Triple Point Income VCT PLC Final Results -5-
May 30 2014 - 6:03AM
UK Regulatory
Date of first Valuation Valuation for the year TP Income by TPIM managed
investment Cost GBP GBP Method GBP'000 % funds %
30-Mar-11 2,150,000 2,150,000 At cost 74 46.83 96.92
Summary of Information from Investee Company Financial
Statements ending in 2012: GBP'000
Turnover 460
Earnings before interest, tax, amortisation and depreciation
(EBITDA) 24
Loss before tax (155)
Net assets before VCT loans 4,029
Net assets 1,154
Biomass Future Generation Ltd has funded the construction of a farm based
Anaerobic Digestion plant in Hertfordshire. The plant is fully operational
and utilises agricultural feed stocks, which are converted into a methane
rich biogas, in order to produce green electricity using a 1 MW Jenbacher
CHP (combined heat and power) engine. The business derives its revenues
from both the export and sale of the electricity it produces, as well as
from Feed-in Tariffs to which it is entitled for the production of green
electricity; these provide the company with 20 years of RPI linked cash
flows. At the current time, having been operational through a full season
post start-up and with new harvest feedstock having been delivered, the
plant is operating well.
--------------------------------------------------------------------------------------------------------------
Cmore Energy Ltd
Equity
Income recognised Held
by TP Income by TP Equity Held
Date of first Valuation Valuation for the year Income by TPIM managed
investment Cost GBP GBP Method GBP'000 % funds %
Discounted
03-Apr-13 1,000,000 1,069,000 cashflow 0 21.21 21.21
Summary of Information from Investee Company Financial
Statements ending in 2013: GBP'000
Turnover 0
Earnings before interest, tax, amortisation and depreciation
(EBITDA) (54)
Loss before tax (51)
Net assets before VCT loans 4,228
Net assets 4,228
Cmore Energy Ltd is a renewable electricity generator which owns and operates
a ground mount solar PV site in Herefordshire. The company acquired the
solar farm in July 2013 and receives revenues from the sale of power and
associated renewable energy certificates, namely ROCs and LECs.
------------------------------------------------------------------------------------------------------------
Digima Ltd
Income recognised Equity
by TP Income Held by Equity Held
Date of Valuation Valuation for the year TP Income by TPIM managed
first investment Cost GBP GBP Method GBP'000 % funds %
Discounted
31-Mar-09 1,262,000 1,249,000 cashflow 113 18.42 67.74
Summary of Information from Investee Company Financial
Statements ending in 2013: GBP'000
Turnover 1,862
Earnings before interest, tax, amortisation and depreciation
(EBITDA) 1,781
Profit before tax 133
Net assets before
VCT loans 3,271
Net assets 1,340
Digima Ltd provides digital projection systems to the cinema industry.
It owns, operates and maintains the equipment, upgrading the projection
room from traditional 35mm film projectors to a fully DCI (Digital Cinema
Initiative) compliant digital cinema system. During the year, it acquired
the whole of the share capital of a smaller company, Big Screen Digital
Services Ltd, whose installations are in the UK and Italy. It operates
across the UK and Italy, now covering 231 screens.
-------------------------------------------------------------------------------------------------------------------
Digital Screen Solutions
Ltd
Income recognised Equity Equity Held
by TP Income Held by by TPIM
Date of Valuation Valuation for the year TP Income managed
first investment Cost GBP GBP Method GBP'000 % funds %
Discounted
31-Mar-09 2,020,000 2,028,000 cashflow 133 23.40 83.43
Summary of Information from Investee Company Financial
Statements ending in 2013: GBP'000
Turnover 1,858
Earnings before interest, tax, amortisation and depreciation
(EBITDA) 1,771
Loss before tax (103)
Net assets before VCT
loans 3,271
Net assets 1,340
Digital Screen Solutions Ltd is a provider of cinema digitisation equipment.
During the year, it acquired the whole of the share capital of a smaller
company, 21st Century Cinema Ltd, all of whose installations are in the
UK. It now owns, maintains and operates digital projection equipment at
cinemas in the UK and Italy, covering 229 screens. Digital cinema projection
conversion is paid for under the globally recognised Virtual Print Fee
model, through which film studios pay for the cost of the deployment over
a number of years with the majority of the company's revenues deriving
ultimately from the six major investment grade Hollywood Studios.
----------------------------------------------------------------------------------------------------------------
Elementary Energy Ltd
Income recognised Equity Equity Held
by TP Income Held by by TPIM
Date of first Valuation Valuation for the year TP Income managed
investment Cost GBP GBP Method GBP'000 % funds %
18-Mar-13 2,253,000 2,253,000 At cost 53 49.97 49.97
Summary of Information from Investee Company Financial
Statements ending in 2013: GBP'000
Turnover 0
Earnings before interest, tax, amortisation and depreciation
(EBITDA) (29)
Loss before tax (32)
Net assets before VCT loans 2,163
Net assets 623
Elementary Energy Limited is currently constructing a 500kw run-of-river
hydro-electric power plant near Fort William. The plant is forecast to
start operating in December 2014 and will earn Feed-in-Tariffs from the
generation and export of electricity.
---------------------------------------------------------------------------------------------------------
Furnace Managed Services Ltd
Triple Point (LSE:TPV1)
Historical Stock Chart
From Jun 2024 to Jul 2024
Triple Point (LSE:TPV1)
Historical Stock Chart
From Jul 2023 to Jul 2024
