Cambria Africa plc (CMB) 2019年年度报告「LSE」.pdf

1、CAMBRIA AFRICA PLCANNUAL REPORT2019Committed to relentlessly increasing shareholder value.Table of ContentsResults for the year 1 to 7Chief Executive Officers Statement 8 to 9Directors 10Directors Responsibilities Statement 11Directors Report 12 to 18Report of the Independent Auditors,Baker Tilly Is

2、le of Man LLC 19 to 21Consolidated and Company Income Statement 22 to 23Consolidated and Company Statement of Comprehensive Income 24Consolidated and Company Statement of Changes in Equity 25 to 26Consolidated and Company Statement of Financial Position 27Consolidated and Company Statement of Cash F

3、lows 28 to 29Notes to the Financial Statements 30 to 67Corporate information 68Shareholder information 69ANNUAL REPORT 20191About Cambria Africa Plc:Cambria Africa Plc(AIM:CMB),is an AIM listed investment company holding controlling interests and active management control in companies well-positione

4、d to benefit from a turnaround and modernisation of Zimbabwes economy.Its wholly owned operations in Zimbabwe are:Payserv Africa,a FinTech company with$4 million in revenues in FY 2019.Payservs Paynet Zimbabwe subsidiary has a proven track record of offering secure transactions to financial institut

5、ions and MNOs.Paynet also cuts a wide swath in Zimbabwes payroll management and consumer loan processing markets.Payservs objective is to leverage its technology platforms to exploit opportunities which arise from FinTech disruptions.Millchem Zimbabwe is a value-added chemicals distributor with$1.04

6、 million in revenues for FY 2019.The company is currently focused on ethanol-based solvents due to the significant local availability of ethanol.Millchem continues to trade profitability following the successful implementation of Cambrias turnaround program.Results for the yearThe Company achieved C