Annual Income Statement dated 31 dec 2017 ( All figures in N'000 )
| N’000 | Revenue | 344,562,517 | Cost of Sales | 201,013,357 | Gross Profit | 143,549,160 | Other income | 2,218,588 | Selling and distribution expense | 66,898,905 | Administrative expense | 21,747,783 | Operating profit | 57,121,060 | Finance Income | 172,074 | Finance cost | 10,663,076 | Profit before tax | 46,630,058 | Taxation | 13,581,499 | Profit for the period | 33,048,559 | Total Comprehensive Income | 31,598,881 | Earnings per Share ( Kobo ) | 413 |
Q1 Income Statement dated 31 March 2018 ( All figures in N'000 )
| N’000 | Revenue | 82,966,451 | Cost of Sales | 44,948,414 | Gross Profit | 38,018,037 | Other income | 218,133 | Selling and distribution expense | 15,341,093 | Administrative expense | 5,231,145 | Operating profit | 17,663,932 | Finance Income | 37,830 | Finance cost | 2,452,718 | Profit before tax | 15,249,044 | Taxation | 5,045,153 | Profit for the period | 10,203,891 | Total Comprehensive Income | 10,203,891 | Earnings per Share ( Kobo ) | 128 |
| INCOME
STATEMENT |
|
|
|
|
|
| for the six
months ended |
30-Jun-14 |
|
30-Jun-13 |
|
Change |
| |
N'000 |
|
N'000 |
|
% |
| |
|
|
|
|
|
| Revenue |
141,495,693 |
|
133,815,515 |
|
5.7 |
| Cost of Sales |
(71,349,173) |
|
(67,441,960) |
|
5.8 |
| Distribution/Admin
and Other Expenses |
(35,136,870) |
|
(34,756,733) |
|
1.1 |
| Other Income |
656,202 |
|
1,433,932 |
|
(54.2) |
| Financial
Charges |
(1,783,707) |
|
(3,443,438) |
|
(48.2) |
| Profit Before
Tax |
33,882,145 |
|
29,607,316 |
|
14.4 |
| Taxation |
(10,010,487) |
|
(8,944,108) |
|
11.9 |
| Profit After
Tax |
23,871,658 |
|
20,663,208 |
|
15.5 |
| |
|
|
|
|
|
| Profit for
the period attributable to owners of the Company |
23,871,658 |
|
20,663,208 |
|
15.5 |
| Basic
Earnings per Share (kobo) |
316 |
|
273 |
|
15.5 |
| Fully Diluted
Earnings per Share (kobo) |
316 |
|
273 |
|
15.5 |
| |
|
|
|
|
|
| NSE Website /
Nigerian Breweries Plc |
|
|
|
|
|
| |
|
NGN(Millions) |
|
Y/y |
|
Q/q |
| Sales |
|
56,488 |
|
0.60% |
|
-18.40% |
| Cost of sales |
|
-30,483 |
|
1.80% |
|
-11.40% |
| Gross profit |
|
26,005 |
|
-0.70% |
|
-25.40% |
| -Gross margin |
|
46.00% |
|
-62bps |
|
-430bps |
| Dist. and admin. exp |
|
-15,870 |
|
3.50% |
|
-10.40% |
| Operating profit |
|
10,135 |
|
-6.70% |
|
-40.90% |
| Other income |
|
623 |
|
109.10% |
|
-14% |
| Net interest expense |
|
-1,835 |
|
-27.10% |
|
-0.90% |
| PBT |
|
8,923 |
|
3.20% |
|
-44.30% |
| -PBT margin |
|
15.80% |
|
40bps |
|
-734bps |
| Tax |
|
-2,785 |
|
0.20% |
|
-41.60% |
| -Tax rate |
|
31.20% |
|
-94bps |
|
142bps |
| PAT |
|
6138.00 |
|
0.05 |
|
-0.45 |
| |
|
|
|
|
|
|
| -
PAT margin |
|
10.90% |
|
42bps |
|
-538bps |
|
|