Cambria Africa plc (CMB) 2017年年度报告「LSE」.pdf

1、Annual report 2017 Cambria Africa PlcResults for the year 3 to 4Chief Executive Officers Statement5 to 8Directors9Statement of Directors Responsibilities9Directors Report10 to 13Report of the Independent Auditors,Baker Tilly Isle of Man LLC,to the members of Cambria Africa Plc.14 to 16Consolidated I

2、ncome Statement 17Consolidated Statement of Comprehensive Income18Consolidated Statement of Changes in Equity19 to 20Consolidated and Company Statement of Financial Position21Consolidated Statement of Cash Flows22Notes to the Financial Statements23 to 60Corporate information61Shareholder information

3、62 Table of ContentsAnnual Report 2017PAGE 3CAMBRIA AFRICA PLC FINANCIAL REPORT 2017FY 2017 results highlights:EBITDA from continuing operations nearly doubled,increasing by 97%to$1,245,000 from$632,000 in FY 2016.This increase included legal costs of$957,000 comprising of the Consilium settlement o

4、f$223,000 and associated legal fees of$734,000(FY 2016:$816,000).Excluding legal costs,EBITDA increased by 52%or$750,000 to$2.20 million from$1.45 million in 2016.All known legal costs associated with the Consilium Dispute have been accrued in FY 2017 leaving little or no carryover of associated leg

5、al costs to FY 2018.Following on from a significant rationalisation and reduction in 2016 which slashed non-legal central costs by 86%from$2 million to$280,000,Cambrias central costs(excluding legal costs)have stabilised at$311,000.Profit before Tax(PBT)increased by$856,000 to$716,000 from a loss of

6、$140,000 in FY 2016.Profit after Tax(PAT)found itself in positive territory reaching$56,000 a$593,000 increase in profitability compared to a loss of$537,000 in FY 2016.This increase in after-tax profitability was achieved despite a 66%($263,000)increase in taxes to$660,000 from$397,000 in FY 2016 B