northern nigeria flour mills plc - Stanbic IBTC Stockbrokers

Sep 30, 2015 - Capital Reserve. Proceed from right issue / movt in gen reserve. Proceed from unsecured bond issue / FA revaluation. Loan. Term loans repaid.
225KB Sizes 16 Downloads 158 Views
NORTHERN NIGERIA FLOUR MILLS PLC UNAUDITED SIX MONTHS RESULTS -SEPT 2015 STATEMENT OF FINANCIAL POSITION 30TH SEPT 2015

30/09/2015

31/03/2015

N'000

N'000

Non-current assets Property, plant and equipment Intangible assets Defered tax assets Total non-current assets

676,341 1,289 5,325 682,955

728,107 1,289 5,325 734,721

Current assets Inventories Trade and other receivables Cash and deposits

423,457 2,583,825 539,175

427,714 2,830,178 942,153

Total assets

4,229,412

Equity Share capital Share premium account Retained earnings

89,100 89,521 1,283,028

Total Equity

1,461,649

3,546,457

4,200,045 4,934,766

89,100 89,521 1,301,442 1,480,063

Non-current liabilities Retirement benefit obligation Long service awards Total non-current liabities

114,952 50,221 165,173

293,639 50,270 343,909

Current liabilities Trade and Other payables Current tax liabilities Bank Overdraft Accruals and provisions

2,577,051 17,371 8,168

3,041,677 21,991 47,126

Total current liabilities

2,602,590

3,110,794

Total liabilities

2,767,763

3,454,703

Total equity and liabilities

4,229,412

4,934,766

NORTHERN NIGERIA FLOUR MILLS PLC STATEMENT OF COMPREHENSIVE INCOME UNAUDITED SIX MONTHS RESULTS -SEPT 2015

Revenue Cost of sales Gross profit Other operating income Selling and distribution expenses Administrative expenses Other gains and losses Operating profit Finance cost Interrest income Profit before tax Tax expense

Profit for the period Attributable to: Owners of the Company

Earnings per share - Basic (kobo) N.B. UNAUDITED

30/09/2015 N'000 549,253 (549,876) (623) 117,811 (722) (108,917) 7,549 27,500 35,049 (9,147) 25,902

30/09/2014 N'000 5,751,543 (5,447,959) 303,584 60,112 (12,702) (147,089) 203,905 (1,006) 25,280 228,179 (47,226) 180,953

25,902

180,953

25,902

180,953

25,902

180,953

14.54

101.54

NNFM - KANO STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 30TH SEPT 2015 30/09/2015 N'000 Cash flows from operating activities Profit/(Loss)for the period Tax Depreciation Net Interest Charged Interrest received Intercompany subsidy Amortisation of non - cash items: Accrued Income( Interest income) Accrued Interest Expense( Corporate bond interest) Provision for bad and doubtful balances Profit before changes in working capital Changes in Working Capital (Increase)/ Decrease in Inventory (Increase)/ Decrease in Net Trade Receivables (Increase)/ Decrease in Intercompany Receivables (Increase)/ Decrease in Receivable from Employees (Increase)/ Decrease in Receivable from Interest Receivable (Increase)/ Decrease in Receivable from Other Receivable (Increase)/ Decrease in Receivable from Dividend Receivable (Increase)/ Decrease in Receivable from Related Parties (Increase)/ Decrease in Advance to vendors (Increase)/ Decrease in Prepayments & Other receivables Increase/ (Decrease) in Trade & Other Payable Increase/ (Decrease) in Other Payable Increase/ (Decrease) in Amount due to Group companies Increase/ (Decrease) in Dividend Payable Increase/ (Decrease) in short Gratuity provision Increase/ (Decrease) in long term Gratuity provision Increase/ (Decrease) in Sundry Provisions Increase/(Decrease) in deferred taxation Increase/ (Decrease) in long service award Increase/(Decrease) In tax payable Group Provision Net changes in working capital Cash Flow from operating activities Increase/ (Decrease) in Tax Payable Net Cash Flow from operating activities Investing activities Purchase of fixed assets investments Proceeds from disposal of property plant a