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Extracts from the Financial Statements for the Year Ended March 2002:

Principal activity of the business in the year
The principal activity of the company during the year ended 31st March 2002 was the sourcing and marketing of general interest videos and DVD's to the retail trade.

Overview of the company
The Contender Entertainment Group is a leading independent video distribution company and book publisher that acquires the rights to or produces material for distribution on retail home video in the UK and in book formats in the following genres: children's; television series; nostalgia; and celebrity driven general entertainment. The company was incorporated in 1994 and began trading in 1995.

The company's vision is to Build Entertainment Brands.

The company's mission is to be the leading independent consumer entertainment company in the UK: to use these skills, contacts and profits to develop third party home entertainment brands and to create and control our own Intellectual Properties.

Business review
There was an operating profit of 805,412 in the year (2001: 614,059).
There was a profit for the year after taxation amounting to 466,243 (2001: 441,144). The directors recommend the payment of an ordinary B share dividend of 50p per share.

s During the year the company purchased the business of Star Kids Limited. The company capitalised the intellectual property rights to "Janet and John" and wrote off the remainder of the costs.

Contact
For more information about Contender's financial results, please contact Charles Ogilvie, Finance Director at cogilvie@contendergroup.com