Tripple Gee mpany: AND COMPANY PLC.- QUARTER 4 – FINANCIAL STATEMENTS 2021
UNAUDITED FINANCES
REPORTED FOR THE YEAR ENDED 31
MARCH 2022
UNAUDITED RESULT FOR THE FOURTH QUARTER ENDED MARCH 31, 2022
The directors of Tripple Gee & company PLC are pleased to announce the unaudited results of the company’s operations for the year ended March 31, 2022.
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STATEMENT OF FINANCIAL POSITION |
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ASSETS NON-CURRENT ASSETS REAL ESTATE PLANTS & EQUIPMENT … Note 1 OTHER INTANGIBLE ASSETS INVESTMENTS IN ASSOCIATES TOTAL NON-CURRENT ASSETS CURRENT ASSETS INVENTORIES…2 TRADE AND RECEIVABLES…3 OTHER CURRENT ASSETS…4 CASH AND CASH EQUIVALENTS…5 TOTAL CURRENT ASSETS TOTAL ASSETS EQUITY ATTRIBUTABLE TO COMPANY OWNERS SHARE THE CAPITAL RETAINED EARNINGS OTHER COMPONENTS OF EQUITY EQUITY ATTRIBUTABLE TO COMPANY OWNERS NON-CONTROLLING INTEREST EQUITY RESPONSIBILITY NON-CURRENT LIABILITIES LONG-TERM BORROWINGS LONG-TERM PROVISION TOTAL NON-CURRENT LIABILITIES CURRENT LIABILITIES TRADE AND OTHER PAYABLES … 6 SHORT-TERM BORROWINGS CURRENT TAX PAYABLE SHORT-TERM PROVISIONS TOTAL LIABILITIES TOTAL RESPONSIBILITIES TOTAL EQUITY AND LIABILITIES |
UNAUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2022 N’000 2,431,320.00 95,594.00 165,840.00 |
AUDITED RESULT FOR THE YEAR ENDED 31 MARCH 2021 AUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2020 N’000 N’000 1,047,235.00 838,374.00 101,923.00 89,496.00 165,840.00 165,840.00 |
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2,692,754.00 |
1,314,998.00 1,093,710.00 |
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811,342.00 357,622.00 472,118.00 9,202.00 |
353,294.00 355,194.00 195,313.00 141,434.00 855,093.00 265,058.00 7,832.00 13,153.00 |
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1,650,284.00 |
1,411,532.00 774,839.00 |
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4,343,038.00 |
2,726,530.00 1,868,549.00 |
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247,477.00 217,433.00 319,121.00 |
247,477.00 247,477.00 156,726.00 100,516.00 319,121.00 319,121.00 |
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784,031.00 419,578.00 |
723,324.00 667,114.00 419,578.00 419,578.00 |
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1,203,609.00 |
1,142,902.00 1,086,692.00 |
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1,255,786.00 241,035.00 |
561,273.00 156,773.00 241,035.00 241,035.00 |
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1,496,821.00 |
802,308.00 397,808.00 |
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992,056.00 613,033.00 21,449.00 16,070.00 |
577,264.00 250,635.00 115,075.00 50,127.00 66,656.00 68,303.00 22,325.00 14,981.00 |
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1,642,608.00 |
781,320.00 384,046.00 |
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3,139,429.00 |
1,583,628.00 781,854.00 |
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4,343,038.00 |
2,726,530.00 1,868,546.00 |
The financial statements were approved by the Board of Directors on April 26, 2022 and signed on its behalf by:
SIR. NUREINE GBOLA FARAYOLA
AG. FINANCE DIRECTOR
FRC/2020/00000020703
GROUP CHIEF EXECUTIVE OFFICER FRC/2020/002/00000022342
SIR. SAMUEL IDOWU AYININUOLAPRESIDENT FRC/2016/ICAN/00000015248
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE RESULTS FOR THE YEAR ENDED
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TURNOVER … 7 COST OF SALES … 8 GROSS PROFIT OTHER EXPLOITATION PRODUCTS DISTRIBUTION & ADMINISTRATIVE COSTS … 9 OPERATING RESULT INVESTMENT INCOME GAIN/(LOSS) ON INVESTMENT OTHER INCOME EXCHANGE RATE DIFFERENCE FINANCIAL EXPENSES PROFIT/(LOSS) BEFORE TAX TAXATION PROFIT/(LOSS) AFTER TAX TOTAL GLOBAL INCOME FOR THE YEAR NET OF TAX EARNINGS PER SHARE [KOBO] |
THREE MONTHS JAN – MARCH 2022 N’000 485,784.00 (431,937.00) |
THREE MONTHS JAN – MARCH 2021 N’000 461,365.00 (400,487.00) |
UNAUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2022 N’000 1,506,378.00 (1,056,062.00) |
AUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2021 AUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2020 N’000 2,005,970.00 N’000 1,320,962.00 (1,586,032.00) (1,002,297.00) |
% -25% -33% 7% 31% -26% -33% -22% -22% -22% |
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53,847.00 – 3,069.00 |
60,878.00 – (25,892.00) |
450,316.00 – (319,296.00) |
419,938.00 318,665.00 – – (244,090.00) (229,815.00) |
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56,916.00 – – 7,836.00 – (21,294.00) |
34,986.00 – (883.00) 607.00 – (17,167.00) |
131,020.00 – – 8,978.00 – (44,644.00) |
175,848.00 88,850.00 – 3,223.00 (101.00) 1,787.00 607.00 – (783.00) (1:00 p.m.) (46,925.00) (38,649.00) |
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43,458.00 13,037.40 |
17,543.00 5,262.90 |
95,354.00 28,606.20 |
128,646.00 55,198.00 42,766.00 17,663.00 |
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30,420.60 |
12,280.10 |
66,747.80 |
85,880.00 37,535.00 |
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30,420.60 |
12,280.10 |
66,747.80 |
85,880.00 37,535.00 |
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6.15 |
2.48 |
1:49 p.m. |
5:35 p.m. 7.58 |
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CASH/BANK BALANCE AT BEGINNING OF PERIOD 7,832.00
NET (DECREASE)/INCREASE IN NET CASH AND CASH EQUIVALENTS 1,370.00
NET PROFIT BEFORE TAX 95,354.00
CASH FLOW FROM INVESTING ACTIVITIES
CASH/BANK BALANCE AT END OF PERIOD 9,202.00
CASH FLOW FROM FINANCING OPERATIONS 659,867.00
NET CASH GENERATED BY OPERATING ACTIVITIES 719,257.00
UNAUDITED
RESULT FOR THE
FINISHED EXERCISE
MARCH, 31ST,
2022
N’000
(1,377,754.00)AUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2021
AUDITED RESULT FOR THE YEAR ENDED MARCH 31, 2020
N’000
N’000
128,646.00 55,198.00
(44,630.00) 256,212.00 416,662.00 (2,450.00)
(5,321.00)
(511.00)
13,153.00 13,664.00
7,832.00 13,153.00
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED MARCH 31, 2022
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REVALUATIONCAPITAL SHARES RESERVECAPITAL RESERVE RETAINED EARNINGSEQUITY |
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N’000 N’000 N’000 N’000 N’000 |
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Sale – April 1, 2019 |
247 477 197,886.00 121,235 165,557 732 155 |
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Overall result for the year |
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Profit for the year ended March 31, 2020 |
– – – 37,535 37,535.00 |
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Dividend paid |
– – – (22,300) (22,300.00) |
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Prior year adjustments |
– – – (80,276) (80,276.00) |
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Sale – April 1, 2020 |
247 477 197,886 121,235 100,516 667 114 |
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Overall result for the year |
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Profit for the year ended March 31, 2021 |
– – – 85,880 85,880.00 |
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Dividend paid |
– – – (29,670) (29,670.00) |
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Sale – April 1, 2020 |
247 477 197,886 121,235 156,726 723 324 |
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Overall result for the year. |
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Profit for the year ended March 31, 2022 |
95,354 95,354.00 |
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Dividend paid |
(34,647) (34,647.00) |
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Sale – April 1, 2022 |
247 477 197,886 121,235 217,433 784,031 |
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Tripple Gee & Company plc published this content on April 27, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on April 27, 2022 5:05:04 PM UTC.
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Evolution of the income statement