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Apple Commuters Finance Assignment
75,982 58,900
Net profit for this year 23,333 22,082
Dividends Paid -5,000 -5,000
94,315 75,982
Share Capital 2002 2001
Rand (000's) Rand (000's)
Opening Balance 3,500 3,500
Issue of new shares - -
repurchase of shares - -
3,500 3,500
Long Term Borrowings 2002 2001
Rand (000's) Rand (000's)
Bond - Repayment Due 2003 3,498 3,298
Bond - Repayment Due 2004 3,298 3,234
Bond - Repayment Due 2005 3,234 5,425
10,030 11,957
Off Balance Sheet Financing 2002 2001
Rand (000's) Rand (000's)
Value of leased fleet 40,597 40,390
4,029 3,949