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It must be noted that the previous year of comparison represented fifteen months of operations versus the twelve months in the current year. This represents an increase of KD 7.75 million or 52 percent if we excluded the additional quarter in the previous year. Total assets stood at KD 290.71 million as at 31 March 31 2013 compared to KD 256.09 million on 31 March 2012,Longchamp, representing an increase of 14 percent or KD 34.63 million. Investments in associate companies increased 9 percent or KD 3.86 million during the said financial year.
HARDWARE giant Bunnings opened its new $46 million warehouse at Arundel yesterday as it continues an aggressive expansion throughout Australia and New Zealand.The Wesfarmers-owned chain plans to roll out a further 27 outlets in Australia and New Zealand next year.That will include 10 new Queensland outlets, five of which are on the Gold Coast,hotelwestpoint, including a new multi-level concept store which is currently under development at a Burleigh Heads site.Bunnings also recently revealed it is looking at potential sites at Robina.The 15,www.hotelwestpoint.com/?page_id=62&lang=en,500sq m Arundel outlet replaces the former Harbour Town warehouse,hotelwestpoint, is double the size and features triple the amount of displays. It includes parking for 470 cars.Total staff numbers have increased from 100 up to 160. The staff include existing Harbour Town team members,Cheap Prada Outlet Shop Online Sale Prada bags and Prada handbags. Free Shipping!, all of whom have relocated to the Arundel site,Cheap burberry Outlet Shop Online Sale burberry bags and burberry handbags. Free Shipping!, and a number of new staff including qualified tradespeople,http://www.hotelwestpoint.com/?p=435&lang=en, Bunnings director of merchandising and store development, Clive Duncan,hotelwestpoint, said. We d outgrown the store at Harbour Town,tory burch outlet, which we acquired through the acquisition of Hardware House and which had been operating for about 15 years. This is a purpose-built facility which has allowed us to add new categories and new product ranges. The Harbour Town Bunnings warehouse closed last Sunday.The five Gold Coast outlets -- which also include Southport,Prada handbags, Nerang and Oxenford -- take Bunnings total investment in the city to more than $200 million.Mr Duncan said the rollout of new stores was part of Bunnings long-term store network upgrade program.Wesfarmers has launched a $300 million sell-off of Bunnings sites around Australia in a capital-raising which will fund future expansion plans.A similar tranche is planned for release next year.Mr Duncan said the opening of the Arundel warehouse on Brisbane Rd represented a significant investment by Bunnings in the Gold Coast. We see the Gold Coast as a significant growth opportunity,oakley outlet, he said. This region is a growth area and we plan further expansion here. It is a very important part of our overall rollout throughout Australia and New Zealand.
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