TRIPPLE GEE & COMPANY PLC UNAUDITED FINANCIAL
STATEMENT FOR THE YEAR ENDED 31ST
MARCH, 2022
UNAUDITED RESULT FOR THE FOURTH QUARTER ENDED 31ST MARCH 2022
The Directors of Tripple Gee & company PLC are pleased to announce the unaudited results of the company's operation for the year ended 31st March, 2022.
STATEMENT OF FINANCIAL POSITION | ||
ASSETS NON-CURRENT ASSETS PROPERTY PLANT & EQUIPMENTS ... Note 1 OTHER INTANGIBLE ASSETS INVESTMENTS IN ASSOCIATES TOTAL NON CURRENT ASSETS CURRENT ASSETS INVENTORIES … 2 TRADE RECEIVABLE … 3 OTHER CURRENT ASSETS … 4 CASH AND CASH EQUIVALENTS … 5 TOTAL CURRENT ASSETS TOTAL ASSETS EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY SHARE CAPITAL RETAINED EARNINGS OTHER COMPONENTS OF EQUITY EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY NON CONTROLLING INTEREST TOTAL EQUITY LIABILITY NON CURRENT LIABILITIES LONG TERM BORROWINGS LONG TERM PROVISION TOTAL NON CURRENT LIABILITIES CURRENT LIABILITIES TRADE & OTHER PAYABLE … 6 SHORT TERM BORROWINGS CURRENT TAX PAYABLE SHORT TERM PROVISIONS TOTAL LIABILITIES TOTAL LIABILITIES TOTAL EQUITY & LIABILITIES | UNAUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2022 N'000 2,431,320.00 95,594.00 165,840.00 | AUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2021 AUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2020 N'000 N'000 1,047,235.00 838,374.00 101,923.00 89,496.00 165,840.00 165,840.00 |
2,692,754.00 | 1,314,998.00 1,093,710.00 | |
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 | |
1,650,284.00 | 1,411,532.00 774,839.00 | |
4,343,038.00 | 2,726,530.00 1,868,549.00 | |
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 | |
784,031.00 419,578.00 | 723,324.00 667,114.00 419,578.00 419,578.00 | |
1,203,609.00 | 1,142,902.00 1,086,692.00 | |
1,255,786.00 241,035.00 | 561,273.00 156,773.00 241,035.00 241,035.00 | |
1,496,821.00 | 802,308.00 397,808.00 | |
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 | |
1,642,608.00 | 781,320.00 384,046.00 | |
3,139,429.00 | 1,583,628.00 781,854.00 | |
4,343,038.00 | 2,726,530.00 1,868,546.00 |
The Financial Statements was approved by the Board of Directors on April 26th, 2022 and signed on its behalf by:
MR. NUREIN GBOLA FARAYOLA
AG. CHIEF FINANCE OFFICER
FRC/2020/00000020703
MRS. ADEBIMPE GIWA
GROUP MANAGING DIRECTOR FRC/2020/002/00000022342
MR. SAMUEL IDOWU AYININUOLACHAIRMAN FRC/2016/ICAN/00000015248
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR YEAR ENDED
TURNOVER … 7 COST OF SALES … 8 GROSS PROFIT OTHER OPERATING INCOME DISTRIBUTION & ADMINSTRATIVE EXPENSES … 9 OPERATING PROFIT INVESTMENT INCOME GAIN/(LOSS) ON INVESTMENT OTHER INCOME EXCHANGE RATE DIFFERENCE FINANCE COSTS PROFIT/(LOSS) BEFORE TAXATION TAXATION PROFIT/(LOSS) AFTER TAXATION TOTAL COMPREHENSIVE INCOME FOR THE YEAR NET OF TAX EARNINGS PER SHARE [KOBO] | THREE MONTHS JAN - MAR 2022 N'000 485,784.00 (431,937.00) | THREE MONTHS JAN - MAR 2021 N'000 461,365.00 (400,487.00) | UNAUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2022 N'000 1,506,378.00 (1,056,062.00) | AUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2021 AUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 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% |
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) | ||
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) (13.00) (46,925.00) (38,649.00) | ||
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 | ||
30,420.60 | 12,280.10 | 66,747.80 | 85,880.00 37,535.00 | ||
30,420.60 | 12,280.10 | 66,747.80 | 85,880.00 37,535.00 | ||
6.15 | 2.48 | 13.49 | 17.35 7.58 | ||
STATEMENT OF CASH FLOW
CASH/BANK BALANCE AT THE BEGINNING OF THE PERIOD 7,832.00
NET (DECREASE)/INCREASE IN NET CASH & CASH EQUIVALENTS 1,370.00
NET PROFIT BEFORE TAXATION 95,354.00
CASH FLOW FROM INVESTING ACTIVITIES
CASH/BANK BALANCE AT THE END OF THE PERIOD 9,202.00
CASH FLOW FROM FINANCING ACTIVITIES 659,867.00
NET CASH GENERATED FROM OPERATING ACTIVITIES 719,257.00
UNAUDITED
RESULT FOR THE
YEAR ENDED
31ST MARCH,
2022
N'000
(1,377,754.00)AUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2021
AUDITED RESULT FOR THE YEAR ENDED 31ST MARCH, 2020
N'000
N'000
128,646.00 55,198.00
(44,630.00) 256,212.00 416,662.00 (2,450.00)
(323,227.00) (254,272.00)
(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 31ST MARCH, 2022
REVALUATIONEQUITY SHARES RESERVECAPITAL RESERVE RETAINED EARNINGSTOTAL EQUITY | |
N'000 N'000 N'000 N'000 N'000 | |
Balance - April 1st, 2019 | 247,477 197,886.00 121,235 165,557 732,155 |
Comprehensive Income for the Year | |
Pro t for year ended March 31st, 2020 | - - - 37,535 37,535.00 |
Dividend Paid | - - - (22,300) (22,300.00) |
Prior Year Adjustments | - - - (80,276) (80,276.00) |
Balance - April 1st, 2020 | 247,477 197,886 121,235 100,516 667,114 |
Comprehensive Income for the Year | |
Pro t for year ended March 31st, 2021 | - - - 85,880 85,880.00 |
Dividend Paid | - - - (29,670) (29,670.00) |
Balance - April 1st, 2020 | 247,477 197,886 121,235 156,726 723,324 |
Comprehensive income for the Year. | |
Pro t for the year ended March 31st, 2022 | 95,354 95,354.00 |
Dividend Paid | (34,647) (34,647.00) |
Balance -April 1st, 2022 | 247,477 197,886 121,235 217,433 784,031 |
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Tripple Gee & Company plc published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 17:05:04 UTC.
