Please Select... Corporate Statement Highlights At a glance Chairman's statement surface mining Chief executive's statement Regeneration Financial review Powering Environment and community Board of Directors Financial Calendar Directors' report Corporate governance report Remuneration commitee report Independent Auditors' Report Consolidated income statement Consolidated balance sheet Consolidated statement of changes in equity Consolidated cash flow statement Group accounting policies Notes to the Group Financial Statements Independent Auditors' Report Company Balance Sheet Company accounting policies Notes to the Company Financial Statements Notice of annual general meting Appendix and Explanatory Notes Form of proxy Corporate information | Full PDF report | Print this page |

Annual report and financial statements 2008 - Highlights

ATH Resources plc annual report and accounts 2008 ¦01 Highlights Turnover up 9% to £76.9 million (2007: £70.5 million) on sales of 2.0 million tonnes of coal (2007: 2.2 million tonnes) Average selling price increased by 21% to £38 per tonne Profit before interest and tax up 8% to £11.9 million (2007: £11.1 million) Earnings per share up 4% to 15.3 pence per share (2007: 14.8 pence per share) Dividend rebased to 6.0 pence per share for full year (2007: 11.6 pence per share), with final dividend of 2.64 pence per share (2007: 8.24 pence per share), enabling a greater proportion of investment in new, high growth, opportunities to be funded from existing cash resources Planning consent recently received from Nottinghamshire County Council for a 0.5 million tonne regeneration project at Langton – consent from Derbyshire County Council expected in early 2009 Proven coal reserves up 29% to 4.5 million tonnes (2007: 3.5 million tonnes) with total reserves at 8.2 million tonnes (2007: 8.6 million tonnes) Further 1.8 million tonnes increase in proven coal reserves post year end following recent planning successes IFC Corporate statement 01 Highlights 02¦03 at a glance 04¦05 Chairman's statement 08¦11 Chief executive's stat ement 14¦15 Financial review 18¦19 Environment and community 20 Board of Directors 21 Financial ca lendar and advisers 22¦60 Group ac ounts 23¦25 DIRECTORS' REPORT 26¦27 CORPORATE GOVE RNANCE report 28¦30 REMUNERATION committee REPORT 31 Independent Auditors' Report 32 Consolidated income statement 33 Consolidated balance sheet 34 Consolidated statement of changes in equity 35 Consolidated cash flow statement 36¦40 Group acc ounting policies 41¦60 NOTES TO THE group Financial statements 61¦66 Company acc ounts 62 Independent Auditors' Report 63 Company ba lance sheet 64 Company acc ounting policies 65¦66 NOTes to the company financial stat ements 67¦68 NOTICE OF ANNUAL GENERAL METING 69¦70 Appendix and explanat ory notes about the resolutions 71¦72 Form of proxy IBC Corporat e informat ion earnings per share (pence) 15.30p (2007: 14.76 pence) 2008 2007 2006 EBITDA (£Million) £25.7m (2007: £25.2 million) 2008 2007 2006