Cambria Africa plc (CMB) 2016年年度报告「LSE」.pdf

1、Annualreport2016CambriaAfricaPlcResults for the year 3Chief Execu?ve Offi cers Statement5Directors9Statement of Directors Responsibili?es10Directors Report11Report of the Independent Auditors,Baker Tilly Isle of Man LLC,to the members of Cambria Africa Plc.15Consolidated Income Statement 17Consolida

2、ted Statement of Comprehensive Income18Consolidated Statement of Changes in Equity19Consolidated and Company Statement of Financial Posi?on21Consolidated Statement of Cash Flows22Notes to the Financial Statements23-62Corporate informa?on63Shareholder informa?on64TableofContentsAnnualReport2016PAGE3C

3、AMBRIAAFRICAPLCFINANCIALREPORT2016Results highlights:Cambrias EBITDA from con?nuing opera?ons increased by$2.16 million to$430,000 from a loss of$1.73 million in FY 2015.Excluding legal costs,EBITDA from con?nuing opera?ons increased by almost$3 million to$1.24 million from a loss of$1.73 million in

4、 FY 2015.Cambrias cash fl ow from opera?ons increased by$6.56 million to$3.63 million from a net cash ou?low of$2.93 million in FY 2015.Cambria slashed central costs by almost half to$1.1 million from$2.0 million in FY 2015(down 45%).Excluding legal costs of$820,000,central overheads decreased by 86

5、%to$280,000 from$2 million in FY 2015.Cambria reduced consolidated borrowings to$4.4 million from$7 million in FY 2015,a 37%decrease.Post-VAL Loan Conversion(discussed under Subsequent Events below)borrowings will drop to$2.9 million,a 59%decrease from FY 2015 levels.$390,000 in annual interest savi

6、ngs is expected from the reduc?on in borrowings and the VAL Loan Conversion.Compared to FY 2015,which refl ects a full year of interest costs on previous borrowings,the annual interest savings will be$480,000.Payserv,Cambrias largest subsidiary by revenue and profi t,achieved a 100%increase in profi