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Article: CDC: CDC -- Audited results for the year ended 31 December 1998.
- Article from:
- M2 Presswire
- Article date:
- March 30, 1999
CopyrightCOPYRIGHT 1999 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-30 March 1999-CDC: CDC -- Audited results for the year ended 31 December 1998 (C)1994-99 M2 COMMUNICATIONS LTD
RDATE:260399
* CDC is an active investor in emerging market economies expecting to move into the private sector as a Public Private Partnership (PPP)
* Revenue GBP 147m (1997: GBP 158m)
* Operating surplus GBP 110m (1997: GBP 132m)
* Provisions up to GBP 155m (1997: GBP 55m)
* Deficit after tax and provisions of GBP 42m (1997: GBP 64m surplus)