The profit before income tax is stated after charging:

 
                                  2013     2012 
                                   GBP      GBP 
 Other operating leases         16,020   20,924 
 Depreciation - owned assets    14,822   19,921 
 Auditors' remuneration         10,050    9,000 
 Non audit services              3,450    3,450 
                               =======  ======= 
 
   4.            EARNINGS PER SHARE 

The calculations of earning per share are calculated by dividing the earnings attributable to ordinary shares by the weighted average number of shares in issue during the year. For diluted earnings per share, the weighted average number of ordinary shares is adjusted to assume conversion of all dilutive potential ordinary shares. There are no dilutive ordinary shares.

 
                                                2013           2012 
 
Profit/(Loss) attributable to equity 
 shareholders                             GBP603,068     GBP348,425 
 
Weighted average number of shares      3,395,618,769  3,335,162,802 
 
Basic and diluted earnings per 
 share                                     0.017760p      0.010447p 
 
 
   5.            PUBLICATION OF NON-STATUTORY ACCOUNTS 

The financial information set out in this announcement does not comprise the Group's statutory accounts for the years ended 31 May 2013 or 31 May 2012.

The financial information has been extracted from the statutory accounts of the Company for the years ended 31 May 2013 and 31 May 2012. The auditors' opinion on those accounts was unmodified and did not contain a statement under section 498 (2) or section 498 (3) Companies Act 2006 and did not include references to any matters to which the auditor drew attention by the way of emphasis.

The statutory accounts for the year ended 31 May 2012 have been delivered to the Registrar of Companies, whereas those for the year ended 31 May 2013 will be delivered to the Registrar of Companies following the Company's Annual General Meeting.

   6.            ANNUAL REPORT AND ANNUAL GENERAL MEETING 

The Annual Report will be available from the Company's website www.1pm.co.uk from 9th July 2013 and will be posted to shareholders on or before 19 July 2013. The Annual Report contains notice of the Annual General Meeting of the Company which will be held at the Bailbrook House Hotel, Eveleigh Avenue, London Road West Bath BA1 7JD on 16 August 2013 at 12.30p.m.

This information is provided by RNS

The company news service from the London Stock Exchange

END

FR NKCDNCBKKNOK

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