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Arcon Int.Resources (AIN)

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Thursday 29 April, 2004

Arcon Int.Resources

Further re Prelims

Arcon International Resources PLC
29 April 2004


Further to the Preliminary Results Announcement releaserd 29.04.04 at 17:16 
Under RNS number 1698Y please be advised that the figure for stocks on the
balance sheet read 9300 and should have read 930.
This table has been amended and is shown below.


                                           Group              Company
                                      2003      2002       2003     2002
                                     €'000     €'000      €'000    €'000
Fixed assets
Mineral interests                   19,251    22,599        354      297
Tangible assests                     8,767    11,027         21       29
Financial assets                        -        -       47,985   64,382
                                     ______     _____     ______  _______
                                    28,018    33,626     48,360   64,708
                                     ______    ______     ______  _______
Current assets
Stocks                                 930     1,154        -          -
Debtors                              1,531     1,172         59       90
Cash at bank and in hand             3,880     1,885      1,241       16
                                      _____    ______      _____     ____
                                     6,341     4,211      1,300      106
Creditors: Amounts falling
due within one year                (14,457)  (10,284)    (1,440)  (1,434)
                                    _______     _____     ______   ______
Net current liabilities             (8,116)   (6,073)      (140)  (1,328)
                                     ______    ______     ______   ______
Total assets less current 
liabilities                         19,902    27,553     48,220   63,380
Creditors: Amounts falling
due after more than one year        (8,912)   (8,681)   (14,336) (14,545)
Provision for liabilities           (4,556)   (4,530)     -          -
and charges                          ______    ______    _______  _______
Net assets                           6,434    14,342     33,884   48,835

Capital and reserves
Called up share capital             31,770    30,189     31,770   30,189
Capital conversion reserve           1,002     1,002      1,002    1,002
Share premium                       81,359    77,608     81,232   77,481
Profit and loss account           (105,147)  (95,465)   (80,120) (59,837)
Foreign currency translation        (2,550)    1,008       -        -
reserve 
                                   ________  ________  _________  ________

Shareholders' funds - equity         6,434    14,342     33,884   48,835




                      This information is provided by RNS
            The company news service from the London Stock Exchange
                              

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