SCOA NIGERIA PLC
[RC: 6293]
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30TH JUNE, 2022
UITY AS AT 30th June '22- (UN-AUDITED)
Share Premium | Retained Earnings | Revaluation Reserve | Total | Non controlling interest | Total Equity | |
₦000 | ₦000 | ₦000 | ₦000 | ₦000 | ₦000 | % Change |
194,405.00 | (3,692,885.00) | 5,434,841.00 | 2,261,274.00 | 596,653.00 | 2,857,927.00 | 0.01 |
- | ||||||
- | - | |||||
335,367.84 | 335,367.84 | (60,099.14) | 275,268.70 | 0.74 | ||
- | ||||||
194,405.00 | (3,357,517.16) | 5,434,841.00 | 2,596,641.84 | 536,553.86 | 3,133,195.70 | 0.09 |
194,405.00 | (3,727,536.00) | 5,434,841.00 | 2,226,623.00 | 590,676.00 | 2,817,299.00 | |
66,421.00 | 66,421.00 | 5,977.00 | 72,398.00 | |||
- | - | |||||
- | (31,770.00) | (31,770.00) | (31,770.00) | |||
194,405.00 | (3,692,885.00) | 5,434,841.00 | 2,261,274.00 | 596,653.00 | 2,857,927.00 |
SCOA NIGERIA PLC
CASH FLOW STATEMENT FOR the period ended 30th June, 2022 ( Un-audited) | |||
Audited | |||
Current Period | % | ||
Ended | Year Ended | Change | |
30th June '21 | 31st Dec '21 | ||
N'000 | N'000 | ||
Cash Flow from Operating Profit-Activities | 2,045,224.27 | 148,885.15 | (12.74) |
Operating Cash Flow before Working Capital Changes | 52,253.12 | 500,442.56 | 0.90 |
Operating Cash Flow from Changes in Working Capital | 2,388,438.13 | 11,216,514.76 | 0.77 |
Net Cash Generated from Operating Activities | 2,045,224.27 | 11,865,842.47 | 0.83 |
Cash Flow from Investing Activities | 2,927.11 | 2,122.74 | (0.38) |
Cash Flow from Financing Activities | (18,304.70) | (417,635.36) | 0.96 |
Net Increase/Decrease Cash and Cash Equivalent | 2,029,846.69 | 11,450,329.85 | 0.82 |
Cash and Cash Equivalent Beginning of the Year | 12,095,093.85 | 644,764.00 | 0.95 |
Cash and Cash Equivalent End of the Year | 14,124,940.54 | 12,095,093.85 | 0.14 |
- | |||
CORPORATE ACTION | |||
Proposed Bonus | |||
Proposed Dividend | |||
Closure Date | |||
Date of Payment | |||
AGM Date | |||
AGM Vanue |
SCOA NIGERIA PLC
UN-AUDITED STATEMENT OF FINANCIAL POSITION AS AT 30TH JUNE, 2022
Un-Audited | Audited | ||
Current Period Ended | Year Ended | % changes | |
30th June '22 | 31st Dec '21 | ||
N'000 | N'000 | ||
Property, plant and equipment | 3,864,250.73 | 3,947,631.00 | 0.02 |
Deferred Tax Assets | 432,116.46 | 373,766.00 | (0.16) |
Investment in subsidiary / associates Cos. | - | ||
Total Non Current Assets | 4,296,367.18 | 4,321,397.00 | 0.01 |
Inventories | 2,839,522.12 | 2,420,600.05 | (0.17) |
Debtors and Other Receivables | 2,033,194.00 | 3,894,237.00 | 0.48 |
Other current assets | 379,733.29 | 360,439.00 | (0.05) |
Cash and cash equivalents | 14,124,940.54 | 12,451,423.00 | (0.13) |
Total Current Assets | 19,377,389.95 | 19,126,699.05 | (0.01) |
Advance from customer | 843,259.00 | 843,259.00 | - |
Trade and Other Payables | 16,897,079.28 | 15,890,383.00 | (0.06) |
Current Financial liabilities | 2,381,991.69 | 2,113,271.00 | (0.13) |
Current Tax Liabilities | 251,945.87 | 255,885.00 | 0.02 |
Total Current Liabilities | 20,374,275.84 | 19,102,798.00 | (0.07) |
Non-Current Financial liabilities | 1,038,081.78 | 1,319,012.00 | 0.21 |
Defined benefit Plan | 156,501.86 | 160,874.00 | 0.03 |
Deferred Tax Liabilities | - | ||
Liabilities included in disposal | |||
groups classified as held for | |||
sale (Where applicable) | |||
Total Non-Current Liabilities | 1,194,583.64 | 1,479,886.00 | 0.19 |
Working Capital | 996,885.89 | 23,901.05 | (40.71) |
Net Assets | 2,104,897.65 | 2,865,412.05 | 0.27 |
Non Controlling Interest | 545,137.62 | 596,653.00 | 0.09 |
Attributable to Owners of the Com | 1,559,760.04 | 2,268,759.00 | 0.31 |
These consolidated financial statements were approved by the Board of Directors on 28th of July, 2022 and signed on its behalf by:
Mr. Henry Agbamu | Dr.Massad F.Boulos | Mrs. A. Okereke |
FRC/2013/NIM/00000003968 | FRC/2013IOD/00000003008 | FRC/2013/ICAN/00000002373 |
SCOA NIGERIA PLC
UN-AUDITED STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD April to 30th June , 2022
Unaudited | Unaudited | ||
Current Period | Current Period | ||
Ended | Ended | % changes | |
April to | April to | ||
June,2022 | June,2021 | ||
N'000 | N'000 | ||
Revenue | 1,029,086.49 | 806,458.76 | (2.47) |
Cost of Sales | (719,022.33) | (681,907.04) | (3.87) |
Gross profit | 310,064.15 | 124,551.73 | 0.79 |
Distribution/Admin and Other Expenses | (374,175.24) | (217,603.80) | 0.72 |
Other Income | 173,329.03 | 8,047.03 | 0.50 |
Financial Charges | (188,081.14) | 2.55 | 0.10 |
Profit/Loss Before Tax | (78,863.20) | (85,002.50) | 1.59 |
Taxation | - | ||
Profit/Loss After Tax | (78,863.20) | (85,002.50) | 1.59 |
Other Comprehensive Income | - | - | |
Total Comprehensive Income | (78,863.20) | (85,002.50) | 1.59 |
Profit/Loss After Tax Attr. To Noncontrolling Int | (21,497.34) | (62,070.22) | 1.59 |
Profit/Loss After Tax Owners of the Company | (57,364.86) | (22,334.83) | 1.59 |
Total Comp. Inc.Attr. to Non-Controlling Interest | |||
Attributable to Owners of the Company | |||
Basis/Diluted (loss) /Earnings per Share | 0.09 | (0.03) | |
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