KAKUZI LIMITED |
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ANNOUNCEMENT OF GROUP RESULTS FOR THE YEAR ENDED 31 DECEMBER 2013 |
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Condensed Consolidated Statement of Comprehensive Income |
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31 December 2013 |
|
31 December 2012 |
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Shs'000 |
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Shs'000 |
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|
|
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|
|
|
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Sales |
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1,384,375 |
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1,564,792 |
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Profit before fair value gain in Biological assets, sale of shares in subsidiary and income tax |
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|
142,989 |
|
362,364 |
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Fair value gain in Biological assets |
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|
96,317 |
|
63,686 |
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Profit on sale of shares in subsidiary |
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|
- |
|
53,249 |
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Profit before income tax |
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|
239,306 |
|
479,299 |
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Income tax expense |
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|
(74,278 |
) |
(129,833 |
) |
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|
|
|
|
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Profit for the year from continuing operations |
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165,028 |
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349,466 |
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Profit for the year from discontinued operations |
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- |
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59,190 |
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|
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|
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Profit for the year |
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|
165,028 |
|
408,656 |
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Other comprehensive income: |
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Actuarial gain/(loss) on post employment benefit obligation (net of tax) |
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|
11,275 |
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(3,552 |
) |
Total comprehensive income |
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|
176,303 |
|
405,104 |
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Total comprehensive income attributable to: |
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Equity holders of the company: |
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Profit for the year from continuing operations |
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176,303 |
|
345,914 |
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Profit for the year from discontinued operations |
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|
- |
|
29,891 |
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Profit for the year attributable to equity holders of the company |
|
|
176,303 |
|
375,805 |
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Non-controlling interest: Profit for the year from discontinued operations |
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|
- |
|
29,299 |
|
|
|
|
176,303 |
|
405,104 |
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Earnings per share attributable to equity holders of the company: |
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Basic and diluted earnings per stock unit - continuing operations |
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|
8.42 |
|
17.83 |
|
Basic and diluted earnings per stock unit - discontinued operations |
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- |
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1.52 |
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|
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|
8.42 |
|
19.35 |
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Condensed Consolidated Statement of Financial Position |
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31 December 2013 |
|
31 December 2012 |
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Shs'000 |
|
Shs'000 |
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|
|
|
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|
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EQUITY |
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Share capital |
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|
98,000 |
|
98,000 |
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Other reserves |
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|
9,986 |
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(1,289 |
) |
Retained earnings |
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|
2,722,542 |
|
2,631,014 |
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Proposed dividends |
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|
73,500 |
|
73,500 |
|
Attributable to company's equity holders |
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|
2,904,028 |
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2,801,225 |
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Non-current liabilities |
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666,334 |
|
624,452 |
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|
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3,570,362 |
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3,425,677 |
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REPRESENTED BY |
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Non-current assets |
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2,546,888 |
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2,334,227 |
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Current assets |
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265,897 |
|
339,933 |
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Cash and cash equivalents |
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|
904,758 |
|
897,540 |
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Current liabilities |
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|
(147,181 |
) |
(146,023 |
) |
Net current assets |
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1,023,474 |
|
1,091,450 |
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3,570,362 |
|
3,425,677 |
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