1、CAMBRIA AFRICA PLCANNUAL REPORT2018Committed to relentlessly increasing shareholder value.Table of ContentsResults for the year 1 to 3Chief Executive Officers Statement 4 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 20181About 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 the growth and modernisation of Zimbabwes economy.Its wholly owned operations in Zimbabwe are:Payserv Africa,a FinTech company with$7.57 million in revenues in FY 2018.Payservs Paynet Zimbabwe subsidiary holds a dominant position in the countrys electronic payments market,facilitat
5、ing about 40%of all payments in the country.Paynet has a proven track record of secure transactions with ubiquitous presence in all financial institutions and Mobile Network Operations(MNOs).Paynets product is used by every government department and by over 5,500 of the largest private banking custo
6、mers.Paynet serves over 2.5 million unique final beneficiaries in Zimbabwe.Paynet also cuts a wide swath in Zimbabwes payroll management and consumer loan processing markets.Payserv is ideally positioned to leverage its existing technology platforms to exploit opportunities which arise from FinTech