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Pin to quick picksAIREA Regulatory News (AIEA)

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Typo correction to Final Results

5 Mar 2020 17:47

RNS Number : 2069F
Airea PLC
05 March 2020
 

The following amendment has been made to the 'Final results for the year ended 31st December 2019' announcement released on 5 March 2020 at 07:00 under RNS No 0570F.

In the consolidated Balance Sheet there was duplication of the heading 'Deferred tax' under Non-current liabilities. The second reference to 'Deferred tax' under Non-current liabilities in the previous announcement now reads 'Loans and borrowings'.

 All other details remain unchanged. The full amended consolidated balance sheet is shown below.

Airea plc

Final results for the year ended 31st December 2019

Consolidated Balance Sheet

Year ended 31 December 2019

2019

2019

2018

2018

£'000

£'000

£'000

£'000

Non-current assets

Property, plant and equipment

4,229

5,108

Intangible assets

39

95

Investment property

3,600

3,400

Deferred tax asset

847

1,466

Right-of-use-asset

1,233

-

_______

_______

9,948

10,069

Current assets

Inventories

5,461

6,797

Trade and other receivables

2,112

2,330

Cash and cash equivalents

2,957

2,732

_______

_______

10,530

11,859

_______

_______

Total assets

20,478

21,928

_______

_______

Current liabilities

Trade and other payables

(2,412)

(3,571)

Provisions

(320)

(320)

Lease liabilities

(329)

(187)

Loans and borrowings

(562)

-

_______

_______

(3,623)

(4,078)

Non-current liabilities

Deferred tax

(457)

(305)

Pension deficit

(1,472)

(3,688)

Lease liabilities

(323)

(323)

Loans and borrowings

(724)

-

_______

_______

(2,976)

(4,316)

_______

_______

Total liabilities

(6,599)

(8,394)

_______

_______

Net assets

13,879

13,534

_______

_______

Equity

Called up share capital

10,339

10,339

Share premium account

504

504

Own shares

(1,839)

-

Share based payment reserve

85

-

Capital redemption reserve

3,617

3,617

Revaluation reserve

3,048

3,096

Retained earnings

(1,875)

(4,022)

_______

_______

Total equity

13,879

13,534

_______

_______

 

Enquiries:

Neil Rylance 01924 266561

Chief Executive Officer

 

Paul Stevenson 01924 266561

Group Finance Director

 

Peter Steel / Ben Farrow 020 7496 3061

N+1 Singer

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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