IFRS accounts for 2006

2 Jul 2007 13:05

Hydro International PLC02 July 2007 Hydro International plc News Release Hydro International plc releases IFRS accounts for 2006 Today Hydro International plc releases restated consolidated information for theyear ended 31 December 2006, applying International Financial ReportingStandards (IFRS). The purpose of this release is to help investors understand the changes whichwill impact upon the company's accounts from the 2006 financial year as a resultof the introduction of IFRS. These changes come into effect this year for allcompanies listed on the Alternative Investment Market (AIM). The key headlines from the restated accounts are: • No change to underlying business performance • Small impact to reported 2006 profit (profit after tax increases by £103,000) • No impact to group pre-tax cash flow This press release and accompanying financial information is available on thecompany's website, at www.hydro-international.biz/other/aim.php Contacts: Tony Hollox +44 (0) 1275 878371Finance Director tony.hollox@hydro-international .co.uk 2 July 2007 This information is provided by RNS The company news service from the London Stock Exchange