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(INFO.L) Infoscreen Networks PLC Buy/Sell

1 : 1.25 (+0%) 1.125000 Add to portfolio Set Alert Level 2 Desktop Trader

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Current Market Information
Time:16:05
Bid	1.00
Ask	1.25
Price	1.12
Previous	1.12
Change	+0 (+0.00%)
Last Trade	1.12 ()
Trading Vol.	0
Today's High	0.00
Today's Low	0.00
Currency	GBX
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Recent News
Date/Time	Headline	Source
08-04-08	Infoscreen Networks PLC - Adviser Change of Name	PRN
INFOSCREEN NETWORKS PLC ("THE COMPANY") ADVISER CHANGE OF NAME Infoscreen Networks plc announces that its nominated adviser has changed its name from City Financial Associates Limited to Dowgate Capital Advisers Limited with effect from 4 April 2008. Further, the Company also announces that its broker has changed its name, from Ellis Stockbrokers Limited to Dowgate Capital Stockbrokers Limited with effect from 4 April 2008. For further information please contact: Infoscreen Networks plc Amarjit Chhina, Chief Executive Officer Tel: 00 603 23 302 700 Nominated Adviser Dowgate Capital Advisers Limited James Caithie Tel: 020 7492 4777 Broker Dowgate Capital Stockbrokers Limited Neil Badger Tel: 01293 517 744 END More
01-04-08	Infoscreen Networks PLC - Change of Adviser	PRN
INFOSCREEN NETWORKS PLC APPOINTMENT OF BROKER The Board of Infoscreen Networks plc is pleased to announce the appointment of Ellis Stockbrokers Limited as Broker to the Company with immediate effect. City Financial Associates will remain as the Company's Nominated Adviser. For further information please contact: `Amarjit Chhina, Chief Executive Officer Tel: 00 603 23302700` Infoscreen Networks plc `James Caithie, Nominated Adviser Tel: 020 7492 4777` City Financial Associates Limited `Neil Badger Tel: 01293 517 744` Ellis Stockbrokers Limited END More
31-03-08	Infoscreen Networks H1 pretax profit up slightly	AFX UK Focus
LONDON (Thomson Financial) - Infoscreen Networks Plc. reported a slightly higher first-half pretax profit mainly helped by increased interest income. The digital media company posted a pretax profit of 159,003 pounds for the period to end-December 2007 compared with 151,103 pounds in the year-ago period. Total revenue from continuing operations came in at 336,669 pounds from 343,923 pounds. Its interest income on cash and bank deposits increased to 91,884 pounds from 73,164 pounds. TFN.newsdesk@thomson.com kkb/ajb COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. More
31-03-08	Infoscreen Networks PLC - Half-yearly Report	PRN
INFOSCREEN NETWORKS PLC ("the Group") INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2007 Chairman's Statement Results for the Period I am pleased to present the results for the six-month period to 31 December 2007 which incorporate the results of the wholly-owned Malaysian subsidiary, YTL Info Screen Sdn. Bhd. ("YTL Info Screen"). Revenue for the period was £336,669. The Group recorded a 5.2% increase in profit before taxation to £159,003, and a 7.9% increase in profit after tax to £116,978, helped by a 25.6% increase in interest earned on the Group's cash and bank deposits. Earnings per share was 0.04 pence, and the Group's cash and bank deposits at the end of the period grew to £3.43 million. Net assets grew to £ 3.52 million at 31 December 2007 from £3.39 million as at 30 June 2007. YTL Info Screen continues to dominate the digital narrowcast media sector in Malaysia, both as a digital media network owner and operator and as a developer of digital media solutions, and remained the Group's key operating contributor during the period. Contact: `Infoscreen Networks plc 00 603 23302700` Amarjit Chhina, Chief Executive Officer `City Financial Associates Limited 020 7492 4777` James Caithie INFOSCREEN NETWORKS PLC Condensed Consolidated Income Statement For the 6 months to 31 December 2007 `Unaudited Unaudited Audited` `6 months to 6 months to Year Ended` `31 Dec 2007 31 Dec 2006 30 June 2007` `Note £ £ £` Revenue `Continuing operations 336,669 343,923 664,390` `Cost of sales (138,627) (151,522) (277,369)` `Gross profit 198,042 192,401 387,021` `Administrative expenses (130,923) (114,462) (334,507)` `Operating profit 67,119 77,939 52,514` `Interest income and similar 91,884 73,164 156,676` income `Profit on ordinary activities 159,003 151,103 209,190` before taxation `Tax on profit on ordinary 2 (42,025) (42,747) (71,007)` activities `Profit on ordinary activities 116,978 108,356 138,183` after taxation `Dividend - - -` `Retained earnings for the 116,978 108,356 138,183` period `Earnings per share (basic and 3 0.04 0.04 0.05` diluted) (pence) INFOSCREEN NETWORKS PLC Condensed Consolidated Balance Sheet As at 31 December 2007 `Unaudited Unaudited Audited` `6 months to 6 months to Year Ended` `31 Dec 2007 31 Dec 2006 30 June 2007` `Note £ £ £` ASSETS Non-current assets `Intangible assets 74,327 85,566 83,606` `Property, plant and equipment 23,585 39,568 26,720` `Total non-current assets 97,912 125,134 110,326` Current assets `Trade and other receivables 168,178 197,286 201,272` `Cash and cash equivalents 4 3,431,072 3,207,944 3,316,057` `Total current assets 3,599,250 3,405,230 3,517,329` `Total assets 3,697,162 3,530,364 3,627,655` EQUITY AND LIABILITIES Equity attributable to equity holders of the Company `Ordinary shares 3,000,000 3,000,000 3,000,000` `Other reserves 16,286 (2,255) (1,699)` `Unappropriated profits 508,558 361,753 391,580` `Total Equity 3,524,844 3,359,498 3,389,881` Non-current liabilities `Deferred taxation 5,521 11,034 5,274` Current Liabilities `Trade and other payables 166,797 159,832 232,500` `Total Liabilities 172,318 170,866 237,774` `Total equity and liabilities 3,697,162 3,530,364 3,627,655` INFOSCREEN NETWORKS PLC Condensed Consolidated Statement of Changes in Equity For the 6 months to 31 December 2007 `Attributable to Equity Holders` `Non- Distributable` `distributable` `Share Other Unappropriated Total` `Reserves Profits` `Capital £` `£ £` `£` `Balance as at 1 July, 3,000,000 5,541 253,397 3,258,938` 2006 `Currency translation - (7,796) - -` differences `Expenses recognized - (7,796) - (7,796)` directly in equity `Profit for the period - - 108,356 108,356` `Total recognized - (7,796) 108,356 100,560` income and expenses for the period `Balance as at 31 3,000,000 (2,255) 361,753 3,359,498` December, 2006 `Balance as at 1 July, 3,000,000 (1,699) 391,580 3,389,881` 2007 `Currency translation - 17,985 - -` differences `Income recognized - 17,985 - 17,985` directly in equity `Profit for the period - - 116,978 116,978` `Total recognized - 17,985 116,978 134,963` income and expenses for the period `Balance as at 31 3,000,000 16,286 508,558 3,524,844` December, 2007 INFOSCREEN NETWORKS PLC Summary Consolidated Cash Flow Statement For the 6 months ended 31 December 2007 `Unaudited Unaudited Audited` `6 months to 6 months to Year Ended` `31 Dec 2007 31 Dec 2006 30 June 2007` `Note £ £ £` Cash flows from operating activities `Net cash inflow from operating 5 46,256 158,506 136,675` activities `Interest received 91,884 73,164 155,976` `Taxation (31,569) (53,862) (86,495)` `Net cash inflow from operating 106,571 177,808 206,156` activities Cash flows from investing activities `Purchase of property, plant (3,408) (1,003) (3,871)` and equipment `Purchase of intangible assets - (82,906) (501)` `Acquisition of subsidiary - (700) -` undertaking `Net cash acquired from - 700 -` subsidiary undertaking `Net cash used in investing (3,408) (83,909) (4,372)` activities `Increase in cash in the period 103,163 93,899 201,784` / year `Effects of exchange rate 11,852 (3,177) (2,949)` changes `Cash and cash equivalents 3,316,057 3,117,222 3,117,222` brought forward `Cash and cash equivalents 3,431,072 3,207,944 3,316,057` carried forward INFOSCREEN NETWORKS PLC Notes to financial statements For the 6 months ended 31 December 2007 * Basis of preparation The comparative financial information for the period ended 31 December 2006 and the year ended 30 June 2007 has been extracted from the interim and annual financial statements of Infoscreen Networks PLC and is re-presented in accordance with the adopted IFRS. The financial statements have been prepared under the historical cost convention. Infoscreen Networks PLC's consolidated financial statements were prepared in accordance with UK GAAP until 30 June 2007. The date of transition to IFRS was 1 July 2007. The disclosures required by IFRS1 concerning the transition from UK GAAP to IFRS are explained in Note 6. These interim results for the period ended 31 December 2007, which are not audited have been prepared for the first time in accordance with the IFRS and do not comprise statutory accounts within the meaning of section 240 of the Companies Act 1985. Full audited accounts of the Group in respect of that financial period in accordance with UK GAAP, which received an unqualified audit opinion and did not contain a statement under either section 237(2) or (30) of the Companies Act 1985, have been delivered to the Registrar of Companies * Income Tax The tax charge accrued in these interim results reflects an estimated tax rate of 26% (2006: 28%). The lower effective tax rate compared to the statutory tax rate was largely due to lower tax rate in other jurisdiction. * Earnings per share Basic earnings per ordinary share has been calculated using the weighted average number of shares in issue during the financial period. The weighted average number of equity shares in issue was 300,000,000 and the profit after tax was £116,978. INFOSCREEN NETWORKS PLC Notes to consolidated financial statements For the 6 months ended 31 December 2007 * Cash and cash equivalents Cash and cash equivalents consist of: - `Unaudited Unaudited Audited` `6 months to 6 months to Year Ended` `31 Dec 2007 31 Dec 2006 30 June 2007` `£ £ £` Net cash: `Cash at bank 14,013 6,327 8,397` Liquid resources: `Short-term bank deposits 3,417,059 3,201,617 3,307,660` `Cash and cash equivalents 3,431,072 3,207,944 3,316,057` * Cash inflow from operating activities `Unaudited Unaudited Audited` `6 months to 6 months to Year Ended` `31 Dec 2007 31 Dec 2006 30 June 2007` `£ £ £` `Profit on ordinary activities 159,003 151,103 209,190` before taxation `Amortisation of intangible 9,297 - 9,345` assets `Depreciation of property, 7,797 15,197 28,988` plant and equipment `Property, plant and equipment - - 2,038` written off `Provision for doubtful debts - - 14,096` `(Increase) / decrease in 36,008 (32,294) (46,911)` receivables `(Decrease) / increase in (73,965) 97,664 76,605` payables within one year `Interest income and similar (91,884) (73,164) (156,676)` income `Net cash inflow from 46,256 158,506 136,675` operating activities INFOSCREEN NETWORKS PLC Notes to consolidated financial statements For the 6 months ended 31 December 2007 * Explanation of transition to IFRS The adoption of IFRS has not resulted in significant changes to the Group's accounting policies. As such the transition from UK GAAP to IFRS has mainly resulted in presentational changes to Group's financial statements. There have been no material adjustments required with the adoption of IFRS by the Group. * Availability of accounts Copies of the interim report will be available to the public from the Company Secretary at the Company's registered office, Staple Court, 11 Staple Inn Buildings, London WC1V 7QH. * Audit The financial information contained in the accounts does not constitute full accounts within the meaning of the Companies Act 1985. The results for the half year to 31 December 2007 are unaudited. END More

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