DAAR COMMUNICATIONS : QUARTER 1 - FINANCIAL STATEMENT FOR 2025

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[{"type":"text","content":"\n DAAR COMMUNICATIONS PLC\n \n \n \n Company No. RC 117587\n \n UNAUDITED FINANCIAL STATEMENTS\n \n \n \n FOR THE PERIOD ENDED\n \n \n 31ST MARCH, 2025\n \n DAAR COMMUNICATIONS PLC\n \n \n STATEMENT OF FINANCIAL POSITION AS AT 31ST MARCH, 2025\n \n \n ASSETS\n \n \n NON CURRENT ASSETS\n \n \n PROPERTY,PLANT & EQUIPMENT\n \n \n OTHER INTANGIBLE ASSETS\n \n \n INVESTMENT - (MTS & AITNEWS24)\n \n \n Mar, 2025\n \n \n N'000\n \n \n 23,990,252\n \n \n 37,943\n \n \n 97,000\n \n \n 24,125,195\n \n \n Dec, 2024\n \n \n N'000\n \n \n 24,228,373\n \n \n 37,943\n \n \n 97,000\n \n \n 24,363,316\n \n \n CURRENT ASSETS\n \n \n TRADE RECEIVABLES\n \n \n OTHER DEBTORS & PREPAYMENTS\n \n \n 3\n \n \n CASH & CASH EQUIVALENTS\n \n \n 4\n \n \n TOTAL CURRENT ASSETS\n \n \n TOTAL ASSETS\n \n \n 2,852,460\n \n \n 364,286\n \n \n 54,485\n \n \n 3,271,231\n \n \n 27,396,426\n \n \n 2,607,282\n \n \n 318,970\n \n \n 202,996\n \n \n 3,129,248\n \n \n 27,492,564\n \n \n EQUITY AND LIABILITIES\n \n \n CAPITAL AND RESERVES\n \n \n SHARE CAPITAL\n \n \n 5\n \n \n SHARE PREMIUM\n \n \n REVALAUTION SURPLUS\n \n \n 6\n \n \n RETAINED EARNINGS\n \n \n 7\n \n \n TOTAL EQUITY\n \n \n 4,000,000\n \n \n 13,411,541\n \n \n 17,939,479\n \n \n -19,258,893 \n \n \n 16,092,127\n \n \n 4,000,000\n \n \n 13,411,541\n \n \n 17,939,479\n \n \n -19,167,473\n 16,183,547\n \n \n Non-Current Liabilities\n \n \n Accrued Gratuity\n \n \n 8\n \n \n Total Non-Current Liabilities\n \n \n CURRENT LIABILITIES\n \n \n SURBORDINATED LOAN\n \n \n TRADE PAYABLES\n \n \n OTHER PAYABLES\n \n \n 9\n \n \n TAXATION\n \n \n 10\n \n \n TOTAL CURRENT LIABILITIES\n \n \n TOTAL EQUITY AND LIABILITIES\n \n \n 734,882\n \n \n 734,882\n \n \n Marcel Anyalechi\n \n \n Ag. CEO\n \n \n Stanley Sagboje\n \n \n ED, Finance & Accounts/CFO\n \n \n 726,160\n \n \n 726,160\n \n \n 74,863\n \n \n 901,378\n \n \n 8,844,751\n \n \n 748,425\n \n \n 10,569,417\n \n \n 27,396,426\n \n \n 144,666\n \n \n 1,151,541\n \n \n 8,538,225\n \n \n 748,425\n \n \n 10,582,857\n \n \n 27,492,564\n \n FRC/2014/ICAN/00000013647 FRC/2016/ICAN/00000015580\n \n DAAR COMMUNICATIONS PLC\n \n \n STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME\n \n \n FOR THE QUARTER ENDED 31ST MARCH 2025\n \n \n Three mths to Mar 2025\n \n \n \n N'000\n \n \n \n 1,169,459\n (866,122)\n \n \n \n 303,337\n \n \n \n 145,7...

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