UNIVERSITY PRESS PLC UNAUDITED FINANCIAL STATEMENTS
FOR THIRD QUARTER ENDED 31ST
DECEMBER 2022
UNIVERSITY PRESS PLC
UNAUDITED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE THIRD QUARTER ENDED 31 DECEMBER 2022
Notes | |
Revenue | 1 |
Cost of sales | |
Gross profit | |
Other operating income | 2 |
Marketing and distribution expenses | |
Administrative expenses | |
Profit/(Loss) from continuing operations | |
Finance Income | 2 |
Profit/ (Loss) before taxation | |
Taxation Expense | 3 |
Profit/(Loss) after tax from continuing operations | |
Total Comprehensive income/(loss) | |
attributable to owners of the entity | |
Basic earnings per 50k share | |
Diluted earnings per 50k share |
Oct - | Oct - | |||||
Apr -Dec | Dec | Apr -Dec | Dec | |||
2022 | 2022 | 2021 | 2021 | |||
N'000 | N'000 | N'000 | N'000 | |||
2,015,077 | 267,539 | 1,984,465 | 415,007 | |||
(822,151) | (120,257) | (795,518) | (150,950) | |||
1,192,926 | 147,282 | 1,188,947 | 264,057 | |||
21,766 | 17,262 | 8,163 | 2,108 | |||
(397,122) | (127,788) | (343,737) | (110,213) | |||
(512,883) | (153,544) | (493,210) | (125,259) | |||
304,687 | (116,788) | 360,163 | 30,693 | |||
15,210 | 6,447 | 15,650 | 9,273 | |||
319,897 | (110,341) | 375,813 | 39,966 | |||
(99,689) | - | (120,640) | - | |||
220,208 | (110,341) | 255,173 | 39,966 | |||
220,208 | (110,341) | 255,173 | 39,966 | |||
51k | (26)k | 59k | 9k | |||
51k | (26)k | 59k | 9k | |||
UNIVERSITY PRESS PLC
UNIVERSITY PRESS PLC | ||||
UNAUDITED STATEMENT OF FINANCIAL POSITION | ||||
AS AT 31 DECEMBER 2022 | ||||
December | March | |||
Assets | 2022 | 2022 | ||
Non-current assets | Notes | N'000 | N'000 | |
Property, plant and equipment | 4 | 1,469,218 | 1,518,460 | |
Investment Property | 354,000 | 354,000 | ||
1,823,218 | 1,872,460 | |||
Current assets | ||||
Inventories and work-in-progress | 5 | 1,475,849 | 1,299,308 | |
Trade receivables | 6 | 181,815 | 238,653 | |
Other receivables and prepayments | 7 | 51,062 | 36,017 | |
Cash and cash equivalents | 15 | 683,082 | 841,056 | |
Total current assets | 2,391,808 | 2,415,034 | ||
Total assets | 4,215,026 | 4,287,494 | ||
Equity and Liabilities | ||||
Current liabilities | ||||
Trade payables | 8 | 1,723 | 67,988 | |
Other payables and accruals | 9 | 475,815 | 605,367 | |
Unclaimed dividends | 131,695 | 144,438 | ||
Current income tax liability | 3 | 99,755 | 140,728 | |
708,988 | 958,521 | |||
Non-Current liabilities | ||||
Deferred taxation | 156,640 | 156,640 | ||
Total Liabilities | ||||
865,628 | 1,115,161 | |||
Net Assets | 3,349,398 | 3,172,332 | ||
Equity | ||||
Share capital | 10 | 215,705 | 215,705 | |
Share premium | 11 | 146,755 | 146,755 | |
Capital reserve | 12 | 1,442 | 1,442 | |
Revaluation reserves | 13 | 1,094,896 | 1,094,896 | |
Revenue reserve | 14 | 1,890,600 | 1,713,533 | |
3,349,398 | 3,172,332 |
UNIVERSITY PRESS PLC
The financial statements were approved by the Board on 9th January, 2023 and signed on its behalf by:
Mr. Obafunso Ogunkeye | Mr. S. Kolawole | Dr. G. A. Adebayo |
Chairman | Managing Director | Executive Director (Finance) |
FRC/2013/CITN/00000003567 | FRC/2013/ICSAN/0000000324 | FRC/2013/ICAN/ICAN/00000003250 |
The accompanying notes and significant accounting policies form an integral part of these financial statements.
UNIVERSITY PRESS PLC
UNIVERSITY PRESS PLC
UNAUDITED STATEMENT OF CHANGES IN EQUITY
FOR THE THIRD QUARTER ENDED 31 DECEMBER 2022
PPE | ||||||
Share | Share | Capital | revaluation | Revenue | Total | |
Capital | Premium | Reserve | Reserve | Reserve | Equity | |
N'000 | N'000 | N'000 | N'000 | N'000 | N'000 | |
Balance at 1 April 2022 | 215,705 | 146,755 | 1,442 | 1,094,896 | 1,713,533 | 3,172,332 |
Profit for the period | - | - | - | - | 220,208 | 220,208 |
Total comprehensive profit | ||||||
- | - | - | - | 220,208 | 220,208 | |
Transactions with owners: | ||||||
Dividend paid
Balance at 31 December 2022
Balance at 1 April 2021
Comprehensive income for the year:
Other comprehensive income
Items that will not be reclassified subsequently to profit or loss Revaluation gain net of tax
Total comprehensive income
Transactions with owners:
- | - | - | - | (43,141) | (43,141) |
- | - | - | - | (43,141) | (43,141) |
215,705 | 146,755 | 1,442 | 1,094,896 | 1,890,600 | 3,349,399 |
215,705 | 146,755 | 1,442 | 772,448 | 1,527,612 | 2,663,962 |
- | - | - | - | 207,492 | 207,492 |
- | - | - | - | 207,492 | 207,492 |
- | - | - | 322,448 | - | 322,448 |
- | - | - | - | - | - |
- | - | - | 322,448 | 207,492 | 529,940 |
Dividend paid | - | - | - | - | (21,571) | (21,571) |
- | - | - | - | (21,571) | (21,571) | |
Balance at 31 March 2022 | 215,705 | 146,755 | 1,442 | 1,094,896 | 1,713,533 | 3,172,332 |
UNIVERSITY PRESS PLC
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University Press plc published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 14:22:07 UTC.
