - Zimmerman Adams International 020 7060 1760
Stephen Goschalk - Newland Stockbrokers 020 7290 2414
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