GP Industries

[noob_investor]

I noticed that the P&L statements in FY 14 annual report and FY 13 annual report shows very different figures. I suppose it is accounting policies changes? Then why is it that the impact is so great on the sales 200+ to 900+? Any help is appreciated.

[mohican]

I noticed that the P&L statements in FY 14 annual report and FY 13 annual report shows very different figures. I suppose it is accounting policies changes? Then why is it that the impact is so great on the sales 200+ to 900+? Any help is appreciated.

GP Batteries which was previously accounted for as an associate is now consolidated into as a subsidiary. There is a more detailed explanation in the FY2013/2014 results announcement.

[noob_investor]

I noticed that the P&L statements in FY 14 annual report and FY 13 annual report shows very different figures. I suppose it is accounting policies changes? Then why is it that the impact is so great on the sales 200+ to 900+? Any help is appreciated.

GP Batteries which was previously accounted for as an associate is now consolidated into as a subsidiary. There is a more detailed explanation in the FY2013/2014 results announcement.

Thanks. This will also mean that it is difficult to do a 10 year analysis based purely on the historical Annual Reports.

My accounting is not good. As an associate, it is only contributing less the % holding of the parent to the top and bottom line? then on consolidation, the full results (i.e 100%) of it's subsidiary is consolidated into the P&L regardless of the % holding of the parent?

[greengiraffe]

GPI has bought back 1.878m in its own shares since 1 Sept... when will it stop?

[cyclone]

As a result of continual share buy-back, as at 14 November 2014, Gold Peak now holds 84% of outstanding shares.

[cyclone]

60 cents sgd per share, the highest price paid for share buy-back year to date.

[cyclone]

Today's transaction volume was 110 lots, all were bought by GP Industries at price between 59.5 cents and 60 cents.

[cyclone]

Out of today's 245 lots volume, GP Industries took 244 lots, all at 60 cents.
As at now, number of issued shares excluding treasury shares after purchase are 489,774,482 shares.

[cyclone]

63 cents sgd per share, the highest price paid for share buy-back year to date. Today it bought back 65,000 shares.

[cyclone]

Request for Trading Halt : Pending the release of an announcement.