Business
Half-yearly Report
Half-yearly Report.
About this update from Inspiration Healthcare Group Plc
[{"type":"text","content":"\n \n India Hospitality Corp. Releases Half-Year Fiscal 2009 Results\n\n LONDON, Dec. 31 -- India Hospitality Corp. (LSE: IHC, IHC or India \nHospitality) today announced that it has released its half-year fiscal \n2009 results to the public. The filing is available for all interested \ninvestors to download from IHC's website at www.indiahospitalitycorp.com \nby clicking on the \"Investor Relations\" tab.\n\n About India Hospitality Corp.\n\n India Hospitality Corp. (IHC) is a diversified pan-Indian hospitality and\nleisure company. In July 2007, IHC closed on the acquisition from Navis\nCapital Partners and its Affiliates of India-based Mars Restaurants Private\nLimited, an emerging hotel and restaurant company, and SkyGourmet Catering\nPrivate Limited, an airline catering company with 1,700 employees operating\nout of five locations in India.\n\n Deutsche Bank AG is IHC's nominated adviser and broker for the purposes\nof the AIM Rules for Companies. Its responsibilities as IHC's nominated\nadviser and broker under the AIM Rules for Nominated Advisers are owed solely\nto London Stock Exchange plc and not to IHC, any director of IHC or any other\nperson.\n\n No offer or invitation to purchase or subscribe for ordinary shares in or\nwarrants to purchase or subscribe for ordinary shares or warrants of IHC is\nbeing made by this announcement.\n\nCondensed Consolidated Interim Financial Information\nIndia Hospitality Corp. and its subsidiaries\nSeptember 30, 2008\n\nContents\n\n Page\nCondensed Consolidated Balance Sheet (Unaudited) 3\nCondensed Consolidated Statement of Income (Unaudited) 5\nCondensed Consolidated Statement of Changes in Equity (Unaudited) 6\nCondensed Consolidated Statement of Cash Flows (Unaudited) 7\nNotes to Condensed Consolidated Interim Financial Information \n (Unaudited) 9\n\nCondensed Consolidated Balance Sheet (Unaudited)\n\n(All amounts in USD, unless otherwise stated)\n\n As at As at\n September 30, 2008 March 31, 2008\nASSETS\nCurrent\nCash and cash equivalents 7,929,270 18,102,932\nRestricted cash 7,392 8,772\nPrepayments & accrued income 328,140 59,943\nAccounts receivable, net 8,619,749 8,133,181\nInventories 395,782 519,447\nOther financial assets 2,492,000 2,897,539\nTotal current assets 19,772,333 29,721,814\n \nNon current\nGoodwill 26,272,730 30,922,539\nProperty, plant and equipment, net ...