DANGOTE SUGAR REFINERY PLC. CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (For Other Companies
DANGOTE SUGAR REFINERY PLC CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (For Other Companies)
Revenue Cost of Sales Distribution/Admin and Other Expenses Other Income Financial Charges Profit/Loss Before Tax Taxation Profit/Loss After Tax Other Comprehensive Income/Loss Total Comprehensive Income/Loss Profit/Loss After Tax Attr. To Noncontrolling Int Profit/Loss After Tax Owners of the Company Total Comp. Inc.Attr. to Non-Controlling Interest Attributable to Owners of the Company Basis Earnings per Share Fully Diluted Earnings per Share
GROUP GROUP COMPANY COMPANY 30 SEPT 2015 30 SEPT 2014 30 SEPT 2015 30 SEPT 2014 COMPANY Current Prior Period Current Prior Period % Change Prior Year N'000 N'000 N'000 N'000 73,046,297 73,796,651 72,080,616 73,049,044 (1.33) 54,279,010 55,960,978 52,944,836 54,927,658 (3.61) 3,910,255 4,167,495 3,206,942 3,382,963 (5.20) 258,055 610,198 227,152 572,619 (60.33) 890,853 306,391 877,166 229,000 283.04 14,224,234 13,971,985 15,278,825 15,082,042 1.30 4,889,224 4,826,253 4,889,224 4,826,253 1.30 9,335,010 9,145,732 10,389,601 10,255,789 1.30
9,335,010
9,387,740
(52,730) 9,335,010 104 104
9,145,732
10,389,601
9,201,234
10,389,601
(55,503) 9,145,731 102 102
10,389,601 115 115
10,255,789
1.30
10,255,789
1.30
10,255,789 114 114
1.30 1.30 1.30
DANGOTE SUGAR REFINERY PLC CONSOLIDATED STATEMENT OF FINANCIAL POSITION (For Other Companies)
Property, plant and equipment Deferred Tax Assets Investment property
Beginning of GROUP GROUP COMPANY COMPANY % Change Prior Year 30 SEPT 2015 30 SEPT 2014 30 SEPT 2015 30 SEPT 2014 N N'000 N'000 N'000 N'000 N'000 10.92 29,346,717 51,358,848 46,640,823 28,109,017 25,342,151 2,488,822 555,465 #DIV/0! #DIV/0! 269,732 -
Biological assets Intangible Assets Investments accounted for using the equity method Other assets Non-current asset held for sale and disposal groups Total Non Current Assets Inventories Other assets Debtors and Other Receivables Biological assets Held for sale investment in subsidiary Cash and cash equivalents Total Current Assets
1,481,861 192,731 522,431 56,314,425 17,055,632 215,091 12,138,670 1,546,066 864,647 5,050,592
658,573 226,283 65,663 48,146,807 14,902,201 785,459 12,589,562 668,992 4,459,640
131,487 522,431 3,214,923 31,977,858 14,702,370 16,522 45,186,333 864,647 4,958,389
192,684 65,663 3,214,923 28,815,421 13,315,430 462,899 40,648,707 4,255,125
36,870,698
33,405,854
65,728,262
58,682,161
12.01
64,522,411
Trade and Other Payables 22,036,454 21,002,035 19,227,692 Current Financial liabilities retirement benefits obligation other liabilities 138,163 138,163 Borrowings 3,307,686 125,000 3,307,966 Current Tax Liabilities 5,478,558 5,061,304 5,453,303 30,960,862 26,188,339 28,127,125 Total Current Liabilities Non-Current Financial liabilities Provisions 370,728 Borrowings 1,664,217 1,328,205 1,233,678 Employees benefits 4,611,315 4,741,717 4,229,514 Deferred Tax Liabilities Liabilities included in disposal groups classified as held for- sale (Where -applicable) 6,275,532 6,440,650 5,463,192 Total Non-Current Liabilities Working Capital 5,909,837 7,217,515 37,601,137 Net Assets 55,948,730 48,923,672 64,115,802
19,893,535 5,042,629
(3.35)
23,609,260 -
Non Controlling Interest Attributable to Owners of the Company
55,948,730
48,923,672
64,115,803
24,936,164
1,328,202 4,359,916
203,752 695.63 (0.00) 3,214,923 10.97 32,765,392 10.42 14,047,767 (96.43) 1,409,315 11.16 42,083,720 #DIV/0! 864,647 16.53 6,116,963 #DIV/0! (31.76)
#DIV/0! 8.14 12.80
(2.99)
-
1,700,244 2,000,000 5,910,930 33,220,434
1,311,654 4,229,514
-
5,688,118 33,745,997 56,873,300
(3.95) 11.42 12.73
5,541,168 31,301,977 58,526,202
56,873,300
12.73
58,526,202
0
-
(0)
(0)
(0)
DANGOTE SUGAR REFINERY PLC CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
Balance as at Beginning of the Prior Year Changes in Accounting Policy Restated Balance Changes in Equity for the Prior Year: Issued Share Capital Actuarial gain/(loss) on gratuity Dividend Total Comprehensive Income Effect of acquisition of subsidiary under common control Balance as at End of the Prior Year - 31/12/2013 Changes in Equity Current year: Issued Share Capital Dividend Total Comprehensive Income Profit for the year Actuarial gain/(loss) Balance as at 31 December 2014 Effect of acquisition of subsidiary under common control Profit for the year Other comprehensive income Actuarial gain/(loss) on gratuity Dividend Balance as at 30th September 2015
PPE Capital Revaluation Share Capital Reserve Surplus N'000 N'000 N'000 6,000,000 6,320,524 -
Available Cash Flow for Sale Fin. Hedging Assets Reserve N'000 N'000 -
N'000
-
6,000,000
6,320,524
-
-
6,000,000
6,320,524
-
-
-
6,000,000
6,320,524
-
-
-
-
-
-
DANGOTE SUGAR REFINERY PLC CONSOLIDATED STATEMENT OF CASH FLOW
GROUP GROUP COMPANY COMPANY 30 SEPT 2015 30 SEPT 2014 30 SEPT 2015 30 SEPT 2014 % Change N'000 N'000 N'000 N'000 Cash Flow from Operating Activities 13,345,896 14,988,037 8,595,919 8,877,070 (3.17) Operating Cash Flow before Changes Working Capital Changes18,682,824 16,222,989 17,426,422 16,791,444 3.78 Net Cash Generated from Operating Activities 7,999,045 10,438,627 3,171,092 4,327,660 (26.73) Cash Flow from Investing Activities (5,273,563) (6,808,935) (837,630) (737,233) 13.62 Cash Flow from Financing Activities (3,877,366) (7,625,418) (3,492,034) (7,200,000) (51.50) Net Increase/Decrease Cash and Cash Equivalent (1,151,885) (3,995,726) (1,158,572) (3,609,573) (67.90) Cash and Cash Equivalent Beginning of the Year 6,202,478 8,455,366 6,116,963 7,864,698 (22.22) Cash and Cash Equivalent End of the Year 5,050,592 4,459,640 4,958,389 4,255,125 16.53
CORPORATE ACTION Proposed Bonus
Nil
Proposed Dividend Closure Date Date of Payment AGM Date AGM Venue
Nil Nil Nil Nil Nil
Retained Earnings N'000 33,948,635 10,741 (6,000,000) 10,980,516 (4,101,243) 34,838,649 (7,200,000)
Total attributable to owners of Nonparent Controlling company Interest Total Equity N'000 N'000 N'000 46,269,159 46,269,159 10,741 10,741 (6,000,000) (6,000,000) 10,980,516 (134,584.00) 10,845,932 (4,101,243) (46,648) (4,147,891) 47,159,173 (181,232) 46,977,941 (7,200,000) (7,200,000)
11,649,425
11,649,425
(13,646)
11,635,779
39,288,074
51,608,598
(194,878)
51,413,720
(52,730)
9,335,010
(247,608)
(4,800,000) 55,948,730
9,387,740
9,387,740 (1)
(4,800,000) 43,875,814
(4,800,000) 56,196,338
