1、Mobile Tornado BB3G Outdoor design,water/dust resistant to IP54Latest Push To Talk technology Push to AlertGPS trackingDual band UMTS,tri band GSM,3G Speakerphone USB connectivity Two cameras-front and back Annual Report and Accountsfor the year ended 31 December 2008Mobile Tornado Annual ReportCove
2、rFinal:Layout 1 29/06/2009 15:05 Page 1PageChairmans report2Directors report5Report of the independent auditor11Consolidated income statement13Consolidated statement of changes in equity14Consolidated balance sheet15Consolidated cash flow statement16Accounting policies17Notes to the financial statem
3、ents23Company balance sheet prepared under UK GAAP36Notes to the Company financial statements37Notice of annual general meeting40Corporate information44Page 1ContentsIntroductionMobile Tornado Group plc,the leading provider of mobile applications to the enterprisemarket,announces its results for the
4、 twelve month period to 31 December 2008.HighlightsManaged service platform launched in the UKPush to Locate(PTL)and Push to Alert(PTA)applications launchedBB3G handset launched containing unique applications suite featuring Push to Talk,PTLand PTAFeasibility study commenced for launch of managed se
5、rvice in the USCosts reduced by annualised 0.7 million currently running at 2 million per annumFinancial ResultsTurnover in the twelve month period to 31 December 2008 amounted to 466,000(18 monthsto 31 December 2007:825,000).Operating losses reduced to 2,087,000(18 months to31 December 2007:4,773,0
6、00).After net financing costs of 132,000(18 months to31 December 2007:net finance income 75,000)the loss on ordinary activities beforetaxation was 2,219,000(18 months to 31 December 2007:4,698,000).Net cash outflowfrom operating activities decreased significantly in the period to 1,609,000(18 months