Judges Scientific Plc (JDG) 2015年年度报告「LSE」.pdf

1、Judges Scientific plc Annual Report and Accounts 2015Strategic reportJudges Scientific plc is an AIM quoted group specialising in the acquisition and development of a portfolio of scientific instrument businesses.Judges Scientific operates a“buy and build”strategy,acquiring and investing in a portfo

2、lio of companies with established reputations in niche worldwide markets,supported by sustainable sales,profits and cash generation.Strategic report1 Highlights2 At a glance4 Chairmans statement5 Chief Executives report7 Business model and strategy8 Principal risks and uncertainties10 Finance Direct

3、ors report12 Board of Directors14 Directors reportFinancial statements19 Independent auditors report20 Consolidated statement of comprehensive income21 Consolidated balance sheet22 Consolidated statement of changes in equity23 Consolidated cash flow statement24 Notes to the consolidated financial st

4、atements49 Independent auditors report50 Parent company balance sheet51 Parent company statement of changes in equity52 Notes to the parent company financial statements58 Notice of Annual General Meeting60 10 year financial historyIBC Company informationDELIVERING ON CONSISTENT PERFORMANCEFor more i

5、nformation visit: Revenues increased 38.5%to 56.2 million(2014:40.6 million),driven by 4.9%organic sales growth and the acquisition of Armfield Adjusted*operating profit increased 31.9%to 9.3 million(2014:7.0 million)Adjusted*basic earnings per share was 109.2p(2014:82.7p),an increase of 32.0%Order

6、book of 11.9 weeks(including Armfield)at 31 December 2015(2014:9.9 weeks)Strong cash generation,totalling 8.5 million(2014:7.5 million)Cash in hand of 8.5 million as at 31 December 2015;adjusted*net debt of 4.0 million(2014:1.3 million)Proposed final dividend of 1.0p per share,bringing the total to