Year ending 30 June 2013
OVERALL:
- At year end, the Company remained in a strong financial position with cash of $13 million
- A further $15 million of new contacts have been secured in the first quarter of this financial year.
- BP Santos,Caltex, Shell, Exxon, Mobil, Simpson, Constructio,FMG,Stolthaven,Koppers Transfield Services.
- There were no changes in the board of directors this year.
- During the financial year, the principal activities of Saunders were design, construction and maintenance of steel storage tanks and the project management of ancillary facilities.
2013
- Saunders International has won contracts on previously stalled and delayed projects, and has made progress on these projects.
- This profit was achieved on revenue of $60.5 million which was a 31.5% increase on the previous year.
- During the 2013 financial year, Saunders revenue was $60.5 million. This represents a 31.5% increase on the prior year.
- The Net Profit after Tax increased by 29.5% to $5.8 million (2012: $4.5 million).
- The directors consider the Company to be in a strong financial position at year end.
- During this financial year, the number of employees ranged between 179 and 221 and it was 196 at year end.
- Saunders International used Deloitte for their auditing services again this year.
Hi Evelyn,
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Hi Evelyn!
ReplyDeleteWow!! I love your blog. Firstly I adore the colourful layout and design. I also really like how you separated your KCQ's into each year. Nice comparison of accounting to sewing by the way. I would have never have thought to look at it that way before. I guess that just shows that accounting really is a very useful part of life and can be seen most anywhere...
Cheers,
Kaitlyn