S.A. T INTERNAT:0NAL F:UANCr LTD.
PROFIT AND LOSS A::COUNT
FOR THE SIX SIONTHS ENDED MARCH 1977
1977
1976
L 000
L 000
INCOME
18,223
10,956
INTEREST PAID
Bank Loans - Long Term
1,773
877
Bank Loans - Short Term
1,723
2,765
Other Loans - Long Term
6,006
2,952
Inter-Company
6,850
16,3S2
4,968
11,562
1,871 (606)
Consideration for the
Corporation Tax Loss
surrendered to the
Holding Company - 606
PROFIT BEFORE TAXATION 1,871 -
TAXATION
U.K. Corporation Tax on
Taxable income 0 52. 967
904
Exchange Gain of E962,000 (1976 Losses of L1,398,000) arising
out of the reconversion of overseas assets and liabilities
at rates of exchange ruling on 31st March 1977, are added
(1976 deducted) in arriving at the Income for the year.
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B.A.T IMMMIES P.LC. MMEBOTA DEPOSTM Copy - PRODUCED PURSUANT To 1 V"'D' OF
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