In Heaven!!!!!

 

 

Well guys, for the last seven days this was my home, and I do have to say it was awesome. Seven days of heaven cruising the ocean, calling into some amazing places. After a nice long relaxing week for myself, it is back to reality tomorrow, work, school, studying and everything in between. I hope everyone else's week has been as great as mine :) :)

Me and my children in Lifou.

Me top deck of the P&O Pacific Dawn. Somewhere of the Australian Coast.

KCQ

·         Salmat’s annual report shows for 2013 that sales revenue was down 7.9%.

·         Salmat had a huge loss in 2013, with energy retailers leaving the channel.

·         Salmat closed some non-strategic digital services in 2013, which was seen in the decline in sales compared to 2014.

·         Salmat had a huge amount after tax bill compared to 2012. This amount was 10.9 million compared to 1.5 million of the previous year.

·         Shareholders received a nice return in 2013, 56.7 million via divided after the sale of BPO

Three Assets, Liabilities and Equity

ASSETS

Instead of writing three separate Assets down, I am going to write it down as one big one. It was actually confusing me all this Current assets-non current assets.

So here is a list of Salmat Assets- Cash and cash equivalents, trade and other receivables. current tax receivables, inventories and other current assets. There is an increase of $85, 151 up from last years Current Assets.

NON-CURRENT ASSETS

Salmat's list of non-current assets is as follows: Receivables, Investments accounted for using the equity method, Property, plant and equipment, Deferred tax assets, Intangible assets and other non-current assets. This is amount is lower then last year by $ 258, 933.



LIABILITIES

Total list of Liabilities: Trade and other payables, Borrowings, Derivative Financial instruments, Current tax payable and Provisions. This totaled too: $74, 448, down $57, 628 from last year.

NON-CURRENT LIABILITIES

Non-current liabilities is sitting at only $13, 649 down from last year. The list is as follows: Borrowings, Deferred tax liabilities, Provisions, Retirement benefit obligations, Derivative financial instruments, Payables and Other non-current Liabilities.


EQUITY

Contributed Equity, Reserves and Retained earnings with only a loss of $13, 649 from 2012.