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KAPCO |
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3p in H1 2000 -- PBIT (excluding exceptional items) up 51% to (pound)229 million from (pound)152 million in H1 2001 -- Operating cash flow of (pound)221 million up from (pound)107 million in H1 2001 -- Strong balance sheet - Gearing 51%; Debt Capitalisation 34% -- Exceptional items - net charge of (pound)21 million (pre-tax) -- (pound)24 million KAPCO dividend (Pakistan) - settlement of past receivables -- Deeside impairment of (pound)45 million International Power today announces that it has received the first dividend payment from KAPCO since 1998. The agreement gives both parties a clear framework for addressing KAPCO governance issues and certain technical and operational issues at the power station. |
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