1、for the year ended 31 December 2012AnnuAl RepoRt And Accounts PageChairmans report2Directors report6Report of the independent auditor12Consolidated income statement14Consolidated statement of comprehensive income14Consolidated statement of changes in equity15Consolidated statement of financial posit
2、ion16Consolidated statement of cash flows17Accounting policies18Notes to the financial statements23Company balance sheet prepared under UK GAAP35Notes to the Company financial statements36Notice of Annual General Meeting40Corporate information44ContentsPage 1IntroductionMobile Tornado Group plc,the
3、leading provider of instant communication mobile applicationsto the enterprise market,announces its results for the twelve month period to 31 December2012.Operational highlightsDeal closed with Tier 1 mobile operator in FrancePartnership agreement with Cellhire plc,short-term hire market leaderInsta
4、nt communications platform deployed at London Olympic GamesTechnical development around Homeland Security marketFinancial resultsI am pleased to report a year of significant progress.Whilst we are yet to see this momentumreflected in the Groups financial performance,I am confident that the deals we
5、successfullyclosed in the year,together with the work undertaken to deliver them,has set the foundationsfor a very exciting year ahead.We have recorded a loss for the year of 1,688,000 comparedto 1,092,000 in the previous year.Revenues of 1,453,000 compared to 2,047,000recorded in 2011 and Group ope
6、rating losses were 1,329,000 compared to 816,000 in theprevious year.The increase in activity,particularly with larger customers,has lead to an increase in operatingexpenses to 2,506,000(2011:2,170,000)which has impacted the results for the period.The decline in revenue is largely explained by a red