Cambria Africa plc (CMB) 2012年年度报告「LSE」.pdf

1、2012Annual ReportChief Executive Officers Statement DirectorsStatement of Directors ResponsibilitiesDirectors ReportReport of the Independent Auditors,KPMG Audit LLC,to the members of Cambria Africa Plc.Consolidated Income Statement Consolidated Statement of Comprehensive Income Consolidated Stateme

2、nt Changes in Equity Consolidated and Company Statement of Financial PositionConsolidated and Company Statement of Cash FlowsNotes to the Financial StatementsCorporate informationShareholder informationCO N T EN T S291011161718192122237576Page 2Cambria Africa PlcChief Executive Officers StatementE D

3、ZO W ISM ANThe 2012 financial year was a year of significant change for Cambria Africa plc(“Cambria”or the“Company”).The Annual General Meeting(AGM)of the Company held on February 24th,2012,resulted in an almost entirely new Board of Directors,with four new Directors replacing the five Directors rep

4、resenting Lonrho plc(Lonrho).Arrival of the new Board commenced an exciting new era for Cambria.In line with the launch of this promising new period the Company was renamed Cambria Africa plc,a name invoking a period of growth and renewal.The transition away from Lonrho signalled the cessation of si

5、gnificant costs borne by the Company resulting from the Lonrho Management Services Agreement.The change in governance permitted the Company to fo-cus on value creation and profitability and to concentrate on four investments:Payserv,the Leopard Rock Hotel,Millchem,and Celsys.Furthermore,the new Boar

6、d decided to take a more prudent view of the value of the various assets on the Companys balance sheet.This review has resulted in significant additional write-offs in Operating Losses amounting to US$19.6 million,with the vast majority relating to intangible assets primarily concerning the Cel-sys