Sep 30, 2015 - FOR THE PERIOD ENDED 30 SEPTEMBER, 2015. CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND. OTHER COMPREHENSIV
LAFARGE AFRICA PLC CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 SEPTEMBER, 2015 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
30/09/2015 Current Year N'000 168,144,787 (113,749,445) (18,507,312) (1,790,825) 34,097,205
30/09/2014 Prior Year N'000 159,396,052 (104,036,701) (15,903,542) (544,621) 38,911,187
Change % 5 9 16 (12)
Finance and investment income Finance costs Share of net loss from associates Profit before tax
1,414,853 (2,190,754) 346,691 33,667,995
2,590,858 (3,412,819) 0 38,089,226
(45) (36) (12)
38.91 2.59 (3.41) 38.09
Income tax expense Profit after tax
(4,117,838) 29,550,157
(6,331,656) 31,757,570
(35) (7)
(6.33) 31.76
Net (loss) from discontinuing operations Net profit for the year
(31,687) 29,518,469
(286,256) 31,471,314
(89) (6)
(0.29) 31.47
Total other comprehensive (loss)
(19,396,424)
(159,545,642)
-
(159.55)
Total comprehensive (loss) / income
10,122,045
(128,074,327)
(108)
(128.07)
671,006
1,806,951
(63)
1.81
Profit after tax attributable to owners of the company
28,847,463
29,664,364
(3)
29.66
Total comp. inc. attr. to non-controlling interest
1,775,407
(53,009,964)
(103)
(53.01)
Total comp. inc. attr. to owners of the company
8,346,638
(75,064,363)
(111)
(75.06)
Basic Earnings per Share
633
674
(6)
0.00
Fully Diluted Earnings per Share
633
674
(6)
0.00
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
30/09/2015 Current Year N'000
31/12/2014 Prior Year N'000
Change %
Property, plant and equipment
199,990,901
209,145,134
(4)
1,716,931
2,191,007
(22)
2.19
41,895,691
31,734,343
32
31.73
Revenue Cost of sales Admin and other expenses Other operating (expenses) / income Operating Income
Profit after tax attr. to non-controlling interest
Intangible assets Investment in associate Other long term Investment
159.40 (104.04) (15.90) (0.54)
209.15
6,169
7,606
-
0.01
249,581
294,629
(15)
0.29
Total non-current assets
10,208,959 254,068,232
6,247,999 249,620,718
63 2
Inventories
26,706,394
24,262,858
10
24.26
Trade and other receivables
23,523,052
17,457,477
35
17.46
Current tax receivables Cash and cash equivalents
786,902
508,745
55
0.51
12,447,742 63,464,091
14,029,030 56,258,110
(11) 13
14.03
Trade and other payables Current financial liabilities
46,435,179
51,305,161
(9)
51.31
16,653,920
4,987,082
234
4.99
Short-term provisions
1,920,662
1,363,877
41
1.36
Current tax liabilities
2,072,140 67,081,901
1,553,878 59,209,997
33 13
59.21
Deffered tax asset Long term receivables
Total current assets
Total current liabilities
6.25 249.62 -
56.26
1.55
Non-current financial liabilities
7,289,158
8,846,393
(18)
8.85
Long-term provisions
10,855,265
12,006,933
(10)
12.01
Deferred tax liabilities
34,980,729 53,125,153
34,172,979 55,026,305
2 (3)
34.17
Total non-current liabilities Working Capital
(3,617,810)
(2,951,887)
23
197,325,269
191,642,525
3
(2.95) 191.64 -
9,464,989
21,217,189
(55)
21.22
187,860,280
170,425,335
10
170.43
Net assets (Shareholders' equity) Non controlling Interest Attributable to owners of the company
55.03 -
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Share capital
Share premium
Retained earnings
Foreign Currency translation reserve
N'000
N'000
N'000
N'000
Non-Controlling Interests
Total equity
N'000
N'000
N'000
6,534,440 -
19,520,368 1,806,951
171,025,075
-
1,806,951
31,471,315
1,500,800 -
9,488,747 -
134,877,196 29,664,365
-
-
29,664,365
Net income for the period 1 October to 31 December 2014 Other comprehensive loss
-
-
2,830,766 577,025
(444,560)
(157,816,689)
83,193 195,980
2,913,960 (157,488,244)
Total comprehensive income for the period ended 1 October to 31 December 2014
-
-
3,407,791
(444,560)
(157,816,689)
279,173
(154,574,284)
-
(14,565,948)
(389,303)
(14,955,251) 165,503,966 (293,857) (6,534,440)
Balance as at January 1, 2014 Net income for the period ended 30 September 2014 Total comprehensive income for the period ended 30 September 2014
Dividends paid
Issue of shares Share issue expenses Reversal of cost of share capital on pooling of interest Balance as at 31 December 2014
-
701,288 -
Balance as at 31 September 2015
CONSOLIDATED STATEMENT OF CASH FLOWS
-
-
-
-
(6,534,440)
-
(1,341,036)
(157,816,689)
21,217,189
31,471,315
173,997,568
-
-
28,847,463 (417,712)
(5,494,431)
(13,462,187)
671,006 (22,094)
29,518,469 (19,396,424)
-
-
28,429,751
(5,494,431)
(13,462,187)
648,912
10,122,046
75,363 2,277,451
12,585,606 (163,186) 186,419,988
153,383,404
-
2,202,088
Net income for the period ended 30 September 2015 Other comprehensive loss Total comprehensive income for the period ended 30 September 2015 Dividends paid Issue of shares Share issue expenses Acquisition of additional 23.85%of NCI Elimination of NCI share Capital acquired Exchange loss on dividend paid
164,802,678 (293,857) -
(896,476) -
Other reserves arising on business combination
(16,397,645) 12,225,897 (267,067) (97,157) 177,277,183
(6,835,467)
(171,278,876)
191,642,524
(176,789) (12,225,897) 1,574
(16,574,434) 12,660,969 (163,186) (267,067) (95,583)
9,464,989
197,325,269
30/09/2015 Current Year N'000
30/09/2014 Prior Year N'000
% Change
Cash Flow from Operating Activities
38,998,821
44,300,179
(12)
39.00
Operating Cash Flow changes : Working Capital Changes Net Cash Generated from Operating Activities
(2,312,435) 36,686,386
(2,831,909) 41,468,269
(18)
(2.31)
(2.83)
(12)
36.69
41.47
Cash Flow from Investing Activities
(22,514,566)
(2,132,568)
-
(22.51)
(2.13)
Cash Flow from Financing Activities
(18,373,935)
(17,672,530)
4
(18.37)
(17.67)
Net Increase/Decrease in Cash and Cash Equivalent
(4,202,116)
21,663,172
119
(4.20)
21.66
Cash and Cash Equivalent Beginning of the Year
11,305,623
31,020,825
(64)
11.31
31.02
Cash and Cash Equivalent End of the Year
7,103,507
52,683,997
(87)
7.10 -
52.68 -
44.30
