Company reglstratlon number.. N1066318 Nl Charlty number: 103472 Cushondun 8ulldlng Pr88er¥atlon Trust Company Ilrnlt6d by guarantee UnaudSted fln•nclal ststgments 31 March 2023 Cu8hendun Buildlng Preservatlon Trust Company Ilmlted by guarantee Contents Pagg Directors and other information Trustees, annual report lincorporating the directors, report) Independent examinevs report Slalemenl of income and retained earnings Slalement of financial position 9-10 Notes lo the financial statements Cushendun Building ProsèThatlon Trust ompany limitsd by guarantge Dlrgctor& and other Informatlon Dlrgctor8 Jude McNeill Julie Anlonette Kinsella Paul O'Hara Maria McAllisler Jame5 Skivinglon Frances Swall Gerard Anthony Swall Philippa Kalharine English Anthony Kennedy William Colvin Seana France$ Mcsparran, Fiona Lynch Secretary William Colvin Company numb•r N1066318 Nl charlty numb•r 103472 Reglstor•d offl¢• The Old Church Centre 1 Church Lane Cushendun Co. Anlrim BT44 OPS 8u8lne88 •ddro•• The Old Church Centre 1 Church Lane Cushendun Co. Anlrim 8T44 OPS Accountant• Park McKillop and Company 51 Springwell Street Ballymena Co. Antrim BT43 6AT Pago 2 Cu8hendun Building Prgservation Trust Company limited by guarantee Trusteos. annual report (incorporating the dlrectorfs reporti Period onded 31 March 2023 The Iruslees, who are also the directors for the purpose of company law, present their report and the unaudited rinancial statements of the charity for the period ended 31 March 2023. R8fergncg and admlnistratlve detalls Rogistered charlty name Cushendun Building Preservation Trust Charlty ragiBtration numbgr 103472 Company rggistration numbgr N1066318 Prlnclpal offlce and regi8tèred The old Church Centre office 1 Church Lane Cushendun Co Antrim BT44 OPS Buslness address The Old Church Centre 1 Church Lane Cushendun Co. Antrim BT44 OPS Pagè 3 Cushondun Buildlng Prg8eNatlon Trust Company limited by guaranteg Tru8tees' annual report Ilncorporatlng the dlrectorfs report) Poriod endgd 31 March 2023 Trustees and directors The trustees and directors who served the company during the period were as follows.. Fiona Lynch Maria McAllisler James Skivington Frances Swall Gerard Anthony Swall Jude McNeill Julie Antonette Kinsella Paul O'Hara Philippa Kalharine English Seana Frances Mcsparran Anthony Kennedy William Colvin (Appointed 12 February 20231 (Treasurer) (Director and company SeGrelaryl Accountants Park McKillop and Company 51 Springwell Street 8allymena Co. Anlrim BT43 6AT Structurgl governanc• and managemènt The organisalion is run by a board of Oireclorsrrrustees who are responsible for the general adminislralion and governance of the charity. Following a review of the org8nisations governance and objectives, conducted by Blue Moss Consullanls in early 2021, CBPT formally adopted an updated Memorandum and Articles of Association al the 2021 AGM 711112021. The full Board meet monthly lo lo oversee general management and governance issues. Offi¢e bearers meet weekly to manage day lo day issues. ObjoGtives and activitlos To presetve for the benefit of the people of Cushendun and of the Nation, the historic, archileclural and constructional heritage that may exist in and around Cushendun and lo raise funds so to do. This objective includes managing The Old Church Centre for the prornolion of heritage, art and for community benefit. Staffing The level of staffing has remained constant over the year. Sadly Maeve McAlisler resigned from her position as Marketing and Programme Officer in October 2022 but her position was quickly filled by Seana Mcsparran. The team consists of Steven Byrne (Visitor and Centre Coordinator), Rosemary Farrell (Adminislratorl and Seana Mcsparran (Marketing and Programme Officerl. Statement of complianco In selling out our objectives and carrying out our activities for the year the trustees have given careful consideration to the Charities Commission lor Northern Ireland's guidance on public benefit in order lo ensure that the activities undertaken have helped the Cushendun Building Preservation Tru$t achieve ils purposes as sel out in the Memorandum and that il has provided a benefit lo ils beneficiaries. Page 4 Cushandun 8uildlng Pre8orvation Tru8t Company Ilmlted by guarante• Tru8tee8' annual report {incorporatlng the dlroctorfs roportl Perlod ended 31 Mar¢h 2023 Achi•vomont8 and pèrfomiance The organisalion has successfully completed the restoration of the Cushendun Old Church now known as The Cushendun Old Church Cenlre. This has been achieved with funding from Heritage Lottery Fund, Causeway Coast and Glens Borough Council and other funders who have acknowledged sati$fa¢lory ¢ompletion of the project. Flnanclal rgvlgw The activities in the Old Church Centre continue to flourish and be popular amongst the community. We have weekly groups namely the Cushendun Painting for Pleasure Group, Cushendun Reading Circle and Yoga classes. We have had a number of high profile events al the centre over the year including Cushendun born actor Seamus O'Hara who had returned from Los Angeles the previous week with an Oscar for the short film An Irish Goodbye. Seamus, his ¢olleague James Marlin and the producer and director spent Ihe day in the Centre and hosted 5 screenings of their film and look part in Q- sessions. The Centre played host lo numerou$ evenl$ for Culture Month in September, the highlights being a chartered boat lour from Ballycaslle lo Cushendun learning about the aquatic history of the Sea of Moyle, slorylelling workshops and a talk by the local Red Bay RNLI. Cushendun Big Arts Weekend Continues lo grow from strength lo strength. While these events generate footfall and revenue which ha$ the potential lo meet the core running costs of the Centre they do require addillonal staffing ¢osl$. Cushendun Building Preservation Trust depend$ on an amazing group of ¢ommillee members and volunteers wilhoul whom the achievements of the la$1 year would not have been possible. Thanks are due lo every one of the team. CBPT also gratefully acknowledges the National Heritage Lollery Fund, Causeway Coast and Glens Borough Council and all our other funders. The Centre Gonlinues lo become busier and as the level of activity increase5 so do the demands on the management committee, volunteers and management systems that were pul in place early in the life of the Cenlre. We look forward lo the ¢enlre continuing ils role 88 a thrivin9 venue for Heritage, Arts and the Community al the heart of lile in the Glens. Small company provlslons This report has been prepared in accordan¢e wlth the provislons applicable to Gompanies enlilled lo the small companies exemption. Thi$ report was approved by the board of directors on 2 November 2023 and signed on behalf of the board by.. Anthony Kennedy Trustee Page 5 Cu8hendun Bulldlng Presgrvatlon Trust Company limitgd by guarantee Independent •xamlnor'8 roport to tho ch•rlty tru8t&O8 of Cu8hendun Bulldlng Prn8ervation Trust I report on the aG¢ounls of the company for the year ended 31 March 2023, which are set out on pages 7 to 15. R88P8Ctlva rasponsibilltlos of charlty trusteos and examlner As the Gharity's trustees land also the directors of the company for the purposes of company lawl you are responsible for the preparation of the a¢counls in accordance with the Companies Act 2006. The Iruslees consider that an audit is not required for this year under section 65121 of the Charities Act (Northern Ireland) 2008 Ilhe Charities Acll and that an independent examination 1$ needed. Having satisfied myself that the charity is not subject lo audit under ¢ompany law, and 1$ eligible for independent examination, il is my responsibility lo.. examine the acGounls under section 65 of the Charities Act follow the procedures laid down in the general Dire¢lions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act slate whether particular mallers have come lo my attention Bas18 of Indepondent gxamlner's roport I have examined your ¢harily accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 6519llbl of the Charities Act. The examination included a review of the accounting records kept by the charity and comparison of the aG¢ounls presented with those records. 11 also included consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as charity trustees concerning any such mallers. My role is lo s181e whether any material mallers have ¢ome lo my attention giving me ause lo believe.. 1. That accounllng records were not kept in accordance with section 386 of the Companies Act 2006 2. That the a¢counls do not accord with those accounting records 3. That the a¢counls do not comply with the accounting requiremenls of section 396 of the Companies Act 2006 and with the methods and princlples of the Charllies Slalemenl of Recommended Practice applicable lo charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is further information needed for a proper understanding of the aGGounts lo be reached Pago 6 Cushendun Building Presgrvation Trust Company limitod by guarantoe Independent examiner's statomont I have completed my examination and have no con¢erns in respect of the mallers11} 10141 listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your allenlion. Una McKillop FCA Chartered Accounlanls Ireland 2 November 2023 Park McKillop and Company 51 Springwell Street Ballymena Co. Anlrim BT43 6AT Pag8 7 Cu8hendun Bullding Preservation Trust Company Ilmitgd by guarantee statemènt of income and retalnod &amlng$ Pèrlod gnd8d 31 March 2023 Y8ar ondgd 31103123 Year ended 18103122 Note Turnovor Adminislralive expenses 95,114 194,7051 43,058 142,5601 Operatlng proflt 409 498 Profit b•fore taxation 409 498 Tax on profil Profit for the financl31 perlod and total comprehèn81ve income 409 498 Retained earning8 at thg 8t•rt of the period Rètained oarnlngs at tho end of thg pgriod 5,120 4,622 5,529 5,120 All the a¢tivities of the ¢ompany are from continuing operations. Thè notes on pages 11 to 16 fom part of the88 flnancial statemont$. Page 8 Cu8hendun Building Preservatlon Trust Company Ilmlted by guarantee Statemont of flnanclal position 31 March 2023 31103123 18103122 Nota Fixèd assots Tangible assets 12,831 9.580 12,831 9,580 Current a8set8 Debtors Cash at bank and in hand 4,222 58.408 1,904 7,803 62.630 9,707 Crgdltors.. amounts falllng due within one year 169.932} 114,1671 Net current liabllitles 17,3021 14,4601 Total assets le8s current Ilabllltle8 5,529 5,120 Net as8et8 5,529 5,120 Capital and rgsorvos Profit and loss account 5,529 5,120 Membgrs funds 5,529 5,120 FOT the period ending 31 March 2023 the company was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating 10 Small companies. Directors responsibilities.. The members have not required the company lo obtain an audit of its financial statements for the period in question in accordance with section 476., The directors acknowledge their responsibilities for complying with the requirements of the Act with respect lo accounting records and the preparation of financial slalemenls. These financial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies, regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.. Tho notes on pages 11 to 16 form part of thèsa flnanclal statsments. Pag9 9 Cu8h8ndun Buildlng Presorvatlon Tru8t Company Ilmited by guar•ntO0 Statement of flnanGlal position Icontlnuedl 31 March 2023 These financial slalemenls were approved by the board of directors and aulhonsed for issue on 2 November 2023, and are signed on behalf of the board by.. Anthony Kennedy Director Company registration number.. N1066318 Tho not88 on pagos 11 to 16 form part of these flnanci418tatemonts. Page 10 Cushendun Bullding Prg88rvation Tru8t Company limitgd by guarant80 Not08 to tho financlal 8tatoments Perlod ended 31 March 2023 General Infomatlon The company is a privat& company limited by guarantee, registered in Northern Ireland. The address of the registered office is The Old Church Cenlre, 1 Church Lane. Cushendun, Co. Anliim, B T44 OPS. Statament of compllanc8 The$e financial statements have been prepared in compliance with the provisions of FRS 102, 'The Financial Reporting Standard applieable in the UK and Republic of Ireland,, the Slalemenl of Recommended Practice applicable lo charities preparing their a¢¢ounls in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act (Northern Ireland) 2008. A¢countlng pollcle• Ba81• of proparatlon The financial 81alemenls have been prepared on th8 historical cost basis. as modifiod by the revaluation of certain financial assets and liabilities and investment properties measured al lair value through profit or loss, The financial slalemenls are prepared In slerllng, whl¢h 1$ the functional ¢urren¢y of the entity. Golng concern There are no material uncertainties about the charity's ability to continue, Judgemont• and k•y 8ourc08 of 08tlmatlon un¢ort•lnty The preparation of the financial slalemenls requires management lo make judgements, eslimales and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and are based on experience and other faelors, including expectations of future event5 that are believed lo be reasonable under the ¢ir¢umslances. Fund accountlng Unreslricled funds are available for use 81 the discretion of the trustees to further any of the charity's purposes. Designated funds are unreslricled funds earmarked by the trustee8 for particulaT future projeels or commitment5. Restricted funds are subjected to r$slriclions on their expenditure declared by the donor or through the lems of an appeal, and fall into one of two sub-classes.. restricted income funds oi endowment funds. Page11 Cush8ndun Buildlng Preservation Trust Company Ilmited by guarantee Not88 to thg financial statements Icontinuedl Pfrriod ended 31 MarGh 2023 Turnover All incoming resources are included in the statement of financial activities when enlillemenl has passed to the charity,. il is probable that the economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement lo the gift, receipt is probable and ils amount can be measured reliably. legacy income is recognised when feceipt is probable and enlitlemenl is established. income from donated goods is measured al fair value of the goods unless this is Impractical lo measure reliably. in which case the value is derived from the cost lo the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the deSivery of the contracted service. This is classified as unrestricted funds unless there is a conlraclual requirement for it lo be spent on a particular PLtrpose and returned if unspent, in which case it may be regarded as re5tfflcted. Resources gxpended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial aclivites lo which il relates. expenditure on raising funds includes the costs of all fundraising activities, events. non-¢haritable trading acliviles, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking acliviles that further ils charitable aims for the benefit of the beneficiaries, including those support cost$ and costs relating to the governance of the charity apportioned to charitsble activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of ils expenditure on charitable activities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs are apportioned etween the activites they contribute to on a reasonable, justifiable and consistent basis. Taxation The taxation expense represents the aggTegale amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except lo the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, lax is recognised In other comprehensive income or directly in capital and reserves, respectively. Current lax 1$ recognised on taxable profil for the current and past periods. Current lax is measured al the amounts of tax expected to pay or recover using the lax rates and laws that have been enacted or subslanlively enacted at the reporting date. Deferred tax is recognised in respect of all liming differences al the reporting date. Unrelieved lax losses and other deferred tax assets are recognised to the extent that il is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred lax 1$ measured using the lax rates and law5 that have been enacted or substantively enacted by the reportin9 dale that are expected to apply lo the reversal of the liming difference. Page 12 Cushgndun Building Preservation Trust Company limited by guarant99 Not88 to the flnanclal statements Icontlnued) Perlod ended 31 March 2023 Tangible assgts Tangible assets are initially recorded al cost, and are $ubsequenlly slated al cost less any accumulated depreciation and impairment losses. Any tangible assets carried al revalued amounts are recordèd al the fair value al the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and Teserves, except lo the exlenl il reverses a revaluation decrease of the same asset previously recognised in profil or loss. A decrease the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income lo the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in ¢apilal and re$erve$ in respect of that asset, the excess shall be recognised in profit or loss. Deproclatlon Depreeialion is calculated so as lo write off the cost or valuation of an as$el, less its residual value, over the useful economie life of th81 asset as follows.. Fittings fixtures and equipment 20% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to refleGt the new estimates. Impairmgnt A review for indicators of impairment is carried out al each reporting dale, with the recoverable amount being estimated where such indicators exist. Where the Carrying value exceeds the recoverable amount, the asset Is impaired accordingly. Prior impairments are also reviewed for possible reversal al each reporting dale. When il is not possible lo estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generaling unil lo which the asset belongs. The cash-generaling unit is the smallest identifiable group of assets that includes the asset and generates Ga5h inflows that are largely independent of the cash inflows from other assets or groups of assets. Page 13 Cu8hendun Bullding Presorvatlon Trust Company Ilmited by guarantee Not88 to tho flnanclal statements Icontlnued} Period endod 31 MarGh 2023 Government grant8 Government grants are re¢ognis8d at the fair value of the as5el received or reGeivable. Grants are not recognised until there is reasonable assurance that the Gompany will comply with the conditions allaching lo them and the grants will be received. Government grants are recognised using the acGrual model and the performance model. Under the accrual model. government grants relating lo revenue are recognised on a syslemalic basis over the periods in which the company recognises the related costs for which the grant is intended 10 compensate. Grants that are receivable as compensation for expenses or losses already incurred or lor the purpose of giving immediate financial support lo the entity with no future related costs are recognised in income in the period in which il be¢omes receivable, Grants relating to assets are reeognised in income on a systemaliG basis over the expected useful life of the asset. Where part of a grant relating lo an asset is deferfed. it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future p8rforrnance-r&laled ondilions on the recipient, il is recognised in income when the grant proceed$ are received or feceivable. Where the grant does impose specified future performance-related conditions on the recipient, it is re¢ognised in income only when the performance-relaled condllions have been mel. Where grants received are prlor lo satisfying the revenue recognition criteria, they ar8 r&cognised a$ a Flnancl41 In•trum•nt8 A financial asset or a financial liability is recognised only when the company becomes a paty lo the conlraclual provisions of the in51Tument. Basic financial instruments are initially recognised al the transaction price, unless the arrangement conslilules a finaneing transa¢lion, where il is recognised al the present value of the future payments discounlgd at a market rale ol interest for a similar debt instrument. Debt instruments are subsequently measured al amortised cost, Where inve$lmenls in non-convertible preference $h8res and non-puttable ordinary shares Of preferen¢e shares are publicly traded or Iheif lair value can olhetwise be measured reliably, the investment 18 subsequently measured al fair value with changes in fair value re¢ognised in profil or loss. All other such inveslmenl8 are subsequently measured al cost less impairment. Other financial instruments. including derivatives, are initially recognised al fair value, unless payment for an asset is deferred beyond normal business term5 or financed al a r81e of interest that 1$ not a market rate, in which case the asset is measured al the present value of the future payments discounted 31 a market rale 01 interest for a similar debt inslfumenl. Other financial instruments are subsequently measured al fair value, with any chang85 ￿¢ognISed in profil or loss. with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amorlised cost are reviewed for objective evidence of impairment al the end of each reporting dale. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financi81 as5els that are individually Significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characleri51ics. Any rever$8ls of impairment are recognised in profil or loss immediately, lo the exlenl that the reversal does not result in a carrying amount of the financial as5el that exceeds what the carrying amount would have been had the impairment not previously been recognised. Pago 14 Cu8hèndun Bulldlng Prosorvation Trust Company Ilmit9d by guarantee Notes to thg flnanclal ¥tatoment8 {continuodl Perlod ondgd 31 Mar¢h 2023 D•fIn￿ contrlbutlon plan8 Contributions lo defined contribution plan$ are recognised as an expense in the period in which the related Service is provided. Prepaid ¢onlribulions are recognised as an asset lo the extent that the prepayment will lead to a reduction in future poymenls or a cash refund. When contributions are not expected to be sellled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profil or loss in the period in which il arises. Llmlted by guarantee The company 1$ Ilmiled by guarantee and does not have a share Capital. Every member promi$e$ that if the company is dissolved while he or she remains a member, or within twelve months thereafter, lo pay £1 towards the cost of dissolution and the liabilities incurred by the company whilst the conlribulor was a member. Employ00 numb•r8 The average number of persons employed by the company during the p8riod amounted lo 212022.. 11. Proflt befor• taxatlon Profil before taxation is stalèd after chargingllcreditingl.. Year ended 31103123 Year ended 18103122 Depreciation of tangible assets 3,207 2,393 Page 15 Cushendun Building Pre$oNatlon Trust Company limited by guarantee Notes to tho financlal stat8ments Icontlnuodl Perlod ended 31 March 2023 Tangible assots Fixtures, fillings and equipment Total Cost Al 19 March 2022 Additions 16.258 6.458 16,258 6,458 At 31 March 2023 22,716 22.716 Depr9ciation At 19 March 2022 Charge for the year 6,678 3,207 6.678 3,207 At 31 March 2023 9,885 9,885 Carying amount At 31 March 2023 12.831 12,831 At 18 March 2022 9.580 9,580 Debtors 31103123 18103122 Other debtors 4,222 1,904 Creditors: amounts falllng due within one yoar 31103123 18103122 Trade creditors Social security and other taxes Other creditors 10,800 1,226 57,906 10,800 654 2,713 69.932 14,167 Page16 Cushendun Building Preservatlon Trust Company Ilmlted by guarantee Th• followlng page8 do not form part ofthe statutory accounts. Cushendun Bullding Presgrvatlon Trust Company limited by guaranteg Detailgd incoma statement Period ond8d 31 March 2023 Y8ar endod 31103123 Year ended 18103122 Turnover Events income Booksale and fundraising proceeds Venue hire CC & G grants received Heritage Lollery grants received DAERA Grant Community Foundation small grants NACN- Small equipment grants QU8 Film grant received 22,273 11,009 7,537 7,418 37,644 433 8,800 5,573 9,692 4,903 192 22,173 25 500 95,114 43,058 Gross profit 95.114 43,058 Gr088 proflt per¢entsg8 100.0% 100.0% Overheads Adminlstrative exponsos Wages and salaries Subcontract labour Staff pension costs - adminislralive costs Training costs Rent payable Events expenses Rates Insurance Light and heal Repairs and maintenance Printing, postage and slalionery Advertising Telephone Computer costs Consultancy costs Building restoration project Bank charges General expenses Subscription5 Depreciation of tangible assets 132,097) 12,412) {359} 1150} 11681 129,4521 11621 {1,9041 12,5171 {10,7141 >11,1111 13,9511 11,2881 15661 112,7761 11201 15501 1841 19,8621 11531 11,7531 11.6121 13,8301 11,4491 11,0881 19151 16531 11,3981 12,0221 11361 11,2661 15001 12,393) 11951 12,3261 12, 1261 {3,2071 194,705) 142,5601 Cushendun Bulldlng Preserrfation Trust Company Ilmlted by guarantge Dgtailed incomg ststoment Icontinuedl Pgriod onded 31 March 2023 Yéar ended 31103123 Year ended 18103122 Operating profit 409 498 Operating proflt percontage 0.4¥0 1.2% Proflt beforo taxation 409 498