Audited Financial Statements for the Year Ended December 31, 2015. INCOME .... Operating Cash Flow before Working Capita
NIGERIAN BREWERIES Plc Audited Financial Statements for the Year Ended December 31, 2015 INCOME STATEMENT
Revenue Cost of Sales Distribution/Admin and Other Expenses Other Income Financial Charges Profit Before Tax Taxation Profit After Tax Profit For the Year Attributable to Owners of the Company Basic Earnings per Share Fully Diluted Earnings per Share
STATEMENT OF COMPREHENSIVE INCOME
Group Current Year December 31, 2015 N'000
Company
293,905,792 (151,443,890) (80,716,658) 483,910 (7,714,181) 54,514,973 (16,458,850) 38,056,123
293,905,792 (151,443,890) (80,676,444) 483,910 (7,761,000) 54,508,368 (16,458,850) 38,049,518
266,372,475 (130,788,296) (70,440,771) 1,717,491 (5,399,078) 61,461,821 (18,941,568) 42,520,253
38,056,123 482 482
38,049,518 482 482
42,520,253 562 562
(10.5) (14.3) (14.3)
Group Current Year December 31, 2015 N'000 38,056,123 (837,623) 37,218,500 707
Attributable to Owners of the Company
37,217,793
Group Current Year December 31, 2015 N'000
Property, plant and equipment Deferred Tax Assets Investment property Intangible Assets & Goodwill Investments accounted for using the equity method Financial assets /Long term debtors Non-current asset held for sale and disposal groups Total Non Current Assets Inventories Debtors and Other Receivables Cash and cash equivalents Total Current Assets Trade and Other Payables Current Financial liabilities Current Tax Liabilities Total Current Liabilities Non-Current Financial liabilities Provisions Deferred Tax Liabilities Total Non-Current Liabilities Working Capital Net Assets Attributable to Owners of the Company
Group and Company Prior Year December 31, 2014 N'000
Change % 10.3 (15.8) (14.5) (71.8) (43.7) (11.3) 13.1 (10.5)
Profit for the Year Attributable to Owners of the Company Other Comprehensive Income net of tax Total Comprehensive Income Non- Controlling interest
STATEMENT OF FINANCIAL POSITION
Company Current Year December 31, 2015 N'000
197,298,847 _ _ 100,612,728 150,000 675,903 4,177,379 302,914,857 28,409,703.00 19,787,225.00 5,106,891.00 53,303,819 85,246,002
34,614,587.00 20,218,516
140,079,105.00 11,903,504.00 31,914,564.00 43,818,068 (86,775,286) 172,321,503 172,321,503
Company Current Year December 31, 2015 N'000 38,049,518 (837,623) 37,211,895 37,211,895
Company Current Year December 31, 2015 N'000 197,108,847 _ _ 100,612,728 829,625 675,903 4,177,379 303,404,482 28,409,703.00 19,787,225.00 5,105,713.00 53,302,641 85,825,673.00 34,614,587.00 20,215,330.00 140,655,590.00 11,903,504.00 31,914,564.00 43,818,068 (87,352,949) 172,233,465 172,233,465
Company Prior Year December 31, 2014 N'000 42,520,253 (415,579) 42,104,674 42,104,674
Change % (10.5) 101.6 (11.6) (11.6)
Group
Company
Prior Year December 31, 2014 N'000
Prior Year December 31, 2014 N'000
193,800,450 _ _ 97,969,253 150,000 377,599 4,208,816 296,506,118 28,478,459.00 18,544,329.00 5,700,257.00 52,723,045 83,283,072.00 7,793,671.00 22,948,829.00 114,025,572.00 24,670,000.00 10,735,596.00 27,833,732.00 63,239,328 (61,302,527) 171,964,263 171,964,263
193,569,624 _ _ 97,969,253 829,625 377,599 4,208,816 296,954,917 28,478,459 18,544,329 5,699,079 52,721,867 83,816,326 7,793,671 22,944,629 114,554,626 24,670,000 10,735,596 27,833,732 63,239,328 (61,832,759) 171,882,830 171,882,830
Group
Company
Change % 1.8 _ _
Change % 1.8 _ _
2.7 0.0 79.0 (0.7) 2.2 (0.2) 6.7 (10.4) 1.1 2.4 344.1 (11.9) 22.8 (100.0) 10.9 14.7 (30.7) 41.6 0.2 0.2
2.7 0.0 79.0 (0.7) 2.2 (0.2) 6.7 (10.4) 1.1 2.4 344.1 (11.9) 22.8 (100.0) 10.9 14.7 (30.7) 41.3 0.2 0.2
STATEMENT OF CHANGES IN EQUITY
Share Capital (N'000) Balance as at 1st January, 2015 Changes in Accounting Policy Restated Balance Changes in Equity for the Prior Year: Issued Share Capital Dividend Total Comprehensive Income Balance as at End of the Prior Year Changes in Equity Current year: Issued Share Capital/share based payment Dividend Total Comprehensive Income Balance as at 31st December, 2015 Non controlling Interest Balance as at 31st December, 2015
STATEMENT OF CASH FLOW
Cash Flow from Operating Activities Operating Cash Flow before Working Capital Changes Net Cash Generated from Operating Activities Cash Flow from Investing Activities Cash Flow from Financing Activities Net (Decrease)/Increase Cash and Cash Equivalent Cash and Cash Equivalent as at 1st January Cash and Cash Equivalent 31st December
CORPORATE ACTION Proposed Bonus Proposed Dividend (Final)
Share Based Payment Reserve (N'000)
3,781,353 _ _
_ _ _ _
_ _
Group Dec-15 N'000 38,056,123 _ 72,627,198 (32,360,467) (59,844,705) (19,577,974) 5,469,877 (14,108,097)
Nil N28,544,763,197 (N3.60 per share)
Closure Date
3rd March, 2016 to 9th March, 2016
Date of Payment AGM Date
12th May, 2016 11th May, 2016
AGM Venue
Shell Hall, Muson Centre, Onikan, Lagos, Nigeria.
234,340
Other Reserves (Share Premium) (N'000)
4,567,967 _ _ _ _
Retained Earnings (N'000) 102,733,836 _ _ _ _ _
Other Reserves (Share Premium) (N'000)
171,882,830 171,882,830 124,026 (36,985,286) 37,211,895 172,233,465 88,038 172,321,503
_ _ _ _ _
3,781,353
234,340
4,567,967
102,733,836
60,565,334
183,198
131,362
60,382,136
(60,565,334)
3,964,551 3,964,551
365,702 365,702
64,950,103 64,950,103
(7,336) (36,985,286) 37,211,895 102,953,109 82,140 103,035,249
Company Dec-15 N'000 38,049,518 _ 72,673,843 (32,360,293) (59,891,524) (19,577,974) 5,468,699 (14,109,275)
Group Company Group Company Dec-14 Dec-14 Change Change N'000 % % N'000 42,520,253 42,520,253 (10.50) _ _ 60,860,045 60,860,045 19.33 (28,590,619) (28,591,797) 13.19 (36,328,397) (36,328,397) 64.73 (4,058,971) (4,060,149) 382.34 9,528,848 9,528,848 (42.60) 5,469,877 5,468,699 (357.92)
(10.5) 19.4 (13.2) (64.9) (382.2) (42.6) (358.0)
Total Equity (N'000)
60,565,334
5,898 5,898
