TIDMZCC
RNS Number : 9406T
ZCCM Invs.Hldgs PLC
01 April 2016
SENS ANNOUNCEMENT
(the "Notice" or "Announcement")
ISSUER
ZCCM INVESTMENTS HOLDINGS PLC ("ZCCM-IH")
[Incorporated in the Republic of Zambia]
Company registration number: 771
Share Code: ZCCM-IH
ISIN: ZM0000000037
Authorised by: Chabby Chabala - Company Secretary
SPONSOR
Stockbrokers Zambia Limited
[Member of the Lusaka Stock Exchange]
[Regulated and licensed by the Securities and Exchange
Commission of Zambia]
Contact Number: +260-211-232456
Website: www.sbz.com.zm
APPROVAL
The captioned Notice or Announcement has been approved by:
i. the Lusaka Stock Exchange
ii. the Securities and Exchange Commission
iii. Stockbrokers Zambia Limited
RISK WARNING
The Notice or Announcement contained herein contains information
that may be of a price sensitive nature.
Investors are advised to seek the advice of their investment
advisor, stockbroker, or any professional duly licensed by the
Securities and Exchange Commission of Zambia to provide securities
advice.
ISSUED: 31 March 2016
ZCCM INVESTMENTS HOLDINGS PLC
[Incorporated in the Republic of Zambia]
Company registration number: 771
Share Code: ZCCM-IH
ISIN: ZM0000000037
["ZCCM-IH" or "the Company"]
In compliance with the requirements of the Securities
(Registration of Securities) Rules, 1993 and the Lusaka Stock
Exchange Listing Requirements, the Board of Directors of ZCCM
Investments Holdings (ZCCM-IH) announces the audited results of the
Company for year ended 31(st) March 2015.
2015 2014
SUMMARY OF CONSOLIDATED STATEMENT
OF PROFIT OR LOSS & OTHER COMPREHENSIVE
INCOME FOR THE YEAR ENDED 31
MARCH 2015 ZMW'000 ZMW'000
1 000
Revenue 241 989 538
(2 179 871
Operating (loss)/profit 453) 006
Net financing income 569 950 27 936
Share of profit/ (loss) of equity-accounted (537
investees, net of tax 280 535 041)
-------- --------
(1 328 361
(Loss)/ profit before tax 968) 901
(84
Income tax expense 341 851 715)
(987 277
(Loss)/profit for the year 117) 186
======== ========
Basic and diluted earnings per
share (Kwacha) (6.14) 3.08
======== ========
2015 2014
SUMMARY OF CONSOLIDATED STATEMENT
OF FINANCIAL POSITION AS AT 31
MARCH 2015 ZMW'000 ZMW'000
7 814 6 585
Total Non-current assets 621 896
2 266
Total current assets 689 437 442
8 504 8 852
Total Assets 058 338
======== ========
7 369 8 004
Equity attributable to shareholders 959 732
Non-current liabilities 539 519 346 672
Current liabilities 594 580 500 934
1 134
Total liabilities 099 847 606
8 504 8 852
Total equity and liabilities 058 338
======== ========
Consolidated statement of changes in equity
CONSOLIDATED STATEMENT Share Share Total Retained Total
OF CHANGES IN EQUITY capital premium Reserves earnings
ZMW'000 ZMW'000 ZMW'000 ZMW'000 ZMW'000
Balance at 1 April
2013 893 0 605,865 4,018,325 4,625,083
Profit - - - 277,186 277,186
Currency translation
- equity accounted
investees - - 1,012,998 1,012,998
Amortisation of
revaluation surplus,
net of tax - - (433) 433
Actuarial loss on
defined benefit,
net of tax - - - (593) (593)
Issue of ordinary
shares 715 - - 715
Share premium - 2,089,343 - 2,089,343
Balance at 31 March
2014 1,608 2,089,343 1,618,430 4,295,351 8,004,732
Balance at 1 April
2014 1,608 2,089,343 1,618,430 4,295,351 8,004,732
Profit - - (987,117) (987,117)
Currency translation
- equity accounted
investees - - 597,689 597,689
Revaluation surplus
on PPE, net of tax 5,572 5,572
Amortisation of revaluation
surplus - - (215) 215 -
Actuarial loss on
defined benefit,
net of tax - - (66) (66)
Payment of dividend (250,851) (250,851)
Balance at 31 March
2014 1,608 2,089,343 2,221,476 3,057,532 7,369,959
2015 2014
SUMMARY OF CONSOLIDATED STATEMENT
OF CASH FLOWS FOR THE YEAR ENDED
31 MARCH 2015 ZMW'000 ZMW'000
529 130
Net cash from operating activities 297 562
(508 (166
Net cash used in investing activities 253) 558)
Net cash used in/ from financing (251 271
activities 625) 921
-------- --------
Net (decrease)/ increase in cash (230 235
and cash equivalents 581) 925
Cash and cash equivalents at 274
1 April 363 38 438
Cash and cash equivalents at 274
31 March 43 782 363
======== ========
Group Financial Performance
The Group recorded turnover of K242 million (2014: K1, 001
million) and operating loss of K2, 179 million (2014: K871 million
profit). Further, the Group reported a loss before tax of K1, 329
million (2014: K362 million profit). The Group recorded a loss
after tax of K987 million (2014: K277 million profit). The Group's
share of profit of equity accounted investees' was K281 million
(2014: K537 million loss).
The Group's equity attributable to shareholders as at 31 March
2015 was positive at K7, 370 million (2014: K8, 005 million).
The dividend declared for 2014 was paid out in the third quarter
of the year.
T | +260-211-232456
E | advisory@sbz.com.zm
W | www.sbz.com.zm
Stockbrokers Zambia Limited (SBZ)
is a member of the Lusaka Stock
Exchange and is regulated by the
Securities and Exchange Commission
of Zambia
====================================
First Issued on 31 March 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
FR ZMGGDFMNGVZM
(END) Dow Jones Newswires
April 01, 2016 09:30 ET (13:30 GMT)
Zccm Investments (LSE:ZCC)
Historical Stock Chart
From Apr 2024 to May 2024
Zccm Investments (LSE:ZCC)
Historical Stock Chart
From May 2023 to May 2024